White, Ga. - 06 December 2013 - Toyo Tire North America Manufacturing, Inc. (TNA) located in White, Georgia; broke ground today for a 700,000-square foot addition to its current 2,000,000-square foot tire manufacturing plant. The warehouse portion of the facility will also be expanded by 323,000-square feet in order to accommodate the increasing demand for Toyo Tires® and Nitto® brand premium light truck and passenger car tires. Parent company, TOYO TIRE & RUBBER CO., LTD. of Osaka, Japan, is investing $371-million in the TNA expansion over the next four years. This investment will result in the creation of 650 new jobs in the State of Georgia.
07 December 2013
06 December 2013
Rio de Janeiro, Brazil – 05 December 2013 - Jaguar Land Rover plans to open a manufacturing facility in Brazil following an agreement between the company and state authorities to build a plant in the state of Rio de Janeiro. Based in the city of Itatiaia, the new programme represents a total investment of R$750m (£240m) by 2020. Construction of the premium manufacturing facility will commence in mid-2014. It is anticipated that the first vehicles will come off the assembly line in 2016, subject to the final approval of the plans from the Brazilian Federal Government under its Inovar-auto Programme. The new plant will have a capacity to build 24,000 vehicles annually for the Brazilian market.
Labels: FDI South America
05 December 2013
Hamburg - 05 December 2013 - YuMe, Inc., a leading provider of multiscreen digital video and brand advertising solutions, has opened an office in Hamburg, Germany. The office is led by Richard Kidd, who is responsible for driving advertising revenue across the German market. Kidd is joined by Marc-Oliver Michel Business Development Director and Ekkehardt Schlottbohm, Sales Director.
Detroit - 05 December 2013 - SmithGroupJJR, a U.S. architecture and engineering firm, has opened an office in Shanghai, China. SmithGroupJJR will focus on several of China’s biggest growth markets: research and development, healthcare, continuing care/retirement communities, and higher education.
Labels: FDI Asia Pacific
New York & Oslo - 04 December 2013 - TransPerfect has opened its first office in Norway, located in the capital city of Oslo. With annual revenues of more than $350 million, TransPerfect is the world's largest privately held provider of language services and technology solutions.