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Chrysler pledges $550M to build Fiat 500 in Mexico
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MEXICO CITY -- Chrysler Group LLC says it will invest $550 million to build the Fiat 500 minicar at its assembly plant near Mexico City.

Chrysler CEO Sergio Marchionne says the new work at its Toluca plant will create 400 jobs. He said Monday the company will begin making the model in December for U.S. and Latin American markets.

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Teledyne Technologies to Present at Cowen's Aerospace/Defense Conference on February 10
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THOUSAND OAKS, Calif. -- (BUSINESS WIRE) -- Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at Cowen and Company’s 31st Annual Aerospace/Defense Conference on Wednesday, February 10, at 11:55 a.m. (Eastern) at the InterContinental The Barclay New York in New York City.

A live webcast of Teledyne Technologies’ conference presentation may be accessed via the company’s website at www.teledyne.com. In addition, Teledyne Technologies’ latest investor presentation will be publicly available on the company’s website.

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Reinventing the Manufacturing Industry
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Imagine

…If an operator knew when a production process was unstable and fixed it immediately.

…If a machine automatically shut off or alerted someone when there was a setup error.

…If an error could be predicted before it even happened.

 

Every so often a technological breakthrough reinvents the way manufacturing is done. We introduced the assembly line in the early 1900’s which permitted mass production of products at a fraction of the cost; we had the invention of robotics in the mid 20th century which assured accurate and reliable performance levels at increased speeds; and now we have process monitoring systems, an advanced technology which will again reinvent this age old industry.

 

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Mexico Ranked 8th Foreign Direct Investment Destination
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By Paul Kiernan 
Of DOW JONES NEWSWIRES

MEXICO CITY (Dow Jones)--Mexico has moved back into the world's top-10 most attractive countries for foreign direct investment as U.S. companies seek low-cost production closer to home, consulting firm A.T. Kearney said Monday.

Mexico's attractiveness for investment ranks 8th worldwide this year, up from 19th at the end of 2007, according to A.T. Kearney's FDI Confidence Index for 2010, which is based on a survey of global business executives.

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