Search Result for : Manufacturing Facility

Trump threatens Toyota with 'big border tax'

The Dollar Business Bureau  Trump's tweet has yet again sent shock waves through the auto industry with its threat to penalise Toyota with 'big border tax' if it opens a new manufacturing facility in Mexico. "Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build in U.S. or pay big border tax," Trump tweeted on 5 Jan 2017. Trying to deliver on his promise to bring back manufacturing jobs to America, Trump has often used his twitter account to target multiple automobile and prevent them from moving production facilities out of the US. His attempts at meddling with the economy (even before assuming the title of POTUS) have also been rewarded earlier in Ford's ...

NRI firm to invest $10 bn to set up LCD manufacturing unit in India

Twinstar Display Technologies will sign a memorandum of understanding (MoU) with Maharashtra government to set up the facility Source: PTI   In July last year, the Anil Agarwal-led firm had announced an investment of Rs.40,000 crore to set up a LCD panel plant in the country, generating about 50,000 jobs.   NRI billionaire Anil Agarwal on Saturday announced that it will set up India’s first LCD manufacturing facility, which will see an investment of $10 billion (about 68,000 crore) in five phases. Agarwal-led firm Twinstar Display Technologies will sign a memorandum of understanding (MoU) with Maharashtra government to set up the facility. The pact will be inked as part of the Make in India Week, which commences in Mumbai on Saturday. ...

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