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May 20, 2012
7-Eleven plans to break store-growth records again this year

After shattering both its international and domestic store growth records last year, 7-Eleven, Inc. is on target to have an even bigger year in 2012. 

After shattering both its international and domestic store growth records last year, 7-Eleven, Inc. is on target to have an even bigger year in 2012.

The world's largest retailer by units added more than 4,600 stores worldwide in 2011 and plans to continue the company's accelerated growth.

Some 600 additional stores were built, acquired or transitioned from another business to the 7-Eleven brand in the United States and Canada during 2011.

May 16, 2012
DHL Express Australia

DHL Express Australia is investing heavily in its facilities and infrastructure as it moves to grow further in one of its longest-standing markets.

DHL Express Australia is investing heavily in its facilities and infrastructure as it moves to grow further in one of its longest-standing markets.

DHL has been in operation since 1969, when in San Francisco, Dalsey, Hillblom and Lynn launched the world’s first intercontinental express delivery service. Today, DHL’s air and road network spans over 220 countries across the globe, and has become a household name and market leader in express delivery.

May 15, 2012
Cove Energy announces major natural gas discovery

A major natural gas discovery has been made offshore Mozambique in the deepwater Rovuma Basin.

A major natural gas discovery has been made offshore Mozambique in the deepwater Rovuma Basin.

The discovery was made by London, UK-based Cove Energy together with its partner, Houston, US-based Aanadarko Petroleum, nearly 20 miles north-west of the Prosperidade complex.

The Golfinho discovery well encountered more than 193 net feet of natural gas pay in two high-quality Oligocene fan systems. The well was drilled to a total depth of approximately 14,885 feet in water depths of approximately 3,370 feet.

May 9, 2012
Nissan breaks ground on new engine manufacturing facility in Tennessee

The partnership between the Renault-Nissan Alliance and Daimler reached a milestone today when state officials joined Nissan leaders to break ground on a new manufacturing facility in Decherd, Tennessee.

The partnership between the Renault-Nissan Alliance and Daimler reached a milestone today when state officials joined Nissan leaders to break ground on a new manufacturing facility in Decherd, Tennessee.

The new facility – located at the existing Nissan powertrain assembly complex – will produce Mercedes-Benz 4-cylinder gasoline engines for Infiniti and Mercedes-Benz models.

May 3, 2012
Pratt Industries opens new corrugated box plant in Pennsylvania

Pennsylvania Governor Tom Corbett today cut the ribbon on Pratt Industries' new corrugated box plant in Lehigh County.

Pennsylvania Governor Tom Corbett today cut the ribbon on Pratt Industries' new corrugated box plant, a facility that will bring at least 125 new jobs to Lehigh County.

The company established the new plant in Macungie to service its northeast United States customers. It will receive rolls of 100-percent recycled paper to convert into boxes and customized point-of-sale materials.

May 2, 2012
America, get the lead out

Negative attitudes don't help capitalism, argues Richard Telofski, and in the long-run they may help China to lap America on the economic racetrack of life.

Is there a malaise in America?

April 27, 2012
Methanex announces plant relocation project

Vancouver-based Methanex, the world’s largest supplier of methanol to major international markets, is to relocate one of its plants from Chile to Louisiana in the United States.

Vancouver-based Methanex, the world’s largest supplier of methanol to major international markets, is to relocate one of its plants from Chile to Louisiana in the United States.

Methanex has four plants at its Cabo Negro complex in southern Chile, but they are operating significantly below capacity, mainly due to curtailments of natural gas supply from Argentina.

April 20, 2012
GE reports 2012 first quarter earnings

GE, the largest industrial company in the United States, reported its eighth consecutive quarter of operating earnings growth in Q1 2012.

GE, the largest industrial company in the United States, reported its eighth consecutive quarter of operating earnings growth in Q1 2012.

While total revenue fell 8 percent to $35.2 billion compared with the same quarter of 2011, this year’s figures do not include revenues from NBC Universal, in which a majority stake has been sold to Comcast.

