Wednesday, February 17, 2016

Alabama company gets U.S. permission to build tractors in Cuba | Reuters

Alabama company gets U.S. permission to build tractors in Cuba | Reuters: "The U.S. government has granted an Alabama company permission to build tractors in Cuba, one of the company's co-owners said on Monday, making it potentially the first American manufacturer to open shop in Cuba since the 1959 revolution.

Co-owners Horace Clemmons and Cuban-born Saul Berenthal plan to self-finance a $5 million to $10 million factory at the Cuban port of Mariel just west of Havana to build small tractors for sale to private farmers and builders in Cuba. Named "Oggun" after the god of iron in the Afro-Cuban religion Santeria!"  'via Blog this'

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