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Showing 2 articles from August 5, 2011.


American made, Chinese owned:

The latest beneficiary of China's outward investment push is a small Missouri town called Moberly, with just 14,000 people. This Saturday, Mamtek International -- a Chinese mainland-invested company based in Hong Kong -- plans to break ground on a state-of-the-art factory making a no-calorie sugar substitute used in sodas and baked goods. The plant is expected to infuse $46 million into the local economy, create 312 jobs by the end of 2011 and double those employment figures over the longer term...

...Huh! A Chinese owned company has set up a factory in America? What is with this crazy role reversal? It has started to become cheaper for some Chinese companies to set up large plants in America than it is for them to set the same sized plant up in Shanghai.

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Community and Regional News

Delta Regional Co-Commissioner in Mayfield to hear how to get region
Delta Regional Co-Commissioner Chris Masingill makes opening remarks at listening sessions.
Delta Regional Co-Commissioner in Mayfield to hear how to get region "in front of the curve"

(Mayfield, August 4, 2011) - Chris Masingill, Federal Co-Chairman of the Delta Regional Commission, spent a few hours listening on Thursday. He and Tom Fern, Kentucky’s USDA Rural Director, were in Mayfield for the only Kentucky session in this round. There were complaints about a range of topics, among them a lack of funding for highways and port development, bureaucratic red tape and education and technical education issues...

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