Bangladesh based, Far East Industries Ltd will set up the country’s first compact yarn manufacturing facility. “The plant to be set up in Habiganj will be operational in 18 months at an approximate investment of Tk 150 ...
Volvo has announced that it is expanding production at its new facility in Daqing, China where it will produce SPA Volvo sedan. The facility is expected to produce cars based on Scalable Product Architecture (SPA), and the facility ...
Tags: SPA Volvo sedan, Auto
Diageo is postponing plans to expand production capacity in Scotland citing reducing demand for spirits. According to the company, the slump in demand for spirits is due to economic slowdown across the globe. Earlier in 2012, Diageo ...
US-based Figueroa Mountain Brewing is planning to build a new production facility in Germany, in a move to expand its footprint and production capacity. The company is seeking international partners to leverage investment for the ...
Tags: brewery, Santa Maria taproom, Agriculture
Global large-size TFT LCD shipments are expected to only increase 0.5% in 2015 due to weak demand for monitor and notebook applications coupled with limited growth in the tablet segment, according to Digitimes Research. LCD TV demand is ...
Tags: TFT LCD, LCD Display
Sweden-based renewable packaging material provider BillerudKorsnäs will invest around $35.28m (SEK260m) to increase its production capacity and improve the quality of sack paper produced at its Skärblacka facility. The company ...
US-based Catalyst Paper Corporation will acquire the Biron paper mill and the Rumford pulp and paper mill for around $74m. The company has entered an asset purchase agreement with NewPage Corporation, NewPage Wisconsin System and Rumford ...
UK-based custom printed self adhesive labels manufacturers Mercian Labels has opened a new 24,000 ft2 factory in Staffordshire to meet the expanding demands for its digital and security labelling products. The company recently ...
Renault has inaugurated the Renault Algérie Production car manufacturing plant in Oran region of Algeria. This is the first plant of Renault in the country, and is expected to produce the new Renault Symbol, a car targeted ...
Tags: car manufacturing plant, integration of suppliers, Auto
LED packaging service provider Unity Opto Technology started production at a new factory in northern Taiwan in early November 2014 and has expanded its monthly production capacity for LED light bulbs from two million to three million units. ...
The dispersions segment is continuing to be one of the most active in the European coatings sector in the development of new technologies as well as investing in mergers and acquisitions and expansions in production capacity. Demand for ...
Tags: Dispersions, coatings sector
Volvo has commenced production of XC60 crossover at its Chengdu facility in China, expanding its production capacity in the country. The expansion of production line at the Chengdu facility has created 500 new manufacturing jobs at the ...
Tags: XC60 crossover, The Chengdu plant, Auto
Nissan is reportedly planning to expand its workforce by adding 1,000 additional workers in its North American plants to meet its production goals. Presently Nissan's plants in Mississippi, Tennessee and Mexico are operating in three ...
Tags: North American plants, luxury vehicles, Auto
Mazda is planning to construct an engine plant in the Chonburi Province of Thailand where SKYACTIV-D 1.5 clean diesel engine will be produced for the company’s flagship Mazda2. The engine assembly plant is expected to have ...
Tags: engine plant, clean diesel engine, flagship Mazda2, Auto
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel