News: USA - engine remanufacturing plant to add 131 jobs
A Springfield, USA plant that refurbishes the engines of used cars plans to add 131 jobs over the next three to four years, officials said.
Wednesday, 29th June 2011
PROFormance Powertrain Products, which already employs 100 people, plans to expand its engine remanufacturing plant in Springfield. It is a subsidiary of LKQ Corp. of Chicago. "We thought it was important to expand capacity to meet customer demand," said Joseph Boutross, the director of investor relations for LKQ Corp. The average wages for the jobs created are expected to be at or above the county average of $33,924, said Rob Dixon, the manager of business development for the Springfield Area Chamber of Commerce. Dixon said the unemployment rate in the Springfield metropolitan area has decreased from 9.2 per cent in January to 7.6 per cent in April. The statewide rate in April was 8.9 per cent. He said the company will receive tax incentives of $415,000, spread out over five years, through a state program called Missouri Quality Jobs. PROFormance Powertrain has been in Springfield since 1959.
Why textile process waste should be remanufactured
H&M Foundation Global Change Award winner calls for remanufacturing of textile waste - a significant economic opportunity for textile mills that will also improve supply chain transparency/traceability and create new, circular business models.