Xebec Realty Partners Inc. has started work on what brokers said is the largest single industrial project to break ground in the South Bay since 2007, a $50-million complex in Torrance.
A former plastic manufacturing plant in Torrance was purchased by real estate investment firm Hagar Pacific Properties, which expects to see the 28-acre site converted to an upscale industrial and office park in the years ahead. Read Post
Glencore and its partner in Congo are ploughing $360 million (R3.9 billion) into refurbishing the African nation's main hydroelectric plant as mining companies seek ways to overcome power shortages that are holding back projects. ||... Read Post