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GM to invest US$877 million to overhaul Flint, Michigan, truck plant

2015-08-04 17:53:46| Automakers - Topix.net

DETROIT: General Motors Co said on Tuesday it will spend US$877 million to overhaul its pickup truck factory in Flint, Michigan, capping a series of investments to keep production of profitable large pickups and sport utility vehicles rolling through a significant model change expected in 2018. The Flint investment is part of a plan to expand three U.S. truck plants to install new assembly lines, body welding shops and paint operations for future generations of Silverado pickups and SUVs such as the Chevrolet Tahoe and Cadillac Escalade, while still running the operations that build current models.

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Canadian Government to invest in Ottawa-Montreal rail upgrade

2015-08-04 01:00:00| Railway Technology

The Canadian Government is set to invest C$102.5m ($77.6m) over the next two years to improve the safety and efficiency of passenger operations on the Ottawa-Montreal rail corridor.

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Toyota to invest $421 million in Cambridge, Ont. plant

2015-08-03 18:38:24| Canadian Plastics Headlines

Toyota Motor Manufacturing Canada will invest $421 million to launch the next generation Lexus RX 350 and 450h vehicles at its assembly plant in Cambridge, Ont. The federal and Ontario provincial government will partner to provide a total of $100… The post Toyota to invest $421 million in Cambridge, Ont. plant appeared first on Canadian Plastics.

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Uber wants to invest $1bn in India

2015-07-31 08:50:58| BBC News | Business | UK Edition

The taxi booking service Uber says it will invest $1bn to expand its business to more cities in India.

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Mondelez to axe 600 jobs in Chicago and invest $130m in Mexico

2015-07-31 01:00:00| Food Processing Technology

US-based confectionery company Mondelez International will cut 600 jobs at its Chicago plant and invest over $130m in new production lines at its plant in Mexico.

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