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 …

TURKEY > Germany’s Bosch Invests TL 650 million ($184.2 million) in Turkey

Bosch German giant Bosch has invested TL 650 million ($184.2 million) in Turkey and the investment will primarily go to Bursa. Bursa has been a stronghold for Turkey for Bosch and Turkey itself has received the fourth largest investment in Bosch worldwide investment scale. Turkey itself is an important country for all the multinationals as it is the second largest country More …

USA > Italian Adhesive Giant – Ritrama – Invests Additional $15 million (totaling $100 million) in South Carolina

Ritrama Ritrama, Italian adhesive manufacturer, expands it Moore, South Carolina plant with additional $15 million. Also serving as its North American headquarter, this plant in Spartanburg County in South Carolina will be expanded with additional equipment as well as serve as a logistic platform to service North America and to export to Central and South American markets. According to upstate business More …

VIETNAM > Thailand’s Siam Cement Setup JV With PetroVietnam to build a PetroChemical Complex

scg_logo Thailand based construction material conglomerate, Siam Cement Group (SCG), together with Vietnam Oil and Gas Group (PetroVietnam) will be investing 188 billion baht (US$ 5.6 billion) to build Vietnam’s first petrochemical complex. The plant will be located 100 kilometres (60 miles) from Ho Chi Minh City. Once ready for operation, the Long Son Petrochemicals project will develop a one-million-tonne ethylene More …

SINGAPORE > Japan’s Yamazaki Mazak Open New Center in Singapore

Full-Mazak-Logo Japan based machine tool manufacturer – Yamazaki Mazak – is expanding its production facilities in Singapore, including launch of a new Additive Manufacturing Solution Centre. It is also rolling out its Mazak iSmart Factory, a smart factory technology system that is expected to increase the company’s manufacturing operations. Yamazaki has been active in Singapore for 25 years. With the launch of More …