Automotive giant Ford has flagged off F-650/F-750 medium-duty trucks at Ohio assembly plant in the US, which was previously manufactured in Mexico. Ford The Americas president Joe Hinrichs said: "Our investment in Ohio Assembly Plant ...
Tags: Medium-Duty Trucks, pickup truck
Pork producer and processor Smithfield Romania has secured $60m in loan from the International Finance Corporation (IFC) to expand its operations in the country. The loan amount will be spent on restructuring its debts and to expand its ...
Tags: Pork producer, Smithfield Romania
Small and medium enterprises (SMEs) in Nigeria, including textile and clothing firms, face several challenges—access to finance, rickety infrastructure, patchy energy supplies and security concerns, says a recent Economist ...
Automobile major General Motors (GM) will pump in $119m in tools and equipment to boost the component output for its future vehicles at its Grand Rapids operations unit in Michigan, creating around 300 employment opportunities. The ...
Tags: Auto Parts, GM
Automotive emissions control systems manufacturer Faurecia Emissions Control Technologies (FECT) is planning to establish a new production facility in Columbus, Indiana. The proposed 400,000ft2 facility will see around $61m in investment, ...
The NDRC said the increase followed gains in international oil prices due to a tense geo-political situation in the Middle East and a weakening dollar.China has a pricing regime which adjusts domestic fuel prices when international crude ...
Colborne based food processing facility Ontario Agri-Food Venture Centre has received $225,000 to support the advancement of small batch food products grown in eastern Ontario, Canada. This funding will enable the firm to accommodate ...
Tags: vegetables, fruits, Food
Global coding and marking specialist Linx Printing Technologies has opened its new 41,000 sq ft UK headquarters. The company invested close to 8m to bring up a single building at Compass Point Business Park which integrated its ...
Tags: Linx, new facility, Packaging
C&H Garments which has set up a Rwandan garment manufacturing unit recently signed a memorandum of understanding (MoU) with Rwanda Development Board and Fairtrade Africa. In collaboration with Fairtrade, C&H plans to establish a ...
Tags: C&H Garments, garment
China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...
Tags: economy growth, economic reforms
Global Packaging will expand its facility in the city of Hamlet in Richmond County, investing close to $9.8m that will lead to creation of 33 jobs over the next three years. Based in Oaks, Pennsylvania, Global Packaging specialises in ...
The Philippines division of Japanese auto maker Mitsubishi Motors has started production of vehicles at the company’s new plant at Santa Rosa, Laguna province. The new plant occupies around 21.4 hectors, and is expected to have ...
Tags: Mitsubishi, Santa Rosa Plant
China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
Dutch textile and design company, Vlisco Group, has signed a Memorandum of Understanding (MoU) with the Federal Government of Nigeria, to invest in the Cotton, Textiles, and Garment (CTG) sector of Nigeria, Vanguard reported. The MoU ...
Canadian cookie manufacturer Creative Food Ingredients will add 75,000ft2 area to its existing facility in Perry, in order to drive production, aiming for increased output at reduced costs. Construction for the additional space is ...
Tags: mortgage, sales tax exemptions, Agriculture