John Deere future generation excavators previously produced in Japan will be manufactured at a $70 million factory in North Carolina, the company said Tuesday. Kernersville, a Forsyth County community off Interstate 40 between Greensboro and Winston-Salem, will be the new home with an expected employment of 150 workers. In May 2024, county commissioners approved an incentive package for the company over five years valued at $944,006. At the time, average annual wages were projected to eclipse $64,000. Economists are historically skeptical on average wage comparisons because salaries of a few…
Posts published in “Business”
Japan elevated its Silk Road diplomacy with Central Asia in 2025 by launching an AI cooperation partnership focused on governance, training and institution-building rather than infrastructure. By embedding AI into public administration, logistics and customs systems, Tokyo is reshaping how Central Asian states define efficiency, risk and compliance. The strategy offers capacity gains but risks entrenching external administrative frameworks. Japan introduced the notion of ‘Silk Road diplomacy’ in 1997 to describe its approach to cooperation with Central Asia. But Japan’s engagement with the region was only elevated to heads-of-state level…
Eve Air Mobility, an Embraer subsidiary that develops electric vertical takeoff and landing (eVTOL) aircraft, announced the sale of two vehicles to the Japanese company AirX, which operates in air transport and currently uses helicopters. The contract may be expanded, as it includes an option to purchase up to 50 units. With deliveries scheduled for 2029 and operations planned in Tokyo and Osaka as last-mile vehicles for tourist routes, the sale marks the company’s first in the Asia-Pacific region. Embraer and Eve are participating in the Singapore Airshow, one of…
Japan is spending five weeks mining the seafloor. It is a technological milestone — and a stress test for how nations balance geopolitics, clean energy demand, and environmental risk. The year 2010 was a reckoning for Japan’s economic security. On September 7, the Chinese fishing trawler Minjinyu 5179 refused an order by Japan’s coast guard to leave disputed waters near the Senkaku Islands, which are known in China as Diaoyu. The vessel then rammed two patrol boats, escalating a decades-long territorial feud. apan responded by arresting the captain, Zhan Qixiong,…