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4 Under the Radar Basic Materials Stocks to Buy to Battle Rising Inflation

A robust economic recovery outlook has unleashed a manufacturing boom so far this year, making the backdrop favorable for basic materials stocks. Prices of basic materials have been on the rise, backed by strong demand from industrial activities. Amid this environment, we think investors should bet on companies in the basic materials space that possess strong enough pricing power to combat any downturn caused by rising inflation. We believe under-the-radar basic materials stocks Tredegar Corp (TG), CRH Plc (CRH), LyondellBasell Industries (LYB), and Vedanta (VEDL) possess that characteristic and are worth adding to one’s portfolio now. Let’s take a closer look. ....

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Terre Haute manufacturer continues to grow under new ownership


By Syndicated Content
May 7, 2021 11:14 AM
TERRE HAUTE, Ind. – Fitesa, a Brazil-based manufacturer of nonwoven hygiene and health care products, announced plans today to expand its new Indiana operations, creating up to 34 new jobs in Terre Haute by the end of 2022.
“We are delighted that Fitesa, a new member of our local manufacturing community, is making such a significant investment in its Terre Haute facility,” Terre Haute Mayor Duke Bennett said. “We look forward to working with Fitesa as it grows its local manufacturing footprint.” 
The company, which is headquartered in Porto Alegre, Brazil, acquired Terre Haute-based Tredegar Corporation’s personal care films business in November 2020, retaining 113 employees. Now, Fitesa is investing more than $19.2 million to add new equipment, upgrade existing production lines and improve the former Tredegar Corporation site at 3400 Fort Harrison Road, enabling the company to increase its Indiana cl ....

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