Ford will pay out US$750 million ($719 million) to hourly workers as part of a severance deal as it winds down production at its manufacturing plant in Genk, Belgium, by the end of next year. Reuters reports Ford has reached a deal with ...
What are Refractories? To put it simply, refractory is any material that has the ability to withstand the action of abrasive or corrosive solids, liquids or gases at high temperatures. Depending upon the application areas and operating ...
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Italian producer of pharmaceutical glass packaging Stevanato Group has invested around €22m to double the size of its manufacturing plant in Mexico. The Mexican plant, which was opened in 2008 to serve the needs of the US market, ...
US-based family-owned dairy company Shamrock Farms has broken ground on a $50m dairy manufacturing plant in Augusta County, Virginia. The 130,000ft2 facility is being established in the Mill Place Commerce Park. It will feature extended ...
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Toyota Motor Manufacturing Indonesia (TMMIN), the Indonesian subsidiary of Toyota Motor has opened its second car manufacturing plant in Karawang built at a cost of $340m. Toyota said the new plant, which is adjacent to the existing plant ...
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Atlas Copco has unveiled a state-of-the-art lean compressor manufacturing facility near Pune, India. The built-up area of 19 000 square meters includes a manufacturing plant and an engineering office building. The factory is built in ...
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Mercedes Benz Mexico reportedly invested US$15 million in expanding its bus manufacturing plant in the municipality of Garcia, in the northern state of Nuevo Leon. Harald Hauke, vice president of Mercedes Benz Mexico, indicated that the ...
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Spanish automobile manufacturer SEAT has introduced the new three-door Leon SC coupe at the ongoing 2013 Geneva Motor Show in Switzerland. The new coupe is offered with TSI and TDI engines variants, ranging from1.2 to 2.0L, which ...
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Mahindra & Mahindra's (M&M) Farm Equipment Sector has launched a new tractor manufacturing plant at Zaheerabad, Andhra Pradesh in India. The plant with a footprint of 60,000sqmt is built with investment of over INR3bn ($5.48m) and is ...
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Japanese tire maker Bridgestone's subsidiary, Bridgestone Europe (BSEU) will shut down its passenger car tire manufacturing plant located at Modugno in Bari, Italy. The decision was driven by the 13% fall in the European Union (EU) tire ...
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British luxury car manufacturer Jaguar Land Rover (JLR) is planning to invest about GBP500m to double the capacity of its Wolverhampton engine manufacturing plant in central England. The investment forms part of rise in capital spending ...
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Atlas Copco celebrates 140 years of excellence with a range of activities in more than 90 countries. At its sites in the UK & Ireland Atlas Copco will mark the 140 year anniversary with a special celebration. Alex Bongaerts, Company ...
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Chinese carmaker Zhejiang Geely is planning to invest about $398m to build a new powertrain manufacturing facility in the coastal city of Ningbo in Eastern China's Zhejiang province. The investment is part of an agreement signed between ...
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TAYLORSVILLE, N.C. — Kincaid Furniture says its Upholstery Division plant here has achieved a safety milestone, operating without a single lost-time accident since April 10, 2007. "Safety is our number one goal," said Reggie Propst, ...
Hyundai has celebrated the completion of the world’s first mass produced fuel cell production car at a ceremony in Korea. Hyundai rolled the white zero-emissions, hydrogen-powered Hyundai ix35 Fuel Cell off the assembly line at the ...
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