BMW has started production of 8 Series Coupé sportscar at Dingolfing plant on Germany. The company invested an investment in the low three-digit-million into the site in Lower Bavaria in preparation for the 8 Series, with BMW ...
The UK Government has unveiled a strategy, which sets out ambition for about 50%, and as many as 70%, of new car sales to be ultra low emission by 2030. The Road to Zero Strategy is claimed to set the stage for the largest technology ...
Tags: electric vehicle
Japanese automaker Nissan has abandoned the deal to sell its EV battery manufacturing unit to Chinese private equity firm GSR Capital. The deal, valued at nearly $1bn, was cancelled by Nissan stating that the Chinese firm lacked the ...
Tags: Nissan, GSR Capital
South Korean automaker Kia Motors has showcased its Niro EV Concept at the CES Asia 2018 being held in Shanghai, China. Under its new ‘Boundless for all’ vision, Kia is working towards a future in which opportunities for ...
Tags: Kia Motors, CES Asia 2018
Coca-Cola bottler Arca Continental has unveiled plans to construct a new production and distribution facility in Houston, Texas, US. Through its subsidiary Coca-Cola Southwest Beverages (CCSWB), Arca Continental will build the facility ...
Tags: Coca-Cola, Arca Continental
The Reusable Packaging Association (RPA) has launched a new campaign to promote the value of reusable transport packaging systems for the movement of food from farm, producer, or processor to point of sale. The campaign demonstrates how ...
Tags: Reusable Packaging
Eurofins Scientific has agreed to acquire Covance Food Solutions, the food testing and consulting business of global life sciences company LabCorp, for $670m. The global bioanalytical testing firm said that the acquisition will expand its ...
Tags: Eurofins, Covance Food
AquaBounty Technologies has secured approval from the US Food and Drug Administration (FDA) to raise AquAdvantage Salmon at its land-based contained facility near Albany, Indiana. The FDA previously approved AquaBounty’s New Animal ...
Tags: AquaBounty, Salmon Production
ABeam Consulting Thailand has established a mission-critical system for Thai manufacturing company Bangkok Glass. This system became fully operational at its 9 companies in Thailand, in March 2018. It will be implemented gradually across ...
Tags: Bangkok Glass
An inventor from Cary of North Carolina has developed the HOLD ON, a modification to the current method of packaging cereal so that the contents will be kept fresh. "I developed my invention to keep cereal safe and to make it easier to ...
Tags: Cereal Packaging, Packaging
A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
Ford has unveiled the all-new, fourth-generation Focus compact car, which is due to be launched later this year in Europe and China. The new Focus car features the latest advanced technology with more space and a better fun-to-drive ...
Tags: Ford, compact car
Australia’s competition regulator has approved the CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canadian dairy producer Saputo. The Australian Competition & Consumer Commission (ACCC) said that it will not ...
Tags: Murray Goulburn, dairy plant
Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
US meat processing company Tyson Foods is exploring the sale of TNT Crust, its pizza crust business, as part of its strategic focus on protein. Tyson Foods Prepared Foods group president Sally Grimes said: “We’re focused on ...
Tags: Tyson Foods, Pizza