German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
The automotive LIDAR (light detection and ranging) system market is growing from $230m in 2016 to $2.5bn in 2026, with LIDAR semiconductor revenue rising from $103m to $1.8bn, according to a report by IHS Markit. The current generation of ...
Tags: semiconductor, cameras
Norwegian ice cream manufacturer Diplom-Is has given a new look to the packaging of its sandwich products using the digital printing expertise of Flextrus’ Mediaköket. Based in Sweden, Flextrus manufactures flexible extruded ...
Tags: Flextrus Nordic, ice cream
During the 67th Anternational Motor Show, as known as InternationaleAutomobil-Ausstellung (IAA), the world's largest motor show taking place in Frankfurt, Germany, annually, several heavy-weight exhibitors expressed growing worries that ...
Tags: Car Manufacturers, EV
XMS Capital Partners has announced that it served as financial advisor to Veritiv on its acquisition of All American Containers, a family-owned and operated distributor of rigid packaging, including plastic, glass and metal containers, ...
Tags: American Containers, Containers
Inventure Foods has agreed to divest its frozen business unit to Oregon Potato Company (OPC) for $50m as part of its ongoing strategic and financial review. Under the terms of the definitive asset purchase agreement, the Arizona-based ...
Tags: Inventure Foods, Frozen Foods
Food firm Tulip, part of the Danish Crown group, has acquired UK pig producer Easey. Easey Holdings Ltd is a family-owned pig farming operation consisting of four key divisions – breeding herds(sows), growing herds, a veterinary ...
Tags: Food firm Tulip, Tulip Agriculture
Volkswagen has unveiled a plan to roll out 80 new electric vehicles, including about 50 purely battery-powered vehicles and 30 plug-in hybrids, by 2025. The company launched what it claims to be the most comprehensive electrification ...
Tags: Volkswagen, electric vehicles
NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks in telecom and data-center applications) ...
Chocolate and cocoa products manufacturer Barry Callebaut has agreed to purchase the ingredients division of Gertrude Hawk Chocolates. This acquisition will strategically expand Barry Callebaut’s Specialties & Decorations business, ...
Tags: Chocolate, cocoa products
Patent Portfolios--6th in the Semiconductor-Manufacturing Sector and 24th Overall Peregrine Semiconductor Corp of San Diego, CA, USA – a fabless provider of radio-frequency integrated circuits (RFICs) based on silicon-on-insulator ...
Tags: Semiconductor, pending patents
Flexible packaging firm ProAmpac has acquired US-based PolyFirst Packaging for an undisclosed sum. Based in Wisconsin, PolyFirst Packaging is engaged in the production of printed/customized roll stock and various types of plastic pouches ...
Packaging solutions provider Coveris has invested in two Hosokawa Alpine coextrusion lines to expand its business in food and consumer sectors across the UK. Coveris signed an agreement with KPMG, the administrators of Gelpack Excelsior, ...
Premier Foods has entered into a strategic global partnership with Mondelēz to renew its license of producing and marketing Cadbury branded cakes and other ambient dessert products. This is further to the announcement on 8 May 2017 ...
Tags: Premier Foods, Cadbury Cake
Komori Europe Corporation and Highcon Systems have entered into a strategic selling agreement, further strengthening the existing Highcon relationship with Komori in Japan and America. Komori Europe is in the process of installing a ...
Tags: Komori Europe, Highcon Systems