Automotive parts supplier Magna International formed a joint venture (JV) in China to make composite liftgates for a global automaker’s crossover vehicle commencing in late 2018. The JV with Guangzhou Automobile Group (GAC) ...
Tags: Magna, Chinese Automaker
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
UK-based drinks manufacturer and distributor Global Brands has reported a 16% increase in its annual sales for the year ending 30 September 2017. The company's turnover was £42m for the financial year. Gross profit went up to ...
Tags: drinks, alcoholic drink
RPC M&H Plastics has developed new packaging solution for 83 ASSOCIATES's new baby care products under the Q7Paris brand. Q7Paris is a fast-growing UK skincare brand that offers premium, effective yet affordable high-quality cosmetics and ...
German automotive manufacturing firm Continental has agreed to establish a joint venture (JV) with China’s CITC to manufacture 48-volt battery systems. The companies, via their respective subsidiaries, will set up the JV for the ...
Tags: automotive, Continental
Kraft Heinz has launched a new platform, called Springboard, which seeks to partner with and incubate fast-growing, disruptive brands. The platform is dedicated to nurturing, scaling, and accelerating growth of disruptive US brands within ...
Tags: Kraft Heinz, Incubator
On the continuously expanding global economy, Taiwan's overall export orders received in January are expected to witness the 18th consecutive month of growth and show a double-digit rate in terms of value. After finishing its survey on ...
Tags: ICT industries, electronic
Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks. Financial terms of the transaction have not been disclosed by the ...
Tags: Nestle, Organic Food
Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...
Tags: Volvo, Car Assembly Operations
Friends Beverage Group from Florida, announced the arrival of its highly innovative line of wine drinks, branded "FRIENDS FUN WINE," on five continents. With six delicious and bold flavors, this fast growing flavored wine drink has been a ...
Tags: wine drinks, Beverage
Eastside Distilling, a producer of award-winning craft spirits, has launched new canning line of Ready-to-Drink (RTD) products, primarily designed for the wine and pre-mixed alcoholic drink industry. The custom built canning line is ...
Tags: Eastside Distilling, craft spirits
PET packaging company Petainer has established an independently operating business in Brazil in line with its expansion plans for the Latin American region. Through its one-way PET kegs innovation, dubbed petainerKeg, the company is ...
Tags: PET Packaging, packaging
Lacerta Group, a US-based plastics thermoformer company, has expanded its Fresh n’ Sealed anti-tamper food packaging range to applications beyond cold foods by using Milliken’s NX UltraClear polypropylene (PP). It uses US ...
Tags: polypropylene, Lacerta, Food Packaging
In booth 1H2-01 at the CommunicAsia 2017 event in Singapore (23-25 May), Advantech Wireless Inc of Montreal, Canada (which manufactures satellite, RF equipment and microwave broadband communications systems) has launched the SSPB-3010Ka ...
Tags: Advantech Wireless, upconverter
Amber Beverage has acquired a minority stake in UK alcohol distributor Cellar Trends. Amber Beverage Group confirmed that the investment is of a strategic nature and that management and operational control of Cellar Trends will remain ...
Tags: Amber Beverage, alcohol