Packaging company Pro Mach will be acquired by the affiliates of AEA Investors from The Jordan Company for an undisclosed amount. Pro Mach manufactures packaging and processing equipment solutions and also provides training, installation, ...
Tags: PRO Mach, AEA Investors, Packaging
Recently Qingdao Shuangxing Company signed agreement with German HF Group which is listed the first in rubber machinery industry in the world and the agreement is about hydraumatic truck tire vulcanizing machine. Qingdao Shuangxing Company ...
MAHLE Behr USA is developing exhaust gas heat exchangers for gasoline engines to help auto makers meet new fuel-economy and emission standards. Martin Bauer, development director for engine-mounted components at MAHLE Behr USA, notes that ...
Tags: Auto Parts, Accessories
Volkswagen Group has sold 4.11 million vehicles from January to May, representing a 6.3% increase compared to the same period of 2013. The company handed over 864,600 (May 2013: 816,300; +5.9 percent) units to customers in May. "The ...
Tags: Volkswagen, Passenger Cars
German automaker BMW Group is set to invest $1bn to expand the production capacity at its Spartanburg plant in South Carolina by 2016. The plant currently producies BMW X3, X5, X5 M, X6 and X6 M models. The new expansion will see the ...
Tags: BMW, Spartanburg Plant Expansion, automaker
--Light, sweet crude for April delivery rises 76 cents to $102.59 a barrel --Overall inventories grow less than expected --Continued supply reductions at key U.S. delivery point U.S. oil prices rose Wednesday after weekly U.S. ...
South Carolina again posted a record year for export activity, with more than $26.1 billion in goods sold last year to 202 countries around the globe. The 2013 figures, released today by the U.S. Department of Commerce’s ...
Tags: semiconductor, export industries
UAE-based steel producer Emirates Steel Industries (ESI) has announced its financial results for 2013, stating that its sales revenues amounted to AED 6.5 billion ($ 1.8 billion), almost eight percent higher than 2012, despite sluggish ...
Tags: steel producer, steel
Despite a drop in coal exports off the Mississippi River in 2013, several New Orleans-area terminals say they are increasing capacity as they eye improved markets in the long-term. Foresight Energy's Convent Marine Terminal in Convent, ...
Tags: Coal Terminals, Coal Exports
The president of the Canola Council of Canada says she realizes the Council's plans for increasing canola production are ambitious, but she argues they are still realistic. The CCC announced last week that it's aiming for 26 million ...
Tags: Canola Council of Canada, plans for increasing canola production
The Volkswagen Group reported yet another strong increase in worldwide deliveries for the full year 2013, topping the record set in 2012 "In total, our Group delivered over 9.7 million vehicles to customers last year, ranging from ...
Tags: Volkswagen Group, Vehicles
The Canola Council of Canada (CCC) today announced a new 10-year plan to capitalize on the world's growing appetite for healthier oils and protein. Terry Youzwa, Chairman of the CCC Board of Directors, said the plan is aimed at increasing ...
Tags: Canola Industry, New Targets
The Gulf Petrochemical Industries Company (GPIC) has in 2013 achieved its highest monthly production of methanol since its inception, which amounted to 1,254 metric tons, GPCI president Abdulrahman Jawahery revealed during the ...
'It has never been a better time to exhibit overseas' The Baby Products Association is encouraging its members to export baby products around the world, hosting a UK Pavilion at CBME Shanghai next year. The association suggests that ...
Tags: Baby Products, Baby Toys
Worldwide deliveries by the Volkswagen Group grew 4.7 percent from January to November. In total, 8.68 (January-November 2012: 8.29)* million vehicles were handed over to customers. The Group delivered 828,600 (November 2012: 794,300; ...
Tags: Volkswagen Group, Passenger Cars