The Renault-Nissan Alliance has confirmed the launch of a new manufacturing project in South Africa. Nissan’s manufacturing plant at Rosslyn was identified as having the potential to maximize synergies between Renault and Nissan.
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The following appears in a May 2, 2008, summary of the current employment situation on the Bureau of Labor Statistics website:
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A key survey of manufacturing has found that activity has remained subdued for a third month in a row.
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Energy Secretary Samuel P. Bodman claimed that the Bush administration is likely to drop its support for a $1.5 billion coal-fired power plant designed to store greenhouse gases underground, citing mounting cost estimates and other possible technologies.
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Nokia today announced plans to discontinue the production of mobile devices in Germany and close its Bochum site by mid-2008. The company plans to move manufacturing to its other, more cost-competitive sites in Europe.
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Plantronics, Inc., (NYSE: PLT)announced that its Board of Directors and executive management approved a plan to close and/or consolidate a number of facilities that perform functions for its Audio Entertainment Group (AEG) as part of a strategic initiative to lower costs. AEG designs, makes and sells computer and home entertainment sound systems, and a line of headphones and microphones for personal digital media under the Altec Lansing and inMotion brands.
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UK, 26 October 2007: Fellowes, a global leader in the manufacturing, distribution and marketing of office products has won the British Office Supplies & Services (BOSS) Federation award for Manufacturing Excellence at the UK industry’s leading annual awards event.
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"Made in India" could be the next big economic story with the country challenging China's position as the leading global manufacturing hub within five years.
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On August 28, 2007, Sharp Corporation held an opening ceremony for Sharp Manufacturing Poland Sp.z o.o. (SMPL), a new LCD module and LCD TV production base that serves the European market. Attendees included officials from the Polish national and local governments, the Japanese ambassador to Poland, Sharp's business partners, and Sharp President & COO Mikio Katayama.
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May became the month of British manufacturing activity sudden growth, with factory gate inflation to take a record position. The different surveys predict that interest rates will rise again very soon.
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Assocham has said leather exports from India have the potential to touch USD 8 billion by 2012 from the current USD 3 billion on the back of capacity expansion and increased production by manufacturers.
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