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Company News
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Sogefi Has Ended Talks to Buy ThyssenKrupp's Suspension Business
Dec 6, 2012Reuters reported that Italian car components maker Sogefi has ended talks to buy ThyssenKrupp's suspension business, Eibach Federn. Mr Rodolfo De Benedetti chairman of Sogefi said that "We have decided not to continue. We are focused on ...
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Samsung's Galaxy Appeal Would Ship with a High-Performance 3G CMOS Silicon PA
Dec 6, 2012Samsung's Galaxy Appeal is one of the first mass-produced phones to ship with a high-performance 3G CMOS silicon power amplifier (PA), according to market analyst firm ABI Research in its 'SAMSUNG GALAXY APPEAL (I827) Teardown' report. ...
Tags: CMOS, silicon power amplifier, 3G CMOS, PA
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Hyundai Motors and Its Chinese Partner Is Recalling About 97,542 Cars Over Airbags Issue
Dec 6, 2012South Korean carmaker Hyundai Motors along with its Chinese partner is recalling about 97,542 cars over airbags issue. According to the China General Administration of Quality Supervision, Inspection and Quarantine, the recall is ...
Tags: Hyundai, recall, Elantra cars, China
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Two Stages of Hot Run Test for Alloy Steel Round Bar Production Line of SGIS Shongshan
Dec 6, 2012SGIS Shongshan Company, a leading Guangdong Province-based Chinese steel producer has planned to conduct two stages of hot run test for alloy steel round bar production line. After the commission of the production line, its yearly ...
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BASF Has Expanded The Territories of Two Exclusive Distributors for Industrial Kaolin
Dec 6, 2012BASF Corporation has expanded the territories of two exclusive distributors for its Industrial Kaolin Business, Brandt Technologies of Bensenville, Illinois, and Ribelin Sales, Inc. of Garland Texas. Effective January 1, 2013, Brandt ...
Tags: BASF, exclusive territory assignments, North American distributors
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PPG CFO Navikas Will Participate in The 2012 Citi Basic Materials Symposium in New York
Dec 6, 2012PPG Industries’ senior vice president, finance and chief financial officer David B. Navikas will participate in the 2012 Citi Basic Materials Symposium in New York City on Tuesday, Nov. 27, at 9:30 a.m. ET. Navikas will discuss ...
Tags: PPG Industries, PPG CFO, Navikas
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Volkswagen is planning to invest about EUR3.4bn to refresh its model lineup and facilities
Dec 6, 2012German carmaker Volkswagen is planning to invest about EUR3.4bn ($4.4bn) in refurbishing its model lineup and facilities in Brazil. The investment, which runs through 2016, includes EUR126m to expand capacity at its engine facility in ...
Tags: Volkswagen, invest, Brazil
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Tower Group Has Completed Its Previous Integration with Canopius Holdings
Dec 6, 2012Tower Group has completed its previous integration with Canopius Holdings Bermuda Limited and Canopius Bermuda, being managed by Canopius Group. The consolidation of both firms will create a global specialty insurance firm with greater ...
Tags: Tower Group, Canopius Holdings Bermuda Limited, Canopius Bermuda
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Volkswagen Cross up! Has Been Spotted in Europe Completely Undisguised
Dec 6, 2012A production-ready prototype of the Volkswagen Cross Up! has been spotted in Europe completely undisguised–save for a fresh dumping of snow. Appearing almost identical to the Volkswagen Cross Up!concept that debuted alongside four ...
Tags: Volkswagen Cross Up, Europe, 2011 Frankfurt motor show, city car
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Siemens Has Confirmed That It Will Conduct a Spinoff of 80.5% of Osram Shares
Dec 6, 2012After shelving its plans for an IPO of Osram, its lighting subsidiary, Siemens has confirmed that it will conduct a spinoff of 80.5% of Osram shares. Siemens AG, the industrial conglomerate that owns lighting manufacturer Osram, has ...
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Shenandoah Life Insurance Co Has Successfully Exited Receivership
Dec 6, 2012Shenandoah Life Insurance Co has successfully exited receivership, following a $60m capital infusion. The Virginia State Corporation Commission ordered about the transaction, allowing the firm to resume normal operations, such as ...
Tags: Shenandoah Life Insurance Co, insurance companies, policyholders
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The New Luxeon T Is Intended by Lumileds to Be The Primary LED Sold Into High-Power
Dec 6, 2012The new Luxeon T is intended by Lumileds to be the primary LED sold into high-power, directional SSL products such as downlights and MR16 and PAR retrofit lamps. Philips Lumileds has introduced the new Luxeon T series of high-power LEDs ...
Tags: Philips, LEDs, green LED, solid-state lighting, SSL
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BASF Sponsored The Canadian International Autoshow's 40th Anniversary Charity Gala
Dec 6, 2012BASF Canada’s coatings division recently sponsored the Canadian International Autoshow’s 40th Anniversary Charity Gala at the Metro Toronto Convention Center. This year’s charity auction featured a limited edition Camaro ...
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Scania Has Been Awarded a Contract to Supply City Buses for Transantiago Transport System
Dec 6, 2012Scania has been awarded a contract to supply 231 K 230 4X2 city buses to the Chilean capital Santiago’s Transantiago transport system. The sale will facilitate Scania to start its operations in the Transantiago, linking bus lines ...
Tags: Scania, city buses, Transantiago
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KMOP Acquired Instrument Systems GmbH
Dec 6, 2012Konica Minolta Optics, Inc. (KMOP) today announced that it has acquired Instrument Systems GmbH (IS), a major German lighting measurement equipment manufacturer. As a business company of the Konica Minolta Group, KMOP manufactures and sells ...
Tags: Konica Minolta Optics, acquired, Instrument Systems GmbH
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