News-Herald – Feb. 15, 2017 – “Cat food producer Innovative Pets will locate to the city of Loudon after informing Loudon County officials of plans last month. Loudon County Mayor Rollen ‘Buddy’ Bradshaw said the company will move into a roughly 30,000-square-foot facility at 210 Williamson Drive in Loudon.”
Innovate Pets is a Chinese- and Thai-invested company, with Chinese investment coming from Shenzhen-based Innovate International. To read more, visit the News-Herald article.
Rhodium Group – May 17, 2017 – “As part of the U.S.-China FDI Project, the National Committee on U.S.-China Relations and the Rhodium Group jointly release the 2017 update to our ‘Two-Way Street’ report, which reviews last year’s aggregate FDI trends, breaks down bilateral flows sector by sector, and discusses the outlook and policy agenda.” To read more, visit the report webpage.
China Daily – June 21, 2017 – “Tennessee’s aggressive recruitment of foreign direct investment, particularly from China, is paying dividends as two mainland companies expect to create more than 500 jobs in the Volunteer state.
“On Tuesday, officials from China-based Minth Group Ltd, Governor Bill Haslam, and Department of Economic and Community Development Commissioner Bob Rolfe announced that the automotive supplier will invest $13.2 million over the next five years for a plant in Lewisburg in Marshall County that could create up to 200 jobs.
“On June 6, Sinomax USA opened its first American manufacturing facility in La Vergne. The $28 million plant is expected to create 350 jobs. Sinomax makes memory-foam bedding products like mattresses and pillows and supplies Costco Wholesale Corp and Wal-Mart Inc, among other retailers.”
To read more, visit the China Daily article.
New York Times – June 10, 2017 – “To some extent, cultural norms may explain the tensions.
“Mary Gallagher, who directs the Lieberthal-Rogel Center for Chinese Studies at the University of Michigan, said entrepreneurs like Mr. Cao often populate their factories with migrants from rural areas, whom they expect to be relatively submissive, unlike American workers, who expect a more collegial management style. ‘He hasn’t ever had probably this type of pressure from a work force,’ she said.
“Workers at the Fuyao plant say Chinese managers seem to elevate production goals above all else. When employees have trouble with equipment and ask to shut it down, said Nicholas Tannenbaum, a Fuyao worker who was fired in late May, ‘the Chinese look at us and say, “No need.”‘
“’They’re jumping on moving conveyors to fix it as the line is running,’ he added.”
To read more, visit the New York Times article.