April 12, 2012
Lithium Exploration begins ultrasonic generator tests

 

Lithium Exploration Group has begun the initial testing of its ultrasonic generator in Pennsylvania, United States. 

 

Lithium Exploration Group has begun the initial testing of its ultrasonic generator in Pennsylvania, United States.

The testing begins today and will run for ten days. The purpose of the test is to operate all of the componentry together, bring the generator to optimal speed and pressure to harness the cavitation and produce steam, and identify the optimal settings for all of the stages of the unit.

March 29, 2012
Executive insight

We talk to the stock market and forex trader whose contentious comments about the recession to the BBC last year gripped the world’s media.

We talk to the stock market and forex trader whose contentious comments about the recession to the BBC last year gripped the world’s media.

March 26, 2012
Stonegate Agricom: positive pre-feasibility results

Stonegate Agricom Ltd. today announced the results of its pre-feasibility study for the development of an underground mine in its Paris Hills Phosphate Project in Idaho, USA.

Stonegate Agricom Ltd. today announced the results of its pre-feasibility study for the development of an underground mine in its Paris Hills Phosphate Project in Idaho, USA.

The study projects production of 10 million tonnes of direct-ship, concentrate-quality phosphate rock (with no beneficiation required).

The report suggests total project financing requirements for development of $134.3 million, which includes contingency of $16.1 million and working capital of $6.5 million, with a cash operating cost of $72.99 per tonne of saleable product.

March 26, 2012
Sustainability: Trends

Dennis Stearns identifies issues that will have an enormous impact on how we live, work and invest in the next ten years.

Dennis Stearns identifies five potential game changers that will have an enormous impact on how we live, work and invest in the next ten years.

 

March 21, 2012
The Calgary Stampede

An iconic Wild West extravaganza celebrates its centenary this year, thanks to the dedication of the city and its population.

Keeping a brand popular for 100 years when the content is essentially the same year on year, and where there is no shortage of competitors, requires a level of commitment way beyond what is normally found, as Alan Swaby discovers.

Despite living in a mercenary world, there are often individual acts of altruism that take us by surprise and remind us that not everyone is fixated on self-aggrandizement. When these voluntary acts involve a whole city, that’s something special. And when it happens year after year… well, you get the picture.

March 13, 2012
Corporate free speech

"Think twice before speaking once,” has always been one of my favorite adages.

Think twice before speaking once

The expression “think twice before speaking once,” which is attributed to William Penn, has always been one of my favorite adages, a maxim by which I endeavor to live each day. It's a fine rule; perhaps one by which anti-business activists need to live, given their initiation of a political movement which could have unintended consequences for their own operations. Let me explain.

March 7, 2012
Strategy: Exports

Statistics show that companies that export tend to do better at home. Sheila Khatri has some valuable advice for companies thinking of exporting services to India.

Statistics show that companies that export tend to do better at home. Sheila Khatri, president of Moti International, has some valuable advice for companies thinking of exporting services to India.

Recently, I was enjoying a café latte with a university professor who is a thought-leader in a cutting-edge field useful to vaccine development. Not only is he smart with a Ph.D., having established his biotechnology company five years ago, he’s also entrepreneurial.

February 22, 2012
MBAC Fertilizer Corp.

Steve Burleton, VP of Corporate Development, describes how MBAC aims to become the second largest Brazilian producer of single superphosphates within the next five years, with a valuable sideline in rare earth elements.

Brazil imports 50 percent of the phosphates it needs for agricultural production: MBAC has the ability to become the second largest domestic producer of single superphosphates within the next five years, with a valuable sideline in rare earth elements.

February 18, 2012
Caterpillar plans $200 million factory in Georgia

Caterpillar Inc. has selected Athens, Georgia as the location for a new facility to build small tractors and mini hydraulic excavators, bringing production back from Japan to the United States.

Caterpillar Inc. has selected Athens, Georgia as the location for a new facility to build small tractors and mini hydraulic excavators, bringing production back from Japan to the United States.

Best known as the home town of the rock band REM, Athens will soon be home to a state-of-the-art, one-million-square-foot facility expected to employ 1,400 people, with a potential of 2,800 extra jobs in the supply chain in the United States.

