Global Banking News-October 23, 2017--Avaloq looking to expand into Asia
Swiss fintech company, Avaloq, has announced plans to expand into Asia.
DafMex (Dameron Alloy Foundries in Mexico), Mexicali, Mexico, poured its first casting in May, and has continued to produce stainless steel components for the pump and valve markets with plans to expand into
other alloys and markets.
The new building will allow the company, which manufacturers and distributes plumbing parts for heating systems, to expand into
the repair of air conditioning pumps and motors.
Many businesses are choosing to relocate or expand into
renovated, historic buildings.
Upon consummation of this first round of financing, 2dmkt.com plans to expand into
other secondary market trading areas.
With plans to expand into
a larger space in less than a year, TeknoSurf expects to employ at least 15 people in its New york City office.
recently completed two separate but related real estate transactions that will enable its client, Time, Inc., to initially occupy approximately 1.75 million square feet and ultimately expand into 2.6 million square feet of modern, redesigned and reconfigured offices under essentially one roof in the heart of Midtown Manhattan's corporate corridor.
The new stack will include buffer space by placing departments that can easily be relocated, such as corporate administration functions, between the large magazine groups so that the units can expand into adjacent space more easily.
In other promising news, the venerable Coffee Shop eatery will expand into
Union Square Park this year; Toys 'R' Us has leased the 40,000 square-foot former Kiddie City site at Union Square East and 16th Street; and Bradlee's, the giant discount department store, has committed to open at the former May's Department Store site on 14th Street.