There are renewed calls for clarity on automotive industry policy from both sides of government, with FCAI chief Tony Weber seeking answers from both sides of politics ahead of this year’s federal election. “In this federal ...
Tags: FCAI, Policy Certainty, Weber
The head of the Federal Chamber of Automotive Industries (FCAI), Tony Weber, has criticised the general media for its reporting on the local industry, claiming that local manufacturing is competitive by today’s standards. ...
Tags: Federal Chamber of Automotive Industries, overall new-car sales
Indian automobile manufacturer Maruti Suzuki is considering building its first vehicle assembly plant in Africa to boost exports. Maruti Suzuki India chairman R.C. Bhargava told Bloomberg that firm is in search of new markets and Africa ...
Tags: Maruti Suzuki, vehicle assembly plant, Africa, boost exports
Tokyo-based Solar Frontier (a subsidiary of Japanese energy business Showa Shell Sekiyu) – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules - is suspending production at its 60MW 'MP2' ...
Tags: Tokyo, Solar Frontier, MP2, PV
Gerresheimer has acquired a majority stake in the Indian company Triveni, a manufacturer of plastic containers and closures for the pharma industry, for an undisclosed sum. Gerresheimer CFO Hans-Jürgen Wiecha said the acquisition is ...
Tags: Gerresheimer, Pharma Packaging, Packaging
Gerresheimer AG, one of the world’s leading partners of the pharma and healthcare industry, today announced that it has acquired the majority shareholding in the Indian company Triveni to further accelerate its growth in the emerging ...
Tags: Gerresheimer, Indian Pharma Plastic Packaging, Decoration
Bangladesh Auto Re-Rolling&Steel Mills Association in a statement said that loading and unloading activities remained stopped at Benapole land port since December 10th,as laborers went for a strike on various demands,creating many reasons ...
Tags: Labors Strike, Benapole, demurrage
CareFusion has entered into a definitive agreement to purchase Brazilian respiratory technologies company, Intermed Equipamento Medico Hospitalar. Intermed is involved in manufacturing ventilators and respiratory care devices for ...
Tags: CareFusion, acquisition, respiratory product
Medtronic has purchased all the assets of China Kanghui, a provider of orthopedic devices, for $816m in cash. China Kanghui's new commercial products include trauma, spine and joint reconstruction, designed to improve health outcomes in ...
Tags: orthopedic devices, trauma, spine, joint reconstruction
The boss of Toyota Australia has pledged his company's commitment to the local automotive industry at the unveiling of the Japanese car maker's new petrol and hybrid engine plant in Melbourne. Toyota Australia president and CEO Max Yasuda ...
Tags: Toyota, local automotive industry, petrol and hybrid engine
Nestle is to invest AED500m (US$136m) in the construction of a manufacturing facility in Dubai. The 175,000 sq ft facility, which will produce nutrition, culinary and coffee products, will be located in the Dubai World Central. Nestle ...
Golden State Foods(GSF)has acquired 51%stake in KanPak China,which offers a range of dairy-based products for the quick service restaurant(QSR)and retail industries. KanPak China,which is located in Xiantao City,Hubei Province,produces ...
Tags: GSF, stake, acquisition
Arkema Coating Resins is showcasing one of the industry's broadest technology and business offerings at ChinaCoat 2012,November 28-30.The Arkema booth is located in Hall 10.2,Booth E25-32.On display will be products spanning almost every ...
Swiss food company Nestlé plans to invest AED500m ($136.09m) to set up a manufacturing plant at Dubai World Central business park, Dubai, a move that will help the company better serve the Middle East. The plant, which will be ...
Local engineers have been busy re-engineering the Holden Cruze, which will be heavily upgraded in March 2013 – launching neatly between the VF Commodore's reveal in February and on-sale date in April. A Holden spokesperson confirmed ...
Tags: Transportation, Small Car, Accessories