Ford Motor says it will spend more than $773 million on expanding its manufacturing facilities and create 2,350 new jobs in its home state of Michigan as part of a plan to invest $6.2 billion and add 12,000 new positions by 2015. "Even as ...
Tags: Ford Motor, investment, company news, auto industry
Angang,a large steel maker in the world in terms of crude steel output,announced CNY 18.6 billion investment plan to expand 7 existing mines,construct 3 new mines and update 2 tailings reservoirs in a hope to raise its iron ore independency ...
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Reuters reported that access to infrastructure will remain a significant challenge for the mining sector next year even though the government has committed resources to capital investment program aimed at the transformation of the economy. ...
Tags: Mining Jobs, Mining Companies, Coal Mining News, Mining Industry
Today outlined their funding strategy out to 2015, which includes strategic, supporting and complementary initiatives to drive long-term change. ARENA brings under one process a wide range of early stage and commercialisation programs, ...
In August Quinn Glass started the implementation of new cold end equipment designed specifically to handle next generation Spirit containers. With taller profiles and higher centres of gravity, the traditional cold end equipment would not ...
Tags: Glass Invest, Quinn Glass, Glass, Decoration
Taiwanese electronics manufacturer Foxconn Technology Group said it was in exploratory talks with Indonesian officials over serving its domestic market in some capacity, but does not have immediate plans to build factories in the country. ...
Tags: Foxconn Technology Group, Indonesia, capacity, low-cost
Benefiting from the large-scale investment plan launched after the financial crisis,China's hydraulic industry saw rapid development in 2010 and 2011.In 2011,the output value of the hydraulic industry reached RMB43.6 billion,up 24.2%year on ...
Reuters reported that Brazil's Vale, the world's second largest mining company, cut estimated 2013 capital spending by 24% after a global slowdown and a drop in iron ore prices led the company to rethink its outlook for expansion. Vale ...
Tags: iron ore price news, job mining, pipeline job, copper mining news
Glass packaging group Owens-Illinois has revealed plans to spend €140m to upgrade its European manufacturing footprint next year The business, which has 37 plants in Europe including two facilities in the UK in Harlow, Essex and ...
According to latest data released by the Ministry of Railways, China's railway fixed asset investment totaled CNY 425.2 billion in the first ten months of this year, 0.89% lower than the same period of 2011. But investment grew fast in ...
Tags: investment plan, railway infrastructure projects, demand for steel
Xylem Inc.has been awarded a contract to supply treatment technology and systems for a new wastewater treatment plant in Brazil that will serve 60,000 people. Construction is currently underway with Xylem providing its Sanitaire brand ...
Tags: Xylem Inc., wastewater treatment, energy efficiency, Brazil
Canadian yoghurt firm Ultima Foods has announced plans to expand its plant in the eastern city of Granby. Ultima, which produces Yoplait under licence but also has its own brand, Iögo, will spend C$22m (US$22.5m) over the next two ...
Tags: Ultima Foods, Granby, Yoplait, food industry
Taipei, Dec. 5, 2012 (CENS)--Hon Hai Precision will continue its talk with Sharp for shareholding investment in the latter, despite announcement by Sharp to accept 9.9 billion Japanese yen of fund from Qualcomm, the world's largest ...
Tags: Hon Hai Precision, Sharp, shareholding investment, chip, investing
UK Prime Minister David Cameron has announced a £50m investment in London's Tech City to create facilities for start-ups and entrepreneurs. The money will go towards a building incubator facilities at Old Street's technology hub ...
Japanese carmaker Nissan is planning to build a new $785m plant in North Eastern part of China. The new facility in Dalian city is part of the carmaker's 4.7bn (CNY30bn) investment plan in China by the end of 2015, to compete with other ...