SINGAPORE (Sept 24): While watching the markets react to the escalation of the US-China trade war this past week, I stumbled over a small news story that I doubt many people noticed. A unit of Compagnie de Saint-Gobain, a French MNC, which is part of the Euro Stoxx 50 index, is spending US$26 million ($35.5 million) to build an 88,000 sq ft facility in a little town called Beaverton, in the US state of Michigan, to produce components and assemblies for its customers in the pharmaceuticals industry.

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