Canadian baker Canada Bread, in which Maple Leaf Foods has a 90% stake, has announced plans to close two bakeries, affecting around 120 jobs. The facilities are located in Grand Falls in New Brunswick and Edmonton in Alberta. The ...
Tags: Canada Bread, baker, Maple Leaf Foods
Reportedly, Argentina's largest steel maker Techint Group announced that the company planned to expand their steel plant by adapting new modernize technology to boost operations, and improve capacity in order to meet the market requirement. ...
Tags: Techint Group, steel plant, steel market
Furniture importers that have held off increasing prices in recent years may be forced to raise them in 2013 because of various factors, especially rising labor costs in Asia. Governments in Malaysia, Indonesia and Vietnam - all major ...
Medium-sized sawmills in southern Germany were still not able to increase turnover in the final weeks of 2012. Numerous businesses accordingly claim to have closed out the 2012 financial year with losses. Many southern German sawmills have ...
Tags: sawmills, southern Germany, turnover, construction-timber
The Associated General Contractors of America (AGC) said Monday that significantly more construction firms are planning to add new staff than plan to cut staff while demand for many types of private sector construction projects should ...
Tags: construction firm, construction projects, US
Platinum prices have surged, rising above gold for the first time in 10 months after the largest producer of the metal said it would halt operations at several mines in South Africa. The move, part of an effort to return to profit amid ...
Tags: PLATINUM prices, US, metal industry
Styron Europe will seek to increase general purpose and high-impact polystyrene prices in January by Eur110/mt ($143/mt), the company said Friday. "The price increase responds to the rising costs associated with the manufacturing of ...
Tags: polystyrene prices, polystyrene, styrene, benzene
ABC News reported that iron ore prices have bounced back after bottoming three months ago, reigniting many shelved expansion plans. A once in a century mining boom has driven the Australian economy, sustained by China's huge appetite ...
Tags: iron ore prices, iron ore, mining, Australian economy
More than half of IT decision-makers have cited power efficiency as their number one priority in the datacentre for the next three to five years, according to a study of 250 IT executives. The research by Computacenter revealed that ...
Tags: IT, IT services provider, projects, datacentre market
A new report by PricewaterhouseCoopers (PwC) says the financial performance of global mining companies and their stock prices headed in opposite directions last year. The Toronto-based consulting firm says the top 40 global mining firms ...
Tags: Africa, Asia, Australia, Canada, Coal, Copper, Diamond, Finance, Gold, Iron Ore
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
With increased competition from the internet and rising costs, retail is tougher than ever. In this special one-day conference, you can gain competitive advantage by learning how to deliver first-class stores that work on every level. ...
Tags: energy, Lighting, first-class stores, competitive advantage
Despite the booming profits of TiO2 producers in Europe, they still want to diversify their portfolio into speciality pigments to ensure higher profit margins in the long-term. This switch into specialities is causing concern among ...
Tags: TiO2, Europe, coatings producers
Inmet Mining Corporation which last month rejected USD 4.9 billion takeover bid from a Canadian rival has announced 27% increase in reserves at its massive Cobre Panama copper project in Central America. The Toronto based miner said that ...
Tags: Inmet Mining Corporation, Mineral, Cobre Panama copper project
Reuters reported that Hydro is focusing its Capital Markets Day 2012 on the improvement efforts being made throughout the company, aiming to create a global leader in aluminium. Hydro is expecting world aluminium demand outside China of 2% ...
Tags: aluminium extrudé, extruded aluminium, aluminium profile