Dahran, Saudi Arabia; Saudi Aramco has signed a Memorandum of Understanding (MoU) with GE (NYSE: GE) and Cividale SpA of Italy to build the Middle East and North Africa’s first-of-its-kind high-end forging & casting manufacturing facility that will serve the region’s maritime and energy industries. Marking a joint investment of over US$400 million (SAR1.5 billion), […]
ATLANTA – The Coca-Cola Company today announced that it has signed letters of intent to refranchise bottling operations that serve a large area of the United States. The transactions include territories in Texas and parts of Oklahoma, New Mexico and Arkansas, which is an area currently known as the Southwest operating unit of Coca-Cola Refreshments […]
NEW YORK– Lightweight metals leader Alcoa (NYSE:AA) today announced it has reached an agreement with the Bonneville Power Administration (BPA) that will help improve the competitiveness of its Intalco smelter. As a result, the smelter will not curtail at the end of the second quarter as previously announced by the Company. The amendment to the […]
At 3M we use science to solve problems. It’s in our DNA. We view global challenges as opportunities to innovate and we are proud to be part of a global solution. At 3M, we framed our 2025 sustainability goals around shared global challenges. Our ambition, working collaboratively, is to realize a world where every life […]
NEW YORK and COLUMBUS, OH, – Lightweight, high-performance metals leader Alcoa (NYSE:AA) today launched a family of innovative foundry alloys designed to meet the growing need for both part performance and lightweighting in the automotive industry and beyond. The new alloys – SupraCast™, EZCast™, VersaCast™ and EverCast™ – have undergone extensive trials with major automakers […]
NEW YORK– Lightweight metals leader Alcoa (NYSE:AA) today announced it will delay the curtailment of its Intalco Works smelter in Ferndale, Washington until the end of the second quarter of 2016. The plant was initially scheduled to curtail by the end of the first quarter. The Company announced a full curtailment of the Intalco smelter […]
The Boards of AB InBev (Euronext: ABI) (NYSE: BUD) and SABMiller (LSE: SAB) (JSE: SAB) announce that they have reached agreement in principle on the key terms of a possible recommended offer to be made by AB InBev for the entire issued and to be issued share capital of SABMiller (the “Possible Offer”). Terms of […]
NEW YORK- Lightweight metals leader Alcoa (NYSE:AA) is today announcing that its Board of Directors has unanimously approved a plan to separate into two independent, publicly-traded companies, culminating Alcoa’s successful multi-year transformation. The separation will launch two industry-leading, Fortune 500 companies. The globally competitive Upstream Company will comprise five strong business units that today make […]
FRANKFURT, Germany, – By 2020, it will be difficult to buy a new vehicle that runs while idling. Start-Stop technology continues to gain in popularity as tightening government fuel economy and carbon emission reduction targets put additional challenges on car makers from around the world. In anticipation of increasing demand, Johnson Controls, the world’s largest […]
As someone who works to support manufacturing in the United States, I’m constantly amazed by the remarkable number of opportunities manufacturing offers to job-seekers, communities and the nation. I also find it remarkable how manufacturing seems to be such a well-kept secret; the general public has some pretty big misconceptions about what it means to […]
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