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General Motors Will Spend $1.4B on SUV Plant Upgrades

2015-07-14 20:56:56| Automakers - Topix.net

General Motors plans to spend $1.4 billion to expand and improve its SUV factory in Arlington, Texas , to meet strong demand for its vehicles. Detroit-based General Motors will add a new paint shop, body shop and general assembly area upgrades to the 60-year-old assembly plant.

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ZTE to spend up to CNY 1 bln on share buyback

2015-07-13 14:48:00| Telecompaper Headlines

(Telecompaper) ZTE announced plans to spend up to CNY 1 billion buying back its shares, following calls from the Chinese securities regulator to support the local stock market. The company will pay a maximum price of CNY 17.96, its closing price the day prior to the temporary suspension of trading in ZTE shares 09 July. The price is down from a peak of almost CNY 35 in May. Based on the latest price, this will lead to the repurchase of at least 55 million shares, or 1.6 percent of the total number of shares outstanding. The buyback, funded from internal resources, will start once ZTE receives approval from the general meeting, and the authorisation will remain valid until the end of this year. ZTE said it expects its shares to start trading again 14 July. 

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UPS to spend more than $35M on distribution center expansion in NE San Antonio

2015-07-10 23:14:46| Trucking - Topix.net

National shipping retailer UPS plans to invest an additional $35.19 million to expand its Northeast San Antonio distribution center. Additional space for the industrial center, which sits on a 19.8-acre plot at 6400 Seven States Blvd., will bolster UPS' presence in San Antonio amid the city's industrial boom.

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UPS to spend more than $35M on distribution center expansion

2015-07-10 22:33:52| Air Courier - Topix.net

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals. National shipping retailer UPS plans to invest an additional $35.19 million to expand its Northeast San Antonio distribution center.

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Council asked to spend $5.5 million to preserve Mount Tabor reservoirs

2015-07-10 18:00:20| PortlandOnline

Jim Redden in the Portland Tribune, July 9, 2015

Tags: million asked council spend

 

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