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| International Business Expansion |
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New York-based specialty glass and ceramics company Corning Inc has approved a capital investment plan to increase the company’s light-duty filter capacity in Kaiserslautern, Germany.
The $44 million investment will be part of Corning’s previously announced 2010-2011 capital expenditures. This expansion, which is expected to begin early production in the second half of 2011, will increase the company’s capacity to manufacture current and future generations of light-duty diesel DuraTrap AT filters.
“Tighter emissions regulations continue to drive demand for diesel emissions control systems,” said Thomas Hinman, senior vice president of Corning Environmental Technologies. “Currently, more than 50 percent of the passenger cars in Europe are diesel. By 2011, all diesel passenger cars and light commercial vehicles will be equipped with a filter. By expanding our light-duty diesel capabilities, we will be better positioned to meet increased demand from customers in Europe and around the world.”
In addition, the company recently announced it will expand its Corning Shanghai Company Limited automotive substrate facility. This expansion is expected to be operational in the second half of 2012. The Shanghai investment is part of the company’s previously announced 2011 capital expenditures.
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California-based computer and printer manufacturer Hewlett-Packard is to create 700 jobs at its plant in Erskine near Glasgow, UK.
The company is to establish a new IT service hub in the area, which has been supported by £7 million worth of funding from Scottish Enterprise's Regional Selective Assistance.
Marc Waters, head of strategy and integration at HP, UK and Ireland, said: “I am delighted to confirm our investment to develop the Erskine site as a hub for delivering industry-leading technology services.”
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California-based company ON24 Inc, a specialist in webcasting and virtual event solutions, has announced the opening of new offices in Paris, France, and Hamburg, Germany.
With an established presence in London, the new offices will enable ON24 to more effectively and efficiently meet customer needs in the growing European virtual events market and provide local support for international clients, enhancing the support provided by European partners. In addition, ON24 is further strengthening its European market presence with new multi-language product capabilities.
“Global expansion is a key component of our value proposition and growth strategy,” said ON24 Chief Executive Officer Sharan Sharat. He stressed that ON24 is committed to further developing the European virtual events market by offering innovative virtual communication solutions and dedicated local support teams.
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California-based Responsys, a provider of on-demand email and marketing automation solutions, has announced the launch of Responsys Denmark in Copenhagen.
"Responsys is growing at an unprecedented rate in the USA and abroad," said Dan Springer, Chief Executive Officer of Responsys. "Denmark is a key entry point into Scandinavia with a population of very technologically savvy consumers. Coupling this with Denmark's advanced adoption of mobile technology and other interactive channels makes it a natural growth opportunity. Our international business model is focused on offering a dynamic product set to the global cross-channel marketplace. Responsys is the only email and cross-channel marketing application that has the architecture and functionality to support leading brands and marketers anywhere around the world."
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California-based QUALCOMM Inc, a developer of advanced wireless technologies and data solutions, plans to invest a total of $2 billion to set up a 4.5G production plant for Mirasol displays at the Longtan site of Central Taiwan Science Park (CTSP).
Equipment installation is scheduled to begin in October 2011 and volume production at the beginning of 2012 mainly for 5.7-inch colour applications. The Mirasol display is a MEMS device with fast response time, and it can be used not only in e-book readers but also other multimedia applications.
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