Air conditioner, refrigerator makers increase production to full capacity

Ruud Gullit4 years ago05 mins

Manufacturers of air conditioners and refrigerators have increased production to full capacity from 60-70% till two weeks ago amid a surge in demand triggered by the heatwave in several parts of the country and pent-up demand of the last two summers, which were impacted by the Covid-19-induced lockdowns. Companies such as Voltas, Haier, Godrej Appliances…

Farm equipment makers cut pre planting season production as U.S. inflation bites

Ruud Gullit4 years ago05 mins

By Bianca Flowers (Reuters) – Howard Dahl stopped taking farm equipment orders from customers as a shortage of parts and labor and escalating inflation threatened profits for his North Dakota-based firm Amity Technology. He did so even as high crop prices suggested strong demand for the sugar beet and silage machinery his company makes ahead…