Extrusion major Gloucester Engineering Co. Inc. has expanded its technology base with the acquisition of blown film specialist Future Design Inc. Of Mississauga, Ontario. Gloucester announced the acquisition March 6 but did not disclose ...
Tags: Extrusion
CVC Capital Partners Ltd., the buyout firm that owns Formula One, agreed to buy Ahlsell AB for 1.8 billion euros ($2.4 billion) to expand in the wholesale supply of tools, machinery and building products. CVC is buying the Stockholm-based ...
B. C. Is moving ahead with plans to build what is expected to be the tallest wood building in North America and possibly the world, Jobs Minister Pat Bell said Wednesday. The proposed 10-storey Wood Innovation and Design Centre in Prince ...
Tags: market vie, wood building
Nualight has announced a co-development agreement with Hussmann to develop and provide optimized LED-based refrigerated cases to the American markets. Nualight, an Enterprise Ireland-supported company, has announced a $100 million ...
Tags: Market View
Duerr AG (DUE), a German maker of auto manufacturing machinery, expects to post higher sales this year than in 2011 and will propose a dividend of 1.20 euros to the supervisory board, Chief Financial Officer Ralph Heuwig told the ...
China aims to increase its forest coverage to more than 23 percent and lift the forested land area to 223 million hectares by end of 2020, according to Jia Zhibang, head of the State Forestry Administration. Citing a national afforestation ...
Tags: industry trends, forest coverage
A former Trinidad resident says not passing the LED light project will have lasting negative affects on Trinidad. Ken Marchiol of Next Step Energy Solutions, said he approached the City of Trinidad in July of 2011 in an attempt to ...
Tags: led light
A separate flotation of the European division of the Steinhoff concern could generate emission income of roughly 1.5bn.This was reported by Steinhoff CEO Markus Johannes Jooste on 20 February 2012 in an interview with the Bloomberg press ...
Tags: Steinhoff Europe Ipo, Steinhoff, CEO Markus Johannes Jooste
Dutch pipe extrusion equipment maker Rollepaal BV is doubling capacity of its Indian factory this year to meet growing demand in the country’s infrastructure markets, as it plans other international ventures, a company executive said ...
Tags: market view
Warren Buffett’s pursuit of bigger acquisitions makes companies from Stanley Black & Decker Inc. (SWK) to Parker Hannifin Corp. the most attractive takeover targets, according to data compiled by Bloomberg. Berkshire Hathaway ...
Tags: Market View
Chinese plastic equipment maker Welltec Machinery Ltd. And its Indian partner seem to have found a successful way around the Indian government’s 2009 decision to levy steep tariffs on Chinese injection molding machines. The company ...
Tags: plastic equipment
As Africa’s plastics industry grows, Indian companies say they are picking up substantial business there, with exports rising for machinery firms, and India’s resin and processing companies making investments. The India factory ...
Tags: plastics
After more than two decades of organic growth in the China market, Dynisco LLC today announced the completion of the purchase of the assets of Shanghai Hao-Ying Measurement & Control Technology Co. Ltd. Dynisco officials say the deal has ...
Tags: market view
Chinese plastic equipment maker Welltec Machinery Ltd. And its Indian partner seem to have found a successful way around the Indian government’s 2009 decision to levy steep tariffs on Chinese injection molding machines. The company ...
Tags: anti-dumping, plastic equipment
Caterpillar Inc., (CAT) the largest construction and mining-equipment maker, plans to close a Canadian locomotive plant that employs about 800 people after failing to reach an agreement with locked-out union members. “The cost ...