The total investment for opening the new facility is expected to be around $200 million.

February 9, 2012
Toyota to repeat "100 Cars for Good" program in 2012

At the Chicago Auto Show today, Toyota announced the return of its 100 Cars for Good program.

At the Chicago Auto Show today, Toyota announced the return of its 100 Cars for Good program.

For the second year in a row, Toyota will award 100 vehicles over the course of 100 days to 100 US nonprofits, with winners selected through public voting on the Toyota Facebook page.  

The announcement was made by Michael Rouse, vice president of philanthropy and community affairs for Toyota Motor Sales, USA, who was accompanied by some of the nonprofits that received vehicles in last year's 100 Cars for Good program.

January 23, 2012
Finance: Commercial property

Cost segregation studies deliver earlier than expected tax breaks for US commercial property owners, says Jeffrey D. Hiatt.

Cost segregation studies deliver earlier than expected tax breaks for US commercial property owners, says Jeffrey D. Hiatt.

 

January 17, 2012
Asteelflash acquires Catalyst Manufacturing Services

French electronics manufacturing services (EMS) company Asteelflash has announced the acquisition of the American EMS company, Catalyst Manufacturing Services Inc., based on the East Coast of the United States and in Mexico.

French electronics manufacturing services (EMS) company Asteelflash has announced the acquisition of the American EMS company, Catalyst Manufacturing Services Inc., based on the East Coast of the United States and in Mexico.

Asteelflash is already established on the west coast of the United States, and this acquisition extends its presence in North America, adding three production sites in Owego (New York), Raleigh (North Carolina) and Tijuana (Mexico).

January 10, 2012
US gains in small business confidence

Small business confidence has improved for the fourth consecutive month in the United States, according to the National Federation of Independent Business (NFIB) Optimism Index.

Small business confidence has improved for the fourth consecutive month in the United States, according to the National Federation of Independent Business (NFIB) Optimism Index.

For the second consecutive month, small-business optimism rose 1.8 points in December, leaving the reading at 93.8.

December 20, 2011
High tech, high touch

Buying online is a modern high tech convenience, but without the human touch, you are one click away from extinction.

No one I know would dispute the benefits that technology—specifically the computer—has had on every aspect of our lives. It has put information at our fingertips and allowed us to communicate with others whenever and wherever we happen to be. Technology has also allowed businesses—no matter their size, location, products, or services—to compete on a global basis.

December 20, 2011
Peabody Energy completes acquisition of Australia’s Macarthur Coal

Peabody Energy today announced the completion of its acquisition of Macarthur Coal Limited, and has notified the Australian Securities Exchange to delist Macarthur.

Peabody Energy today announced the completion of its acquisition of Macarthur Coal Limited, and has notified the Australian Securities Exchange to delist Macarthur.

Peabody is the world's largest private-sector coal company, with 28 surface and underground mines across the United States and Australia.

December 10, 2011
US–Vietnam Trade Agreement: Ten years on

As the US and Vietnam celebrate the tenth anniversary of their bilateral trade agreement, Stephanie Lester asks for a new look at the rules on apparel.

The US and Vietnam share a delicate past, one that neither country can soon forget. Yet it is the past that often brings wisdom to forge a better way forward for the future. Ten years ago today, a Bilateral Trade Agreement (BTA) between the United States and Vietnam went into effect and began an economic partnership that has enabled the two nations to work together to advance the economic interests of both countries.

November 30, 2011
Enviva announces wood pellet manufacturing facility in Virginia

Enviva LP, a leading manufacturer of processed biomass fuel in the United States and Europe, today announced that it is planning to build a 454,000 metric ton wood pellet manufacturing facility in Courtland, Virginia.

Enviva LP, a leading manufacturer of processed biomass fuel in the United States and Europe, today announced that it is planning to build a 454,000 metric ton wood pellet manufacturing facility in Courtland, Virginia.

The project, which could be operational as early as the first half of 2013, is contingent on the property where the plant will be located being rezoned by Southampton County and on other permitting requirements.