Industrial & Commercial Bank of China (601398.SHA) will become a clearing bank for RMB transactions in Canada, The Wall Street Journal reported, citing a statement from China's central bank. The announcement comes one day after China and ...
Tags: ICBC, RMB Transactions, Service
Honda’s Canadian unit is planning to invest $857m into three of its Alliston, Ontario manufacturing facilities to prepare for manufacturing of its flagship Honda Civic compact car. The company's Alliston facility, which is located ...
Tags: Honda's Canadian unit, Alliston facility, flagship Honda Civic, Auto
Falken Tire Corp. executives are sharing details of the company’s new marketing strategy with dealers and media at the company’s new showroom style exhibit at the Specialty Equipment Market Association (SEMA) Show Nov. 4-7 in ...
Tags: Falken Tire, 2014 SEMA Show, Tire
The recent re-launch of the CanadaMark hallmark by Dominion Diamond Corporation is designed to enhance the company’s status as Canada’s primary diamond mining company. While CanadaMark is essentially a business-to-business (B2B) ...
Tags: Diamond, CanadaMark, Arts
FGL Sports saw retail sales increased 13.0 percent and same-store sales grew 8.5 percent in the third quarter over the same quarter last year, reflecting strong growth across key banners. Sport Chek, its largest banner by far, achieved its ...
Tags: FGL Sports, Sporting Goods
US Steel Canada announced Monday that it will lay off at least 56 workers following its decision last week to idle its Hamilton coke ovens. According to local news reports, the idling will eventually affect about 100 of the plant’s ...
Tags: coke ovens, Metallurgy
Columbia Sportswear Company reported record net sales of $675.3 million for the quarter ended September 30, 2014, an increase of $152.2 million, or 29 percent, compared with net sales of $523.1 million for the same period in 2013. Third ...
Leading casual furniture manufacturer Summer Classics announced that the company has signed a long-term lease for a 13,500 square-foot permanent showroom at the Las Vegas Market starting in August 2015, in concert with the launch of two ...
Tags: Las Vegas Market, casual furniture
Irish producer of alcoholic beverages C&C Group has reported 2.7% slump in operating profits to €69.2m during the six months ending August. The company said that its earnings before interest, tax, depreciation and amortisation fell ...
Tags: C&C Group, Operating Profits, Food
General Motors has announced plans to invest $240m at its Warren Transmission Plant in Michigan in the US to build electric drive unit for the second-generation Chevrolet Volt. The Volt powertrain components and battery cells are expected ...
Tags: General Motors, Plant, Accessories
Anchor Packaging, a manufacturer of rigid packaging, will add the new three-compartment 9” to its Gourmet Classics line of hinged RPET containers. Designed to keep the food fresh and appealing, the new product is best suited to pack ...
Tags: Anchor Packaging, Rpet Line, Printing
Processing and packaging equipment supplier MG America will launch its new Kartos I/100 Cartoner in the North American market post its showcase at Pack Expo conference. The cartoner offers a wide format range and is specifically designed ...
Tags: MG America, Cartoner
Net income at NYSE-listed UniFirst Corp, a supplier of workplace uniforms and protective clothing slipped 5.5% year-on-year in the fourth fiscal quarter ending August 31, 2014. Net income for the fourth fiscal quarter of 2014 reached ...
The exports of garments and clothing accessories from India increased by 17.6 percent in the first six months of the ongoing fiscal year 2014-15 to touch US$ 8.3 billion, over the same period of the previous fiscal year, according to the ...
The Goodyear Tire & Rubber Company's Air Maintenance Technology (AMT) for commercial vehicles will begin testing on U.S. trucking fleets in the next few months, as part of a research project supported by United States Department of Energy's ...
Tags: Goodyear, fleets, Accessories