The News Review:
- Company appoints new officers.
- Malaysian National News Agency :: BERNAMA
- Punj Lloyd’s UK subsidiary signs agreement with UAE company for…
- Announces $1.2 billion investment in assembly site
- RUNDUP Norddeutsche warns A-TEC over Cumerio merger interference
Company appoints new officers.
Free with registration – M2 Presswire – AccessMyLibrary.com – Jul 20, 2007
Wodar originally joined the Company as a corporate communication specialist having spent the past twenty years in marketing and business and strategic planning for numerous emerging Companies. Wodar is a graduate in Economics (B. A) from the University of Western ntario and will be responsible for the implementation of. CPYRIGHT 2007 M2 Communications Ltd.
Malaysian National News Agency :: BERNAMA
Bernama – Bernama – Jul 20, 2007
The groundbreaking ceremony for the expansion of Honda’s largest motorcycle R&D centre outside Japan at the Ladkrabang district here was officiated by Thailand’s Deputy Transport Minister Piyabutr Cholvijarn. The centre was first opened in July 2004 with an initial investment of 850 million baht and serves as Honda’s motorcycle development hub for the Asia and ceania region. The current facility has buildings covering 8900 square metres and is responsible for market research styling and design engineering model and mockup production and prototype testing for all models of Honda motorcycles sold throughout the region. Piyabutr said the expansion would accelerate the transfer of technology and make a tremendous contribution to Thailand’s goal of becoming the automotive manufacturing centre of Asia. The expansion of the motorcycle R&D centre was the latest boost to Thailand’s automotive industry which has been going through an unpredictable period due to the political uncertainty and lower domestic demand. Two days ago Asian Honda Motor announced that it planned to establish the Asean region’s biggest passenger-car production facility in Thailand by building a second manufacturing plant in the Ayutthaya province at a cost of 6… Piyabutr said the expansion would accelerate the transfer of technology and make a tremendous contribution to Thailand’s goal of becoming the automotive manufacturing centre of Asia. The expansion of the motorcycle R&D centre was the latest boost to Thailand’s automotive industry which has been going through an unpredictable period due to the political uncertainty and lower domestic demand. Two days ago Asian Honda Motor announced that it planned to establish the Asean region’s biggest passenger-car production facility in Thailand by building a second manufacturing plant in the Ayutthaya province at a cost of 6. It will be Asian Honda Motor’s single biggest investment in the kingdom and produce an additional 120000 units a year boosting Honda’s annual production in Thailand to 240000 vehicles. India’s Tata Steel group will invest 1. 3 billion baht in a pickup-truck assembly plant in Samut Prakan with a production capacity of 35000 trucks annually while Ford has confirmed plans to invest 10 billion baht to expand its parts production.
Punj Lloyd’s UK subsidiary signs agreement with UAE company for…
Forbes – Jul 20, 2007
In a statement to the National Stock Exchange it said the plant is a part of 2 bln dirham fluoride complex in Abu Dhabi. Swiss company BUSS ChemTech AG will provide the technology and critical equipment for the plant… In a statement to the National Stock Exchange it said the plant is a part of 2 bln dirham fluoride complex in Abu Dhabi. Swiss company BUSS ChemTech AG will provide the technology and critical equipment for the plant.
Announces $1.2 billion investment in assembly site
Toronto Star – Jul 20, 2007
He also said the Brampton plant will expand its capabilities by building right- and left-side steering models and adding a diesel version. Chrysler is seeking an undisclosed amount of government aid. It said the investment could reach $1. 4 billion for engineering development retooling and upgrades. Chrysler’s Brampton plant had fallen on hard times earlier this decade as the popularity of its LH series of cars including the Intrepid and Concorde waned. The plant lost a shift and 1000 jobs but bounced back when a new model the Chrysler 300 – a big blocky sedan with a bossy grille that features German engineering a powerful HEMI engine roomy interior and ultra-smooth ride – became a surprise sales hit in 2004. The investment and other moves which the Star reported earlier this week follows a 10-per-cent improvement in productivity at the plant in the last year plus a concession of some $5000 annually in premiums by workers in March.
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RUNDUP Norddeutsche warns A-TEC over Cumerio merger interference
Forbes – Jul 20, 2007
It has a total copper products capacity in excess of 500000 tonnes per year. Its core business is the smelting refining recycling and transforming of copper and copper alloys. A-TEC is a Vienna-based industrial group with operations in drive systems plant engineering machine tools and metallurgy. The merger between NA and Cumerio would create Europe’s leading copper maker and processing group. The two companies together produce about 1 mln tonnes of copper cathodes annually and employ about 4600 people. Marnette believes a combination is needed for Europe’s copper market which has a cathode deficit of 1. 8 mln tonnes and is reliant on imported resources.