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Brexit, Commodities Force Arla Foods to Launch Cost-Cutting Plan

Apr 24, 2018

European dairy giant Arla Foods has initiated an internal transformation program in an effort to realize more than €400m of savings by the end of 2020. The program, dubbed Calcium, seeks to strengthen the company's performance to the ...

Tags: Brexit, Arla Foods

OFD Foods Breaks Ground on $25m Manufacturing Plant in New York's Monroe County

Apr 24, 2018

OFD Foods, a supplier of freeze-dried food for the US Military, has started construction on a $25m, nearly 50,000ft2 facility in the Town of Henrietta, Monroe County in New York State. The facility, which will be operating by the end of ...

Tags: OFD Foods, dried food

Electrify America Selects Suppliers for EV Chargers Installation in US

Apr 23, 2018

Electrify America has selected ABB, BTC Power, Efacec and Signet to jointly install more than 2000 ultra-fast electric vehicle (EV) charging systems across the US. The chargers will be installed across 484 stations in the US. The ...

Tags: Electrify America, charging system

Mondelez Opens $90m Biscuit Manufacturing Plant in Bahrain

Apr 23, 2018

Confectionery giant Mondelēz International has opened a new $90m biscuit manufacturing plant in Bahrain. The new 250,000m2 plant will manufacture the confectionery and snacking firm’s power brands that include Oreo cookies and ...

Tags: Mondelez, Biscuit

Toyota Plans to Sell Talking Vehicles in US in 2021

Apr 18, 2018

Toyota and its luxury brand Lexus are planning to launch technology to connect vehicles and infrastructure in the US in 2021. The two companies plan to deploy dedicated short-range communications (DSRC) systems on vehicles sold in the US ...

Tags: Toyota, Talking Vehicles

Key Safety Systems Buys Vehicle Safety Systems Supplier Takata for $1.5bn

Apr 16, 2018

A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...

Tags: Joyson Safety Systems, Vehicle Safety Systems

Anheuser-Busch's Bud Light Expands Citrus Portfolio

Apr 13, 2018

Anheuser-Busch’s Bud Light is expanding its citrus portfolio with new lagers, which are brewed with real lime and orange peels. Bud Light Lime and Bud Light Orange are claimed to offer a clean and crisp taste with natural citrus ...

Tags: Anheuser-Busch, orange peels

New Ford Focus to Go on Sale in Europe and China

Apr 12, 2018

Ford has unveiled the all-new, fourth-generation Focus compact car, which is due to be launched later this year in Europe and China. The new Focus car features the latest advanced technology with more space and a better fun-to-drive ...

Tags: Ford, compact car

California Proposes to Allow Passengers in Autonomous Vehicles

Apr 12, 2018

The California Public Utilities Commission (CPUC) has issued a proposal, which would allow passenger carriers to provide free test rides in autonomous vehicles. The proposal would authorize transportation firms using autonomous vehicles ...

Tags: Autonomous Vehicles, passenger carriers

Oliver Healthcare Packaging Opens Manufacturing Facility in Suzhou, China

Apr 12, 2018

Oliver Healthcare Packaging has opened a new 68,000ft2 manufacturing facility in Suzhou, China, to expand its operations in the regions. The new Chinese facility will be used for pouch making, roll stock converting, including slitting and ...

Tags: Oliver Healthcare, Packaging

Tesla Misses out Model 3 Production Targets

Apr 10, 2018

Electric car-maker Tesla Motors has missed its Model 3 targets for the first quarter of this year. Last week it produced 2,020 of Model 3, against the target 2,500 vehicles. For the next week, the company forecasts to produce 2,000 ...

Tags: Tesla, Tesla Motors

Volkswagen of America Unveils Full Pricing of All-New 2019 Jetta

Apr 10, 2018

Volkswagen of America has announced full pricing of the all-new 2019 Jetta, which the company says raises the bar in the compact sedan class, with new technology features. Now based off the award-winning MQB platform, the 2019 Jetta ...

Tags: Volkswagen, 2019 Jetta

BMW, Daimler Agree to Merge Mobility Services Business Units

Apr 10, 2018

German automakers BMW and Daimler have agreed to merge their respective mobility services business units into a joint venture (JV) in which each company will hold a 50% stake. The agreement will bring together the companies’ ...

Tags: BMW, Daimler

Cargill to Install Chicken Processing Technology at Ontario Facility

Apr 8, 2018

Cargill Protein is investing CAD$22m ($17.08m) to install a controlled atmospheric stunning (CAS) system at its chicken processing facility in London, located in the Canadian province of Ontario. The system replaces electric stunning and ...

Tags: Cargill, Chicken Processing Technology

BMW to Showcase New Mini Electric at New York International Auto Show 2018

Apr 8, 2018

BMW is set to showcase its new Mini Electric at this year’s upcoming New York International Auto Show to be held between 30 March 30 and 8 April this year. The classic Mini Electric combines the historic look of the world’s ...

Tags: BMW, Auto Show 2018