US-based chicken processor Koch Foods is reportedly planning to invest $7.5m on expansion of its chicken processing plant in East Gadsden, Alabama.The Gadsden City Council approved non-education tax abatements for the company, which is set ...
Chinese auto maker XCMG has commenced production at its $406m heavy truck manufacturing facility at Xuzhou High-tech Industrial Development Zone in China. The facility is spread across 228 acres of land, and it has production capacity of ...
Tags: auto maker, XCMG, Heavy Truck
For the development of textile industry in the state, Maharashtra finance minister Sudhir Mungantiwar proposed an outlay of Rs 59.66 crore in his Budget speech for the year 2015-16 towards interest subsidy of 5 to 7 per cent on long term ...
Tags: Textile Subsidy, textile industry
Fortune cookie maker Wonton Food is reportedly looking to strengthen its manufacturing capabilities with a new $20m facility in La Vergne, Tennessee, US. The company is also considering Houston and New York as alternate sites. The ...
Chairman Jimmy Chu of the Fair Friend Ent. Group (FFG) announced that his company will enter into alliance with Aerospace Industrial Development Corp. (AIDC) to develop and manufacture composite materials for aircrafts. FFG, Taiwan's ...
Tags: manufacture composite materials, aircrafts, Manufacturing
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
West Bengal based and since long ailing, Haldia Petrochemicals Ltd (HPL) is expected to reopen its plant as lenders have agreed to infuse fresh funds into the loss making company. After Purnendu Chatterjee, chairman of The Chatterjee ...
Tags: technical snag, Textile
Clariant recently played host to the car refinishes and automotive coating market in Guangzhou, China. At the Automotive Coating Association (ACA) Seminar, officiated by Chief of Guangdong Qingyuan Hi-Tech Industrial Development Zone Bureau ...
Tags: coating market, Hi-Tech Industrial Development, Construction
Boston Power, a provider of next generation electric vehicle battery design and production, has secured USD $290 million in local government financial support for the expansion of its two facilities in China. The company's Liyang facility ...
The Finance Ministry announced it would lower import tariffs on some goods including camera lens from January 1 to support industrial development and to refine the trade mix. The ministry said applocable imports included manufacturing ...
Tags: Import Tariffs, Camera Lenses
The signing of a free trade agreement (FTA) between China and Korea is expected to result in a structural change in trade patterns between the two counties. The FTA and its consequences thus offer a rare moment for Taiwan to review its ...
Tags: free trade agreement, tariff rates
The government of the Japanese city of Ueda in collaboration with the Shinshu University has launched an academic project to develop high-performance silk with threads derived from genetically engineered spiders and silkworms. According ...
Tags: Silk Thread, Textile
India’s Amul dairy brand maker Gujarat Cooperative Milk Marketing Federation (GCMMF) is set to invest in two other Indian states such as West Bengal and Punjab. GCMMF is expected to invest INR200 crore to set up a unit in West ...
Tags: Gujarat Cooperative Milk Marketing Federation, Amul dairy brand
A new polypropylene plant will come up at IndianOil’s Paradip Refinery Project complex at Paradip in India’s eastern coastal state of Odisha. Foundation for the Rs 3150 crore polypropylene plant was laid by Minister of State ...
Tags: polypropylene plant, catalyst, Textile
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel