American City Business Journals has launched the Providence Business Journal (Rhode Island).

“At a time when media companies are cutting back and with the economy in peril, it’s a bold decision to launch a new media property. But as the economy comes back and the way of doing business continues shifting out from under owners and managers, the need for local business intelligence in Greater Providence and the surrounding region has never been greater,” says a story on the launch from the business journal. 

ACBJ employs nearly 360 journalists across 44 markets. The company also owns and operates Hemmings Motor News, AmericanInno, Bizwomen and BizEquity.

ACBJ is headquartered in Charlotte, North Carolina, and is part of Advance, a private business with a portfolio spanning media, communications, technology, education and other sectors.