British luxury car maker Jaguar Land Rover (JLR) has invested £200m to expand production capacity of its Halewood plant in Merseyside, UK. With the investment, the company intends to start production of its Land Rover Discovery ...
Tags: Land Rover, luxury car
German auto-parts maker Bosch's Korean subsidiary Bosch Korea is planning to invest KRW62bn ($60.6m) to expand its domestic operations. The amount will be reportedly invested in the company's Daejeon plant for manufacturing direct diesel ...
Tags: auto-parts, Bosch
British telecommunications company Vodafone has signed an agreement to acquire the Italy-based automotive technology provider Cobra Automotive Technologies for EUR145m. The move is part of part of the telecommunications company's plans to ...
Tags: Vodafone, Automotive Technology
Vivid will manage the sales, marketing and distribution of Drumond Park games brands in the UK and Ireland. Vivid and Drumond Park have merged its operations in the UK and Ireland. Vivid Group will now manage the sales, marketing and ...
Tags: Toys
Dutch brewing company Heineken is set to open a new brewery in Addis Ababa, Ethiopia, in a move to expand its presence in Africa. The proposed brewery will be opened in July this year, with a capacity to brew 1.5 million hectoliters of ...
Tags: Heineken, raw materials
Belgium-based packaging company Van Genechten Group has acquired folding carton producer in Russia, Ost-Print. According to Van Genechten, the acquisition, which is approved by the Russian Anti-Monopoly body (FAS), takes effect ...
Tags: packaging, Genechten Group
Automotive components manufacturer Hatch Stamping Company has announced plans to expand its presence in Southeast of the US by relocating to a new manufacturing facility in Portland, Tennessee. The manufacturer will invest $17m at the ...
Abu Dhabi, UAE-based Saif Al Kahili Group, has signed an agreement with Khalifa Industrial Zone Abu Dhabi (KIZAD) for setting up a caustic soda production plant. As per the deal, the total land reserved for the project is 102,401 sq m, ...
Tags: caustic soda, Al Kahili Group
More chipset suppliers are likely to tie up with Taiwan-based IC design houses in order to tap retail channels as well as to expand their ecosystem in China, according to industry sources. Microchip Technology announced a deal in late ...
Tags: Chipset, Microchip Technology
Chinese LED package manufacturers sales performance in 2013 was mediocre, the LED package market value was up slightly by 16 percent due to plunging prices, according to the latest “2014 Chinese Package Industry Market Report” ...
Tags: LED package, LED component
Samsonite International S.A. has agreed to acquire Gregory Mountain Products from Black Diamond, Inc. for $85.0 million in cash to be financed by Samsonite's internal resources as well as its revolving credit facility. The acquisition ...
Tags: Sporting Goods, Recreation, Samsonite, Bags, Cases, Boxes
"In the highly competitive consumer display market, quantum dot technology offers manufacturers the next wave of innovation and a means of differentiation by providing full-gamut, accurate color without sacrificing efficiency or cost," said ...
Tags: Lights, Lighting, consumer display
For its fiscal fourth-quarter (ended 27 April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its seventh consecutive quarter of sequential revenue growth, to a record $306m (up ...
Tags: Electrical, Electronics
Novelis, a subsidiary of India-based Aditya Birla Group, has cast the first production-sized ingot at its €200m aluminum recycling and casting center in Nachterstedt, Germany. According to the company, the first production-sized ...
Tags: Aluminum Recycling, Novelis
Korea-based auto supplier Hanil E Hwa Interior Systems Georgia will expand its existing LaGrange facility by investing $5.5m at the Troup County facility over the next two years. "The international automotive industry has repeatedly ...
Tags: Kia Motors, automotive cluster