Latest news with #Frantzen
New Indian Express
01-08-2025
- Business
- New Indian Express
VCL India to set up valve manufacturing unit in Odisha
BHUBANESWAR: Ambassador of Luxembourg to India Peggy Frantzen hailed Odisha as one of the most investor-friendly states in the country with huge potential for industrial growth and global partnerships. Speaking at the inauguration of the corporate office of VCL India Pvt Ltd here on Wednesday, Frantzen said the long-term partnership and cooperation in the steel sector, which started nearly 100 years ago, have been strengthened through VCL's presence in India. The VCL India Pvt Ltd is the Indian arm of the Luxembourg-based VCL Group, a market leader in Europe for specialised valves and equipment for the global iron and steel industry. It plans to expand its domestic operations and set up a manufacturing unit in the state in next two to three years. Additional chief secretary of Industries and I&PR Hemant Sharma briefed the visiting dignitaries on the state's evolving industrial profile and investment-friendly policies. He welcomed VCL's entry into Odisha as a part of the state government's focus on attracting FDI. 'Odisha offers a compelling proposition for investors. This investment signifies the deepening economic ties between India and Luxembourg. It reflects Odisha's growing stature as a preferred destination for global investments,' Sharma said. Chairman of VCL SA and CEO of SAB Group Mario Kratz said the decision to set up operations in Bhubaneswar was driven by the company's desire to stay close to its customers and contribute to the state's vibrant industrial landscape. Director of VCL India Aswini Khuntia said the company combines advanced engineering with precision manufacturing and it looks forward to replicating the same excellence in India. 'We are committed to delivering value to our clients, forging strong local collaborations and contributing to Odisha's industrial development,' he said. VCL's managing director and global head Rainer Zilliken and consul of the Grand Duchy of Luxembourg in India Rajat Dalmia were also present along with representatives from industry bodies including CII, FICCI, UCCI and ASSOCHAM.
Canberra Times
24-07-2025
- Entertainment
- Canberra Times
Singapore's top food secrets revealed by local experts and top-notch chefs
Chua, who hails from neighbouring Malaysia but has worked at Copenhagen's Noma and the three-star Frantzen in Stockholm, is one of many renowned international chefs who have been lured to this foodie island. There are now around 50 Michelin-starred restaurants in Singapore, including Zen, which is one of the city's trio of three-star venues. Chua won't be drawn on what he considers the best per se, but says that Cloudstreet and Odette, the latter sitting at No. 24 in the World's 50 Best Restaurants, are among his personal favourites.
Yahoo
04-03-2025
- Automotive
- Yahoo
UAW: Belvidere Assembly Plant to reopen in 2027 with two shifts
Belvidere Assembly Plant will operate on two shifts when an estimated 1,500 workers are recalled to begin building a mid-sized truck in 2027. That's the latest information available according to an email UAW Local 1268 President Matt Frantzen wrote to members and posted Monday on Facebook. "They are looking at first quarter 2026 for skilled trades to be recalled," Frantzen wrote. "Fourth quarter 2026 for TL's (team leaders) to be recalled., First or second quarter of 2027 for team members. No information on launch team yet." Stellantis appears for now to be backing off plans for a joint venture battery production facility and mega hub in Belvidere. More: Stellantis to reopen Illinois plant, reinstate 1,500 jobs to Rockford area Those facilities and operations were promised as part of a $5 billion investment to settle the 2023 Stand Up Strike. The company in January said those plans were being re-evaluated because of market conditions. Frantzen said there might not be an appetite right now for a protracted fight to hold the company accountable for those commitments. "After all the Keep the Promise rallies that were held throughout the corporation, the support from the membership for a strike wasn't there," Frantzen wrote. "I'm sure there are several reasons the support wasn't there. With that being said, there's no other way to hold this corporation accountable for anything." Jeff Kolkey writes about government, economic development and other issues for the Rockford Register Star. He can be reached via email at jkolkey@ and on X @jeffkolkey. This article originally appeared on Rockford Register Star: Mid-sized truck to be built in Belvidere on two shifts
