Samvardhana Motherson International Incorporates A Wholly Owned Subsidiary In USA freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
The company roped in HSBC to reach out to investors in a non-deal roadshow earlier this week and it may consider issuing overseas bonds in the second half of the financial year, two sources said.
Alabama auto supply company adding third site Follow Us
Question of the Day
TUSCALOOSA, Ala. (AP) - A vehicle supply company is expanding its operations in Tuscaloosa County.
SMP Automative Systems Alabama plans to build a new plant at the Cedar Cove Technology Park, WBRC-TV reports. It already has two facilities in the county that employ more than 1,900 people.
The company produces parts for vehicles manufactured at a Mercedes plant in Vance, Alabama.
TOP STORIES
The Tuscaloosa County Industrial Development Authority last week approved more than $250,000 in tax breaks for the project, though officials say it will contribute much more in taxes and employee spending.