US-based protective packaging firm Pregis has opened a new manufacturing unit in Chihuahua, Mexico, to cater to automotive, consumer electronics, agriculture and aerospace sectors. The new facility will produce Astro-Foam polyethylene ...
Tags: packaging, Pregis, packaging material
Bosch Packaging Technology will introduce its Pack 301 LS (length slug) machine for biscuits, at trade fair IBA 2015 in Munich, Germany, in September. The line will enable manufacturers pack biscuits and crackers with greater flexible and ...
Tags: biscuit packaging, packaging machine, Bosch Packaging Technology
Russia-based Internet service providers, along with growing demand for hardware used in data centers, have resumed placement of orders with Taiwan-based PC and server vendors/makers, according to these vendors/makers. The Russia market ...
Fuel retailers' solutions firm Kalibrate has identified more than 30,000 spots in California for setting up hydrogen refueling stations for fuel-cell electric vehicles (FCEVs), categorizing them in the range between best and worst on the ...
Tags: Fuel, Alternative Fuel, Gas
Nomad Holdings has completed the previously announced acquisition of frozen food company Iglo Foods from Permira Advisers for €2.6bn. Said to be Europe's largest branded frozen food company, Iglo operates in 12 countries in Europe, ...
Tags: Agriculture, Food, frozen food
Meghalaya will soon have its own apparel and garment centre. Chief Minister Mukul Sangma recently laid the foundation stone of an apparel and garment centre to be set up under the North East Region Textiles Promotion Scheme, according to ...
Tags: Apparel, garment centre
“Delhi-National Capital Region (NCR) is the default mall capital of India, since it has nearly a hundred malls, with best performing malls in the region enjoying a low average vacancy of around 10 per cent,” a top official of ...
Tags: performing malls, NCR
Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
For its fiscal third-quarter 2015 (ended 28 March), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $83m, down 13% on $95.4m a year ago and down 4% on ...
Tags: Oclaro, CFP2 Module
Nomad Holdings Ltd. has agreed to acquire Iglo Foods Holdings Ltd., said to be Europe’s largest branded frozen food company, from Permira Advisers LLP in a deal worth €2.6bn. Subject to customary closing conditions, Nomad ...
Tags: Iglo Foods, Nomad
Efficient Power Conversion Corp (EPC) of El Segundo, CA, USA, which makes enhancement-mode gallium nitride on silicon (eGaN) power field-effect transistors (FETs) for power management applications, has introduced an eGaN FET designed with a ...
Berkshire Hathaway has signed a deal to acquire 8.7% stake in Axalta Coating Systems from Carlyle Group for $560m. Under the stock purchase agreement, Berkshire Hathaway will purchase 20 million Axalta's common shares at $28 each. The ...
Kishore Biyani led Future Retail said it has raised Rs 600 crore through an issue of non-convertible debentures (NCDs) on private placement basis. In a BSE filing, Future Retail said, "The committee of directors has considered, ...
Tags: BSE filing, Apparel
Axalta Coating Systems Ltd. has announced that an affiliate of Berkshire Hathaway Inc. has entered into a definitive stock purchase agreement with certain affiliates of The Carlyle Group for the purchase of a total of 20 million of ...
Tags: Business Operation, Architectural Coatings, Decoration
The Mumbai chapter of SDC EC recently organised its 5th National Students Competition – Young Talent Search 2015 at the Textiles Committee’s office in Mumbai. The theme for this year’s competition was ‘Innovations ...