Mars has announced plans to reinvest $70m in its US supply chain, with the creation of around 250 jobs at sites across the country. The company said the move will ensure that over 95% of its chocolate products for the US are made here. ...
Tags: Mars, chocolate products
US automaker Ford Motor is investing $1.2bn in three manufacturing facilities in Michigan to prepare for production of the new Ranger and Bronco vehicles. Of the total amount, the automaker plans to invest $850m on Michigan assembly plant ...
Tags: Ford Motor, Auto Plants
Dow Chemical has completed construction phase of ethylene production facility in Freeport, Texas, ahead of schedule. The firm is now progressing through the commissioning phase for the ethylene facility scheduled by mid-year. Dow ...
Tags: Dow Chemical, Ethylene Production
FCA US will invest over $1bn in its assembly facilities in Illinois and Ohio to retool them in order to increase production of its Jeep Cherokee and Wrangler. The Toledo Assembly Complex in Ohio will receive an investment of $700m, which ...
OFD Foods, a supplier of freeze-dried food for the US Military, will expand its operations in New York State with a new $25m manufacturing plant in Monroe County. The company has selected Henrietta in Monroe County to build a new ...
Tags: OFD Foods, freeze-dried food
Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
Niagara Bottling is set to invest around $95m to expand its operations in Box Elder County, Utah, US. The beverage bottling firm, along with the Economic Development Corporation of Utah (EDCUtah), has announced the expansion and capital ...
Tags: Niagara Bottling, beverage
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
The Right Place, an economic development organization, has announced the relocation and expansion of two companies in the Grand Rapids of Michigan by collaborating with its state, regional, and local partners. The proposed projects are ...
Tags: Plastic Extrusion, Custom Profile
Oman’s Mazoon Dairy, which is coming up in the Buraimi governorate with an investment of OMR100m ($260m), is slated to become operational in the latter half of 2018. The dairy company has secured a site at Al Sunaynah, located in ...
Tags: Mazoon Dairy, dairy
Nikola Motor has unveiled its Nikola One electric semi-truck vehicle at an invite-only event at its headquarters in Salt Lake City, Utah, US. The Nikola One utilizes a fully electric drivetrain powered by high-density lithium batteries. ...
Tags: Nikola, Electric Semi-Truck
Lucid Motors has selected Casa Grande for its electric car manufacturing operation. The facility will bring over 2,000 projected new jobs and more than $700m in capital investment to the region by 2022. Governor Ducey said: “Lucid ...
Tags: Lucid Motors, Electric Car
A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
Toyota announced it will increase Tacoma's production by more than 60,000 trucks annually at its Baja California, Mexico facility in 2018. The increased volume will add approximately 400 jobs and inject about $150 million in new investment. ...
Polymer Logistics, a retail ready packaging company, has launched a 75,000ft2 logistics and distribution center in Porter County, Indiana, US. Located at 6750 Daniel Burnham Dr., Portage IN, the new facility will create more than 40 new ...
Tags: Polymer Logistics, Polymer