For its fiscal third-quarter 2014 (to end-May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $4.6m, up 11% on $4.2m last quarter and 31% on $3.5m a year ago. Revenue from LED chips fell by 44% ...
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Timberland, a leading global outdoor lifestyle brand, announced that Stewart Whitney has been promoted to brand president effective October 5, 2014. Whitney, who has successfully led Timberland’s growth in the Asia Pacific region ...
Tags: Timberland, Stewart Whitney, Apparel
Cooper-Standard Holdings Inc., the parent company of Cooper-Standard Automotive Inc. ("Cooper Standard"), today demonstrated its commitment to global expansion in the Asia Pacific region during the grand opening event for its new Asia ...
Tags: Cooper-Standard Holdings, Asia Pacific region, Auto Parts
Automotive components manufacturer Hatch Stamping Company has announced plans to expand its presence in Southeast of the US by relocating to a new manufacturing facility in Portland, Tennessee. The manufacturer will invest $17m at the ...
US Foods is planning to open a new distribution center in Seabrook, New Hampsire, to improve its serve to the customers across the New England area. The new facility is spread across an area of more than 500,000ft2, including additional ...
Tags: US Foods, fleet fueling
Today, the U.S. Environmental Protection Agency (EPA) met with families in Asheville, N.C., to offer temporary relocation after finding elevated levels of trichloroethylene (TCE) at three residences adjacent to the former CTS of Asheville, ...
Tags: EPA, Certification, Energy
FrieslandCampina Romania is set to relocate its cheese production unit in Carei and cheese packaging unit in Targu Mures by January next year, as part the consolidation of its cheese production operations in Baciu. The development comes ...
Tags: Cheese Production, Packaging Units
Lawrence Norman, former vice president of Adidas Global Basketball, has been named Adidas South Europe managing director. Zion Armstrong, formerly managing director of Adidas Group South Korea, as Adidas Brand director in North America. ...
Tags: Adidas, Basketball Leadership
The nation's largest sporting goods retailer reported net sales for the first quarter of 2014 ended May 3, 2014 increased 7.9 percent to $1.4 billion. Consolidated same store sales increased 1.5 percent, compared to the company's guidance ...
Tags: Sporting Goods, Recreation, Golf, Hunting
Automotive supplier Continental's Sensors & Actuators (S&A) Business Unit has opened a new competence center in Ostrava, Czech Republic. The new facility will be responsible for worldwide research and development of sensors and ...
Tags: Continental, Czech Republic
Osprey Packs, Inc. announced that outdoor industry veteran Kenny Ballard has joined the company in the newly created role of chief operating officer. As COO, Ballard will head up Osprey Packs operations, IT, purchasing, quality and returns ...
Tags: Sporting Goods, Recreation
The Adidas Group has appointed Mark King, who had been TaylorMade-Adidas Golf's CEO, as president of Adidas Group North America effective June 1, 2014. King succeeds Patrik Nilsson, who has decided to leave the company for personal reasons ...
Tags: Adidas, Sporting Goods, Recreation
Seepage of residual oil previously leaked from PetroChina Lanzhou Petrochemical Co.'s 10.5 million mt/year (210,000 b/d) integrated refinery and petrochemical complex into the water source for water works was behind the unusually high ...
Tags: residual oil, PetroChina, Petrochemical
Tampa, Florida-based Gerdau Long Steel North America announced this week that Guilherme Gerdau Johannpeter, president of Gerdau Long Steel North America, is being promoted to executive vice president and will join Gerdau's Executive ...
Tags: steel, Metallurgy, Mineral