Faurecia has agreed to sell its auto exterior business to Plastic Omnium for an enterprise value of €665m. The sale covers Faurecia's bumpers and front-end modules business, which had sales of €2bn in 2015. The business employs ...
Tags: Faurecia, Plastic Omnium
The 14th Korea International Jewelry and Watch Fair (Jewelry Fair Korea 2016) will be held in COEX, Seoul where the 90% of jewelry & watch business are located and conducted in a very brisk pace. It is a ...
Tags: Footprints
Nordstrom, Inc. (NYSE: JWN) plans to eliminate approximately 350 to 400 positions by the end of the second quarter to reduce costs by approximately $60 million in fiscal 2016. In an announcement Monday, the Seattle company said the cuts ...
Tags: Nordstrom
Lighting tailored to the needs of an individual can improve sleep and reduce depression and agitation in persons with Alzheimer’s disease, according to a recent study led by Dr. Mariana Figueiro, Light & Health Program Director at the ...
Tags: Tailored Lighting, LRC
Solmates of Science Park Twente in Enschede, The Netherlands (a spin-off from the MESA+ Institute of Nanotechnology) has received an order for one of its pulsed laser deposition (PLD) equipment systems from nanoelectronics research center ...
Sofradir of Palaiseau near Paris, France (a subsidiary of Safran and Thales that makes cooled infrared detectors for military, space, scientific and industrial applications) says that its new Daphnis HD is entering production. Sofradir ...
Tags: Sofradir, HgCdTe, IR detectors
Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has confirmed that investment firm Paragon Technologies Inc of Easton, PA, USA, ...
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that during March it received record volume purchase orders worth just over $3m (to be delivered over the next 12 months) for its indium antimonide (InSb) and gallium ...
Tags: IQE
The US Department of Agriculture (USDA) is providing $4.7m grants for food safety education, training, and technical assistance projects, which will enable farmers and small food processors, vegetable and fruit merchants and others to ...
Lollicup USA will soon operate a new, more energy efficient extruder in its production facility in Chino, California. The large, state-of-the-art extruder is a machine by the Reifenh user Group, which is the leading provider of advanced ...
Tags: Lollicup USA, Efficient extruder
Coca-Cola has unveiled a series of new graphics for packaging in Mexico, as part of its new global marketing strategy – ‘One Brand’. The new graphics feature the Coca-Cola Red Disc as a unifying color on bottles and cans ...
US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
Fonterra Australia has entered into an agreement to sell its 36.02% stake in Dairy Technical Services (DTS) to a consortium that includes Bureau Veritas Singapore and AsureQuality. The stake sale will result in Bureau Veritas Singapore ...
The recall involved three models, including the Sweet Surroundings Cradle 'n Swing, the Soothing Savanna Cradle 'n Swing and the Sweet Surroundings Butterfly Friends Cradle 'n Swing. Fisher-Price is recalling around 34,000 of its infant ...
Tags: Fisher-Price, Infant swings
Almarai Company has evinced interest in acquiring a controlling stake in UAE-based National Food Products Company (NFPC). NFPC has initiated the competitive sale process for part of its share capital and has informed Almarai to progress ...
Tags: NFPC, National Food Products Company, Almarai, Acqusition