The boss of Subaru’s parent company says the brand is standing at a “major turning point” and has important decisions to make on whether to continue as a niche all-wheel-drive manufacturer or become more mainstream to ...
Tags: Subaru, Fuji Heavy Industries
United Pulse Trading, a US-based supplier of pulses and special crops, has opened a $30m food processing plant in Minot, North Dakota. The new facility, which is located in Minot's value-added agriculture complex, will process lentils, ...
Recently, Xu Hong, secretary of the party committee and vice general manager of Weichai Group Holdings Limited (Weichai Group) says that Weichai Group aims to create another group with an output value of 50 billion yuan centering on ...
Liberty Mutual Holding Company (LMHC) has reported net income of $448m for the second quarter of 2013, with an increase of $309m, compared to the same period last fiscal. For the quarter period ended on 30 June 2013, its revenues stood at ...
Tags: Liberty Mutual
Advanced Sports International will shift production of bikes destined for the EU to Ideal's China and Poland factories to achieve more competitive pricing, reduce logistics and shorten lead times. Previously, ASI bikes sold in the EU were ...
Tags: Bikes
China's telecoms regulator has recently added a touch of clarity to the confusion surrounding the future technological direction of the country's mobile market – a touch and nothing more. After months of speculation on when the ...
Tags: China's Telecos, 4G
The Finnish flooring manufacturer Karelia-Upofloor wants to reduce production significantly in its two Finnish parquet factories in Kuopio and Tuupaovaara. The Kuopio factory is to be closed down by the end of 2013 and the Tuupaovaara ...
Tags: floor, Construction
A co-owner of Serotta's parent company told a local newspaper that the company's planned shutdown is temporary. Earlier this week, Bill Watkins, the CEO of Serotta, and company founder Ben Serotta each told BRAIN that the company had run ...
Tags: Serotta Shutdown
Mercedes Benz is increasing its investment in Vietnam by opening its first electro-dipping coating facility worldwide in Ho Chi Minh City. The advanced and eco-friendly facility has an investment of nearly $10 million. Mercedes is using ...
Tags: Benz, Transportation, car, auto
The founder of the UpTime Institute, Kenneth G. Brill, 69, died Tuesday, the institute's parent company announced. Brill, an electrical engineer by training, is credited with playing an enormous role in shaping the modern data center ...
Tags: Ken Brill, Data Center
Design sketches purporting to reveal the all-new Mercedes-Benz Viano have been leaked ahead of its expected Frankfurt motor show debut next month. First published by German blog site Mercedes-Benz Passion, and touted as coming directly ...
Tags: Mercedes-Benz
The supercharged HSV GTS project almost became stillborn when parent company Holden raised concerns over the engineering and manufacturing viability of the project. HSV engineering manager Graeme Dusting cited that Holden engineers ...
Tags: Supercharger, HSV GTS
Global pipe and tube producer Tenaris S.A. announced that sales for the second quarter ended June 30, 2013 increased 6 percent sequentially. For Q2, Tenaris reported a profit of $429.6 million, down 5.6 percent from $455.3 million a year ...
Tags: Premium OCTG, Tenaris
TMS International Corp., the parent company of Tube City IMS Corporation, a leading provider of scrap to steel mills globally, announced Thursday results for its Q2 ended June 30, 2013. Net income attributable to common stock was $8.1 ...
Tags: TMS International, Mexican Mill
The dust has settled. Following two years of very strong growth in lift truck sales, shipments leveled off in 2012. With growth at just a fraction of a percent, worldwide sales didn't match the 27% growth in 2011 or the 32% growth in 2010. ...
Tags: Processing Machinery