(Bloomberg) — In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity. Most Read from Bloomberg Logistics hubs that were built in anticipation of a long-lasting boom in e-commerce, manufacturing and food storage are losing tenants, forcing […]
This week’s installment of On Our Radar crunches the numbers behind a new interactive City of Savannah map that tracks its top 20 private developments in 2023 based on their dollar valuations. The top projects have warehouse and industrial uses, while the next largest type of development is for apartments. This edition also features the […]
The warehouse wars of Southern New Castle County are never over, it would seem. A 2.4 million square-foot LogistiCenter warehouse project north of Middletown, ardently opposed by nearby residents and the subject of litigation by its developer, looks to be getting sent back to the trenches. County Councilman David Carter signaled Wednesday that he plans […]
Western Kentucky Distilling hosted the grand opening of its $30 million distillery in Ohio County’s Bluegrass Crossings Business Centre on Oct. 18. JD Edwards, the distillery’s president, said Friday that the distillery is still growing. Thursday, the Kentucky Economic Development Finance Authority approved $216,000 for five new warehouses at the distillery. Total cost of the […]
ASHEVILLE – Two warehouses just north of Asheville’s famed Salvage Station music venue were recently torn down. A reader asks: What’s the plan for those lots? Wouldn’t it be nice to have a space to enjoy the river right there? Have other questions for our staff? Email Executive Editor Karen Chávez at KChavez@citizentimes.com and your […]
Three men accused of breaking into dozens of UPS warehouses across the U.S. in search of expensive electronics have pleaded guilty to the burglary scheme that lasted more than two years, federal prosecutors said. Sekou Fofanah, Shamaire Brown and Quamaire Brown were involved in stealing packages with “high-value” items worth more than $1.6 million from […]
Semafor Signals Supported by Insights from the Financial Times, the Africa Report, and Daily Trust The News Unrest and looting has spread across parts of Nigeria as sky-high prices from the country’s inflation crisis have led to millions of people being unable to access affordable food. Police have been deployed to protect grain stores, some […]
Pataskala’s housing boom is continuing in 2024. The Pataskala Planning and Zoning Commission unanimously approved the first phase of a 153-home subdivision on Refugee Road at its meeting Wednesday. The subdivision is part of a larger development called Hazelton Crossing, on the northwest corner of Ohio 310 (Hazelton-Etna Road) and Refugee Road. A map shows […]
Attack drone operators from the Presidential Brigade of the Armed Forces of Ukraine have hit nine units of Russian equipment in one day, striking warehouses on the Tavriia front. Source: Presidential Brigade of the Armed Forces of Ukraine Details: The Bulava attack drone operators from the 3rd Mechanised Battalion of the Presidential Brigade on the […]
Bulgaria has begun sending 100 armoured personnel carriers to Ukraine from the warehouses of the Ministry of Internal Affairs. The agreement on delivering them was signed last year. Source: European Pravda referring to Bulgarian Defence Minister Todor Tagarev Details: The photos of the APCs were signed by the Minister: “The operation is ongoing. The Ministry […]
Solar panels operate at Mohammed bin Rashid Al Maktoum Solar Park as Dubai, United Arab Emirates hosts the COP28 U.N. Climate Summit, on Monday, Dec. 11, 2023. Solar is now the cheapest form of electricity in a majority of countries.AP Photo/Joshua A. Bickel The US and European Union are seeing solar panels pile up amid […]
Satellite images have confirmed a Ukrainian strike damaged ammunition warehouses in occupied Crimea on Jan. 4, Ukraine’s military intelligence (HUR) reported on Jan. 6. The Strategic Communications Directorate of Ukraine’s Armed Forces announced on Jan. 5 that Ukrainian forces had struck Russian ammunition warehouses in northern Crimea the previous day. The satellite image shared by […]