US-based Rice Lake Weighing Systems’ division Rice Lake Weighing Systems Europe in The Netherlands has acquired the belt-scale manufacturer Master Engineering. Rice Lake, which will continue manufacturing as usual, will relocate its ...
Laurent Lamothe, the Prime Minister of Haiti, has urged Brazilian companies operating in the textile and garment sector to invest in Haiti. Paying an official visit to Brazil, Prime Minister Lamothe met Mr. Paulo Skaf, president ...
Tags: Haitian PM, Apparel, Brazilian
Toshiba International Corp. is acquiring all assets and intellectual property of Hamilton, Ont.-based Elettra Technology Inc. (ETI), a manufacturer of custom electrical industrial motors. "We at Toshiba International look forward to the ...
Tags: Toshiba, Elettra Technology
Dick’s Sporting Goods reported net income of $60.5 million for its fiscal first quarter ended May 4, up 5.8 percent from the comparable period in 2012. Net sales rose 4.1 percent to $1.3 billion, while consolidated same-store sales ...
Tags: Net Income, Transportation, Dick
SAP’s co-CEO, Jim Hagemann Snabe, has responded to analyst Forrester’s criticisms following the launch of HANA enterprise cloud, claiming that it is a logical business model because customers want to control their core ...
Tags: SAP, HANA Cloud, Computer Products
The state of Connecticut is considering a $3 million loan to help relocate Cannondale Sports Unlimited — the new name for what was formerly known as Dorel's Recreation/Leisure division. Gov. Dannel Malloy announced Tuesday that the ...
Tags: Dorel Division, bike
The denim manufacturers of the US are planning to relocate production base to Mexico since the European Union has tripled the import tariffs on ‘Made in US’ women’s denim trousers. Last Month, European Commission ...
Tags: Denim Maker, Apparel
Augmenting its retail development team, Giant USA has promoted Josh Fonner to West regional retail services manager. In his new role, Fonner will work to build new Giant Retail Partnership (GRP) businesses in the Western half of the U.S. ...
Tags: Giant Retail Partnership, GRP
Textile employers in Kenya are unhappy over the 14 percent increment in minimum wages announced by the Government on May 1, 2013. Speaking to media, Chairman of Kenya Association of Manufacturers (KAM), Polycarp Igathe, said that any ...
Tags: Textile, Textile employers
Many U.S. tech companies are pushing hard this year for an increase in the number of high-skill immigrants allowed into the country, but many veteran IT workers question their motives for wanting to increase the number of visas under the ...
Tags: Tech Firms, iT Veterans
Global apparel buyers expressed their concern over frequent accidents in the country's apparel sector, including the latest Savar tragedy, and demanded coordinated efforts from the government and apparel leaders to ensure safety. We are ...
Tags: Bgmea, Savar Like Tragedies
Google has purchased news streaming provider Wavii, the start-up's CEO has confirmed, as it immediately shut down its service before being incorporated into the world's number one web firm. The deal, worth an estimated $30m (£18m), ...
Tags: Google, Wavii News
Longtime exhibitor Surya, along with Palecek, Moe's Home Collection, Andrew Martin International, Cisco Bros., Luna Bella and Terra Sur, will anchor a new floor of permanent home décor showrooms at the Las Vegas Market. The new ...
Tags: Las Vegas Market, Furnishing
Argex Titanium Inc. is pleased to announce the establishment of a fully comprehensive Research and Development Centre (“R&D Centre) at its recently announced facility in Salaberry-de-Valleyfield (Valleyfield), the planned site of its ...
Tags: Argex, Argex Titanium, Construction
Lloyd's insurer Ascot Underwriting has established a new office at One Bryant Park in New York, US, which will be led by Ascot Fac chief underwriting officer Paul Amrose. Amrose and his team will relocate from Hartford to the new office ...
Tags: Lloyd's insurer, Ascot, Fac business