Company News
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Company News
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Eastman Announced That It Has Entered Into a Definitive Agreement to Acquire Commonwealth
Apr 2, 2014Eastman Chemical Company announced that it has entered into a definitive agreement to acquire Commonwealth Laminating & Coating, Inc. The company, which had 2013 sales revenue of approximately $100 million, is an independent manufacturer ...
Tags: Construction, Decoration, Coating, Chemical
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Maple Leaf Foods Announced Changes to Its Organizational Structure and Leadership
Apr 2, 2014Maple Leaf Foods today announced changes to its organizational structure and leadership that will be effective upon completing the sale of its 90% ownership in Canada Bread Company, Inc. to Grupo Bimbo, S.A.V. de C.V., which is expected to ...
Tags: Agriculture, Food
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Volkswagen Signs Joint Declarations with Chinese Partners in Forward-Looking Technologies
Apr 2, 2014German automaker Volkswagen Group has signed joint declarations with its Chinese joint venture partners SAIC Motor and First Automotive Works (FAW) Group to work collaboratively in the field of forward-looking technologies. Under the ...
Tags: Volkswagen, Automotive, automotive industry
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Increase Mercedes-Benz Production Capacity in China
Apr 2, 2014In the presence of Germany’s Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further ...
Tags: Daimler, BAIC, Mercedes-Benz
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Opel Is Set to Invest Eur245m at Its Ruesselsheim Plant
Apr 2, 2014German automobile manufacturer Opel is set to invest EUR245m at its Ruesselsheim plant in Germany to produce two additional vehicles later in the decade. The plant will also be responsible for the assembly of a future model under its ...
Tags: Opel, German Vehicle Production, automobile
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Toyota Motor Is Recalling 119,140 Avalon Vehicles of Certain Model Year 2003-2004
Apr 2, 2014Japanese automaker Toyota Motor is recalling 119,140 Avalon vehicles of certain model year 2003-2004 in the US, due to a problem with the supplemental restraint system (SRS) circuits. The SRS circuits in these vehicles are prone to ...
Tags: Toyota, Avalon Vehicles, Recall
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EGM Walhorn and Arla Foods Have Unveiled Plans to Merge Their Activities
Apr 2, 2014European dairy produce cooperatives Eupener Genossenschaftsmolkerei Walhorn (EGM Walhorn) and Arla Foods have unveiled plans to merge their activities. The boards of directors have announced plans to their members and the representatives. ...
Tags: Arla Foods, Dairy Activities, dairy produce
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Ardo and Dujardin Foods Have Entered Into an Agreement to Merge Their Activities
Apr 2, 2014Belgian frozen food firms Ardo and Dujardin Foods have entered into an agreement to merge their activities. The financial terms of the transaction have not been disclosed. The move is aimed at creating a strong working platform that ...
Tags: Dujardin Foods, frozen food, Ardo
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Fashion Seal Healthcare Announces The Release of The New Simplysoft Line of Scrub Uniforms
Apr 1, 2014Fashion Seal Healthcare, a signature brand of Superior Uniform Group, Inc., announces the release of their new SimplySoft line of scrub uniforms, as seen in their newly released Scrub Catalog 406. Part of their FSH Soft Series, the ...
Tags: Scrub Uniforms, SimplySoft, Superior Group
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Chinese Steelmaker Chongqing Iron and Steel Co. Has Issued Its Financial Results for 2013
Mar 31, 2014Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has issued its financial results for 2013, posting an operating revenue of RMB 17.563 billion ($2.87 billion), down ...
Tags: Chongqing Steel, Iron, Steel
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Maanshan Iron & Steel Co. Issued Its Financial Results for 2013
Mar 31, 2014On March 27, Anhui Province-based Chinese steelmaker Maanshan Iron & Steel Co. (Masteel) issued its financial results for 2013, announcing an operating revenue of RMB 73.85 billion ($12.07 billion), while it achieved a net profit of RMB 157 ...
Tags: steelmaker, Iron, Steel
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BlackBerry Continued to Struggle During The Company's Fiscal Fourth Quarter
Mar 31, 2014BlackBerry continued to struggle during the company’s fiscal fourth quarter, experiencing a huge drop in revenue and a $423 million net loss. Revenue for the fourth quarter of BlackBerry’s fiscal 2014, which ended March 1, was ...
Tags: Blackberry, smartphones
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Microsoft Has Released Office for iPad Alongside Office Mobile Apps for iPhone and Android
Mar 31, 2014Microsoft has finally released Office for iPad alongside Office Mobile apps for iPhone and Android. The individual apps – Word for iPad, PowerPoint for iPad and Excel for iPad – are free to install, but only allow you to ...
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Solargiga Energy Swung From a Net Loss of CNY136.4 Million in The First Half of 2013
Mar 31, 2014China-based PV maker Solargiga Energy swung from a net loss of CNY136.4 million (US$22 million) in the first half of 2013 to net profit of CNY927,000 in the second, resulting in a net loss of CNY135.5 million for 2013, according to the ...
Tags: PV maker, Solargiga, Solar-grade
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Honda, Toyota Make Plan to Introduce Fuel-Cell Vehicles
Mar 31, 2014Japanese carmaker Honda Motor in collaboration with Toyota Motor is planning to introduce fuel-cell vehicles in 2015. Both the carmakers expect to produce 1,000 vehicles per annum. Currently, Honda is developing a five-passenger sedan, ...
Tags: Honda, Toyota, Fuel-Cell Vehicles
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