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JCP&L Invests $78 Million in Morristown Substation Upgrade to Combat Flood Risks
MORRISTOWN, N.J. — Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has initiated a significant $78 million upgrade to a transmission substation in Morristown. The project is…
JPMorgan invests in financial technology provider Cleareye.ai
LONDON(Reuters) – JPMorgan has made a strategic investment in Cleareye.ai, a financial technology firm focused on trade finance, the companies said on Tuesday. The parties, which entered into a commercial partnership last…
Stellantis invests 100 million euros in startups, mobility fund
By Joseph White DETROIT (Reuters) – The venture capital arm of automaker Stellantis said on Thursday it will invest about 100 million euros ($108.3 million) in automotive and battery technology startups and…
Stellantis invests 200 million euros to produce Fiat cars in Algeria
PARIS (Reuters) – Carmaker Stellantis will spend more than 200 million euros ($213.32 million) to manufacture four Fiat models in Algeria, it said on Sunday. Construction of the plant will be completed…
Stellantis invests $155 million in Argentine copper mine
ROME (Reuters) – Carmaker Stellantis said on Monday it had invested $155 million to buy a minority stake in a copper mine in Argentina as part of its global push to secure…
GM invests $918 million in U.S. plants for gas engine, EV components
By David Shepardson WASHINGTON (Reuters) – General Motors said Thursday it was investing $918 million in four U.S. plants for V-8 gasoline engine production and electric vehicle components. The largest U.S. automaker…
Taiwanese Chip Giant Invests $30 Billion In Arizona Ahead Of Biden Visit
Taiwanese Chip Giant Invests $30 Billion In Arizona Ahead Of Biden Visit John Hugh DeMastri on December 6, 2022 The Taiwan Semiconductor Manufacturing Company (TSMC) announced Tuesday that it was constructing a…
Savory Fund Invests Growth Capital into Pincho to Accelerate Popular Brand’s Expansion
Miami-born burger and kebab concept positioned for rapid growth following Sept. 1 investment Miami, FL (-) Savory Fund announced today that it has invested in the popular burger and kebab concept, Pincho.…
Italian-Based Poke House Invests in Sweetfin to Fuel U.S. Growth
Californian and European fast-casual poke leaders team up to open 80 new locations in Europe and the U.S. in 2022 Santa Monica, CA (-) Sweetfin – renowned as the leader of the…
Savory Fund Invests Into Tech-Enabled Solution – 86 Repairs
Innovative food and beverage private equity firm partners with the repair and maintenance platform built for the restaurant industry Salt Lake City, UT (-) Savory Fund is making its first food and…
Enlightened Hospitality Investments (EHI) Invests $10M in Chip City Cookies
Co-founders Peter Phillips and Teddy Gailas partner with investment group to accelerate growth plans to scale gourmet cookie concept beyond New York City and strengthen brand position within the competitive cookie segment.…
Jackson Township invested $6.7 million into paving roads
JACKSON TOWNSHIP, NJ – If you have driven through some of the more notorious pothole roads in Jackson, you may have noticed many have been repaved in recent weeks. According to Jackson…
Dem Congressional Nominee Invests In Company She Blamed For Jacking Up Housing Prices
Dem Congressional Nominee Invests In Company She Blamed For Jacking Up Housing Prices Gabe Kaminsky on September 27, 2022 Democratic Montana congressional nominee Monica Tranel owns thousands in Airbnb stock despite…
ICG invests $240 million in French EV charging firm Zeplug
(Reuters) – Britain’s Intermediate Capital Group is investing 240 million euros ($240 million) in Zeplug, a French firm specialising in electric vehicle (EV) charging services in multi-occupant and office buildings, the companies…
Korea’s SK invests $100 million in EV-focused startup Atom Power
By Paul Lienert DETROIT (Reuters) – Korea’s SK Inc has invested $100 million in North Carolina startup Atom Power, which aims to upgrade the electric vehicle (EV) charging experience in the United…
Audi invests $19.2 million to restart production in Brazil
SAO PAULO – Audi, a Volkswagen Group brand, announced on Wednesday an investment of 100 million reais ($19.22 million) to restart production at its plant in Parana state in Brazil, according to…
Zeus Invests in Global Expansion Program to Increase Catheter Manufacturing Capacity
ORANGEBURG, S.C., June 21, 2022 — Zeus, the global leader in advanced polymer solutions, today announced a multi-million dollar investment to expand its catheter manufacturing capacity worldwide. The first phase of the…
GM invests $81 million to build Cadillac Celestiq EV flagship in Michigan
By Paul Lienert (Reuters) – General Motors will invest $81 million to build its future Cadillac Celestiq electric flagship sedan at GM’s Warren Technical Center, the company said on Wednesday. The Celestiq,…
SHOWCASE INVESTS IN LARGEST EVER US EXPANSION PLAN:
Award-Winning Canadian Retailer Opens 27 Stores in 12 States this Summer TORONTO, May 11, 2022 – Showcase, recognized as “Home of the Hottest Trends”, and just named one of Canada’s Best Managed…
Ohio Edison Invests Nearly $22 Million in Tree Trimming Efforts to Reinforce Electric System During Severe Weather
Work includes trimming along nearly 4,800 miles of power lines in 2022 AKRON, Ohio, May 3, 2022 — Ohio Edison, a FirstEnergy Corp. (NYSE: FE) electric company, is conducting tree trimming and…
The Illuminating Company Invests $16.5 Million in Tree Trimming Efforts to Reinforce Electric System During Severe Weather
Work includes trimming along nearly 2,000 miles of power lines in 2022 BRECKSVILLE, Ohio, May 3, 2022 — The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting tree trimming…
Toledo Edison Invests $5.5 Million in Tree-Trimming Work to Help Minimize Impact of Severe Weather
Work includes trimming along nearly 1,300 miles of power lines in 2022 TOLEDO, Ohio, May 3, 2022 — Toledo Edison, a FirstEnergy Corp. (NYSE: FE) electric company, is conducting tree trimming and…
Penn Power Invests $9 Million in Tree-Trimming Work to Help Minimize Impact of Severe Weather
Work includes trimming trees along 1,120 miles of power lines in 2022 NEW CASTLE, Pa., May 3, 2022 — Penn Power, a FirstEnergy Corp. (NYSE: FE) electric company, is conducting tree trimming…
Samsung invests $920 million in Vietnam plant expansion
HANOI – South Korean electronic components manufacturer Samsung Electro-Mechanics Co Ltd will invest $920 million in a production facility in northern Vietnam, the Southeast Asian country said on Wednesday. The investment will…
Reliance invests $200 million in InMobi’s Glance
By Yuvraj Malik – India’s Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the service to…
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