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Ciena upgrades EIG submarine cable from Europe, to Middle East to India
CienaFebruary 20, 2020 ET
The Europe India Gateway (EIG) submarine cable system has been upgraded to accelerate and strengthen connectivity between businesses in the UK, Europe, the Middle East and India.
Oregon OSHA cites Albany Selmet foundry for safety violations in 2019 explosion
SelmetFebruary 20, 2020 ET
Oregon OSHA has fined an Albany foundry $27,500 for violating job safety rules designed to protect workers from serious harm or death.
Atlantic Casualty Insurance Company expands in Wayne County, North Carolina, creates 83 jobs
Atlantic Casualty Insurance CompanyFebruary 20, 2020 ET
Atlantic Casualty Insurance Company, a national provider of commercial insurance products, will create 83 jobs as it expands its Wayne County, North Carolina headquarters.
Audentes Therapeutics to invest over $100 million in Sanford, North Carolina
Sanford, North CarolinaFebruary 20, 2020 ET
Audentes Therapeutics, a genetic medicines company, will create 209 new jobs in Lee County, investing $109 million to locate a manufacturing facility in Sanford, North Carolina.
LendingClub to acquire Radius Bancorp in $185m deal
LendingClubFebruary 20, 2020 ET
LendingClub has agreed to acquire Boston based Radius Bancorp and wholly owned subsidiary Radius Bank in a cash and stock deal valued at $185 million.
Samsung first company to install Russian software on smartphones
SamsungFebruary 20, 2020 ET
Samsung Electronics has said that it is willing to comply with the Russian legal requirement to pre install Russian software on smartphones and computers starting on July 1, Radio Sputnik reports.
Minesto signs PPA for 2.2 MW of tidal energy in Faroe Islands
MinestoFebruary 20, 2020 ET
Swedish marine energy developer Minesto has inked a power purchase agreement (PPA) for up to 2.2 MW of installed tidal power generating capacity in the Faroe Islands.
Avery Dennison announced new RFID factory in Brazil
Avery DennisonFebruary 20, 2020 ET
Just months after signing a deal to acquire Smartrac\'s transponder division, Avery Dennison announced the location of its next RFID manufacturing facility, its first in Brazil and fifth in the world.
Anchor Glass completed $51 million expansion in Elmira, New York
Anchor GlassFebruary 19, 2020 ET
Anchor Glass completed $51 million expansion of facility in Elmira, Chemung County, N.Y.
Nebraska Plastics to invest $1 million in Edenton, North Carolina
Nebraska PlasticsFebruary 19, 2020 ET
Nebraska Plastics, a vinyl fence manufacturer, will create 22 new jobs in Chowan County, North Carolina.
General Motors to lay off all 1,500 plant workers in Thailand
General MotorsFebruary 19, 2020 ET
General Motors will begin laying off around 1,500 employees in Thailand in June, after announcing the sale of its production plants in the country, a government official said today.
UBI Banca shares jump after Intesa $5.44 billion takeover offer
UBI BancaFebruary 19, 2020 ET
Shares of Unione di Banche Italiane, or UBI Banca, surged in trading yesterday morning following a surprise offer made by larger peer Intesa Sanpaolo on Monday night to buy the Italian lender.
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