He also plans to start raising private money for the second factory in the second half of this year since the loan guarantee, which will translate into a government loan, will cover roughly half of the cost of building and outfitting the factory.
Private surveys of purchasing managers showed both factory and service activity holding steady in May.
Official figures show investment by the private sector in fixed assets such as factory buildings and machinery grew nearly threefold between 2000 and 2005 (see chart).
Boeing cut the cost of making fuselages by selling a factory in Wichita to a private-equity consortium, which drastically cut costs.
ECONOMIST: The turbulent aircraft-maker tries to slow its descent
But, at bottom it is a replica of America in an earlier stage, where ordinary factory workers borrowing very little from private sources at very high rates of interest, became financially independent entrepreneurs.
In fact, many of us are investing in the most private form of "between" there is: the oxytocin factory known as romantic intimacy.
The factory is one of Durham's largest private sector employers.
The 60-year-old Song has been able to surpass many of them, thanks in part to a meeting at his factory in 1999 with Rachel Chiang, a private equity specialist on the prowl for investments.
Art Factory is an art-themed hostel with more private rooms than dorms.
The economy even outperformed the rest of the UK in growth and factory output - an impressive boast, considering that political uncertainties have held back growth of private companies.
Boeing has also outsourced some work in Kansas, after selling one of its main factories to a Canadian private-equity firm, from which it buys fuselage sections at lower cost than when it owned the factory.
The surprise slow-down in the euro zone private service sector was met with similar results in manufacturing, which dropped below expectations to 48.4 in the factory index from 49.0 in August.
应用推荐