Rivulis Expands North American Footprint with New Factory in Tijuana, Mexico

2022-04-21 06:11:18 By : Mr. Scott Su

SAN DIEGO , April 7, 2022 /PRNewswire/ -- Rivulis, a global leader in micro irrigation solutions offering the broadest portfolio in the market, announced today that it is expanding its North American footprint with the establishment of a new, state-of-the-art factory. The new facility will allow for the needed capacity expansion to better serve the strategic North American agricultural market and also for streamlining its North American manufacturing capacity.

The plant will be located a few minutes south of the San Diego border, in Tijuana, Baja California , and a few miles from Rivulis North American Headquarters in San Diego, CA , where Rivulis will maintain its Management, Quality, Global Engineering and R&D teams. The plant is ideally located to address Rivulis key markets in USA, Canada and Mexico .

"This multi-million dollar investment highlights our long term commitment to the North American market. Rivulis is poised to continue to grow and to become the premier drip irrigation solutions provider in North America and beyond. We are committed to our corporate mission of Making Micro Irrigation Accessible to growers and to helping them Grow Beyond." says Fabien Kelbert , President of Rivulis North America.

The new Rivulis factory is central to the Rivulis business and global footprint strategy and applies the same high quality standards and innovative manufacturing processes.

"We believe by bolstering our capacity and by adding state-of-the art innovative technologies in manufacturing, we will be better positioned to serve our customers, increasing our availability and making our product more accessible to all growers in North America and beyond" – added Kelbert.

About Rivulis Rivulis is a global micro irrigation leader focused on enabling and promoting a sustainable agri-food supply chain to not only feed our planet but also save it from the perils of climate change.

Rivulis offers the most innovative irrigation solutions for seasonal, permanent, and protected crop environments, through its 3 product and service portfolio brands: Rivulis, Eurodrip & Manna. Established in 1966, Rivulis has 16 large-scale manufacturing sites located across 6 continents, 3 R&D Centers (Israel , California , and Greece ) and multiple Irrigation Project Design Centers around the globe. Rivulis is backed by Temasek under its Environmental, Social and Governance (ESG) framework.

Leading the mass adoption of micro irrigation globally, Rivulis is committed to increasing accessibility to all growers everywhere through simple, affordable and smart technology covering the full cycle from design to harvest. To learn how Rivulis can help you GROW BEYOND your highest expectations season after season, visit www.rivulis.com.

For Questions regarding this information, please contact Ze'ev Barylka, Chief Commercial Officer at zeev.barylka@rivulis.com or (858) 431-6851

View original content to download multimedia:https://www.prnewswire.com/news-releases/rivulis-expands-north-american-footprint-with-new-factory-in-tijuana-mexico-301519682.html

(Bloomberg) -- Russia’s state oil producing giant Rosneft PJSC surprised traders in Europe and Asia with offers to sell large amounts of crude at speed, as well as setting out significant changes to the payment process for at least some of the cargoes.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Craters After Shock Subscriber Drop, ‘About-Face’ on AdsUkrainian Troops Risk Being Encircled in New Russian OffensiveIn Defense of Elon Musk's Mana

Tesla reported a stunning profit, even after excluding regulatory tax credits, as demand continues unabated after a price hike.

As Netflix searches for new subscribers amid a big downturn, the streaming giant is looking to end password sharing.

Netfix (NFLX) shares are tanking 35% on Wednesday afternoon, their worst daily performance since 2004 after an unexpected decline in first-quarter net subscribers.

(Reuters) -Oil prices firmed in choppy trade on Thursday as concerns about supply due to a potential European Union (EU) ban on Russian oil came to the fore, days after diminished supplies from Libya rocked the market. Brent crude futures rose 97 cents, or 0.91%, to $107.77 a barrel at 0437 GMT. U.S. West Texas Intermediate (WTI) crude futures gained 86 cents, or 0.84%, to 103.05 a barrel, adding to a 19 cent gain in the previous session.

(Bloomberg) -- China more than doubled imports of steel-making coal from Russia in March, procuring the fuel at a discount as other nations move to ban deliveries due to the war in Ukraine. Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Breaks Its Own Rules After Subscriber Losses Batter SharesIn Defense of Elon Musk's Managerial ExcellenceUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China St

(Bloomberg) -- Qatar is sounding out buyers about a further expansion of its liquefied natural gas capacity, according to people familiar with the matter, as Europe rushes to secure supplies in the wake of Russia’s war in Ukraine.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China Stands With

Who joins GOOGL stock and Microsoft on this screen of Warren Buffett stocks based on the investing strategy of the Berkshire Hathaway CEO?

Runaway inflation and supply chain disruptions have pushed commodities higher and higher, and now commodity shipping stocks are exploding, as well

The energy sector is composed of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Energy sector stocks include upstream companies that primarily engage in the exploration of oil or gas reserves, such as Devon Energy Corp. Downstream companies include Marathon Petroleum Corp., which refines and processes oil and gas products for delivery to consumers. Among the industry's biggest players are Chevron Corp. and ExxonMobil Corp.

(Bloomberg) -- U.S. natural gas is on a tear. Prices have almost doubled this year to the highest since the shale revolution more than a decade ago, driving up energy costs and helping fuel the fastest inflation in 40 years.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China Stands With Mosco

(Bloomberg) -- Oil gained as a series of challenges to supply eclipsed concern about the lingering threat to energy demand from lockdowns in China.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveAckman Loses More Than $430 Million on 3-Month Netflix BetUkraine Update: Mariupol on Brink; China Stands With MoscowWest Texas Interme

When restaurants -- or really, any business -- sets prices, they take several factors into consideration. First, there's the cost of goods and labor used to create their menu items and serve the food....

Predictions about more competition for Tesla are a little like Elon Musk’s predictions for fully autonomous cars. Shares of Netflix are in a deep, deep hole. The company’s market capitalization is now less than $100 billion, down from a peak of more than $300 billion.

Just Eat Takeaway completed the acquisition of Grubhub for $7.8 billion in June 2021. But now, orders in the US has dropped.

Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been the least profitable parts of the barrel instead of the most profitable. That is unusual and exemplifies the topsy-turvy nature of the global oil markets. Refining crude oil into diesel or jet fuel is currently more profitable than making gasoline due to an inventory squeeze in Europe following sanctions on Russia.

Netflix reported that it lost 200,000 subscribers in the first quarter and expects to lose another 2 million in the second quarter.

Despite some headwinds in Asian markets, Middle East producers continue to hike OSPs as Europe considers a full oil embargo on Russian crude

The plant, which is being built by the LG Magna e-Powertrain joint venture, will make EV motors, inverters and on-board chargers. GM said a year ago that it planned to invest more than $1 billion in its Ramos Arizpe assembly plant, which will begin building EVs in 2023. GM's Ramos Arizpe plant currently builds the gasoline-powered Chevrolet Equinox and Blazer SUVs.

The technology sector is composed of businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world, such as Apple Inc., Microsoft Corp., and Amazon.com Inc. Tech stocks, represented by the Technology Select Sector SPDR Fund (XLK), have slightly underperformed the broader market over the past year.