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Prent Corp. to open packaging factory in New Mexico

Prent Corp. to open packaging factory in New Mexico

SANTA FE, N.M. (AP) — A manufacturer of plastic packaging used for medical equipment during the COVID-19 pandemic plans to build its next factory in southern New Mexico.

Prent Corp. will invest $12.5 million into the project and create 85 new jobs, according to a release from the Borderplex Alliance.

​“Southern New Mexico is brimming with opportunity,” Gov. Michelle Lujan Grisham said. “The growth potential here is limitless. These good-paying jobs are proof positive that New Mexico is known around the country as business-friendly and a great place to invest right now.”

Construction of the plant in Santa Teresa, Doña Ana County, is still pending approval. It could be up and running by the fall of 2021, according to the Borderplex Alliance.

“Prent Corporation’s opening will add a substantial number of good-paying jobs to Doña Ana County,” County Commission Chair Lynn Ellins said. “Santa Teresa is an excellent location for contributing to Prent’s success. This is especially good news to receive in the midst of a pandemic.”

Designed to build sterile barrier packages for medical devices, the plant would be equipped with stringently regulated clean rooms.

The Janesville, Wisconsin-based company has partnered with medical companies during the pandemic to ship personal protective equipment such as face shields, according to Boston Scientific Corp.

The Borderplex Alliance promotes cross-border business interests in the tri-state, bi-national border region encompassing Las Cruces, New Mexico; El Paso, Texas; and Chihuahua, Mexico.

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Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk

Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk

(Reuters) – Tesla Inc Chief Executive Elon Musk said on Wednesday the company will produce Model Y with a new structural battery design and technology at its Berlin factory next year and that could result in a “significant production risk”.

The U.S. electric carmaker plans to manufacture a new version of its Model Y crossover vehicle, and possibly even battery cells at the site. Last month, Musk said that Tesla will use its Germany-based plant to demonstrate a radical overhaul of how its cars are built.

The company plans to start the production of Model Y at Gigafactory Berlin during the second half of 2021.

Tesla’s new battery cell – a larger cylindrical format called 4680 that can store more energy and is easier to make – is key to achieving the goal of cutting battery costs in half and ramping up battery production nearly 100-fold by 2030.

The company’s new structural battery pack requires the new 4680 battery cells in order to work.

Musk said on Wednesday that it will take about two years for Tesla factories in Fremont and Shanghai to embrace the new technology.

“Fremont and Shanghai will transition in 2 years when new tech is proven,” Musk said in a tweet

The company said last week that it delivered 139,300 vehicles in the third quarter, a quarterly record for the electric carmaker.

Tesla’s delivery push has been supported by its new Shanghai factory, the only plant currently producing vehicles outside California, as it is also building a new vehicle and battery manufacturing facility near Berlin.

(Reporting by Sabahatjahan Contractor and Kanishka Singh in Bengaluru, Editing by Sherry Jacob-Phillips)

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SparBar LTD. (UK) Announces New Business Partnership, Construction of New 108,000 SqFt Philippines Factory

SparBar LTD. (UK) Announces New Business Partnership, Construction of New 108,000 SqFt Philippines Factory

SparBar, Ltd. will partner on the project with the Topline Group of Companies, a dynamic business and property development enterprise based in the Philippines and London, England. The 108,000 square-foot (approximately 2.5 acre) project development, approved last month for a 50-year license by the Philippine Economic Zone Authority, will provide more than manufacturing; it will also serve as the new research, development, and design hub for this exciting sporting brand. “We are dedicated to constant innovation, improvement, and evolution of the SPARBAR™ brand, and bringing R&D into a single, in-house facility will increase our efficiencies and enhance our product offerings long into the future,” said Gill. The SPARBAR™ inventor reached a binding Memorandum of Understanding with Topline late last week, and only minor details remain before the parties memorialize the full Partnership Agreement.

Topline Group of Companies CEO Eugene Erik Lim says his firm is committed to the success of SparBar LTD and all SPARBAR™ products. “SparBar, Ltd. aligns with our company’s value of instilling positive growth in the community and helping people around the world achieve their true potential,” said Lim, who says the sporting company will make available its fitness and combat equipment for gyms, boot camps, and talent development throughout the Philippines.

SparBar, Ltd. Advisor Demee Koch, spearheading the partnership initiative for the Cebu facility, says that the new project is not just a production deal, but a social and community venture. “We are incredibly excited to support the local community through increased employment and on-the-job training, but that’s not all,” said Koch. “We’re also excited to bring SPARBAR’s culture of personal growth and improvement to the community.”

According to Gill, the partner companies are a perfect match. “Topline Group of Companies and SparBar, Ltd. share the same values, and we’ve got some very exciting

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