Company News
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Company News
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Japanese Carmaker Nissan Has Vehicles Outperformed The Total Auto Industry
Nov 30, 2012Japanese carmaker Nissan has recorded 4.845 million units in global sales in the fiscal year 2011, up 15.8% from last year's 4.185 million units, as demand for its vehicles outperformed the total auto industry which increased 4.2%. Nissan ...
Tags: nissan, operating profits, record sales, vehicles, electric vehicle
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Essar Steel Algoma Posted Loss of US$88.40 Million for The Third Quarter of This Year
Nov 30, 2012Essar Steel Algoma, an integrated primary steel producer in Canada posted loss of US$88.40 million for the third quarter of this year, caused by high input costs and dropped selling prices. In the third quarter, the firm's selling ...
Tags: steel producer, steel input costs, Canada steel producer
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Tower Has Accomplished Its $75m Investment in Canopius Group
Nov 30, 2012Tower Group has accomplished its $75m investment in Canopius Group and subsequently acquired 10.7% of the ordinary share capital in the firm. Canopius, a privately owned Lloyd's of London insurance holding company offers insurance and ...
Tags: Tower Group, investment, Canopius Group, share capital, insurance
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The Republic Group Has Hired to Act as The Companies' Vice President of Claims
Nov 30, 2012Dallas-based P&C insurer, the Republic Group has hired Timothy Wiedmeyer to act as the companies' vice president of claims. Prior to this, Wiedmeyer worked with West Bend Mutual Insurance, a regional property and casualty insurer ...
Tags: Republic Group, Timothy Wiedmeyer, vice president, property insurance
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Tiger Brands Announced That It Was Holding Negotiations with Dangote Industries
Nov 30, 2012South African food company Tiger Brands has agreed to acquire 63.4% stake in Dangote Flour Mills, a leading manufacturer of pasta and flour in Nigeria, from Dangote Industries. Tiger Brands announced in May 2012 that it was holding ...
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BMS Group Has Appointed Glenn Kerr to Lead Its Wholesale and Facultative Business
Nov 30, 2012Insurance services provider BMS Group has appointed Glenn Kerr to lead its wholesale and facultative business in the Asia-Pacific region. Based in Sydney, Kerr will join the BMS wholesale team, led by BMS Wholesale CEO Nick Cook, on ...
Tags: BMS Group, Glenn Kerr, facultative business, insurance
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TI Has Opened a New Fuel Tank Systems Production Facility Located at India
Nov 30, 2012Fluid storage, carrying and delivery technology provider TI Automotive has opened a new fuel tank systems production facility located at Chennai, India. The new facility, which is built on an area of 73,000ft2, will produce fuel tank ...
Tags: new fuel tank production, ti automotive, new fuel tank systems
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BMW Has Reported 13.2% Rise in Its Vehicle Sales
Nov 30, 2012German carmaker BMW has reported 13.2% rise in its vehicle sales during October 2012 to 157,618 BMW, MINI and Rolls-Royce vehicles compared to 139,284 units delivered during the corresponding month in 2011. During the initial ten months ...
Tags: BMW, vehicle sales, rise
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Us-Based Conagra Foods Has Entered Into an Agreement to Acquire Ralcorp
Nov 30, 2012US-based ConAgra Foods has entered into an agreement to acquire Ralcorp, a leading manufacturer of private label food in the US, in a deal valued at approximately $6.8bn including debt. As a part of the agreement, Ralcorp shareholders ...
Tags: ConAgra Foods, acquire, Ralcorp, private label food
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Ziyang Pipe of Baoji Petroleum Steel Pipe Received Orders of Approximately 286,700 Tons
Nov 30, 2012It is reported that Chinese steel pipe maker Baoji Petroleum Steel Pipe Co., a subsidiary of China National Petroleum Corporation (CNPC) said that its Ziyang pipe plant received steel pipe orders of approximately 286,700 tons in the first ...
Tags: steel pipe, Petroleum Steel Pipe, pipe sales
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Patriot National Insurance Has Named Bob Peters as Its Chief Operating Officer
Nov 30, 2012Patriot National Insurance has named Bob Peters as its chief operating officer to manage the operational support of Guarantee Insurance. Peters will report to Charles Schuver, president of Guarantee Insurance and will be based at Patriot ...
Tags: Patriot National Insurance, Bob Peters, Guarantee Insurance, insurance
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Meritor Wabco Equips ABS Systemon on Two of Navistar's Class 8 Srucks as Standard
Nov 30, 2012Meritor Wabco has equipped its anti-lock braking system(ABS)on two of Navistar's class 8 trucks that are now standard equipment on the International ProStar and the LoneStar. Both Navistar trucks will join more than seven million Meritor ...
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Sonoco-Alcore Is Making Investment in Three of Its European URB Mills
Nov 30, 2012Sonoco-Alcore, the wholly owned subsidiary of global packaging company, Sonoco, will invest to make its system and product range energy efficient which is expected to be accomplished by September 2011. To acheive its goals, the company is ...
Tags: System Energy Efficient, electricity consumption, energy costs
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ArcelorMittal Wasn't Keeping Promises to French Government Over The Florange Plant Issue
Nov 30, 2012Reportedly, French Industry Minister Arnaud Montebourg on Monday said that ArcelorMittal was not keeping promises to French government over the plant issue in Florange industry. Suffered from the profit losses over years, ...
Tags: the profit losses, the world's largest steelmaker, blast furnaces
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Rich Products Uses The Customer Innovation Center to Collaborate with Food Companies
Nov 30, 2012US food company Rich Products plans to invest $18m to expand and revamp its customer innovation center at its headquarters in Buffalo, New York. The expanded customer innovation center will facilitate customer interaction from across the ...
Tags: food, invest, Rich Products, customer innovation center
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