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Business Strategy Alignment: Page 144

VW, Glencore Back $1bn SPAC Mine Deal to Secure EV Metals
According to a June 12 statement, London-listed ACG Acquisition Co. is buying the assets from the private equity firm Appian Capital Advisory.
Vale N4W. Parauapebas, Para state, Brazil. May 2023. Photo: Dado Galdieri/Bloomberg
GM Investing Over $630mn in Fort Wayne Assembly Plant
Since 2013, GM has invested over $31 billion in U.S. manufacturing and parts distribution including $2 billion in the Fort Wayne Assembly plant.
Detroit, Michigan. 2014. Photo: iStock.com/wesellenterprises
Vietnam’s Factories Boost Operations as Power Shortages Ease
Manufacturers in Bac Giang can now operate from midnight until 5 p.m. after factories were previously told to curtail production between 5 p.m. and 7:45 a.m.
Vinh Cuu, Dong Nai Province, Vietnam. May 2023. Photo: Bloomberg
In the Race to Electrification, the Humble Bus Is in the Lead
By 2032, about half of the world’s buses will be entirely battery-powered as will almost three out of four buses sold, according to BloombergNEF’s seventh annual Electric Vehicle Outlook.
Bogota, Colombia. April 2023. Photo: Bloomberg
China to Host Country’s First International Supply Chain Exhibition
Almost 100 companies have reportedly signed up for the expo so far with over 300 businesses expected to attend the event in the late fall.
Photo: iStock.com/TexBr
Watch: 'Re-imagining' the End-to-End Supply Chain
Will the dream of an "end-to-end" supply chain finally come true — and if so, what will make it happen? Sumit Dutta, partner and leader of the Americas supply chain market with EY, has the answer.
Sumit Dutta
Near-Shoring in Mexico: More than Manufacturing
About 88% of U.S.-based small and medium-sized businesses (SMBs) will reorganize their supply chains to leverage suppliers in the U.S. or Mexico in 2023.
Photo: iStock.com/Oleksii Liskonih
How to Speed Up IT Systems Integration in a Merger or Acquisition
How should newly acquired or merged companies’ IT systems be replaced, reconnected or consolidated with those of the acquirer?
Photo: iStock.com/Chainarong Prasertthai
Mercedes-Benz Strikes Supply Deal with H2 Green Steel
Besides supplying European facilities with 50,000 tons of green steel annually, the two sides signed an MoU for the potential supply of green steel in North America too.
Berlin, Germany. August 29, 2018. Photo: iStock.com/franz12
Europeans Reluctant to De-Risk from China, Survey Says
Forty-six percent of those interviewed said they viewed China as an “ally or necessary partner” compared to just 35% who saw Beijing as a “rival or adversary.”
Shanghai, China. Monday, Oct. 17, 2022. Photo: Qilai Shen/Bloomberg
Distracted Driving: Using AI Technology to Break a Deadly Habit
A.I.-driven technology can help keep drivers and passengers safe by not only detecting distracted driving, but also identifying other potentially risky behaviors.
Photo: iStock.com/Drazen Zigic
Flexport Completes Acquisition of Shopify Logistics
In connection with the sale that was originally announced May 3, 2023, Shopify received stock that equates to 13% equity in Flexport.
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