Company News
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Company News
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Mohawk Industries Entered Into a Definitive Agreement to Acquire The IVC Group
Jan 15, 2015Mohawk Industries has entered into a definitive agreement to acquire the IVC Group. IVC is a major manufacturer of sheet vinyl, luxury vinyl tile (LVT) and laminate, with operations in Europe and the U.S. and sales of approximately $700 ...
Tags: customary closing conditions, regulatory approvals, Construction
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Honda Introduced Its FCV Concept at The 2015 North American International Auto Show
Jan 15, 2015After making its debut in Japan, Honda has introduced its FCV Concept at the 2015 North American International Auto Show. The company is planning to launch the FCV Concept battery electric vehicle by 2016 in the US, and it is also ...
Tags: FCV Concept, Honda, Engine
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Flexcon Introduced a New PVDC-Coated Film to Address Demand for Resealable Food Packaging
Jan 15, 2015FLEXcon has introduced a new PVDC-coated film, known as optiFLEX RESEAL BARRIER Clear, to address the growing demand for resealable food packaging. The new offering, which will serve as a barrier against moisture to maintain food ...
Tags: FLEXcon, PVDC-coated film, Packaging
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Tesla's Model X SUV Expected to Be Launched in The Summer of 2015
Jan 15, 2015Tesla’s Model X SUV is expected to be launched in the summer of 2015, Ellon Musk told reporters at the Automotive News World Congress. The seven seater electric car is designed to provide space and functionality of an SUV and it ...
Tags: Tesla Model X, electric car
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Jim Beam Expanded Product Range by Introducting New Jim Beam Pre-Prohibition Styl Rye
Jan 15, 2015Jim Beam, a bourbon brand owned by Beam Suntory, has expanded its product range with the introduction of new Jim Beam Pre-Prohibition Style Rye. Bottled at 90-proof, new Jim Beam Rye is a pre-prohibition style Kentucky Straight Rye ...
Tags: Rye Whiskey, Jim Beam
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Hawaiian Host to Acquire Mauna Loa Macadamia Nut From The Hershey Company
Jan 15, 2015Hawaiian Host, US-based producers of Hawaiian chocolate covered macadamia nuts, has agreed to acquire Mauna Loa Macadamia Nut from The Hershey Company. An agreement to this effect was signed by Hawaiian Host and Hershey, reports ...
Tags: Macadamia Nut, Hawaiian chocolate
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Zomato to Raise $100m Through a Fresh Funding in a Month in Order to Fuel Growth
Jan 15, 2015Indian restaurant search service provider Zomato has acquired US-based food portal Urbanspoon for $52m in an all-cash deal and intends to raise approximately $100m through a fresh funding in a month in order to fuel growth. This purchase ...
Tags: food portal, Indian restaurant, Food
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Toyota Motor Is Planning to Open Two New Assembly Plants in China and One in Mexico
Jan 15, 2015Toyota Motor is planning to open two new assembly plants in China and one in Mexico, marking the end of its three-year freeze on building new vehicle assembly plants. Reuters reported Toyota's North American head Jim Lentz as saying that ...
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Volvo Unveiled Volvo S60 Inscription and The Volvo S60 Cross Country Sedans
Jan 15, 2015Volvo unveiled Volvo S60 Inscription and the Volvo S60 Cross Country sedans at the North American International Auto Show in Detroit. S60 Inscription will be manufactured at the Chengdu plant in China. Volvo has increased the rear space ...
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Chevrolet Introduced Another Eclectic Vehicle Dubbed Bolt EV Concept
Jan 15, 2015Chevrolet also introduced another eclectic vehicle dubbed Bolt EV concept which is designed to provide 200 miles of range, along with the 2016 Volt. The $30,000 car will allow drivers to select operating modes designed around preferred ...
Tags: Chevrolet, Electric Car
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Ford Chosen Aluminium Product Maker Constellium as The Supplier for Aluminum
Jan 15, 2015Ford has chosen aluminium product maker Constellium as the supplier for aluminum structural parts to be used in the Ford F-150 pickup truck. The pickup truck will use high-strength, military-grade, aluminum alloy as a build material, and ...
Tags: Ford, aluminium product, structural parts, Trucks
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Canadian Province Ontario Entering Into a Partnership with Auto Parts Manufacturer Linamar
Jan 15, 2015Canadian province Ontario is entering into a partnership with auto parts manufacturer Linamar, under which the company will invest $506.8m in the region. About $50.25m out of the $506.8m is expected to be given by Ontario for the creation ...
Tags: Linamar, auto parts
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British Fresh Prepared Foods Firm Bakkavor Acquires US-Based B. Robert's Foods
Jan 15, 2015British fresh prepared foods firm Bakkavor has acquired US-based B. Robert's Foods for an undisclosed amount The acquisition forms a part of the company's strategy to expand its presence in the fresh prepared foods sector for the US ...
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Chipotle Mexican Grill Planning to Stop Selling Pork at Over a Third
Jan 15, 2015Chipotle Mexican Grill is planning to stop selling pork at over a third of its restaurants across the US over violations of animal welfare. This comes after Chipotle found that one of its suppliers is not meeting its animal-welfare ...
Tags: pork, Chipotle Mexican Grill
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Stone Brewing Re-Brewing a Particular Collaboration Firstly Brewed in 2011
Jan 15, 2015Stone Brewing is re-brewing a particular collaboration that was first brewed in 2011 with Guam’s Ishii Brewing and Japan-based Baird Brewing Company. Baird / Ishii / Stone Japanese Green Tea IPA is brewed with Japanese sencha green ...
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