Tag: investment

One of the Lehigh Valley’s top manufacturers has announced it is doubling down on its commitment in the region, investing tens of millions of dollars to increase its manufacturing operations, and creating up to 50 new jobs by next year in the Pennsylvania region.

Trelleborg, a leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments, with numerous locations throughout North America, has announced it has invested in a new production facility for sealing solutions in Denmark, thus relocating its current manufacturing facility in the country.

Emerson, a global leader in technology and engineering headquartered in St. Louis, Missouri has been selected as the design-build contractor by the San Francisco Public Utilities Commission to modernize its Southeast Treatment Plant.

ChargePoint Technology, a global supplier of split butterfly containment valves and docking systems with offices throughout the Americas, has invested in new manufacturing machinery at its UK facility to meet increased demand for larger diameter valves for use in large scale drug manufacturing that requires containment.

Metso, a world leading industrial company with many locations throughout the Americas, has announced that they will invest $1.

BP, a world leading integrated oil and gas company with numerous locations in the US, and Reliance Industries Ltd. will invest as much as USD $6 billion to restart work in Indian oil and gas blocks after eight years, in an area off the South Asian country’s east coast where both companies have faced trouble boosting production.

New World Angels (NWA), an investor group based in Florida, has announced a USD $1,027,500 follow-on investment in Miami and Rhode Island-based Clarke Industrial Engineering to fund Clarke’s continued expansion of its patented Shutter Valve line.

Columbia Gas has invested USD $1 million in Bradford, Pennsylvania’s infrastructure replacement project. To ensure the delivery of safe, reliable and efficient natural gas, more than 6,900 feet of underground pipe will be replaced along Sullivan Road and Interstate Parkway.

Venture Global LNG is planning to invest USD $8.5 billion for the development of a natural gas liquefaction facility and LNG export terminal in Plaquemines Parish, Louisiana, US.

Texas-based Tellurian Investments Inc. and Total recently announced that Total is acquiring approximately 23 percent of Tellurian at USD $5.