Samsung is making an aggressive sales push in the U.S. market by expanding into thousands of third-party retail outlets where dedicated staff will sell and provide advice on the company's smartphones, tablets and entertainment products. ...
Tags: Samsung, Computer Products
Indorama Corp, a Singapore-based textile raw material and petrochemicals producing firm, which marks its presence in India through its fully-owned subsidiary – Indorama Industries Ltd – has unveiled its plan to increase the ...
Tags: Indorama, textile raw material, textile
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
The worldwide capital equipment market fell 15% last year to $36.9bn from $43.5 billion in 2011, says SEMI. SEMI expects a flat to single-digit decline trend this year and a strong recovery in 2014. ...
Tags: Capex Flat, capital equipment
Increased spending in NAND and flash by Micron, LEDs by Philips and Osram, and continued investments by GLOBALFOUNDRIES will create new opportunities for equipment and materials suppliers in Southeast Asia. These trends will be explored at ...
Tags: Electrical, Electronics, semiconductor
According to a report released by the South East Asia Iron and Steel Institute (SEAISI), steel consumption in the ASEAN countries has been growing at a compound annual growth rate of 10.7 percent between 2009 and 2012 and is expected to ...
Tags: ASEAN Steel, product capacity
Decreased customer inventories and depreciating Japanese yen and South Korean won against U.S. dollar are motivating Taiwan's machine-tool makers to accelerate expansions at home and overseas. Tongtai Machine & Tool Co., Ltd. will begin ...
Tags: Machine Tool, Hiwin Technologies
Toray Industries has announced a JPY3bn ($32m) investment in Asia to strengthen its vapor deposition capabilities for food packaging films. As part of the expansion plan, Toray Advanced Film (TAF) will introduce state-of-the-art vapor ...
Tags: Toray, food, food industry
Jaya Shree Textiles is once again working on a fresh capacity expansion plan for its Rishra based linen plant, situated about 30 km from Kolkata in West Bengal with a proposed investment of one billion rupees. The development has come ...
Tags: Jayashree textiles, linen plant, textiles
Indo-German JV company Schott Kaisha is all set to invest around INR1bn ($18.38m) in a bid to expand pharma packaging products capacity at its Jambusar unit in Gujarat state. The company has already invested INR1.36bn ($25m) in first ...
Tags: pharma packaging, packaging, pharma packaging products
Peer Foods Group, a US-based producer and distributor of major meats, is set to establish a new production facility in Cumberland, Indiana, creating 80 new jobs by 2014. As part of the expansion plan, the company will invest about $5.5m, ...
Tags: Peer Foods, Agriculture, Food
Celedinas Insurance Group has launched a new office in Boca Raton, Florida, US, as a part of its expansion plan into Boca Raton. Intended to provide exceptional local service and expert counsel to its client base in Southern Palm Beach ...
Tags: Celedinas Insurance Group, new office, US
Switzerland based SMS Concast has announced that it has received an order from the Indian steelmaker BMM Ispat for the delivery of a combined-caster. With the new caster, BMM Ispat will be able to produce 1.1 million mt of billets and ...
Tags: SMS Concast, steelmaker BMM, caster
Aurigen Capital has signed a definitive agreement to acquire Brokers National Life Assurance Company from Ameritas Life Insurance. Under the terms of the agreement, Aurigen Capital's unit Aurigen USA will buy Brokers National Life ...
Werner Co. today announced formal expansion plans into Canada. Through its recent acquisition of Knaack LLC, the company says it now offers an extensive product line for professional contractors. Its product line includes ladders, climbing ...
Tags: Werner Co, expansion plan, acquisition