Category: Manufacturing & Construction
Manufacturing & Construction
Agriculture firm FGV Holdings Berhad (FGV) and China Machinery Engineering Corporation (CMEC) have reportedly signed a memorandum of understanding (MoU), for exploring the viability of forming a joint venture aimed at building paper pulp production facilities. Apparently, the companies will also explore the potential commercialization …
Manufacturing & Construction
The Adani-Elbit UAV facility would be the first private UAV building facility in India & the first one outside Israel to construct the Hermes 900 UAV. The $15 million UAV manufacturing facility would be operating out of Hyderabad. Adani Group, a renowned Indian multinational conglomerate, …
Manufacturing & Construction
Reports confirm that the board of Escorts Limited has approved a joint venture with a Japanese producer of tractor and heavy equipment, Kubota Corporation, for manufacturing co-branded tractors. Apparently, this 40:60 joint venture between Escorts and Kubota respectively, is formed with an initial investment of …
Manufacturing & Construction
Hyundai had recently reached a preliminary agreement with the city of Gwangju for the new facility. The plan received the approval of the Gwangju’s consultative body with a condition on wage negotiations that the company rejected. Discussions of the Hyundai Motor Company (Hyundai), the renowned …
Manufacturing & Construction
Fuel cell technology specialist, Ceres Power plc has recently finalized its long-term strategic collaboration with China’s automobile and equipment manufacturing firm, Weichai Power. The move is a completion of the prior announced collaboration plans made by the companies in May 2018. Sources close to the …
Manufacturing & Construction
Mainboard-listed Nico Steel Holdings Ltd., has recently posted new orders of over 22 tons of aluminum alloy materials per month for two of its clients. Reportedly, the aluminum alloy materials that Nico Steel will be supplying to these two customers will require customizations to match …
Manufacturing & Construction
Indian mining conglomerate, Adani has recently announced plans to self-fund its Carmichael coal mine and rail project in Australia. The move aims to overcome the mine’s prior failure to live up to its economic promises. The Financial Express reports Lucas Dow, CEO, Adani Mining, to …
Manufacturing & Construction
BMW AG, a renowned German automobile company, has reportedly announced that it is contemplating to build a second manufacturing plant in the U.S. that may be used to manufacture vehicle engines & transmissions. Reports cite, the announcement comes shortly after it was reported that the …
Manufacturing & Construction
Two of the leading construction companies based out of Netherlands, Heijmans and BAM, are exploring possibilities to form a joint venture for transferring their existing asphalt plants in the Netherlands to a new, joint asphalt company, informed sources familiar with the matter. Forming of this …