Latest Joint ventures News

New plant promising 2,500 jobs for southwest Virginia

Oct. 04, 2021 14:08 PM EDT

RICHMOND, Va. (AP) — A medical glove manufacturing facility promising to employ nearly 2,500 people is coming to southwest Virginia, Gov. Ralph Northam announced Monday, calling the news the biggest job-creation announcement in the struggling region in a generation. ...

Kentucky governor files paperwork for reelection run in 2023

Oct. 01, 2021 17:05 PM EDT

FRANKFORT, Ky. (AP) — Fresh off landing a record-shattering economic development deal with Ford Motor Co. that put Kentucky at the forefront of the green energy movement, Democratic Gov. Andy Beshear on Friday launched a reelection run that will be tied to his aggressive actions to combat...

ADM, Marathon partner to operate North Dakota soybean plant

Aug. 22, 2021 13:30 PM EDT

BISMARCK, N.D. (AP) — Agribusiness conglomerate Archer Daniels Midland Co. Archer-Daniels-Midland Co. and Marathon Petroleum Corp. are partnering to operate a soybean processing plant near Jamestown. The Bismarck Tribune reports the facility will supply soybean oil for...

PepsiCo to sell Tropicana, other juices, in $3.3B deal

Aug. 03, 2021 09:34 AM EDT

PepsiCo will sell Tropicana and other juices to a private equity firm in a $3.3 billion deal. The New York drink and snack company will keep a 39% non-controlling stake in a newly formed joint venture in the deal with PAI Partners. The sale reflects...