In a sector as complex and capital-intensive as oil and gas, the decision-making process surrounding supplier selection is pivotal to operational success and long-term competitiveness. At the core ...

We are convinced that the process of evaluating bids was conducted fairly and in accordance with applicable laws. In selecting the supplier, the key factors were the availability of reasonably priced ...

Rivian, which is gearing up to launch its new midsize R2 electric SUV, is building a $120 million supplier park near its Normal plant to facilitate increased production. The announcement Monday ...

Rivian is expanding again in Illinois, adding a supplier park to its factory in Normal where it makes electric vehicles. The company plans to invest $120 million in the project and add nearly 100 ...

The Transformation Fund was a voluntary fund that aimed to improve the impact of broad-based black-economic empowerment and enterprise and supplier development (ESD) spending by companies ...

(Reuters) - Rivian said on Monday it would invest $120 million to build a supplier park near its plant in Illinois, as the electric vehicle-maker gears up to produce its smaller, more affordable ...

This growth has been recognized by industry, including the Small Business Administration (2025 Manufacturer of the Year for Connecticut) and Greater New England Minority Supplier Development ...

Irvine-based Rivian Automotive is investing $120 million in a new supplier park in Illinois, another win for Governor JB Pritzker after the company announced a $1.5 billion plan to expand its ...

It is commendable that the fund is anchored by private and public sector contributions to the enterprise supplier development and equity equivalent investment programme obligations." ...

Regular communication with product development helps a procurement team anticipate future needs, allowing strategic supplier selection and favorable pricing discussions well before urgent ...