Newport businesses to receive grants for Helene damage

Two Newport-based businesses have received grants as a result of impact from Hurricane Helene in September 2024. The two grants represent more than $4.5 million in funding, with each company receiving at least $2 million to directly aid in retaining or retraining employees previously terminated due to the destruction of company facilities by the storm. Eastern Plating will receive $3.3 million to retain 141 positions at the electroplating manufacturer, which has operated in Newport since 1983. American Appliance will receive $15.7 million to retain 160 positions at the manufacturer of racks and components for heating and air conditioning systems.