The Renault-Nissan-Mitsubishi automotive alliance has launched a venture capital fund to invest up to $1bn in the next five years. The new entity will act as main interface for start-ups, investors and the venture capital ecosystem to ...
Tags: automotive, Nissan
Byton is set to showcase its intelligent electric vehicle at the upcoming International Consumer Electronics Show (CES) in Las Vegas, on 7 January 2018. The vehicle features new design and innovative human-vehicle interaction that ...
Tags: electric vehicle, CES 2018
XPENG Motors has completed three rounds of series A+ financing and scheduled to disclose series B round in early 2018. He Xiaopeng, Chairman of XPENG Motors, announces that the company has completed three rounds of series A+ financing and ...
Tags: XPENG Motors, Alibaba
Flint Group has increased the prices of its packaging inks products due to incremental cost escalation forces. Further to announcements made in March 2017, it has become clear that the raw material markets for many components within Flint ...
Tags: Flint Group, Packaging Inks
Capitol City Produce Company has agreed to acquire the distribution operations of Table Fresh Foods, effective 30 December 2017 for an undisclosed price. Darin Arceneaux, COO of Capitol City Produce, said: "Table Fresh has a tremendous ...
During its 2017 Analyst Day at its Series 6 factory in Perrysburg, Ohio, First Solar Inc of Tempe, AZ, USA – which makes cadmium telluride (CdTe)-based thin-film photovoltaic modules as well as providing engineering, procurement & ...
Tags: First Solar, photovoltaic modules
Tekni-Plex firm Dolco Packaging has developed new processor trays for meat and poultry products. The custom-designed trays will enable meat and poultry processors to be used for different products such as premium brats or sausages, meat ...
Tags: poultry products, Packaging
Beyond Meat has closed a new financing round led by Cleveland Avenue, a venture capital firm founded by Don Thompson, former CEO of McDonald’s Corporation. “We see Beyond Meat as a strategic and compelling consumer-focused ...
Tags: Tyson Foods, Beyond Meat
Oncap has acquired US-based IntraPac International from funds managed by CI Capital Partners for an undisclosed sum. Based in Mooresville, North Carolina, IntraPac designs and produces specialty rigid packaging solutions such as including ...
Tags: personal care, household products
German automaker Volkswagen is planning to invest more than €10bn by 2025 for the development and production of electric cars and plug-in hybrid cars in China. The investment will be made by Volkswagen Group China and its joint ...
Tags: Volkswagen, Electric Cars
American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
A consortium of Chinese investors, which includes Changchun Lianxin Investment Consulting and Shanghai Ground Food Tech, has acquired Brownes Dairy through Australia Zhiran. Brownes was sold by its current owner Archer Capital, a private ...
Tags: dairy products, milk
For fiscal first-quarter 2018 (to end-September 2017), optical and photonic optical component and subsystem maker Lumentum Holdings Inc of Milpitas, CA, USA has reported revenue of $243.2m, down 5.8% on $258.1m a year ago due to softer ...
Tags: optical component, subsystem
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...