Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
Dana has broke ground on a new 7,500m2 production and assembly facility in Chongqing, China, that will manufacture advanced driveline products for the Chinese market. Scheduled to open in late 2018, the facility will produce final drive ...
Tags: Dana, driveline products
A new €8.1m five-year research and innovation program, focusing specifically on meat processing, has been launched at the Teagasc Ashtown Research Centre in Dublin. Dubbed as Meat Technology Ireland (MTI), the program has been ...
Tags: Beef, Sheep Meat
Confectionery giant Mondelēz International has launched a new wholesome savory biscuit brand, dubbed Véa. Designed to drive growth in the savory cracker segment, Véa is a key pillar of our goal to be the global leader ...
Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
Tecno, the historic brand founded in the 1950s by the Borsani brothers and led by Giuliano Mosconi since 2010, acquires a majority stake in Zanotta, one of Italian design’s most well-loved and important companies since the 1950s. ...
Tags: Tecno, office furniture
The exponentially expanding appetite of Chinese mainland capital for international real estate assets reached a record high in 2016-and is likely to continue to play a significant role in the global property market in the next few ...
Tags: real estate assets
Corbion has secured patent in Europe for new method to produce aqueous potassium lactate solutions. The new method is said to provide flavor, concentration and quality advantages over traditional methods. Aqueous potassium lactate (KL) ...
Tags: Corbion, potassium lactate
Mazda Motor has started production of the all-new Mazda CX-5 crossover SUV at Ujina Plant No. 2 near the company's global headquarters in Hiroshima. The model will go on sale in Japan in February before being rolled out to global markets. ...
Tags: Mazda Motor, crossover SUV
China will continue to push for globalization, and multilateral talks and promotion of trade, as it marked the 15th anniversary of joining the World Trade Organization on Sunday, according to Chinese trade officials and experts. China ...
Tags: WTO, trade promotion
Hyundai Motor has launched the All-new Azera (badged as Grandeur in the Korean market), its new range-topping premium sedan, in Korea. Hyundai Motor vice chairman and R&D Center head Woong Chul Yang said: “The All-new Azera is born ...
Tags: Hyundai Motor, Hyundai
The Australian Competition and Consumer Commission (ACCC) will launch an inquiry to look into competition and fair trading aspects in the dairy industry. Its dairy industry inquiry will investigate competition among milk processors, ...
Tags: Dairy Industry, Watchdog
Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
Goya Foods has opened a opened new 240,000ft2 production facility in Secaucus of New Jersey, as part of its $250m iinvestment. The facility, equipped to manufacture and distribute over 4 million cases of Goya products annually, features ...
Reneas Electronics has developed a system that offers 360-degree vehicle-to-vehicle and vehicle-to-infrastructure communications and is expected to identify applications related to autonomous driving. The company announced the global ...
Tags: Reneas Electronics, V2X solutions