No longer the mainstay of hand-humping early adopters, virtual reality is truly about to enter the big league. IMAX is raising $50 million to finance the next generation of visual entertainment, à la virtual reality. The media ...
Tags: VR Content, IMAX
Danish brewing giant Carlsberg Group has reported a 4% decrease in its net revenue to DKK17.53bn ($2.57bn) for the third quarter of this year, compared to DKK18.3bn ($2.7bn) for the same period in 2015. The brewer blamed the negative ...
Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...
North Dakota based Anchor Ingredients has acquired a rail-loading and storage facility in Montana for an undisclosed sum. The new pulse facility acquisition according to Anchor Ingredients is said to increase its sourcing network which ...
Chocolate and cocoa products maker Barry Callebaut is expanding production capacity at its American Canyon facility with $20m investment. The facility expansion is in direct response to the increase in demand for chocolate in the American ...
Tags: Production Capacity, Canyon
Coca-Cola has reported a 7% decrease in its net sales to $10.6bn for the third quarter of this year, compared to $11.4bn for the same period in 2015. The soft drinks giant has blamed the impact of foreign currency and structural changes ...
Tags: soft drinks, beverage
Valmet has developed a totally new concept for quality oriented process control of corrugating machines. This includes cost- and space-efficient Valmet IQ Multipoint Moisture Measurement system and a new camera based Valmet IQ Warp ...
Tags: Valmet, Corrugating Machines
Premium Brands Holdings has acquired 100% of the shares of Ontario based Belmont Meat Products for $50m. The purchase price of the acquisition is subject to certain customary adjustments. Premium Brands will be paying $49.2m in cash ...
Tags: Belmont Meat Products
Established in 2000, China International Hardware Show (CIHS) has developed to the largest hardware show in China with its show space 150,000 sqm, 1,800 tool exhibitiors and 5,3000 visitors/buyers worldwide in 2015. The products range on ...
Tags: Footprints
East is East and West is West and never the twain shall meet" Rudyard Kipling famously wrote, but a recent high level international conference in Frankfurt, Germany, is determined to prove him wrong, at least with regards healthcare, by ...
European aircraft manufacturer Airbus Group SE said it expects to deliver its first A350 to Chinese airlines in the second half of next year and is bullish about the country's demand for widebody aircraft, fueled by fast-growing long-haul ...
Tags: Aircraft, Transportation
China's top economic planner announced Tuesday it has approved feasibility reports for two railway projects with total investment of 79.47 billion yuan (11.84 billion U.S. dollars). The two projects would be located in the country's ...
Tags: Railway, Transportation
Japan’s Tacmina Corp has named Tapflo Group as an authorized distributor in South Africa for its solenoid and motor driven metering pumps including smoothflow pumps. Tapflo, a Swedish, family-owned manufacturer and supplier of air ...
US based Hispanic refrigerated foods company Del Real Foods has received an undisclosed investment from an affiliated private equity fund of Palladium Equity Partners. Del Real will utilize the investment to take its products into new ...
Tags: Del Real Foods, investment, Palladium Equity