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He must find a way to shrink the finance unit's balance sheet (freeing up cash for the parent to use for product development and for possible factory closings and job cuts) while keeping the profit engine from conking out.
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What modifications do police departments in the US typically make to factory cars purchased for use as a police cruiser?
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Sudan is "fully prepared to provide information to the Council, or to any other body mandated by it" to show that the factory was producing medicines for human and veterinary use.
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Today, a corporation can borrow money on the U.S. bond markets and then, for example, use the proceeds to buy a factory in Canada, where corporate taxes are lower.
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In October, LG Chem workers told a local television reporter they play games and watch movies because the factory has yet to produce a single battery for consumer use.
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The company will continue to use the factory to run a recycling scheme for printer cartridges as well as to make other office technology.
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The company is seeking to use only 50 percent of the factory production lines for six months, said company spokesman Alan Bernheimer.
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Even the car industry, which pioneered factory robots and which still accounts for some 60% of their use, now makes different models on the same assembly line.
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If labor costs can be reduced by employing more robots in the factory, and if its feasible for a company like FoxConn to use such a large number, it begs the question of why Western companies might continue outsourcing.
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