IBM Plans 1,000 Hires in Costa Rica by 2014

SAN JOSE, Costa Rica and ARMONK, N.Y., May 10, 2012 /PRNewswire/ -- IBM officially opened today its new Costa Rica Delivery Center, in America Free Zone, Heredia. IBM will invest US$300 million over 10 years, and intends to employ up to 1,000 people by 2014. The new center will provide high-value services for clients around the world, reaffirming Costa Rica's position as a strategic services hub for IBM. The facility will support clients in the areas of IT security, data storage, business analytics, cloud computing, and other services in demand by IBM clients. [...Read More]

Cambodia Gets Nod for a Beverage Can Plant

PHILADELPHIA, May 15, 2012 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (www.crowncork.com), a leading supplier of metal packaging products worldwide, announced today that it will build a new beverage can plant in Sihanoukville, Cambodia to meet growing demand. Sihanoukville is on the Gulf of Thailand approximately 200 km from the Cambodian capital, Phnom Penh. It is the country's primary commercial port and is also enjoying growing tourism. [...Read More]

Chinese Energy Components Planned for Brazilian Project

SHANGHAI, China, May 29, 2012 /PRNewswire/ - Sunbelt International (www.sunbelt-inter.com) (OTCBB: SUNB) Sunbelt International is pleased to announce that a letter of intent has been signed to secure a major construction project in the northeastern state of Ceara, Brazil. The project will deploy numerous CE ISO certified wind / solar turbines by Chinese manufacturer, Qingdao Xingguang Wind Power Generator Co. Ltd located in Jiaonan city, China. [...Read More]

Ancient Dynastic Capital Turns State-of-the-Art

XI'AN, China (Reuters) - A gleaming new $1.4 billion airport extension, a $5.2 billion bullet train and Samsung's planned $7 billion electronics plant, touted as the largest single high-tech foreign investment in China, are sure signs of economic intent in ancient Xi'an. [...Read More]

GenScript USA Opens R&D Base in Nanjing, China

PISCATAWAY, N.J., May 30, 2012 /PRNewswire-Asia/ -- GenScript USA Inc., a leading biotech company, has announced the opening of a new R&D facility in Nanjing, China. This new facility will play a key role in GenScript's strategy to expand its global business and to reach the emerging market in Asia. GenScript invested $40 million USD to build the new R&D base covering an area of 4,682,700 square feet in JiangNing Science Park. The construction of the new facility broke ground in 2009, and the first phase 765,036 square feet of the R&D base has recently been completed with three 5-story buildings, and two 2-story animal housing buildings with AAALAC and OLAW accredited facilities. New state of the art equipment for gene-synthesis, protein purification and characterization, antibody engineering and drug assays have been installed in the research labs. And the new facilities also offer offices, a meeting center, a cafeteria and an exercise center for employees. [...Read More]

Corning Completes a $125-Million Expansion in Shanghai

SHANGHAI, China, May 15, 2012 – Corning Incorporated (NYSE: GLW) today hosted a grand opening and groundbreaking ceremony for Corning (Shanghai) Co. Ltd., Corning's wholly owned automotive substrate facility in Shanghai, China. The event celebrated the completion of a $125 million expansion and the beginning of a previously announced third capacity build-out. Members of the Chinese government, customers, and employees attended the ceremony. [...Read More]

Brisbane Airport Unveils Master Plan; a 'New World City' Takes Shape

Brisbane Airport Corporation (BAC) has unveiled its new ‘Property Development Master Plan’ with the vision of creating a “vibrant commercial hub from Airport Village to the Domestic Terminal and beyond” within the next 10 years. [...Read More]