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Volkswagen to invest $210m at its manufacturing plant in Kariega
Germany-based automobile manufacturer Volkswagen has announced plans to invest R4bn ($210m) at its manufacturing plant in Kariega, South Africa. The investment …
Apple commits to increasing investment in Vietnam
US tech giant Apple has committed to increasing its existing investment in Vietnam, according to the country’s state media. Tim Cook, …
TCS adds new delivery centre in Brazil
India-based IT company Tata Consultancy Services (TCS) has opened a new delivery centre in the Brazilian city of Londrina, Paraná. The centre …
Amazon to invest €700m in robotics, AI-powered tech in Europe
Amazon has shared plans to introduce 120 new pieces of automation technology across the European network in 2024. The e-commerce …
OpenAI to open first Asian office in Tokyo
OpenAI will open its first office in Asia with the opening of a new office in Tokyo, Japan, the company …
Shimadzu Scientific Instruments opens R&D centre in US
Shimadzu Scientific Instruments (SSI), the American arm of Japan-based Shimadzu, has opened a new research and development (R&D) centre in the …
Lubrizol opens global capability centre in India
US specialty-chemicals company Lubrizol has opened a new global capability centre (GCC) in the Indian city of Pune, Maharashtra. The facility …
Nestlé to invest €472m in Italian pet-food factory
Nestlé is set to invest €472m ($507m) in a new pet-food factory in northern Italy, according to the country's government. The …
Molson Coors to invest $125m in UK production
Molson Coors Beverage Co. is set to invest more than £100m ($125m) in its UK production network over the next …
Lactalis to shut Australia plant following review
French dairy heavyweight Lactalis is to close a yogurt and desserts plant in Australia. Lactalis plans to shut the factory in …
TSMC plans third facility in Arizona after securing $11.6bn in funding
Taiwan Semiconductor Manufacturing Company (TSMC) has announced plans to build its third fabrication plant in the US city of Phoenix, …
Global Seamless selects Louisiana for its first US facility
India-based manufacturer Global Seamless Tubes and Pipes has announced an investment of $35m to establish its first US production facility. The …
GE Aerospace to expand manufacturing operations in Pune, India
US-based aircraft engine supplier GE Aerospace has announced that it will invest $30m to expand and upgrade its manufacturing facility …
South Korea’s SK Hynix to open $3.8bn US chip plant in Indiana
South Korean semiconductor company SK Hynix will open a new chip manufacturing plant in the US state of Indiana. The company …
Statevolt to build new battery cell gigafactory in UAE
The US-based Statevolt will build a new state-of-the-art, platform-neutral battery cell gigafactory in Ras Al Khaimah, UAE. The factory built by …