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Ford Announces $2.5B Mexico Investment

2015-04-20 10:40:00| Waste Age

<a href="http://wardsauto.com/">Wards Auto</a> Ford confirms plans to invest $2.5 billion in new engine and transmission plants in the Mexican states of Chihuahua and Guanajuato, following an industry trend of ramping up production in the country. read more

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CN to upgrade Western Canada feeder rail lines with C$500m investment

2015-04-20 01:00:00| Railway Technology

Canadian National Railway (CN) is set to invest approximatelt C$500m ($408.11m) in infrastructure improvements to its Western Canada feeder rail lines in Alberta, Manitoba and Saskatchewan.

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Maintaining investment in innovation key to plugging offshore skills gap

2015-04-20 01:00:00| Offshore Technology

BP and Shell have announced jobs cuts due to price pressures despite the oil and gas industry operating in a skills gap. Should companies instead be taking the long-term view and be investing in new technologies to attract graduates and ensure adequa

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Oil slide slashes first-quarter profit, not investment plans at Saudi's SABIC

2015-04-19 15:07:54| Chemicals - Topix.net

Saudi Basic Industries Corp faces heavy pressure on its profits due to cheap oil but will keep investing globally to boost capacity in key areas, its acting chief executive said on Sunday after the company reported a 39 plunge in first-quarter profit. SABIC 2010.SE, one of the world's largest petrochemicals groups and Saudi Arabia's biggest listed firm, said net profit sank to 3.93 billion riyals in the three months to March 31 from 6.44 billion riyals a year earlier.

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Tenaris inaugurates investment worth 14 million dollars in Zalau

2015-04-18 21:59:01| Steel - Topix.net

Tenaris, a leading supplier of tubes, reconfirmed its interest for Romania through a new investment of 14 million dollars into a training centre for its 1,700 employees, inaugurated on Saturday in Zalau. Tenaris CEO Paolo Rocca, Prime Minister Victor Ponta, Transport Minister Ioan Rus, and local and county authorities attended the event.

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