Japanese carmaker Nissan Motor is planning to invest $358m to build a second assembly plant in Thailand with an initial annual production capacity of 75,000 units. Production at the new plant is expeceted to start in 2014 and the capacity ...
Tags: Nissan, invest, assembly plant, Thailand
Bond Laboratories, a provider of nutritional supplements in the US, has announced that it has initiated its international expansion plans. The company noted that its wholly owned operating division - NDS Nutrition Products - has received ...
Tags: provider of nutritional supplements, international expansion plans
Private equity firm Permira has cancelled its plans to both refinance and sell the frozen food company Iglo. Permira had planned a dividend recapitalization with Credit Suisse and Deutsche Bank and was expecting to raise ...
Zurich Insurance Group (Zurich) has reported a business operating profit (BOP) of $1.13bn for the second quarter of 2012, with a slump of 12% from $1.28bn during the same period last fiscal. Zurich headquartered underwriter said that its ...
Tags: Zurich Insurance, operating profit, net income, insurance
Nestlé has opened a dairy facility at Samalkha in Haryana state, India, with an investment of INR6bn ($113m). Haryana Chief Minister Bhupinder Singh Hooda has urged the company to take up a collective strategy with Animal Husbandry ...
EmbroidMe, the world's largest embroidery franchise, announced today the signing of a Master Franchise agreement with Ernesto Martinez and Adolfo Martinez for development in Costa Rica, Panama, El Salvador, Honduras and Guatemala over the ...
Tags: EmbroidMe, embroidery franchise, agreement
Commercial vehicle manufacturer Mitsubishi Fuso Truck and Bus (MFTBC) unveiled a ‘fuel efficient truck’ and ‘FUSO-Concept II’ design concept. The fuel efficient truck features new drag foiler and side spoilers ...
Tags: Fuso, Fuel Efficient, New Design, Truck
Huhtam ki Oyj's Indian subsidiary, Paper Products has acquired 51% of the shares in Webtech Labels Private, which manufactures pressure sensitive labels to pharmaceutical customers, for about €7m. According to the Finland-based ...
Tags: Paper Products, pressure sensitive labels, foodservice
US-based ConAgra Foods, the packaged food provider, has announced the acquisition of Ralcorp, the manufacturer of private label food in the US, for approximately $6.8bn, which includes the assumption of debt. ConAgra Foods CEO Gary Rodkin ...
Tags: ConAgra Foods, Acquire, Ralcorp, packaged food provider, food
US-based ConAgra Foods has entered into an agreement to acquire Ralcorp, a leading manufacturer of private label food in the US, in a deal valued at approximately $6.8bn including debt. As a part of the agreement, Ralcorp shareholders ...
Tags: ConAgra Foods, acquire, Ralcorp, private label food
FleetPride, a US-based supplier of heavy-duty truck and trailer parts, has acquired Clutch and Transmission Service, which operates as CATCO Parts & Service. The acquisition includes 18 locations in Minnesota, Wisconsin, North Dakota, ...
Tags: heavy-duty truck, trailer parts, clutch and transmission service
Thompson Heath & Bond (THB) Group’s European division in Amsterdam has appointed Rick Gerritsen as broking director. Prior to accepting the new role, Gerritsen served at Marsh Netherlands as vice president since 2008 and has more ...
Tags: THB, Rick Gerritsen, broking director, insurance
Williams Partners and Williams announced an agreement for Williams Partners to acquire Williams'approximately 83-percent undivided interest in the Geismar olefins production facility,as well as Williams'refinery-grade propylene splitter ...
Cereplast, a manufacturer of biobased, compostable and sustainable plastics in the US, has entered into a distribution agreement that will allow Mastercolor to supply bioplastic resins to the Scandinavian market. Under the terms of the ...
Tags: sustainable plastics, bioplastic resins, traditional plastic resin
EV Group (EVG) of St Florian, Austria, a supplier of wafer bonding and lithography equipment for the MEMS (micro-electro-mechanical system), nanotechnology and semiconductor markets, has completed its newly expanded cleanroom IV facility. ...
Tags: EVG, MEMS, semiconductor