Global credit rating agency Standard & Poor's Ratings Services has announced that it has revised the outlook on India-based steelmaker Tata Steel to stable from negative, while affirming its 'BB' long-term corporate credit rating on Tata ...
Tags: Tata, improve, Metallurgy, Mineral
US-based food establishment Bell & Evans has broken ground on its new chicken processing and packaging plant in Fredericksburg, Lebanon County, in the state of Virginia. The company plans to invest around $44m in the construction and ...
Tags: Bell&Evans, chicken, Food
Tate & Lyle, a British food and beverage firm, is planning to invest around $90m in its production plants in Lafayette, Indiana over the next three years. The investment will be used in the three-phased expansion of Tate & Lyle's ...
Tags: Tate&Lyle, food starch, Food
Kao Fong Machinery Co., Ltd., a subsidiary of Hota Industrial Mfg. Co., Ltd., has signed a syndicated loan of NT$1.1 billion (US$36.6 million) with eight Taiwan-based banks to finance its expansion?amid promising market outlook. The ...
In 2013, the world's direct reduction iron (DRI) output increased by two million tons or 2.8 percent year on year to a record 75.2 million tons, even though two key producing countries, India and Venezuela, saw significant declines in ...
Tags: DRI Capacity, Steel
Kohl's Department Stores announced the renewal of its partnership with Children's Hospital of Wisconsin with a donation of $3.7 million over the next three years to continue support of the Kohl's Cares Grow Safe & Healthy Program, which is ...
Tags: Apparel, Accessories
The Tirupur Exporters' Association (TEA) is in favour of extension of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to the garment sector. At a Pre-Budget consultations meeting with Finance Minister Arun Jaitley ...
The Goodman Group’s wholly owned North American subsidiary, Goodman Birtcher has launched the development of a new US$150 million logistics centre at Rancho Cucamonga in the Inland Empire West market of Southern California. The new ...
Tags: Pipeline, Logistics Hubs
Japan-headquartered automotive supplier DENSO is expanding its Silicon Valley office in California, US to accommodate additional work-staff, it plans to hire across its advanced research and development unit. The company is keen to bulk ...
Tags: autonomous driving, DENSO
Automotive supplier Continental's Chassis & Safety Division is expanding its profile to strengthening its vehicle functions and connected systems segment. Demand for complex vehicle functions and connected systems are growing rapidly. ...
Tags: Continental, Connected Systems
Akebono Brake Corp. announced it has been honored by Honda North America Inc. with its "Excellence in Quality" award for supplying advanced brake and friction material products. "We are honored to receive this recognition from Honda as a ...
Tags: Auto Parts, Accessories
US-based automotive components supplier BorgWarner Turbo Systems plans to expand its North Carolina manufacturing operations in Buncombe County. For the expansion, the company will invest about $32m over the next three years in Arden that ...
Tags: Auto Parts
The global aluminum market is moving into its first annual deficit in six years as producers look to restructure in response to continued low prices, JP Morgan said in a research note Tuesday. "We expect the global aluminum market will ...
Tags: Aluminum, aluminum market
Fox Factory Holding Corp.'s sales slowed as expected in the first quarter ended March 31 due to a shift in shipments of its suspension products to mountain bike manufacturers. "We are pleased to report that our first quarter results were ...
Tags: Sporting Goods, Recreation
TRM Packaging has announced plans to grow the turnover of the business to £50m in the next three years. The ambitious plan to expand revenue by a third is backed by an investment of £8 million to increase the capacity of the ...
Tags: TRM Packaging, Package