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Thursday's News - Deere & Company, Durable Goods, Russia
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Deere to Invest in Manufacturing Capacity, Parts Operations in South America
Canada NewsWire, August 28, 2008 Thursday 8:32 AM Eastern Time
Deere & Company announced today that it will invest approximately $80 million in its agricultural manufacturing and parts distribution operations in Brazil to increase manufacturing capacity for both tractors and combines as well as to improve service tocustomers
Durable goods orders post surprise increase
Chicago Tribune, August 28, 2008 Thursday
Orders for durable goods, considered an indicator of future manufacturing activity, topped analyst predictions in July and recorded their third consecutive monthly increase, the Commerce Department said Wednesday. "It was just one of those nice, unexpected summer surprises," said Joe Brusuelas, chief economist at Merk Mutual Funds. "It's been a bad, bad year for the economy and any good news is
Japanese carmakers look to local production to rev up sales
SKRIN Market & Corporate News, August 28, 2008 Thursday 11:32 AM GMT
Japanese carmakers revealed aggressive expansion plans for Russia on the opening day of the Moscow Motor Show. But companies like Mitsubishi and Honda admit western rivals have been quicker to spot openings in one of the world's fastest growing carmarkets
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