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Letter of Intent
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BMW Plans to Build Electric Mini Vehicles in China
Feb 28, 2018BMW Group has signed a letter of intent with Great Wall Motor on local production of future battery-electric MINI vehicles in China. In addition to production of the first battery electric MINI at the main plant in Oxford starting in ...
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GaN Systems and Taiwan's Ministry of Economic Affairs Collaborate on GaN Technology to Meet Global Power Challenges
Oct 10, 2017GaN Systems Inc of Ottawa, Ontario, Canada – a fabless developer of gallium nitride (GaN)-based power switching semiconductors for power conversion and control – and Taiwan’s Ministry of Economic Affairs (MOEA) have ...
Tags: GaN Systems, Power Challenges
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Multi Packaging Acquires Us Label Manufacturer Paris Art
May 3, 2017Print and packaging provider Multi Packaging Solutions International (MPS) has acquired Paris Art Label for an undisclosed price. MPS had signed a letter of intent in March this year to acquire the American manufacturer of labels and ...
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Volvo Cars, Autoliv Establish Autonomous Driving Joint Venture
Jan 9, 2017Volvo Cars and Autoliv have signed a final agreement to set up a new joint venture (JV) for the development of software for autonomous driving and driver assistance systems. The deal is based on the letter of intent announced during fall ...
Tags: Volvo Cars, Autoliv
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Australia's Streamline Cartons Invests in KBA Rapida 105 Sheetfed Offset Press
Jan 6, 2017Australia-based packaging producer Streamline Cartons has invested in first sheetfed offset press, KBA Rapida 105 solution for UV print and finishing. The new press, which features six printing units, inline coating tower and full ...
Tags: packaging, Sheetfed Offset Press
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PSA Signs Loi with Stafim to Assemble Peugeot Brand Pick-up Truck in Tunisia
Dec 16, 2016PSA Group and STAFIM have signed a letter of intent to assemble and sell a Peugeot brand Pick-up truck in Tunisia. This planned assembly plant will start operations in mid-2018, producing 1,200 units annually to meet the demand in the ...
Tags: Pick-up Truck, PSA Group
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Cellana, PIVEG Sign Loi to Develop Omega-3 Oils and Other Applications From Algae Biomass
Nov 9, 2016Cellana and PIVEG have signed a letter of intent to jointly develop and commercialize Omega-3 oils and other high-value applications from algae biomass. Financial terms of the deal have not been disclosed. Cellana presently produces ...
Tags: Cellana, Omega-3 Oils
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Airbus to Send 1st A350 to China
Oct 14, 2016European aircraft manufacturer Airbus Group SE said it expects to deliver its first A350 to Chinese airlines in the second half of next year and is bullish about the country's demand for widebody aircraft, fueled by fast-growing long-haul ...
Tags: Aircraft, Transportation
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Naturally Splendid to Acquire Packaging Equipment From Eat Real Snack Food Canada
Sep 28, 2016Naturally Splendid Enterprises announced that it has signed a letter of intent with Eat Real Snack Food Canada (ERSF) to enter into a definitive agreement whereby Naturally Splendid will acquire certain packaging equipment owned by ERSF. ...
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Saudi Refining, Inc. and Shell Sign Letter of Intent to Separate Motiva Assets
Sep 28, 2016Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
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Gorman-Rupp to Acquire Morrison Pump
Sep 6, 2016The Gorman-Rupp Co subsidiary Patterson Pump Co has completed a letter of intent to acquire Morrison Pump Co. Founded in 1999, Hollywood, Florida, USA-based Morrison manufactures and services large capacity pumping systems primarily for ...
Tags: Morrison.Gorman-Rupp
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Aoxin Tianli Partners with Shangzhi Xiaop to Sell Black Hog Pork Products Online
Aug 24, 2016China’s Aoxin Tianli Group, a producer of breeder hogs, market hogs and black hogs, has signed an agreement with Shangzhi Xiaop (Dalian) E-Commerce to sell its products online. As per the agreement, Aoxin Tianli will sell its ...
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Organto Foods to Form Joint Venture with Private Firm in Mexico
Jun 23, 2016Organto Foods has announced that it has entered into a letter of intent (LOI) with a Mexico-based privately owned real estate investment management to form a new food and agricultural joint venture. The proposed joint venture will be ...
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BAIC BJEV Signs Cooperation with Dresden University of Technology for Light Weighting Electric Cars
Apr 18, 2016BAIC BJEV, a new energy automaker in China, has signed a strategic cooperation agreement for Sino-German Automotive Light Weighting Technology Joint R&D Center with Dresden University of Technology (TUD) in the Council Chamber of the state ...
Tags: Electric Cars, energy automaker
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Transilwrap to Purchase Dow Chemical's Global Specialty Films Business
Apr 5, 2016Transilwrap Company, a manufacturer of specialty film products, has signed a letter of intent to acquire the specialty films business of US based Dow Chemical. Dow's specialty films business provides film solutions used in medical, ...
Tags: Transilwrap, Film products, Dow Chemical