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Companies : Page 19

Mondi permanently closes Bulgarian paper mill after fire

October 25, 2024
Mondi PLC on Friday announced it will permanently close the Stambolijski paper mill in Bulgaria after a fire had caused extensive damage at the end of September.

TMC Transformers to bring 110 jobs to Burke County

October 25, 2024
Governor Brian P. Kemp announced that TMC Transformers USA Inc. will expand its footprint in Georgia by investing more than $15.3 million over the next five years in a new manufacturing facility in Waynesboro, creating at least 110 new jobs in Burke County.

Christopher Chandler wins defamation case and is awarded $8,000,001 damages by jury

October 25, 2024
A federal jury delivered a verdict in favor of Christopher Chandler, a New Zealand businessman and founder of investment company Legatum which also provides funding for UK media channel GB News, after finding that Donald Berlin and his company Investigative Consultants Inc. published false statements about him in a defamatory dossier.

CCS unveils world’s first five-in-one, foldable container

October 25, 2024
Compact Container Systems (CCS) has launched the SeaFold HC 40’ container, the world’s first five-in-one, foldable shipping container to improve operating inefficiencies, reduce unnecessary container movements, and reduce carbon emissions throughout the transportation and logistics supply chain.\r\n

Bombardier begins manufacturing of world’s fastest business jet

October 25, 2024
Bombardier announced that manufacturing of major structural components for the first production jet is underway across Bombardier facilities in Saint-Laurent (Québec), Red Oak (Texas) and Querétaro (Mexico).

Sofidel expansion expected to create 160 new jobs in Duluth, Minnesota

October 18, 2024
Governor Tim Walz announced that the manufacturer Sofidel will make a $200 million expansion in Duluth, supported by $5 million in business expansion funding from the State of Minnesota. \r\n

ArcelorMittal to acquire Nippon Steel’s stake in AM/NS Calvert following U.S. steel deal

October 18, 2024
ArcelorMittal has announced the signing of a definitive Equity Purchase Agreement with Nippon Steel Corporation (NSC), under which ArcelorMittal will acquire NSC’s 50% equity stake in the AM/NS Calvert Joint Venture.

Converge selects Infinera’s 1.2T ICE7 for Bifrost Cable System

October 18, 2024
Converge ICT Solutions Inc. has selected Infinera as its submarine line terminal equipment (SLTE) vendor for the fiber pairs over which Converge has been granted an Indefeasible Right of Use (IRU) on the Bifrost Cable System, using Infinera’s industry-leading GX Series Compact Modular Platform and its next-generation high-performance 1.2T ICE7 optical engine.

Kingspan Group to open operations in Allegany County, Maryland

October 11, 2024
Governor Wes Moore announced that Kingspan Roofing + Waterproofing is establishing a new manufacturing facility in Allegany County.

Afton Scientific to expand biopharmaceutical facility in Albemarle County, create hundreds of jobs

October 11, 2024
Virginia Governor Glenn Youngkin announced that Afton Scientific will invest over $200 million to expand its biopharmaceutical manufacturing facility in Albemarle County.

North Carolina: Weatherby Healthcare expands to Wake County with 155 new jobs

October 11, 2024
Governor Roy Cooper announced Weatherby Healthcare, Inc. will add 155 jobs to Wake County.

Ryanair: Irish ministers should resign over idiotic traffic restiction

October 11, 2024
Ryanair, Ireland’s largest airline, on 7 October condemned the inaction of Transport Minister Eamon Ryan and Tourism Minister Catherine Martin who continue to stand idly by while \"the IAA unlawfully attempts to reduce traffic at Dublin Airport by over 1m passengers in Summer 2025\".
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