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Daimler to Invest $1bn in Us to Manufacture Electric Vehicles

Sep 25, 2017

German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...

Tags: luxury automaker, Daimler, Electric Vehicles

Tyson Foods to Invest $84m in Tennessee Poultry Plant Expansion

Aug 18, 2017

American food giant Tyson Foods will invest $84m to expand its poultry plant in Tennessee, a move that will double its output capabilities and create over 300 jobs. The expansion project in Union City in Obion County which will begin this ...

Tags: Tyson Foods, chicken

Wells Enterprises to Invest $40m for Ice Cream Plant Expansion in Iowa, US

Oct 26, 2016

Wells Enterprises, an Iowa-based ice cream company, has announced to invest $40m in Le Mars facility to expand its production capacities. The manufacturer of the Blue Bunny ice cream brand and three other local companies have been awarded ...

Tags: Wells Enterprises, ice cream

General Mills to Invest $25m to Expand Cereal Production Plant in Buffalo, US

Oct 11, 2016

General Mills has announced that it will invest $25m to expand its cereal production plant in Buffalo, New York, US. Expected to be completed in May 2017, the expansion project will include purchase of new packaging equipment, production ...

Tags: General Mills, investment

CGB to Invest $31m in Indiana Soybean Plant Expansion

Oct 11, 2016

Consolidated Grain and Barge (CGB) is set to expand its soybean processing plant in southwest Indiana with an investment of more than $31m. Through the expansion, the company plans to double the size of its plant located at the Port of ...

Tags: CGB, expansion, soybean processing plant

Tyson Foods to Invest $27m to Expand Council Bluffs Case-Ready Facility

Oct 11, 2016

Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...

Tags: Tyson Foods, investment, expansion

ExxonMobil Earns $1.7 Billion in Second Quarter of 2016

Sep 28, 2016

Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...

Tags: second quarter 2016, results

Honda to Invest $45m in South Carolina Plant Expansion

Aug 30, 2016

Honda of South Carolina (HSC) is investing $45m in an expansion project which the company says will create 250 additional jobs at the facility in Timmonsville. The investment will add about 115,000 ft2 of space which will help the ...

Tags: HSC, investment, plant expansion

Xylem Supplies Flygt Pumps for Sewage Treatment Plant Expansion in Saudi Arabia

Aug 8, 2016

The treatment solution developed for the plant includes a number of Xylem products including its Sanitaire ICEAS advanced sequencing batch reactor (SBR) and Flygt pumps. The expansion of the treatment plant began earlier this year and is ...

Tags: Flygt Pumps, Sewage Treatment

Mitsubishi Selects Jacobs to Increase Polyester Film Production Capacity in US

May 13, 2016

Mitsubishi Polyester Film, a subsidiary of Japan-based Mitsubishi Plastics, has selected Jacobs Engineering Group to provide engineering services for the expansion of its polyester film plant in Greenville County, South Carolina, US. ...

Tags: Mitsubishi, Polyester Film

Cargill-Arasco Joint Venture to Set up Fructose Production Plant in Saudi Arabia

Apr 6, 2016

Middle East Food Solution Company (MEFSCO), a joint venture between Arabian Agricultural Services Company (Arasco) and Cargill, is planning to set up a plant to produce fructose, glucose and starch products in Saudi Arabia. In this ...

Tags: MEFSCO, Arasco, Cargill

Pegasus Foods Plans $10m Expansion Of Frozen Food Production Facility In Texas,US

Mar 16, 2016

California-based frozen foods manufacturer Pegasus Foods has announced plan to expand its Rockwall food production plant in Texas with an investment of $10m. The expansion will include construction of an 80,000ft2 manufacturing ...

Tags: Pegasus Foods, Expansion, Rockwall food, Investment, Texas, Frozen food

Agri-Mark To Invest $30m In Chateaugay Cheese Plant Expansion In New York

Mar 15, 2016

Dairy company Agri-Mark is planning to invest $30m in a cheese manufacturing facility in Chateaugay town in New York. The company plans to renovate the roughly 100,000ft2 facility by deploying new cheese vats and other equipment to ...

Tags: Agri-Mark, Investment, Renovation, Manufacturing facility

Continental Breaks Ground on $500m Expansion at Sumter Facility in South Carolina

Sep 14, 2015

Continental has broken ground on $500m expansion of its Sumter facility to double tire production to eight million units by 2021. The Phase 2 expansion will increase the production from four million units planned for 2016. Expanded ...

Tags: Continental, General brand tires

Cargill to Invest $100m to Expand Soybean Crush Operation in Egypt

Sep 10, 2015

US-based food processing company Cargill is investing $100m to double its soybean crush operation in Borg El Arab in order to meet the increasing demand in Egypt for soybean meal and oil. The company will construct 42,000 metric tonne ...

Tags: food processing, soybean crush

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