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Cooper Standard to Launch New Global Performance Products Group at AAPEX

Dec 3, 2012

US based automotive supplier Cooper Standard is planning to introduce its new global Performance Products Group at the upcoming 2012 Automotive Aftermarket Products Expo (AAPEX) to be held in Las Vegas during 29 October to 01 November 2012. ...

Tags: Cooper Standard, light vehicle, Performance Products Group

Janesville Acoustics Has Unveil a New 90,000ft2 Plant in Central Mexico

Dec 3, 2012

Janesville Acoustics, a supplier to the automotive and transportation industry, has unveiled a new 90,000ft2 plant in central Mexico. The company said that the second Mexican manufacturing facility, which is located in Celaya, Guanajuato ...

Tags: Janesville Acoustics, acoustical performance, Marabond material

AJG Has Completed The Purchase of VEBA Service Group

Dec 3, 2012

Illinois-based insurance brokerage Arthur J. Gallagher & Co. (AJG) has completed the purchase of VEBA Service Group, a Spokane-based health reimbursement arrangement (HRA) consulting firm. As part of the acquisition, VEBA general manager ...

Tags: AJG, purchase VEBA Service Group, health insurance, insurance

Amcor's Flexibles Aquaflexcan 250ml Pouches Replaces Plastic Bottles

Dec 3, 2012

UK-based Amcor has launched Flexibles AquaFlexCan 250ml pouches for runners in place of plastic bottles. The company said the pack has a lower carbon footprint than plastic or glass bottles, weighing only 3g. When it is dropped on the ...

Tags: plastic bottles, carbon footprint, Eco-Friendly Pouch

Janssen Research & Development Has Submitted a Supplemental New Drug Application

Dec 3, 2012

Janssen Research & Development has submitted a supplemental new drug application (sNDA) with FDA, seeking approval to use Xarelto (rivaroxaban), an oral anticoagulant, to reduce the risk of stent thrombosis in patients with acute coronary ...

Tags: Xarelto, new drug application, pharmaceutical product

AJG Has Announced The Promotion of Eric Dean

Dec 3, 2012

Arthur J. Gallagher & Co. (AJG) has announced the promotion of Eric Dean, Jerome Hanner and Cara Richardson as the new corporate vice presidents. Arthur chairman, president and CEO Patrick Gallagher said: "All of these individuals have ...

Tags: AJG, corporate vice presidents, company management, executive promotion

Zurich Has Hired Michael Kerner as CEO of GI

Dec 3, 2012

Zurich Insurance (Zurich) has hired Michael Kerner as CEO of General Insurance (GI) and member of the Group Executive Committee (GEC), with effect from 1 September 2012, subject to regulatory approval. Currently, Kerner is acting as CEO ...

Tags: Zurich Insurance, Michael Kerner, General Insurance

Zurich Insurance Group Has Reported That Its Net Profit Attributable to Shareholders

Dec 3, 2012

Switzerland’s Zurich Insurance Group has reported that its net profit attributable to shareholders after taxes for the third quarter of 2012 has declined by 62% to $477m from $1.2bn during the same period a year ago. Total business ...

Tags: Zurich Insurance Group, net profit, insurance, quarter 1

Greggs Cooperates with Sherwood to Sherwood Create New Packs for Cupcakes

Dec 3, 2012

Greggs, a bakery products makes in the UK, has partnered with Sherwood Press Group to create new packs for cupcakes. A Korsnas Artisan board was used for print while Gratterpalm designed the graphics. Sherwood Press packaging design and ...

Tags: Cupcake Packaging, packs for cupcakes, neat closure

MTL Insurance Company Has Picked up The Sapiens ALIS Policy Administration System

Dec 3, 2012

MTL Insurance Company, a member of Mutual Trust Financial Group, has picked up the Sapiens ALIS policy administration system to administer its life and annuity business. The policy administrator will assist the US insurer to modernize its ...

Tags: MTL Insurance, policy administration system, life insurance

DuPont has agreed to sell its car paint business DPC to Carlyle Group for $4.9bn.

Dec 3, 2012

DuPont has agreed to sell its car paint business DuPont Performance Coatings (DPC) to private equity firm Carlyle Group for $4.9bn. DPC manufactures and supplies coating systems primarily for the transportation industry covering ...

Tags: DuPont, DPC, coating systems, car paint business

Moreland Insurance Has Signed an Agreement with Hiscox to Jointly Launch a New Policy

Dec 3, 2012

Moreland Insurance has signed an agreement with Hiscox to jointly launch a new policy, aimed to develop a ‘comprehensive safety net' for franchisors. Moreland director Maurice Logie said that the launch marks a significant step in ...

Tags: Moreland Insurance, Hiscox, safety insurance, insurance

MMA Has Acquired Security Insurance Services for an Undisclosed Amount

Dec 3, 2012

Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh, has acquired Security Insurance Services for an undisclosed amount. According to the underwriter, acquisition of Security Insurance Services will enable it to expand ...

Tags: MMA, Marsh, Security Insurance Services, acquisition, insurance

Manulife Financial Has Reported a Net Income of C$1.2bn

Dec 3, 2012

Manulife Financial has reported a net income of C$1.2bn, or C$0.62 diluted earnings per share, for the first quarter of 2012, compared to C$985m, or C$0.53 diluted earnings per share, for the same period in 2011. The total revenue for the ...

Tags: Manulife Financial, net income, diluted earnings, finance news

Saham Finances Has Signed a Deal with Bank Audi - Audi Saradar Group

Dec 3, 2012

Morocco based Saham Finances has signed a deal with Bank Audi - Audi Saradar Group to buy 81% of the capital of LIA Insurance for an undisclosed amount. The deal is subject to customary closing conditions and concerned regulatory ...

Tags: Saham Finances, Morocco, Audi Saradar Group, LIA Insurance, insurance