Hyundai Plans a New EV Plant in Georgia

Hyundai Motor Group plans to build a $5.5 billion electric car plant near Savannah, GA. The plant will have a production capacity of up to 300,000 vehicles per year in 2025.

The state of Georgia would provide Hyundai with tax breaks and other incentives in exchange for at least 8,100 jobs.

A new US plant may also help boost Hyundai’s EV sales. The Inflation Reduction Act, which U.S. President Biden is expected to sign into law the week of August 15, 2022, […]

By |2022-08-14T23:45:03+00:00August 14, 2022|Tags: , , |

Fertilizer Shortages Could Predict Global Food Crisis

Dairy famers and others with large piles of animal manure are sitting pretty as this once hard-to-unload commodity is now fetching a hefty price.

The cost of commercial fertilizers is soaring amidst global shortages worsened by Russia’s war on Ukraine, and agricultural farmers around the world are frantically seeking less expensive or more readily available alternatives.


Video Spotlight:  

Why Child Labor Continues in the Chocolate Industry

Despite pledges by the global cocoa industry to eliminate the use of child labor by 2020, the number of children employed in such work appears to have actually increased in countries like Cote d’Ivoire and Ghana.

Mondelez International, formerly known as Kraft Foods, owns Cadbury. Fresh allegations and video footage depict children working to farm the cocoa that many enjoy during Easter, even though Mondelez decries the use of child labor and has programs in place to prevent it.

This difficult problem […]

For General Mills, Shortages Lead to Price Increases

Ongoing supply chain issues have created material shortages and rising input costs for General Mills.

Disruptions of materials such as fats, oils, starch, and packaging have made it difficult to keep up with demand for General Mills’ ready-to-bake products, pizzas, and hot snacks.

General Mills resorted to changing its recipes to keep products on shelves.  Increased labor, transportation, and raw and packaging materials costs mean that the company will charge customers more for its products.


Video Spotlight:  

Go to Top