Companies : Page 32

Norfolk Southern to purchase Chicago transload and warehouse facility

April 3, 2024 Norfolk Southern announced Tuesday the purchase of the Great Lakes Reload (GLR) property, a direct rail and truck served transload and warehouse facility located in Chicago.

SLB to acquire ChampionX in $7.7 billion deal

April 3, 2024 SLB and ChampionX announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction.

Gibson SJ-200, J-45, and Hummingbird Standards now available in rosewood

April 3, 2024 Gibson’s J-45 Standard, Hummingbird Standard, and SJ-200 Standard set the benchmark by which all acoustic guitars are measured.

Diamfab in France raised €8.7m for development of synthetic diamond substrates

April 2, 2024 This first round of funding will enable Diamfab to set up a pilot line with standard wafer sizes to pre-industrialize its technology, accelerate its development and meet the growing demand for diamond semiconductors.

Blue Cross Blue Shield must face Ford antitrust claims for inflating insurance costs

April 2, 2024 Blue Cross Blue Shield Association and its Michigan affiliate must face a lawsuit from Ford Motor accusing them of artificially inflating the automaker’s costs for health insurance, a U.S. judge has ruled.

Tata Daewoo to build truck manufacturing plant in Saudi Arabia

April 2, 2024 Tata Daewoo has announced plans to build its production unit in the kingdom for the manufacture of trucks.

$75 million loan agreement to boost Indorama’s fertilizer production and export

April 2, 2024 The African Development Bank has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited.

Nucor buys Southwest Data Products for $115 million

April 2, 2024 Nucor announced that it has acquired Southwest Data Products (SWDP), a manufacturer and installer of data center infrastructure for $115 million.

Ballard announces $54 million of additional funding for fuel cell gigafactory in Texas

April 2, 2024 Ballard Power Systems announced it has been awarded $54 million of investment tax credits from the U.S. Internal Revenue Service as part of the Qualifying Advanced Energy Project Tax Credit (48C), funded by the Inflation Reduction Act (IRA).

RHI Magnesita announces intention to acquire Resco Group

April 2, 2024 RHI Magnesita announces its intention to acquire Resco Group, a U.S. based producer of alumina monolithics and wide range of basic and non-basic refractories, for an enterprise value of up to $430 million.

Hyosung TNC invests $1 billion in future "bio" business

April 1, 2024 On March 30th, Hyosung TNC received investment approval for the \"Hyosung BDO Project\" from the Ba Ria-Vung Tau Provincial Government at the \"Ba Ria-Vung Tau Province Vision Declaration and Investment Approval Ceremony\" held in Phu My 2 Industrial Park in southern Vietnam.

China-developed AS700 civil manned airship makes first ferry flight

April 1, 2024 China\'s independently-developed AS700 civil manned airship has made a successful maiden ferry flight in central China\'s Hubei Province, and the first air vehicle is scheduled to be delivered by the end of this year.