EpiGaN nv of Hasselt, near Antwerp, Belgium, which supplies commercial-grade 150mm- and 200mm-diameter gallium nitride on silicon (GaN-on-Si) epitaxial wafers, says that on 7 June it received official notification from the International ...
Production of the new GLC Coupe has started at Daimler's Mercedes-Benz plant in Bremen, Germany. It is the second new model to be launched at the facility this year, expanding its production portfolio to ten models with the GLC ...
The European Investment Bank will invest £12m in Gestamp Tallent Automotive to support and strengthen innovation and to help it develop specialised chassis and suspension products. European Investment Bank vice president Jonathan ...
Tags: European Investment Bank, chassis, suspension products
US agricultural commodities trader Cargill has sold its wheat flour division in Argentina to Molino Canuelas Sacifia for undisclosed sum. Following the acquisition, Canuelas is expected to control 24% share in the flour in the country. ...
The Finish Line Inc. (NASDAQ:FINL) reported consolidated net sales were $453.5 million, up 2.3 percent over the prior year period thanks in part to a 1.5 percent increase in comparable store sales. Net income came in at $9.6 million, or ...
Phoenix Color, a unit of ALJ Regional Holdings, has signed an agreement to acquire Color Optics packaging business from AKI, which operates under the Arcade Beauty name. Color Optics is a provider of printing and packaging solutions for ...
Tags: Phoenix Color, AKI
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
Organto Foods has announced that it has entered into a letter of intent (LOI) with a Mexico-based privately owned real estate investment management to form a new food and agricultural joint venture. The proposed joint venture will be ...
Snow Phipps Group-owned Teasdale Foods has acquired Louisville, Kentucky-based Mesa Foods for undisclosed sum. Founded in 1984, Mesa is a producer of private label tortillas, flatbreads, taco shells, taco kits and chips. The acquisition ...
Tags: Mesa Foods, Snow Phipps Group
For fiscal fourth-quarter 2016 (ended 1 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $318.8m, down slightly on $320m a year ago but up 3.1% on $309.2m last ...
Tags: Finisar Corp, datacom product
Kellogg Company has set up a new venture capital fund to invest in startups that work on new ingredients, foods, packaging, and enabling technology. The venture fund named eighteen94 capital (1894) will make small investments in companies ...
Tags: venture fund, Kellogg Company
A new joint survey from UBS and the Australian Food and Grocery Council (AFGC) has found Australian supermarket suppliers are investing in new product development as a top priority. In releasing the results of the latest ‘UBS-AFGC ...
Tags: grocery sector, export opportunities, offshore wind farm
The latest Manpower Employment Outlook Survey results show that the steady increase in hiring intentions in Australia will continue into the third quarter of 2016. Of the 1,500 public and private employers surveyed, 13 per cent indicated ...
Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne’s Fine Desserts from Superior Capital Partners for undisclosed sum. Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne's ...
Tags: GGC, Dianne's Fine Desserts
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS