China attracted 8.38 billion U.S. dollars in Foreign Direct Investment (FDI) in August, up 0.62 percent year on year, data from the Ministry of Commerce (MOC) showed Tuesday. The increase was down sharply from a 24.13 percent jump in July ...
Suzuki Indomobil Motor (SIM), an Indonesian subsidiary of Japanese automaker Suzuki Motor, has commenced the production of its 1000cm3 passenger car, Karimun Wagon R, from September 2013. The Karimun Wagon R is a passenger car with five ...
Tags: Suzuki, Transportation, Auto
Following a strong pace of production in the first quarter of 2013, manufacturing production eased in the second quarter but should accelerate growth, according to the quarterly Manufacturers Alliance for Productivity and Innovation U.S. ...
Faurecia, a French automotive components producer, has received EUR122.5m loan from European Bank for Reconstruction and Development (EBRD) to support its expansion plans. As part of its capital expenditure plan, the company will use this ...
Tags: car, auto, Transportation
German automaker Audi is set to invest EUR150m to commence the production of cars in S?o José dos Pinhais, Brazil by 2015. This new investment will see the production of the new Audi Q3 and the new A3 Sedan in the country. The new ...
Shaw Industries Group, Inc. is investing $100 million to streamline its distribution network and expand its fiber extrusion facility in Northwest Georgia. These investments will expand capacity for projected growth, add approximately 175 ...
Tags: carpet tile, Construction
Mattress industry veteran Normand Ricard has taken back the company he founded almost 40 years ago, having acquired what is now known as Rev Sleep Corp. from Bedford Capital, a private equity firm based here. The terms of the deal, which ...
Tags: Mattress, Light Industry, Daily Use
Shaw Industries Group, Inc., the world's largest carpet manufacturer and a leading floorcovering provider, is investing $100 million to streamline its distribution network and expand its fiber extrusion facility in Northwest Georgia. ...
Tags: Textile
As the anticipated U.S. decision to put an end to the quantitative easing policy has sent jitters across the markets of emerging economies, and has led to mounting concern over a capital exodus, the Chinese government has geared up to do ...
US based auto-parts manufacturer BorgWarner has started the construction of a new manufacturing facility in Viana do Castelo, Portugal. Located at the industrial zone of Lanheses in Viana do Castelo, the new facility includes 160,000sqft ...
Tags: Auto Parts
German automaker Volkswagen is planning to invest $529m to commence the local assembly of new Golf model as well as restart production by its Audi division in Brazil. The automaker's subsidiary Audi will also invest about $200m to expand ...
Tags: Auto Parts, Volkswagen
Analog semiconductor maker Skyworks Solutions Inc of Woburn, MA, USA says that its highly integrated, low-noise amplifier front-end modules are being used by various OEMs to enable global positioning systems (GPS) and global navigation ...
In booth 360 at the European Conference on Optical Communications (ECOC 2013) in London, UK (23-25 September), the Optical Internetworking Forum is hosting a record number of multi-vendor interoperability demonstrations. Addressing a wide ...
The presses allow the two businesses to offer increased capacity, and greater manufacturing efficiency and flexibility to their existing blue-chip customer base as well as allowing additional customers to take advantage of top quality ...
Systems giant IBM is to open its wallet and write out another $1bn cheque to support the development of open source operating system Linux in an era of cloud computing and big data. The investment was announced at LinuxCon North America ...
Tags: Cloud Computing, Computer Products, IBM