Berkshire Hathaway Inc., which has struck deals to expand its utility business in Nevada and Western Canada, plans more investment in the industry, in part by betting on renewable power, Chairman Warren Buffett said.
Shaw Industries Group, the carpet maker owned by Warren Buffett’s Berkshire Hathaway Inc., opened a 210,000-square-foot (20,000-square-meter) plant in Nantong, China, to expand sales in the world’s most populous nation.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said he’s open to the possibility of his company eventually becoming more involved in housing finance once U.S. lawmakers resolve the future of Fannie Mae and Freddie Mac.
A Berkshire Hathaway Inc. building- materials unit said it voluntarily stopped shipping some flooring products to Canada after discovering the nation doesn’t allow importation of goods made with prison labor.
Royal DSM NV may take on partners for some caprolactam operations in North America and Europe as it moves away from low-margin commodity chemicals used in basic plastics, Chief Financial Officer Rolf-Dieter Schwalb said.