Tag: Production facilities

Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking...

Ukraine's military chief says Russia has 'practically halved' artillery ammo usage after its production lines and depots were hit

Ukrainian strikes have forced Russia to reduce its ammo usage, Oleksandr Syrskyi said.The Ukrainian commander in chief said Russian shell usage has "practically...

Suit accuses Pepsi company of price discrimination

The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to...

US defense contractor to build 4,000-worker advanced manufacturing facility in Ohio

COLUMBUS, Ohio -- U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio, adding a planned...

Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant

LOUISVILLE, Ky. -- Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant...

J&J buys Intra-Cellular in $14.6B deal, delving into central nervous system disorders

Johnson & Johnson will spend more than $14 billion to delve further into the treatment of central nervous system disorders by purchasing Intra-Cellular...