At least $200 million will be invested into early stage, high growth Australian companies by three new venture capital funds supported by the federal government’s Innovation Investment Fund (IIF). The IIF is a Government vehicle ...
Tags: venture capital funds, Bionomics, Pharmaxis
The US Department of Labor reported Friday that the US economy added 88,000 new jobs in March, the smallest gain in nine months and following a 268,000 jump in February. Nonetheless, the jobless rate fell to 7.6 percent, down 0.1 percent ...
Tags: economy
GM considered to investing 38 million dollars to Lansing for the expansion, the company has contacted with the local government about tax cuts matters. GM spokeswoman Erin Davis said recently that the company is currently working on ...
Tags: GM, Canada Oshava, car
April 2, 2013 - Norfolk County just announced it has sold Norfolk Power Inc. to Hydro One Inc. for $93 million. Norfolk Power is the county’s holding company for Norfolk Power Distribution Inc., its electricity distributor, and ...
Tags: Norfolk, Power, electricity distributor
Russian steelmaker Evraz has announced that it has signed an agreement to acquire a stake in the Timir joint venture project for a total consideration of RUB 4.950 million (approximately $160 million) to be paid in several instalments. At ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
US-based chicken processor Koch Foods plans to expand its poultry processing facility in Harris County, Georgia, US with an investment of $49m, a move which is expected to create 750 jobs. The expansion is expected to increase the ...
Tags: Agriculture, Manufacturing, Processing Machinery, chicken processor
Culina, a UK-based provider of logistics services for food and drink firms, is set to establish a chilled distribution center at Cabot Park, Bristol in 2013. The proposed facility, spread over an area of around 19,500m2, will replace the ...
Tags: Culina, Distribution Facility
The Inter-American Development Bank (IDB) announced the approval of a loan of up to $4 million to help Willbes HA, a subsidiary of The Willbes & Co Ltd, headquartered in Cheonan, Republic of Korea, to expand its existing ready-made garment ...
Tags: IDB, garment sector, garment
Food packaging manufacturer Seda UK said that it is investing £18m over the next five years in a major expansion at its Blackwood facility and creating 70 new jobs The Welsh firm also said that it was safeguarding more than 170 ...
Linux professionals are in demand – around 75 percent of them have said that they have been contacted by a recruiter in the past six months. That’s one of the findings from a survey conducted by the Linux Foundation and tech ...
Tags: Linux, tech career site, Linux professionals
It is less than a month since the Decree 0074 of 2013, amending the tariff on apparel imports, was implemented in Colombia, but it has already resulted in the creation of about 1,500 new jobs, Colombian Chamber of Clothing and Allied ...
Tags: apparel sector, apparel, clothing
A just-released forecast of labour supply and demand says construction will need to recruit more than 250,000 workers—including the traditional number of new entrants to the workforce—to meet building needs from now until 2021. ...
Tags: Construction Industry, labour supply, commercial building
Canadian food manufacturer Leclerc Foods plans to invest $15.7m to expand its facility in Kingsport, Tennessee, a move which is expected to create 40 new jobs. The investment will be used to expand one of the facility's existing lines and ...
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 ...
Tags: dairy facility, dairy, dairy company
Peer Foods Group, a US-based producer and distributor of major meats, is set to establish a new production facility in Cumberland, Indiana, creating 80 new jobs by 2014. As part of the expansion plan, the company will invest about $5.5m, ...
Tags: Peer Foods, Agriculture, Food