Japanese carmaker Mazda Motor has commenced production at its new plant, Mazda de Mexico Vehicle Operation (MMVO), in Salamanca, Mexico. The first model produced at this plant was Mazda3 sedan for the US market. MMVO will also produce the ...
Tags: Mazda Motor, MMVO Plant
Hemisphere Energy Corporation (TSX-V: HME) is pleased to announce that it has commenced operations for its winter drilling program with three development wells planned in the Atlee Buffalo and Jenner areas of southeast Alberta. ...
Tags: Hemisphere Energy Corporation, winter drilling program, Atlee Buffalo
Taiwanese LED chip manufacturer Epileds released their December consolidated revenue. Affected by stocktaking towards the end of 2013, revenue for December reached NT $110 million (US $3.7 million), a decrease of 6.87 percent compared to ...
Tags: LED chip, LED Lighting
Chinese LED chip manufacturers are conservative towards expansion, according to the Commercial Times. Forepi and Genesis Photonics Inc. (GPI) have temporarily stopped introducing new MOCVD units for 2014 and are aiming to increase ...
Tags: LED chip
It is reported that Korea iron and steel enterprises planned to expand capacity and growth in end-user industries such as the automobile industry and raw materials demand in 2014.Therefore, the country expected both domestic demand and ...
Tags: steel, metallurgy
The textile industry in Guatemala is estimating its exports to rise between 4 and 5 percent in 2014, as the supply to Haiti and Nicaragua is increasing, according to Association of Apparel and Textile Industry (Vestex), siglo21.com ...
Tags: Textile Exports, textile industry
Artisan has signed a purchase and sale agreement (subject to certain closing conditions) with Magnum Energy Inc. ("Magnum") (TSX VENTURE:MEN), to acquire Magnum's 50% working interest in 2,720 gross acres (1,360 net acres) of land in the ...
Tags: Artisan, purchase and sale agreement, Magnum Energy, Provost Asset
Dana Gas, the Middle East's leading regional private sector natural gas Company, announced today that it has received from the Egyptian Government authorities the payment of AED 194 million (US$ 53 million) from the current total ...
Tags: Dana Gas, AED, Egyptian Government, Investment
BASF and Gazprom signed the final agreement to swap assets of equivalent value. Through the swap, the BASF subsidiary Wintershall will further expand its production of oil and gas and exit the gas trading and storage business. The ...
Ford Motor Co. said it will add 5,000 jobs in the United States and launch 23 new vehicles globally in the upcoming year. "Next year, we are embarking on our most ambitious global launch year ever" said Raj Nair, group vice president for ...
Tags: Ford, employment
General Motors will invest just shy of US$1.3 billion ($1.45 billion) across five of its US manufacturing sites, with funding going towards production of a new V6 engine, an all-new 10-speed automatic transmission and an existing six-speed ...
Tags: General Motors, US Manufacturing
Kayser-Roth Corp., Greensboro, N.C., is investing up to $28 million to expand its Burlington, N.C., and Asheboro, N.C., plants, which manufacture legwear under its signature No nonsense® brand. The expansions are part of the company's ...
A number of applications today use clean dry air which is unique in itself. Many industries make use of this supreme power source to effectively run other products like pneumatics control systems, pneumatics tools and many others. To ensure ...
Tags: Compressed Air Dryer, Manufacturing, Processing Machinery
XL Hybrids, Inc., developer of a low-cost hybrid electric powertrain designed specifically for class 1 to 4 commercial fleet vehicles, today announced that it has raised $3 million in a pre-Series C debt financing round from WindSail ...
Tags: Electric Powertrain, XL Hybrids
It is reported that India steel authority (SAIL) announced to expand the production capacity and modernization projects are likely to completed by the end of 2014, when the annual production capacity will increase from 12.8 million tons ...
Tags: steel, metallurgy