Indian radial tire maker JK Tyre & Industries Ltd. has announced the completion of the first phase of capacity expansion of its manufacturing facility in Banmore, Madhya Pradesh.
T he International Development Research Council’s Annual Survey of Corporate Real Estate Practices is a one-of-a-kind resource for tracking corporate real estate and facility management trends. Since first conducted in 1993, the survey has provided insights into how these corporate functions and their service providers operate. Here’s a survey nugget for […]
Approximately 70 percent of the nation’s goods are transported by truck, and the cost of this mode of transportation is heavily dependent on the price of oil ($80/bbl at this writing), increases in which quickly ripple through to the cost of gasoline or diesel fuel.
With the current cost of gasoline around $3.53/gallon and the cost of diesel fuel around $3.72/gallon (as reported by EIA), the cost of transporting products remains an important factor in many manufacturing location decisions. Transportation costs also play an important role in consumer, business and government budgets as well.