GERMANY > Turkey based Pasabahce opens showroom in Schwanenhöfe offices in Düsseldorf, Germany

pasabahce_logo_1 Known for products that make a difference, Pasabahce opens a 300 square meter showroom in Schwanenhöfe offices in Düsseldorf, Germany. This showroom will also serve as a new base for Pasabahce in North Europe and will be displaying products such as the company’s mass produced and handmade products for the retail and hospitality industries, its unique product range within the “Nude” More …

SWITZERLAND > US based Philip Morris invests more than 30 million francs ($31.4 million) in Neuchâtel, Switzerland

philip-morris-international-logo Philip Morris International is investing 30 million francs ($31.4 million)  for installing two new high- tech production lines and R&D site in Neuchâtel, Switzerland for producing HEETS tobacco sticks that is used for the IGOS (I Quit Ordinary Smoking). Already produced in a small quantity in Switzerland, the smokeless product heats the tobacco instead of burning the tobacco. Developed at More …

USA > Luxembourg based SAF Holland to invest US$ 4 million in southeast Arkansas

safholland photoshop SAF-HOLLAND, a Luxembourg based chassis related system company, is set to open a new facility in Southeastern Arkansas in the old Federal Mogul building in Dumas hiring 65 new employees. The company is known for making chassis related systems for trailers, trucks, buses, and recreational vehicles. The Dumas plant has been producing trailer suspensions since 1988 and is currently employs More …

NEPAL > Chinese Hongshi Holding Group invests $ 251 million to open a cement factory in Nepal

hongshi logo photoshop Honshi Holding Group invests $ 251 million to form a joint venture with Nepali cement company Shivam Cement to establish a cement factory to produce 6,000 tons per day and will ultimately upgrade it to 12,000 tons per day. Jointly known as the Hongshi Shivam cement, the total investment will be $359 million and is expected to start operation within More …

UK > Germany based Craemer is set to open a new factory in UK

Craemer logo German based Craemer, a manufacturer of wheelie bins and pallets, recently bought 5.3 hectare at Hortonwood, Telford, UK to establish a new factory set to provide 70 new jobs. Construction is expected to begin mid-November 2017 and set to be completed by next November (2018). According to Steve Poppitt, Managing Director of Craemer UK, the Telford site will help to More …

USA > Danish textile company Fibertex Personal Care to invest $60 million in Asheboro, North Carolina

Fibertex logo Fibertex Personal Care is set to invest $60 million in a manufacturing facility in  Asheboro, NC, United States adding 145 new jobs including both administrative and technical jobs. Projected average salary is supposed to exceed $40,000 which is 17 percent higher than Randolph County’s salary of $33,974. Headquartered in Denmark, Fibertex makes personal care items such as diapers, feminine hygiene More …

USA > Japan based home appliances manufacturer Rinnai invests $69 million on a manufacturing facility in Georgia

Rinnai Japan’s Rinnai is set to invest $69 million to complete its first manufacturing facility in Griffin, Georgia in the United States. This investment will result in 150 jobs and 300 jobs during the next 10 years. Rinnai’s top selling U.S. product is the tankless water heaters which will be manufactured in this plant. Based in Nagoya, Japan, Rinnai Corporation has More …

USA > Spain’s Fluvitex Invests $12 million on a production facility in the Columbus OH region

fluvitex logo Fluvitex, a global leader in textile development is opening its first US based production facility in the Columbus region. Fluvitex will invest through its American subsidiary, Fluvitex USA Inc., with an initial investment of $8 million in machinery and equipment and $4 million in civil works, inventories and IT infrastructure and will create 80 new jobs. Located in Groveport on More …