Volvo Cars is planning to invest $500m to build a new manufacturing facility in the US, as a part of the company's long-term plan for the market. With the new plant, the carmaker aims to exceed its volume targets in the US, with plans ...
Tags: Volvo, Cars, Auto Parts
PSA Peugeot Citron's Trémery plant in north-eastern France has announced plan to add a new production module to meet rise in demand for the EB Turbo PureTech three-cylinder petrol engine. The company's executive committee took the ...
Tags: PSA, Turbo, Auto Parts
The Russian joint venture between PSA Peugeot Citroen and Mitsubishi, PCMA Rus is planning to suspend production of Peugeot, Citroen and Mitsubishi models in the country. The joint venture, which operates a plant in Kaluga, about 180 km ...
Tags: SUV, PCMA, Auto Parts
The US Department of Energy has given conditional commitment loan worth $259m to Alcoa to manufacture high strength aluminum for light weight vehicles. The loan will support the aluminum makers Tennessee manufacturing facility, where the ...
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Xindayang, an obscure company in China's burgeoning new energy vehicle industry, is looking to carve out a niche with its ZD-brand pure electric micro cars.Earlier this month, Xindayang revealed an aggressive plan to build a 300,000-unit ...
Honda Cars India (HCIL) is planning to expand its second automobile production plant in Tapukara Industrial Area, Rajasthan. The company is planning to invest Rs3.8bn ($60.4m) to expand the capacity of the plant, which includes extension ...
Tags: Honda, Facility, Auto Parts
Ford has inaugurated its $1bn integrated manufacturing facility along with an engine plant in Sanand, Gujarat which will double the company’s manufacturing capacity in India. The facility, which is spread across 460 acres, will ...
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Huntsman Textile Effects said it is working closely with Korean textile exporter Daechun Co. Ltd to deepen its commitment to sustainability. Under a MoU signed on March 25, Huntsman Textile Effects will help Daechun streamline operations ...
US-based chicken processor Koch Foods is reportedly planning to invest $7.5m on expansion of its chicken processing plant in East Gadsden, Alabama.The Gadsden City Council approved non-education tax abatements for the company, which is set ...
Specialty chemicals producer Clariant has inaugurated a new manufacturing facility that it acquired through its recent purchase of healthcare packaging company VitaPac. The addition of the manufacturing facility, located in southeast ...
Tags: packets, Manufacturing, Packaging
Japan-based Mitsui has announced an agreement to acquire 15% stake in Turkey’s integrated packaging manufacturer Sarten Ambalaj Sanayi ve Ticaret. In a statement, Mitsui said that it will acquire the stake after accepting a ...
Automotive and industrial component maker ITT has planned to invest $20m in its plant in Wuxi, Jiangsu Province of China for the expansion of braking technology production. According to the company, the recent investment has brought the ...
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General Motors is reportedly planning to build its next-generation Chevrolet Cruze at Coahuila plant in Mexico. The company is also planning to invest $350m for the production of the next generation small car, reported Reuters. ...
Tags: Motors, Chevrolet, Auto Parts
Jaguar Land Rover has announced plan to invest 600m in West Midlands, UK for the creation of new products and advanced vehicle manufacturing. The company will be investing more than 400m at Castle Bromwich plant to upgrade the facility ...
Tags: Jaguar, Land Rover, Auto Parts
Dunbia Northern Ireland, part of the Dunbia Group, is set to invest 27m to create a new intelligent boning hall and upgrade the company's beef mince line as well as diced & burger line at its Tyrone meat processing plant. The company's ...