Volvo Cars said it will build its next generation of the XC90 large premium SUV in its new manufacturing facility in Charleston, South Carolina, US, from 2021. The move takes the company's total investment in its US manufacturing ...
Tags: Volvo, Volvo Cars
Honda Foundation (a public-interest incorporated foundation created by Honda Motor Co Ltd’s founder Soichiro Honda and his younger brother Benjiro Honda) says that the Honda Prize 2017 will be awarded to Kyoto University professor ...
Tags: Power Devices
Unilever has agreed to divest its South African spreads business to Remgro as part of a ZAR11.9bn ($900m) worth deal with the investment firm. Under the terms of the agreement, Unilever will buy Remgro’s 25.75% stake in Unilever ...
Tags: Unilever, food, personal care products
German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
The automotive LIDAR (light detection and ranging) system market is growing from $230m in 2016 to $2.5bn in 2026, with LIDAR semiconductor revenue rising from $103m to $1.8bn, according to a report by IHS Markit. The current generation of ...
Tags: semiconductor, cameras
At a roll-out event for customers and partners in Zurich, Flisom AG of Niederhasli, Switzerland – which has the Swiss Federal Laboratories for Materials Science and Technology (Empa) as a technology partner – showcased its ...
Tags: Solar Panels, PV
Infineon Technologies AG of Munich, Germany has signed a definitive agreement for the newly founded private company Neptune 6 Ltd to acquire its subsidiary manufacturing site IR Newport Ltd in Newport, Wales, UK. The deal is expected to ...
At the 2017 edition of EMO, also known as Exposition de la Machine-Outil (Machine Tool World Exposition) and held on September 18th through September 23rd as the world's largest machine tool exhibition, exhibitors from Taiwan, the ...
Tags: Machine Tool, EMO Show
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
Epson will demonstrate its robot and label printing technologies at Pack Expo to be held in Las Vegas from September 25 to 27, 2017. Epson Robots, a global leader in PC-controlled precision factory automation, will launch its all-in-one ...
Tags: label printers, Epson, Pack Expo
Label printers and plastic fabricators distributor Fisher Group has shifted its operations into new larger facility on the northwest side of Salt Lake City, US. The company moved the operations into 83,000ft² facility to expand the ...
Tags: Fisher Group, CNC routing
Inventure Foods has agreed to divest its frozen business unit to Oregon Potato Company (OPC) for $50m as part of its ongoing strategic and financial review. Under the terms of the definitive asset purchase agreement, the Arizona-based ...
Tags: Inventure Foods, Frozen Foods
Tokyo-based Showa Denko K.K. (SDK) has decided to expand its facilities for producing high-quality-grade silicon carbide (SiC) epitaxial wafers for power devices - which have already been marketed under the trade name High-Grade Epi (HGE) - ...
Tags: SiC power devices, semiconductors
The European Automobile Manufacturers’ Association (ACEA) has proposed a 20% CO2 reduction for passenger cars by 2030, compared to 2021, and said the target should be conditional on the real market uptake of electrically-chargeable ...
Tags: ACEA, Passenger Cars
Heraeus Photovoltaics has signed a cooperation agreement with Ulbrich of Austria to partner on module assembly and packaging solutions. Under this cooperation agreement, the two companies will focus on developing innovative products for ...
Tags: packaging, Photovoltaics