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Globaline
AMT compiles information and data on your customers and competitors. Covering North America, Central & South America, Asia and Europe, Globaline keeps you informed of the latest developments and future trends that impact capital spending plans in the automotive, aerospace, household appliance, medical equipment, construction/agriculture, and metalworking industries. Available only to AMT members.
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Archived News
- August 2008
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Friday's News - Russian Market, Jiangling Motors Group Company in Poland
August 29, 2008 -- Big Boys Eye Up Russian Market; Chinese Cars to Roll Out from Polish Factory Aug 29, 2008
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Thursday's News - Deere & Company, Durable Goods, Russia
August 28, 2008 -- Deere to Invest in Manufacturing Capacity, Parts Operations in South America; Durable goods orders post surprise increase; Japanese carmakers look to local production to rev up sales Aug 28, 2008
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Wednesday's News - Geely, Vestas Wind Systems, Volkswagen
August 27, 2008 -- Chinese Automaker Geely Announces Plans for Mexican Plant; Pueblo picked for wind turbine tower factory; VW Considering Capacity Expansion at Russian Production Facility Aug 27, 2008
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Tuesday's News - Portugal, Samsung Heavy Industries, Westinghouse Electric
August 26, 2008 -- Portuguese Vehicle Production Slumps by 8% in July; SHI clinches ninth drillship order; Westinghouse, Shaw to Form Joint Venture Company to Manufacture Modules for AP1000(TM) Nuclear Power Plants Aug 26, 2008
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Monday's News - Doninvest, General Motors, Micro-Mechanics
August 25, 2008 -- DONINVEST TO BUILD AUTO PLANT IN NORTH OSSETIA; The Doninvest financial-industrial group may build its third auto assembly plant in Russia - this time, in North Ossetia. This project, estimated to cost $100 million, could make the group one of Russia's leading auto producers, with annual output at 400-450,000 vehicles. But analysts say it still isn't clear which models Doninvest would produce; they describe the North Ossetia project as motivated by social policy considerations.; GENERAL MOTORS TO MAKE INDONESIA PRODUCTION BASE IN ASEAN; Micro-Mechanics posts 6.7% profit hike Aug 25, 2008
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Friday's News - Europe, Fiat SpA, Volvo
August 22, 2008 -- European industrial orders slump; Fiat to set up engine plant in Chongqing; Volvo Finalizes Deal with Eicher Motors Aug 22, 2008
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Thursday's News - John Deere, Daimler-Benz
August 21, 2008 -- John Deere and Puradyn Team Up in Western Russia; Daimler Benz establishes Hungarian manufacturing unit Aug 21, 2008
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Wednesday's News - Nordam Group, Millennium Industries
August 20, 2008 -- Nordam building Mexico plant; MANUFACTURER TO BOOST PRODUCTION OF FUEL-EFFICIENT TECHNOLOGY Aug 21, 2008
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Daimler Benz establishes Hungarian manufacturing unit
German car company Daimler-Benz, which announced in June that it will build a EUR 800m manufacturing plant in Hungary, has established a Hungarian unit, Mercedes-Benz Manufacturing Hungary Kft., the Hungarian weekly HVG reported on Thursday. Aug 21, 2008
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John Deere and Puradyn Team Up in Western Russia
PURADYN FILTER TECHNOLOGIES INCORPORATED ("PFTI-L") - John Deere and Puradyn Team Up in Western Russia Puradyn Filter Technologies Incorporated announced that the John Deere Forestry Division (Deere) is installing the puraDYN(r) oil filtration system at its factory in Joensuu, Finland on equipment to be utilized in Russia using high-sulfur fuel. The initial order of 45 systems and filters was shipped in June for use on harvesters. Subsequent orders have been received and others are expected over the next 5 months. The puraDYN(r) system was selected by Deere to protect the equipment's engine from contaminants found in the byproducts from high-sulfur fuels commonly used in harsh environments such as timber harvesting. Aug 21, 2008
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MANUFACTURER TO BOOST PRODUCTION OF FUEL-EFFICIENT TECHNOLOGY
The Indiana Economic Development Corporationissued the following news release: Governor Mitch Daniels joined executives from automotive supplier Millennium Industries today to announce the company's plans to expand its headquarters and manufacturing operations here, creating more than 170 new jobs by 2011. The company, which manufactures fuel rails and power steering components for original equipment manufacturers in the automotive industry, will invest more than $9.2 million to upgrade equipment and add 30,000 square feet of production and warehouse space at its North Main Street facility. Aug 21, 2008
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Nordam building Mexico plant
Chihuahua's work force is familiar with making composite and plastic aircraft components. Realigning its aircraft component manufacturing to compensate for the weak U.S. dollar, Tulsa-based Nordam Group is building a 96,000-square-foot plant in Chihuahua, Mexico, company executives said Tuesday. Construction of the Chihuahua facility is expected to be completed in March, with its official opening set for April 2, officials said. Nordam Mexico will lease the Chihuahua plant for a 10-year term, officials said. Aug 21, 2008
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Tuesday's News - Navilyst Medical, Toyota, Volkswagen
August 19, 2008 -- NAVILYST MEDICAL; Navilyst Medical Announces Global Debut Today; Toyota Mulling Engine Facility in India-Report; VOLKSWAGEN TO LAUNCH BEETLE IN INDIA NEXT YEAR Aug 19, 2008
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NAVILYST MEDICAL; Navilyst Medical Announces Global Debut Today
Navilyst Medical, formerly Boston Scientific's Fluid Management and Vascular Access businesses, announced its new company name following the February 2008 acquisition by Avista Capital Partners, a private equity firm focused on growth-oriented healthcare, energy and media companies (see also Navilyst Medical). Aug 19, 2008
