Singapore-based Neo Group is planning to acquire surimi-based seafood products manufacturer Thong Siek Holdings (TS Group) in the country. The company will acquire 55% stake in TS Group in a deal worth $5.55m, DealStreetAsia reported. ...
Tags: Surimi-Based Foods, Neo Group
Manufacturer of wooden pallets and crates Depin will open a new facility at the Port of Kalama, US, in June. The firm has taken 12,000ft2 on lease at the port, where it will also shift its headquarters from Salem, Oregon. Depin owner ...
Tags: Depin, Ecocrate Operations
Recycled polyethylene terephthalate (rPET) manufacturer Phoenix Technologies International is expanding its facility at Bowling Green in the US state of Ohio to add a new wash line. The new line will enable the firm to expand into ...
Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
Germany-based Optima Packaging Group has developed a new modular carton cans line that provides benefits in logistics. The new Inline Cans can be made, filled and closed in a single process, avoiding the transport of empty cartons to ...
Tags: Optima Packaging, Carton Can Line
German automobile manufacturer Audi will launch Audi R8 featuring V10 engine which will be available on order across Europe. The new sports car Audi R8 will be available in two versions: Audi R8 V10 plus and Audi R8 V10. It features ...
Tags: Audi R8, V10 engine
Viper enthusiasts with the need for ultimate handling, performance and road course domination, as well as the ability to drive their Viper home from the track, can now place their orders for the fastest street-legal Viper track car ever. ...
Tags: Dodge Viper ACR, track car
Chinese carmaker Beijing Auto International Cooperation (BAIC) is betting big on Malaysia to promote it as the hub for electric vehicles to tap the Southeast Asian market. BAIC has already inked a cooperation pact to this effect with ...
Tags: Electric Vehicle, BAIC, electric vehicles
Net sales for the first quarter ending March 31, 2015 slipped 9 per cent over the prior year first quarter at American Apparel, Inc., a manufacturer, distributor and retailer of branded fashion basic apparel. An American Apparel press ...
Australian frozen dessert and beverage manufacturer Frosty Boy is expanding its ‘The Art of Blend’ beverage range with a new Decadent Milk Chocolate flavour. The company has said they are launching the new flavour after ...
Tags: Beverage Range, Frosty Boy, frozen dessert
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, US is shipping production volumes of its ACA1216 surface-mount line amplifier to Applied Optoelectronics Inc's China subsidiary Global Technology, ...
Tags: Anadigics, CATV Infrastructure
Daimler Trucks North America (DTNA) has introduced the Freightliner Inspiration Truck, the first licensed autonomous commercial truck to operate on an open public highway in the US. The company secured a license from the Nevada Department ...
Tags: Daimler Trucks, Commercial Truck
Ford is planning to offer 2016 F-150 powered by clean, low-cost compressed natural gas (CNG) or propane, a move that makes Ford the only manufacturer of a CNG/propane-capable half-ton pickup. The 2016 Ford F-150 with five liter V8 ...
Tags: Ford, CNG Powered Truck, Ford Truck
Tesla Motors is acquiring US-based stamped parts manufacturer Riviera Tool for an undisclosed amount The company is looking at increasing the production of its Model S electric sedan and new luxury electric crossover, the Model X and ...
Tags: Tesla Motors, Stamped Parts
Partnering with Toray Fluorofibers and fire garment manufacturer Majestic Fire Apparel, Victaulic, a producer of mechanical pipe joining technology developed a leading-edge foundry worker safety coat. According to a Victaulic press ...
Tags: Safety Coat, worker safety coat