Renault has acquired Power Vehicle Innovation (PVI), a specialist in the electrification of Light Commercial Vehicles. The assets of PVI, which boasts recognised expertise in the design and conversion of commercial vehicles running on ...
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
Although the Lunar New Year holiday has ended, employees in China will have to wait until the Lantern Festival to return to work. In addition, power plant installation has been suspended in China during the Lunar New Year holiday, leading ...
Tags: PV Market, Solar Cell
Niagara Bottling is set to invest around $95m to expand its operations in Box Elder County, Utah, US. The beverage bottling firm, along with the Economic Development Corporation of Utah (EDCUtah), has announced the expansion and capital ...
Tags: Niagara Bottling, beverage
Qualcomm has shut down rumours that it revealed the as-yet unreleased Nokia 8 smartphone at CES 2017. This week, a video surfaced on the TotalTech YouTube channel depicting a so-called ‘Nokia 8’ smartphone, which was purported ...
Tags: Qualcomm, Nokia 8, smartphone
Iceland-based seafood company Icelandic Group has begun the process of divesting its subsidiary Gadus in Belgium. It was in 2012 that Icelandic had acquired Gadus for an undisclosed price. The decision to sell Gadus by Icelandic Group ...
Tags: Subsidiary Gadus, seafood
Muller Milk & Ingredients has confirmed that it will go ahead with plans to invest £60m to upgrade its network of fresh milk and ingredients dairies in Britain. The dairy network upgrade is expected to create nearly 160 jobs. As ...
Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of ...
Quad/Graphics has installed Fujilfilm’s J Press 720S at its commercial and specialty facility in Dallas, Texas, US. The facility produces short-run and print-on-demand catalogs, annual reports, manuals, marketing brochures, retail ...
Finland-based pulp and paper manufacturer Stora Enso has divested its 100% stake in packaging machine producer Formeca to Amitec for undisclosed amount. Formeca, Stora Enso’s Finnish subsidiary, is engaged in providing high-quality ...
Tags: Amitec, Packaging Machine
Fortis Solutions Group, a provider of printing, packaging, and labeling solutions, has acquired US-based Action Packaging Systems to strengthen its business. Action Packaging Systems is engaged in providing pressure sensitive prime, ...
Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF
US-based R-V Industries (RVII) has acquired Genesis Packaging Technologies for an undisclosed sum. Based in Exton of Pennsylvania, Genesis specializes in the science and technology of pharmaceutical vial processing and residual seal force ...
Tags: R-V Industries, Genesis Packaging
German group Korber has completed the acquisition of Fargo Automation, which is based in North Dakota, US. Fargo designs and manufactures packaging equipment for pharmaceutical and medical device industries. With this acquisition, Korber ...
Tags: Korber, medical device
The Right Place, an economic development organization, has announced the relocation and expansion of two companies in the Grand Rapids of Michigan by collaborating with its state, regional, and local partners. The proposed projects are ...
Tags: Plastic Extrusion, Custom Profile