The head of Daimler and Mercedes-Benz has been given three more years to lift his company’s lethargic profits and sales and attempt to close the gap to its luxury German rivals. The supervisory board of Daimler AG voted to extend ...
Tags: Mercedes-Benz, luxury German rivals, BMW
Bridgelux has appointed Brad Bullington as its new CEO, Marl and Bivar have formed a global alliance, KaiStar has ordered more LED manufacturing systems from Veeco, and Lextar has completed its merger with Wellypower. Bridgelux appoints new ...
Tags: LED Business, LED, LED makers
UK-based meat processing company Cranswick Country Foods is set to establish a new pork packing plant in Hull, a move which is expected to create 100 jobs. This move comes after the company secured a 30m contract to supply pork products ...
Tags: Foods, pork packing plant, meat processing
General Motors (GM) will invest $200m to construct a new test wing in its Global Powertrain Engineering Headquarters located at Pontiac in Michigan, US. The new test wing, which is expected to complete in second half of 2014, will have a ...
Tags: General Motors, Global Powertrain Engineering Headquarters, Pontiac
The Amgen pharmaceutical of The United States invested two hundred million to build a new plant in Singapore, It is reported that the new plant will be located in Singapore Tuas Biomedical Park. The Amgen pharmaceutical company said that ...
Veeco has received an order for multi- and single-chamber TurboDisc® MOCVD Systems, including the new MaxBright® M™, from KaiStar Lighting Co., Ltd., a joint venture between Epistar Corporation and Shenzhen Kaifa Technology ...
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA Inc has received an order for multi- and single-chamber TurboDisc metal-organic chemical vapor deposition (MOCVD) systems, including the new ...
Tags: LED production, LED, Lighting
Iconic and now wholly Chinese-owned car maker MG is the fastest-growing British brand in the UK, according to official industry data. Figures released by the Society of Motor Manufacturers and Traders reveal MG sales grew by 117 per cent ...
British carmaker Jaguar plans to boost its presence and visibility in Bahrain in the next few years through a major campaign that will not only promote the brand as an affordable luxury car but also its heritage. Mr Stephen Harris ...
Tags: Jaguar, campaign, luxury car, car industry
Private company Sichuan Hanlong Company, after the approval of Anshan Steel s biggest ever expansion plan on iron ore mines, is in view of a partnership with state owned enterprises to build up a major iron ore mine in western Africa. ...
Tags: Sichuan Hanlong Company, Anshan Steel, iron ore, mining
MENAFN reported that Aluminium Bahrain stated that it has inked USD169 million bank loan agreements with several banks to refinance a bond maturing in March Alba said that it inked a USD85 million 5 year loan deal with a local commercial ...
Tags: MENAFN, Aluminium Bahrain, loan, Alba
Toner Cartridge Barn (TCB), a premier retailer of high-quality compatible toners and inks, is now offering original equipment manufacturer (OEM) products to all its customers as part of its strategic expansion plan. As part of the ...
Hindustan Copper Limited has earned Profit before tax of INR 472.92 crore for the financial year 2011-12 which is highest ever since inception. The Company has paid INR 92.14 crore as dividend to Government of India for the year 2011-12. ...
Tags: HCL, Copper, Ore Production, Ore
Recently,Formosa Epitaxy Inc.(FOREPI)will ship LED devices to LCD TVs and lighting supplied by mainland Chinese manufacturers via its Japanese shareholder Mitsui&Co.,Ltd in the third quarter,according to FOREPI's Chairman F.R.Chien.And the ...
Tags: LED LCD TV Mitsui FOREPI Mainland China, Formosa Epitaxy Inc.(
Reuters reported that African Minerals Ltd will expand its existing rail and port infrastructure rather than build a new port to serve its flagship iron ore mine in Sierra Leone,a move,will save it about USD 1 billion. African ...
Tags: rail, port infrastructure, expansion, iron ore mine