Fair Friend Group recently set up with its local agent in India a 50-50 joint venture, Feeler Cosmos, to make machining centers for the Indian machine-tool market, which is projected to bring in NT$5 billion (US$166.6 million) in revenue by ...
Tags: Joint Venture, Manufacturing
China's State Council on Saturday pledged to speed up pricing reforms to allow the market to play a bigger role in the process and ease business burdens to invigorate the economy. While giving full consideration to the possible impact on ...
Tags: Pricing Reforms, Business Burdens
Switzerland-based Ilapak, the maker of fill and seal packaging machinery is planning to build a production facility in North West Arkansas. The 80,000 sq ft facility will start operations in January 2016. Ilapak's commercial vice ...
The growth and trends of B2C e-commerce in Eastern Europe has caught the eye of global investors, a new report by Hamburg-based business intelligence organization yStats.com said. Yucel Yelken, the CEO of yStats.com, refers to the Eastern ...
Tags: B2C e-commerce, Apparel
Producer of speciality chemicals and NYSE listed, Eastman Chemical said it expects to deliver greater than 12 percent EPS growth, from strong organic growth due to acquisition of Taminco. Alongside, Eastman also expects to generate more ...
Private label beverage producer Cott Corporation has agreed to acquire US-based water and coffee producer DSS Group for $1.25bn. The two companies have signed a definitive merger agreement, which will be closed by the end of January ...
Tags: direct-to-customer delivery, beverage platform, Agriculture
The global LED lighting market is expected to reach US$25.7 billion in 2014 followed by a market penetration increase to 31% in 2015 as the overall lighting market grows to US$82.1 billion. The top five lighting brands in terms of revenues ...
Tags: LED Lighting, LED market
On Entertainment, Wild Bunch and Pathe unite for $80 million animated film. A Playmobil movie is set to hit cinemas in 2017. Paris-based On Entertainment is teaming with Wild Bunch and Pathe to create the $80 million animated ...
Tags: Playmobil Movie, Toys
Nissan is reportedly planning to expand its workforce by adding 1,000 additional workers in its North American plants to meet its production goals. Presently Nissan's plants in Mississippi, Tennessee and Mexico are operating in three ...
Tags: North American plants, luxury vehicles, Auto
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
The global LED lighting market will reach US$25.7 billion and its market penetration will increase to 31% in 2015 as the overall lighting market grows to US$82.1 billion, according to a report from TrendForce. Digitimes meanwhile reported ...
Tags: LED Market, LED Lighting
Increasing workforce wages and commercial real estate rental fees in main cities of China has led to the emergence of e-commerce, which has the upside of saving about 60% of operating cost. The importance o the E-commerce trend in China can ...
Tags: Lighting Market, LED
The Australian Competition and Consumer Commission has released its 16th annual container stevedoring monitoring report. “Increased competition is delivering improvements in Australian stevedoring, which build on significant gains ...
Tags: delivering improvements, logistics
Austrian steel producer voestalpine has announced that it will invest around €140 million over the next few years, constructing a new plant which will produce premium special steel products for the Chinese market. Construction is ...
Tags: Voestalpine, Invest, Energy
Global Sources, one of the leading business-to-business media company and a primary facilitator of trade with Greater China, is hosting the four-day China Sourcing Fair for garments and textiles at Asia World-Expo near Hong Kong ...
Tags: China Fair, Stalls, Accessories