Toyota has hired three general contractors to manage construction of its headquarters in North Texas and to expand its operations in Michigan, Georgetown, and Kentucky. The automaker has chosen Dallas-based contractor named Austin ...
Tags: Toyota, automaker, Auto Parts
Volvo Cars is planning to invest $500m to build a new manufacturing facility in the US, as a part of the company's long-term plan for the market. With the new plant, the carmaker aims to exceed its volume targets in the US, with plans ...
Tags: Volvo, Cars, Auto Parts
General Motors is reportedly planning to build its next-generation Chevrolet Cruze at Coahuila plant in Mexico. The company is also planning to invest $350m for the production of the next generation small car, reported Reuters. ...
Tags: Motors, Chevrolet, Auto Parts
Fred's, Inc. hired Bryan Pugh, formerly at Walgreen's, as chief merchandising and marketing officer. Commenting on the announcement, Jerry A. Shore, chief executive officer, said, "Working together with Mike Bloom, our president and chief ...
Tags: Fred's, AutoZone, Sporting Goods
Australian farmers, agribusiness and food business entrepreneurs working with Chinese businesses are reporting greater access to new markets and value chains, which is translating to increased profits, according to new research released ...
The Chief Secretary to the Treasury, Danny Alexander, has launched the most wide-ranging review of national business rates in a generation – paving the way for changes to how businesses across England pay the tax. The review, set to ...
Tags: The Chief Secretary, Review, Furniture
Volkswagen has announced that the company will be cutting a shift from its Russian plant in Kaluga, which will result in 150 job losses. The German automaker said, starting this April, the Kaluga car plant located in south of the capital ...
Tags: Volkswagen, Significant price, Auto Parts
The automobile industry has officially become the latest battleground for China's three Internet giants after Tencent Holdings Ltd announced a foray into smart cars. The owner of China's most widely used instant messaging app WeChat has ...
Tags: Auto Market, Automobile Industry
Orora has announced plans to build a new dairy bag production line following the securing of a long-term supply contract for Fonterra's New Zealand milk powder operations. The $20 million investment will see the establishment of a new ...
San Diego Sport Innovators (SDSI), a non-profit business accelerator focused on growing sports and active lifestyle companies, is now a free-standing organization independent from its parent company Connect, which focuses on the technology ...
Tags: SDSI, NBA, Sporting Goods
Goodman Fielder CEO departs as sale to Asian giants settles It was announced today that Scott Weitemeyer will be appointed Managing Director and Chief Executive Officer of Goodman Fielder, replacing Chris Delaney. The announcement ...
Tags: ASX delisting, First Pacific, Food
Panel makers in Taiwan are calling on the Taiwan government to loosen restrictions on new policies geared toward reducing water supply out of concern that operations will be affected. Water available for industrial use will be reduced by ...
Tags: Panel Makers, LED Panel Makers
The European Commission (EC) has given its approval for the acquisition of Austria-based Constantia Flexibles by French investment group Wendel Group for €2.3bn ($2.8bn). Constantia Flexibles specialises in producing foil, paper ...
Tags: Constantia Flexibles, plastic-film packaging, packaging
AkzoNobel has extended its official supplier partnership with McLaren Racing. The announcement comes as McLaren-Honda gears up for this weekend's Australian GP, where the MP4-30 will showcase AkzoNobel's superior high-gloss finishes. The ...
Tags: AkzoNobel, McLaren Racing, paint
Private equity firm, The Onex Group, has completed the acquisition process of SIG Combibloc Group, suppliers of carton packaging and filling machines for beverages and food, for €3.75bn. SIG is a part of the New Zealand-based Rank ...
Tags: packaging materials, corresponding filling machines, SIG