Clariant, a world leader in specialty chemicals, announced that it has signed an agreement to divest the Water Treatment business in Africa to AECI, domiciled in South Africa. The total consideration of the sale amounts to CHF 34 million in ...
Tags: Water Treatment Business, Clariant
Several automotive glass companies have been ranked on Entrepreneur magazine's 35th Annual Franchise 500.The top 500 companies were determined based on financial and statistical data from July 2011 through July 2013. Novus Glass came ...
Tags: Novus Glass, Glass
British car and truck parts supplier Unipart has opened a new automotive fuel systems manufacturing plant in Coventry, England. The new plant is a second one for Unipart Manufacturing Group in Coventry. This move by the company is aimed ...
Tags: truck parts, cars
A near-doubling of the market for cwas unable to help the computer-related storage industry in 2013, which slid 5% in shipments because of continuing contractions in the hard-disk drive and optical disk drive segments, according to IHS. ...
General Motors Co today announced 2013 calendar-year net income attributable to common stockholders of $3.8 billion, or $2.38 per fully diluted share, down from $4.9 billion, or $2.92 per fully diluted share in 2012. Operating performance ...
Tags: General Motors, Financial Results
In 2013,Mexico's car and light commercial vehicle production volume increased by 1.69 percent year on year to 2,933,465 units,according to the release from the Mexican Association of the Automotive Industry(AMIA).In given year,country's car ...
Tags: commercial vehicle, Automakers, vehicle
Automotive valves supplier US Engine Valve (USEV) is set to invest $29.5m in its existing plant in Westminster, South Carolina, in order to expand its operations. With this investment, the company will bring on a new line of equipment to ...
Tags: Engine Valve, Auto Parts
National Highway Traffic Safety Administration (NHTSA) of the US Department of Transportation (DOT) is taking steps to implement vehicle-to-vehicle (V2V) communication technology for light vehicles. The new technology will boost safety by ...
Analog semiconductor maker Skyworks Solutions Inc of Woburn,MA,USA says that is has captured high-reliability(hi-rel)and commercial-off-the-shelf(COTS)sockets with several aerospace and defense suppliers such as Cobham,EADS,Herley and ...
Tags: Skyworks, digital attenuators, PIN diode voltage, RFID
ELGIN,Ill.--SKF has named Tom O'Brien president of its vehicle service market for the North American business unit. He replaces Mike McGrath,who passed away in October.O'Brien has served as vice-president of automotive sales for SKF ...
Due to the positive results for China's domestic auto sales in 2013 (21.98 million units, up 13.9 percent year on year), automotive sales in China are expected to reach 23.74-24.18 million units for 2014, up 8-10 percent year on year, as ...
Tags: domestic auto sales, auto sales
Avnet, Inc. (NYSE: AVT) announced today that it has acquired the remaining interest in MSC Investoren GmbH (“MSC Group”). This completes a two part transaction in which the majority interest was acquired on October 1, 2013. MSC ...
Tags: Msc Investoren, Avnet Electronics, Avnet
ContiTech,a division German autoparts maker Continental,has acquired the business of Taizhou Fuju Rubber Belt Manufacture in China. This move by the company is aimed at expanding its drive belt business in China.The transaction will ...
Tags: ContiTech, Auto Parts, autopart
Indonesia's Industry Minister Mohammad S. Hidayat said on Thursday that non-oil and gas industry in the country would grow up between 6.4 to 6.8 percent this year with an estimated export earning of 125 billion U.S. dollars. The growth in ...
Tags: Gas Industry, Non-Oil, Mineral
Swedish commercial vehicle manufacturer Scania has received an order from Austrian haulier Nothegger Transport to deliver 220 trucks with biodiesel engines. The trucks will be in compliance with Euro 6 requirements and will be for ...
Tags: Auto Parts, Scania trucks, trucks