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It would use a new factory outside Beijing, where the established Beijing Jeep joint venture is relocating its production line.
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DuPont, rather than use an alternative compound, built a new factory in Fayetteville, N.C., to manufacture the substance for its own use.
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Examples of investments include materials or contracting services used when a business builds a new factory, equipment purchases and software to help a business run efficiently.
But using shares from the corporate treasury lets the company avoid using cash, which can then be used to buy new computers or open a new factory.
And for companies that see promising opportunities, the booming stock market and low interest rates mean that capital is readily available on favorable terms already; it's not clear why a company would invest in a new factory, for example, using repatriated overseas profits but not use money borrowed at a low interest rate by issuing bonds.
Next month, a company he founded with his former postdoc, Oliver Peoples, will open a new factory that uses MIT-patented technology to build plastic from corn.
He's used half the $42 million IPO proceeds to build a new factory that will produce exclusively for export.
The plant, one of the biggest in the world, had been built to power a fertiliser factory using a new production process that needed a lot of hydrogen.
Initially Ford used its factory as an assembly plant for the Model T, although other vehicles were assembled there in later years, before moving to a new factory at Dagenham, Essex, in 1931.
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