The story
The Big Blue Bug was built by Avenia Sign Company of North Providence. Anthony Pescarino, Tom Grenga, and Ronald Levesque assembled the sign over the course of a couple of months. Pescarino said: "We had to put the wings together and brought them to Delaine Street to have them coated in fiberglass."
The Bug was fiberglassed by Robert Garafano, Sr. of Olneyville; at Uptown Auto Body on Delaine st. It was assembled on site and then raised to the roof. The Bug was originally painted purple, the color of an actual swarming termite when observed under a microscope, but the paint soon faded to a pale blue, and the landmark became so well known in that condition that it was never repainted to its original color.
The Bug was originally known only as the "Big Blue Bug", a name coined by Providence traffic reporter Mike Sheridan, until 1990, when it received the name "Nibbles Woodaway" in a contest. Geraldine Perry of Tiverton submitted the winning name.
From Wikipedia’s article on Big Blue Bug Solutions, shared under CC BY-SA 4.0.3