Economic expansion

New Study Shows Enbridge’s Line 3 Replacement Project Generated Billions in Economic Impact

Retrieved on: 
Wednesday, July 20, 2022

The Area Partnership for Economic Expansion (APEX) is pleased to share the results of a recently completed economic impact study regarding the Enbridge Line 3 Replacement Project (L3RP).

Key Points: 
  • The Area Partnership for Economic Expansion (APEX) is pleased to share the results of a recently completed economic impact study regarding the Enbridge Line 3 Replacement Project (L3RP).
  • The project surpassed all economic impact projections and created family-sustaining jobs for many Minnesotans.
  • The 2017 pre-construction study estimated that the project would create approximately 8,600 jobs and represent an investment of over $2.0 billion.
  • Replacing the Line 3 pipeline was critical to ensuring the safest and most reliable method of transporting crude oil through Minnesota.

XCMG Sends Off 400 Units of Flagship Products to Countries of the Belt and Road Initiative

Retrieved on: 
Tuesday, March 2, 2021

XUZHOU, China, March 2, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has sailed off more than 400 units of construction machinery equipment on February 18 from China, which will be arriving in countries of the Belt and Road Initiative (BRI) including Southeast Asian countries and Russiashortly.

Key Points: 
  • XUZHOU, China, March 2, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has sailed off more than 400 units of construction machinery equipment on February 18 from China, which will be arriving in countries of the Belt and Road Initiative (BRI) including Southeast Asian countries and Russiashortly.
  • XCMG has achieved continuous success in the markets of BRI's participating countries since 2013, providing world-class products and technical support to clients worldwide.
  • "In recent years, XCMG actively supports our overseas allies in speeding up their infrastructure construction.
  • XCMG also solved the technical bottleneck of multi-cylinder sequential expansion and contraction, which ensures stable and powerful horizontal expansion and contraction.