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Tag: million
Department of Education gives $6.4 million to aid Newtown recovery efforts
2014-09-16 15:53:00| American School & University
The U.S. Department of Education is awarding an additional $3.1 million to the Newtown (Conn.) Public School District to help with ongoing recovery efforts over the next two school years as the district continues to recover from the tragic shootings at Sandy Hook Elementary School in December 2012. read more
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Docker nets $40 million in funding, hopes to hook bigger fish: Enterprises
2014-09-16 13:30:00| InfoWorld: Top News
Credit: iStockphoto Docker's been enjoying plenty of uptake in the enterprise, but now there's a new symbol of its success: dollar signs.
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Nucor to acquire Gallatin Steel in $770 million deal
2014-09-16 10:21:17| Steel - Topix.net
Charlotte-based steel manufacturer Nucor Corp. has agreed to purchase Gallatin Steel Co.
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ArcelorMittal Gerdau to sell US steel mill for 770 million
2014-09-16 10:21:16| Steel - Topix.net
World's biggest steel producer ArcelorMittal on Monday said it has inked a pact with Brazil's Gerdau to sell their 50% stakes in US-based Gallatin for $770 million, as part of its strategy to divest non-core assets. "ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Company to Nucor Corporation for a total cash consideration of $770 million, subject to customary closing adjustments," the steel giant said in a statement.
Mitsubishi Motors to invest $600 million in Indonesian car factory
2014-09-16 09:47:37| Automakers - Topix.net
Japan's Mitsubishi Motors Corp will invest $600 million to set up its first multi-purpose vehicle factory in Indonesia, aiming to capitalise on strong demand for the segment in the country as well as to export to other markets in Asia. Multi-purpose vehicles or MPVs accounted for more than half the 1.23 million cars sold in Indonesia in 2013.
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