Heavy-duty transit bus manufacturer New Flyer has secured a contract to supply 50 buses to the BC Transit, British Colombia in Canada. The deal includes a firm order for 25 units of the Xcelsior 40ft heavy-duty buses powered by the ...
Tags: Auto, Heavy-duty transit bus
Automobile manufacturers Chrysler and Fiat have jointly opened a new parts distribution center in Pretoria, South Africa under the automotive parts supplier brand Mopar. The new 19,000sqm facility will be used to distribute over 50,000 ...
Tags: Auto, Automotive Parts
Seiki Digital,which helped pull Ultra HD TV pricing down out of the stratosphere this spring when it started selling a 50-inch set for about$1,500,will be going even smaller this summer with a 39-inch model it says will sell for$700. ...
Tags: HD TV, Seiki, price, resolution
Germany based vehicle paintshops supplier, Duerr is planning to increase production in 2013 in order to meet the growing business in China and the US. The company expects the increase in business to result in new orders of worth EUR2.3bn ...
Tags: Automotive, Auto Parts
Swiss food company Nestlé is set to open two facilities in China next month, in order to take advantage of the increasing demand in the country. Greater China chairman and chief executive officer Roland Decorvet was quoted by the ...
Tags: Nestl, Agriculture, Food
Microalgae innovator Solazyme has entered into an agreement with starch producer Roquette to terminate the joint venture (JV) between the parties - Solazyme Roquette Nutritionals, with respect to their joint venture and operating agreement ...
Tags: Agriculture, Food
US-based Hormel Foods has introduced a new easy-to-open 200g tub for its Spam brand canned meats, which complements the existing 200g and 340g can varieties. According to the company, the new packaging will appeal to younger consumers, ...
Tags: Agriculture, Food, Hormel Foods
Q.E.P. CO., INC. recently announced that on Friday, June 21, 2013 its wholly-owned UK subsidiary, Q.E.P. Co. U.K. Limited, completed the purchase of the Plasplugs trade name and other assets of the Plasplugs business. Founded in the early ...
Tags: Q.E.P., Acquisition, Plasplugs, Homelux, fasteners
RPM International Inc. announced that Neil Jamieson has joined the company as Director, Global Tax Planning. In this role, he will work on projects ranging from corporate income tax planning to income tax compliance. Jamieson joins RPM ...
Tags: Global Tax, Service
Intelligrated, a North American-based automated material handling solutions provider, today announced three new additions to the account management and sales team of its New York-based software subsidiary, Knighted. The new hires will ...
Heavy-duty transit bus manufacturer New Flyer has completed the acquisition of the North American Bus Industries (NABI) from an affiliate of Cerberus Capital Management for a cash transaction of $80m. The acquisition includes a bus ...
Carlo Banfi, Managing Director of Sterling Fluid Systems (Italy) and President of Assopompe, the Italian Pump Manufacturers Association, is the new Europump President. He was elected President in Prague, the Czech Republic, in replacement ...
Tags: Carlo Banfi, Europump, President
Japanese carmaker Nissan has introduced the new ZEOD electric prototype race car, which is claimed to be world's fastest electric racing car, reaching speeds of over 300km/h with electric technology. The new Zero Emission On Demand ...
Tags: Nissan, Auto Parts&Accessories, Car
Czech automobile manufacturer Skoda, in co-operation with Volkswagen Group Russia and GAZ Group, has started the production of the new Octavia vehicle at the GAZ's Nizhny Novgorod plant in Russia. The plant, which already produces ...
Japanese automobile manufacturer Honda's subsidiary, Honda of South Carolina (HSC) has started the production of its new 2014 Pioneer multi-utility vehicle (MUV) at the Timmonsville plant in South Carolina, US. Over the next four years, ...