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Toyota Mulling Engine Facility in India-Report
Toyota is said to be considering setting up an engine manufacturing facility in India, reports theFinancial Express. According to an unnamed executive at the company's Indian Toyota Kirloskar Motors division, the plant could be set up near to its vehicle manufacturing unit in Bangalore to cut down on production costs. However, this will only happen once a second plant under construction is expanded to keep up with demand. Aug 19, 2008
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VOLKSWAGEN TO LAUNCH BEETLE IN INDIA NEXT YEAR
Come 2009, Indians will have the chance to own the original 'people's car' -- the Beetle -- as German carmaker Volkswagen has firmed up plans for its introduction in the country. Aug 19, 2008
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Monday's News - Amtran Technology, Meadville Holdings, PSA Peugeot-Citroen
August 18, 2008 -- Amtran Tech, LG to set up LCD factory in Suzhou; PCB maker sets its sights on high end; Rising costs and appreciating yuan go against earnings, but value-added products production at new plants will give the company an edge Meadville Holdings; PSA Peugeot-Citroen May Build Ukrainian Plant Aug 18, 2008
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Amtran Tech, LG to set up LCD factory in Suzhou
Amtran Technology, one of largest TFT LCD display producers in Taiwan, is in talks with South Korea's LG Display Company on setting up a joint venture in China's Suzhou, and both sides hope to start production in the third quarter of 2008, according to a news report from Taiwan United Daily News. Aug 18, 2008
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PCB maker sets its sights on high end; Rising costs and appreciating yuan go against earnings, but value-added products production at new plants will give the company an edge Meadville Holdings
Total sales grew by 36 per cent from the telecommunications sector this year for printed circuit board (PCB) products manufacturer Meadville. Tom Tang Chung-yen, executive chairman, group managing director at Meadville Holdings, said that the United States subprime mortgage crisis, high prices and inflation would be major issues for the industry. "In this business environment, we are still able to deliver growing first-half results. The results have been impacted by two new plants' initial start-up losses of $62HKmillion. Otherwise, our growth should be even higher," Mr Tang said. Aug 18, 2008
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PSA Peugeot-Citroen May Build Ukrainian Plant
A report appearing in a Russian newspaper has suggested that PSA Peugeot-Citroen may build a new plant in Ukraine. According to business dailyKommersant, the automaker has around 700 million euro ($1US.03 billion) available to build two facilities, with Ukraine earmarked for one of them. Other areas in the frame are said to be Poland and Turkey. The report added that the French automaker would make a final decision by the end of the year. Aug 18, 2008
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Friday's News - Parker Hannifin, Ford
August 15, 2008 -- *Parker Hannifin Announces Executive Promotions; Ford hopes resting on new Fiesta Aug 15, 2008
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Thursday's News - BAE Systems, Dana, Goodrich
August 14, 2008 -- BAE Systems Receives $10 Million U.S. Government Contract for Armored Commercial Vehicles; Dana Appoints Jacqueline Dedo Vice President of Strategy & Business Development; Goodrich and Rolls-Royce Propose Engine Controls Joint Venture Aug 14, 2008
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Wednesday's News - Boeing, GM, Johnson Controls
August 13, 2008 -- Boeing Opens New Pulse Line For Satellite Assembly; GM to invest 445 million dollars in Thailand plants; Johnson Controls To Improve Energy Usage At Oak Ridge National Labs Aug 13, 2008
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Tuesday's News - Current Technology, Ford, Biomass
August 12, 2008-- Current Technology's Subsidiary Signs Memorandum of Understanding With Leading Multi-National Group; Days May Be Numbered for Two Slow-Selling Ford Models; Steam plant to be replaced by biomass Aug 12, 2008
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Monday's News - ITW, Ford, Plastics
August 11, 2008 -- ITW Board of Directors Approve Plan to Divest Decorative Surfaces and Click Commerce Businesses; Ford Still Deciding on Future of U.K. LCV Plant-Report; AEP Industries Inc. Reaches Definitive Agreement to Acquire Plastic Films Segment of Atlantis Plastics; Transaction to Enhance Business Portfolio and Build on AEP's Strong Position in the Plastics Industry Aug 11, 2008
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Friday's News - Aspock, MAG
August 8, 2008 -- Hungary: Austrian Aspock to set up new factory; MAG Maintenance Technologies Selected by Lockheed Martin for Strategic Global Service Alliance; MAG Maintenance Technologies to Provide Lockheed Martin with a Single Source for Comprehensive Maintenance Services, Enabling Efficiencies and Economies Aug 08, 2008
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Thursday's News - Federal-Mogul
August 7, 2008 -- Federal-Mogul to Build New Manufacturing Facility in India Aug 07, 2008
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Wednesday's News - Elpida and Suzhou, Russia Jet Engines
August 6, 2008 -- Elpida and Suzhou Venture Group to Establish Manufacturing Joint Venture in China; RUSSIAN LIQUID-PROPELLANT BIG-THRUST JET ENGINES FOR SPACE ROCKETS Aug 06, 2008
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Tuesday's News - Aerospace, Atlas Copco, Hitachi
August 5, 2008 -- Aircraft manufacturers submit vendor lists; Atlas Copco Acquires Industrial Power Sales, Inc.; HITACHI CONST MACHINERY TO ADD AUSSIE ASSEMBLY PLANT Aug 05, 2008
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Friday's News - Hybrid, Ford, Shanghai Automotive
August 1, 2008 -- Demand Drains US Hybrid Market; Changan Ford sets up 3rd plant in Chongqing; CAR PRODUCTION RESUMES AT LONGBRIDGE PLANT Aug 01, 2008
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