Why the U.S. Approval To Build Tractors in Cuba is Important
It is likely the first American manufacturer to open shop in Cuba since the 1959 revolution. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) approved co-owners Horace Clemmons and Cuban-born Saul Berenthal to build a factory at the port of Mariel (a tree trade zone west of Havana). The factory is intended to … Read more
