Expansion News
U.S. To Offer $2B On Clean Energy Loans To S. Africa
August 6, 2012 3:07 pm | by Jon Gambrell, Associated Press | News | CommentsThe 18-year loans will aim to help American companies in the solar, wind and thermal power industries make headway in Africa.
Wash. Glass Bottle Factory Restarts After Close Call
August 6, 2012 12:29 pm | by Erik Olson, The Daily News | News | CommentsThe Bennu Glass factory was destined to be mothballed just months ago, but nearly $100 million in investments has the furnace running hotter than ever.
Ford Adding 225 Jobs To Build Hybrid Transmissions
August 2, 2012 1:03 pm | News | CommentsThe automaker will invest $220M in a Sterling Heights plant to built the first transmission designed and produced entirely by Ford.
Mass.-Based Hologic Plans To Close Wis. Plant
August 2, 2012 12:51 pm | News | CommentsThe medical device maker announced that it will cut130 jobs in the Madison area the same day it completed a $3.8B acquisition of Gen-Probe Inc.
Eastman Chemical Joint Venture To Make China Plant
July 31, 2012 1:49 pm | News | CommentsSinopec Yangzi Petrochemical Co. will help Eastman gain more access to fast-growing consumer packaged goods markets in Asia.
Va. County To Recover Jobs Lost By Mill Closure
July 30, 2012 9:17 am | News | CommentsThe opening of a Green Mountain Coffee Roasters plant in the area will create 800 jobs, a large portion of the 1,100 lost when International Paper closed doors.
Nippon Sharyo Opens Illinois Rail Car Plant
July 20, 2012 9:28 am | News | CommentsThe Japanese company has a contract to build 160 new passenger rail cars for the Chicago-area's Metra commuter rail system.
Renault, Nissan Invest In South Korea Production
July 20, 2012 1:40 am | by Yuri Kageyama, AP Business Writer | News | CommentsThe French-Japanese auto alliance will spend $160 million to boost production by 80,000 vehicles, taking advantage of South Korea's free trade agreement with the U.S.
Microsoft Reports First Loss As Public Company
July 20, 2012 1:27 am | by Ryan Nakashima, AP Business Writer | News | CommentsDespite revenue increasing 4 percent to $18.06 billion, the company's acquisition of struggling online ad business aQuantive cost $6.2 billion.
Haitian Company Added To US-Backed Assembly Park
July 18, 2012 2:00 am | by Trenton Daniel, Associated Press | News | CommentsFinanced by $224 million in subsidies, the Caracol Park is the U.S.'s biggest investment in Haiti since the 2010 earthquake clobbered the island country.
Sabra Dipping Building New R&D Facility In Virginia
July 13, 2012 1:55 pm | News | CommentsSnack dip company Sabra Dipping Co. is breaking ground on a new research and development facility that will include a culinary center, pilot plant and research facilities.
Starbucks Breaks Ground On $172 Million Plant
July 13, 2012 1:27 pm | News | CommentsThe Seattle coffee chain announced in March that the Augusta, GA facility will make Via instant coffee and ingredients for Frappucinos sold in Starbucks outlets and in grocery stores.
Cleveland Gear Celebrates 100 Years
July 13, 2012 8:57 am | by PRNewswire | News | CommentsCleveland Gear Co., a pioneering force behind worm gear manufacturing in the United States, is celebrating 100 years of continuous manufacturing.
ZeeVee Leaves China, Brings Jobs To Mass.
July 12, 2012 1:57 pm | Articles | CommentsZeeVee, Inc., a developer of high definition video distribution products, recently moved its overseas contract manufacturing operations to Massachusetts from China, where it had been manufacturing since introducing its first-generation products about five years ago. Eventually ZeeVee halted Chinese manufacturing and shifted operations to Suntron, which has manufacturing facilities in Massachusetts, just miles from ZeeVee’s headquarters.
Snack Dip Co. To Break Ground On Va R&D Facility
July 12, 2012 9:52 am | News | CommentsNew York-based Sabra says the $28M investment will help establish best practices from food science to product packaging.
Wash. Gov. Tried To Court Boeing Rival Airbus
July 12, 2012 9:25 am | by Mike Baker, Associated Press | News | CommentsGov. Chris Gregoire lost out to Alabama on Airbus' new facility, but says the company knows "we've got the best (suppliers) in the world."
Southern Motion Opens Miss. Furniture Plant
July 11, 2012 9:29 am | News | CommentsThe company has hired 60 employees to work in a golf accessory plant owned by James M. Davis before he pleaded guilty to his involvement in a Ponzi scheme.
India's Ranbaxy Planning Expansion In U.S.
July 10, 2012 12:13 pm | by Linda A. Johnson, AP Business Writer | News | CommentsCEO Arun Sawhney said the company is aiming to regularly be first on the U.S. market with just-approved generic drugs.
Bridge Builder To Open Facility In Virginia
July 10, 2012 12:10 pm | News | CommentsBridge building company Big R Bridge plans to invest $1.9 million and hire 30 workers for the facility to manufacture prefabricated bridge parts.
Keeping Industry In Motion
July 10, 2012 10:45 am | by Anna Wells, Executive Editor, Industrial Distribution | Articles | CommentsFor a supplier like Motion Industries — equal parts cutting-edge practices and classic industrial MRO — a city nestled near the foothills of Appalachia seems like a natural fit.
PepsiCo Opens New Plant In China
July 10, 2012 10:10 am | News | CommentsThe Wuhan, China, facility will have the capacity to make about 15,000 tons of Lay's potato chips a year to tap a massive, growing market.
GE CEO: N.Y. Battery Plant To Get $70M Expansion
July 10, 2012 9:41 am | News | CommentsThe investment in the Schenectady plant will double production and add 100 new jobs to make more batteries for hybrid locomotives.
Central Indiana Factory Back On Market Again
July 9, 2012 2:40 pm | News | CommentsAbound Solar had planned to employ 800 to 1,000 people at the factory near Tipton, but bankruptcy has left the state-of-the-art facility in need of a new tenant.
Belgian Aerospace Company To Open Oklahoma Plant
July 9, 2012 1:30 pm | News | CommentsASCO Inc. will initially invest $60 million and employ 250 people by 2014 because Stillwater has a good location and an existing aerospace industry.
Q&A: The Financial Supply Chain
July 9, 2012 11:12 am | Articles | CommentsThe use of technology and open collaborative network processing can do the same for the financial supply chain as has been done for the physical supply chain.
