Ford is testing its autonomous vehicles in complete dark using LiDAR (Light Detection and Ranging) technology. This technology enables the autonomous vehicles to 'see' in complete darkness. This technology is being used in conjunction ...
Tags: LiDAR Sensor, Autonomous Vehicles
In 2014, the Nobel Prize in physics was awarded for the discovery of the gallium-nitride-based blue-light LED and its use for new, efficient LED-based white lamps. The development efforts in this field, however, do not stop there. The ...
Tags: LED, Nobel Prize
Canadian Metro Supply Chain Group has completed the acquisition of UK-based automotive and industrial services emergency logistics specialist, Evolution Time Critical. The automotive supply chain expertise of Evolution Time Critical ...
Tags: Metro, Acquistion, Evolution Time Critical, Logistics
UK based packaging and label company, Macfarlane Group has agreed to acquire Colton Packaging Teesside for £1.25m. Employing eight people, Colton Packaging Teesside is a unit of Colton Packaging, a Leicester based distributor of ...
Tags: Macfarlane Group, Acquisition, Colton Packaging Teesside
German luxury auto-maker Audi announced that the next generation Audi A3 and S3 will feature new engine lineup and driver assistance systems. New engine lineup for the new A3 will include a range of engines such as 1.0 liter, 1.4 ...
Tags: Audi, Audi A3, Driver Assistance System
Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
TreeHouse Foods’ subsidiary Bay Valley Foods is planning to close spoonable dressings production facility in Ayer, Massachusetts. The company is planning to stop production in the first half of 2017, while the full closure of the ...
Tags: TreeHouse Food, Valley Foods, Production Facility, Massachusetts
China-based investment firm Legend Holdings has signed a strategic agreement with Australian seafood company Kailis Family. Under the agreement, Legend Holdings and Kailis Family will form a joint venture named KB Food Group, in which ...
Tags: Legend Holdings, Cooperation, Kailis Family, Seafood
PowerBar has introduced new reduced sugar ProteinPlus 20g bars and Simple Fruit energy food for athletes. PowerBar ProteinPlus 20g bars are available in lemon poppy seed and chocolate peanut butter flavors. It offers 20g of protein, 3g ...
Tags: PowerBar, Athletes, Food Products
Swedish car company Volvo announced that it will be testing its autonomous vehicles in China with local drivers and on public roads in every day driving conditions. For this experiment, Volvo will use 100 autonomous cars. In the ...
Tags: Volvo, Autonomous Cars, Chinese Roads
Tata Motors has launched Tiago, a hatchback for the Indian market after changing its original name Zica, as it was sounding similar to Zika virus. The Indian automaker changed the name of the car to Tiago through a contest conducted on ...
Tags: Tata Motors, Tiago, Zica, Zica virus
Flavored beverages producer Dr Pepper Snapple Group (DPS) has purchased an additional stake in BA Sports Nutrition, makers of premium sports drinks line Bodyarmor. The firm has invested an additional $6m to increase its stake from the ...
Tags: Dr Pepper Snapple Group, DPS, BA Sports Nutrition, Bodyarmor
Tekni-Plex has completed acquisition of Sancap Liner Technology, a manufacturer of cap and closure sealing materials to the global market. Sancap is a producer of heat-seal, pressure-sensitive and gasket-sealing liners for ...
Kruger Packaging has selected ABB to provide engineered solution and services for a paper machine rebuild project at Trois-Rivières Mill in Quebec, Canada. Kruger Packaging is investing C$250m ($188.6m) to convert the No. 10 ...
Tags: Kruger, ABB, Engineered solution, Paper machine rebuild project
Ford announced that it will be investing $1.6b in San Luis Potosi in Mexico to build small cars. Construction of this factory is expected to begin in mid-2016 and the production is scheduled to begin in 2018. The American automaker ...
Tags: Ford, Investment, Small Cars