As anti-dumping duties remain high in Brazil, Hyundai Heavy Industries Ltd. has inaugurated its first plant there. The $175-million invesment is also Hyundai's first outside the Asian continent.
Opened last month and located in Itatiaia, the unit will produce 3,000 machines annually. By the end of 2014, the goal is to reach 4,000 units a year.
The 1,070-ft-tall Salesforce Tower development, nearly derailed by the Great Recession, is approaching completion in San Francisco.
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