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Tag Archives: Factory

Mid-Atlantic factory activity slips into contraction for the first time since May 2016

U.S. Mid-Atlantic factory activity fell into contraction territory in February for the first time since May 2016, amid trade tension between China and the United States, Philadelphia Federal Reserve data released on Thursday showed. The regional central bank said its business activity index deteriorated to -4.1 from 17.0 in January. The negative reading was well below economists’ forecast of 14.0, ...

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JTC food factory goes on sale with S$18m guide price

Tue, Feb 12, 2019 – 3:39 PM A JTC detached food factory next to the future Enterprise MRT Station on the Jurong Region Line has been put on sale by private treaty at a guide price of S$ 18 million. When contacted, exclusive marketing agent Cushman & Wakefield said the reason for the sale was because the owner of the ...

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Egypt mulls setting up pharmaceutical factory in Chad: Public Business Sector Minister

Public Business Sector Minister Hisham Tawfiq said on Tuesday that chairman of the Holding Company for Pharmaceuticals, Chemicals and Medical Supplies Ahmed Hegazi will visit Chad next week to discuss the possibility of establishing a pharmaceutical factory there. According to a statement issued Thursday, the minister said that Hegazi, during his visit to N’Djamena, will discuss registering Egypt’s pharmaceutical products ...

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NYT: Staffing at Foxconn iPhone factory down 30%

From Ailin Tang’s “Apple Takes a Hit in China, and Workers There Feel the Pain” in Saturday’s New York Times. In the Chinese city of Zhengzhou, employment at a vast factory that makes iPhones has fallen to about 70,000 from the already low pre-Lunar New Year level of more than 100,000 a … 24/7 Wall St.

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Roundup: Business First’s Q4 / Women in business / US factory growth

Earnings: Business First Bancshares, Inc. parent company of Baton Rouge-based Business First Bank, announced its unaudited 2018 full-year net income of $ 14.1 million, or $ 1.22 per diluted share, increases of $ 9.2 million and $ 0.61, respectively, from the prior year. Net income for the quarter ended Dec. 31 was $ 3.4 million. “2018 was a transformative year ...

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