Cisco Systems has announced plans to expand its campus in Research Triangle Park and create 550 new jobs by the end of 2017. The California-based tech giant, which already employs about 5,000 workers and contractors in RTP, will be ...
Tags: Electrical, Electronics
UK-based packaging firm DS Smith is set to invest in new machinery at its facility in Louth, East Lindsey district of Lincolnshire, England. Around 14 jobs are expected to be affected with the new investment, according to the company. ...
The Board of Innovia Group is pleased to announce that Arle Capital (Arle) has acquired the Group from the Candover 2001 Fund, for an enterprise value of €498 million, with funds raised from a syndicate of new investors. This means ...
Tags: Arle Capital, Innovia Group
David Beeby, chief executive officer of Innovia Group, made an announcement on April 28: "We are delighted that we will be partnering again with Arle who have worked closely alongside us since 2009. They share our vision for the future and ...
The overall Front-End manufacturing trends for LED manufacturing are following the same path: decrease manufacturing costs, increase yield to improve binning, extract more light per mm² and per watt injected into the die… So all ...
The speciality films manufacturer was bought by Candover in 2004. According to Innovia, Arle's acquisition means "ownership remains with funds managed by the same international private equity company". David Beeby, chief executive of ...
The United States Department of Agriculture (USDA) has announced a new investment fund to facilitate private equity investments in agriculture-related businesses. The new Rural Business Investment (RBIC) will help USDA in providing ...
French carmaker Renault has announced a new investment of R$500 million ($223.5 million) over the 2014-2019 period. This investment will be channeled into the development of two new cars at Renault's plant in Curitiba, in the Brazilian ...
Tags: Renault, French carmaker
Due to the surging demand for rooftop solar panels from the U.S. to Japan, investment in clean energy rose by 9% in the first quarter comparing to the same period in 2013, says Bloomberg. Bloomberg New Energy Finance (BNEF) indicated ...
Tags: Solar Power, LED Clean Energy
Group trading profit for the full year was down 6% to £3.3bn while profits in the UK business fell 3.6% to £2.1bn. Group sales, including VAT. UK like-for-like sales were down 3% in the fourth quarter. Clarke said: "Our ...
Turkey's biggest integrated steelmaker Erdemir has stated that the market share of its steel sheet supply to the automotive industry has increased, rising to 36 percent in 2013 through direct sales and distribution channels from 25 percent ...
Tags: steel, Metallurgy, Mineral
The semiconductor business in China is abuzz over the huge chunk of money China’s central and local governments are about to plunk down on the domestic chip industry. The combined investments over the next 10 years range from $20 ...
Tags: semiconductor business, Chips, chip industry
The light industry of Uzbekistan—which includes textile and garment sectors, is one of the fastest growing industries, and currently the country is exporting its textile products to over 40 nations, informed the Uzbek State Joint ...
Tags: light industry, textile, garment
The promotion of new projects in the automotive industry will break a new steel production record for Mexico, pointing to some 19 million tons, said Hugo Solis, president of Mexico’s chapter of the Association for Iron and Steel ...
The U.S. textile industry has seen a surge in foreign direct investment over the past 8 months. No less than 8 foreign companies have made public announcements over that period to invest more than $700 million in new U.S. textile facilities ...
Tags: Textile Sector, Yarn-Forward Rule