Japanese automaker Subaru has announced plan to invest $140m in its Indiana plant in the US to boost its production capacity by 100,000 units per year. The plant currently produces 300,000 units. The investment will be made by Subaru ...
Tags: Subaru, Fuji Heavy Industries, Indiana
Vietnam and EU have agreed in principle on a trade and investment agreement, the most ambitious and comprehensive free trade agreement (FTA) that the EU has ever concluded with a developing country, the European Commission said on its ...
Since the implementation of policy of subsidies for purchasing agricultural machinery in 2004, China agricultural machinery industry has maintained double-digit growth, even with the operating revenue growth rate of 33.8% in 2011. However, ...
Tags: agricultural machinery, tractor
Sabin Robbins Converting Company is selling the equipment at its paper converting plant in Mansfield city, US. Gordon Brothers Group, an advisory, restructuring and investment firm, is assisting Sabin sell its assets. Established in ...
Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
In what officials say is a case that sounds worse than it really is, the Vermont Economic Development Authority has foreclosed on SB Electronics and is readying to auction off the property it occupies in the Wilson Industrial Park. Jo ...
Tags: SBE, VEDA, Electronics
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...
Global food and beverage company FAL Food and Beverages has launched a range of coconut-based beverages in Australia. The Coco Joy Flavoured Coconut Milk range is available in Chocolate, Banana and Coffee flavours in 500mL or 250mL ...
Tags: Coconut Milk, beverage
A comprehensive strategy aimed at the textile and clothing industry, allowing secure employment for more than 450,000 families belonging to the sector, and to promote competitiveness of enterprises, as well as to create legal and equitable ...
The Massachusetts Economic Assistance Coordinating Council (EACC) has approved the expansion plans of EasyPak in Leominster, US. The EACC approved the EasyPak's expansion along with 18 other projects under the Economic Development ...
Taiwan's industrial production index in October this year increased by 8.97 percent as compared to October 2013 and was up 3.3 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's ...
In the third fiscal quarter ending September 27, 2014, despite posting revenue growth of 21.22% year-on-year, NASDAQ-listed manufacturer of carpet and rugs – The Dixie Group, reported loss from continuing operations. In the quarter ...
Tags: manufacturer of carpet, rugs, Textile
The 20th edition of Irantex, a trade fair of textile machinery, textile raw materials and finished products will held from November 17-20, 2014 in Tehran. Irantex 2014 will see participation of 170 Iranian and 160 foreign exhibitors from ...
In the January-September period of the current year, the aggregate gross profit of large and medium-sized industrial enterprises in China amounted to RMB 4.36522 trillion ($0.711 trillion), increasing by 7.9 percent year on year, according ...
In October this year, the capacity utilization rate in the Turkish basic metal manufacturing industry was 75.4 percent, down from 76.6 percent recorded in September, while the capacity utilization rate in the Turkish basic metal ...
Tags: Turkish, Capacity Utilization Rate, Energy