RELEASE: State Senate Confirms Michael Sweeney to Quonset Board of Directors

Providence, RI – The Rhode Island Senate has voted to confirm Gov. Dan McKee’s
appointment of Michael Sweeney to the Quonset Development Corporation (QDC) Board of
Directors.

“Our board of directors plays a crucial role in QDC’s mission to drive economic growth, create
new jobs and generate a strong tax base for Rhode Island. The experience and leadership that
Michael Sweeney brings to the board will help us continue that important work,” said Steven J.
King, P.E., Managing Director of QDC.

Sweeney brings extensive legal and business expertise to the Quonset board. As the president of
Duffy & Sweeney, he has built a distinguished career in mergers and acquisitions. Sweeney leads
the firm’s M&A practice, advising on business transactions, equity financing and corporate
governance matters. He has been widely recognized by industry leaders, earning accolades from
Best Lawyers, Super Lawyers, and Chambers USA: America’s Leading Guide for Business.

Quonset Business Park is the region’s leading engine for economic growth and job creation,
playing a critical role in Rhode Island’s economy. The Business Park is home to more than 250
companies and over 14,800 jobs, including one of every five manufacturing jobs in Rhode
Island. It also consistently ranks among the Top 10 Business Parks in the United States and the
Top 10 auto importers in North America.

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Sending a huge congratulations to Quonset company @regentcraft on their successful Series B funding round! We look forward to continuing to support their work and additional job creation at their new headquarters at 1 Seaglider Way.

With the unanimous approval of the QDC board, we’ve begun site work to make way for thousands of new jobs at @GDElectricBoat.

Learn more under Electric Boat Expansion - Sanford Road Relocation on the project updates page on our website ⤵️
https://quonset.com/project-updates/?fbclid=IwY2xjawT9emBwZG9mAWV4dG4DYWVtAjExAHNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR7qPYxOfHUekA6sK-0RaINjscdPIOeIjvdYkC6YuoX4qW81G5wS1GPbYgQTcQ_aem_BHBmVscP59cs2mOL5bzE8Q

Announcing @regentcraft's $240M Series B to bring our Seaglider manufacturing facility online and deliver them to our military and commercial customers. Lets go!!

Could not have asked for better co-leads between Mare Liberum (@lcselby) and AE Ventures, bringing vast experience

Thanks to everyone who turned out for our construction site visit today at the Route 4 Missing Move Project in East Greenwich. We were excited to host @USDOTFHWA Administrator Sean McMaster, @GovDanMcKee @SenJackReed, @SenWhitehouse, @Rep_Magaziner, Seval Oz, the Assistant