Flexible liquid packaging solutions provider Liqui-Box has signed an agreement to acquire both the engineering and flexible operations of South Africa-based Maverick for undisclosed amount. Liqui-Box is a portfolio company of private ...
Tags: Liqui-Box, Flexible Operations
Vietnamese dairy company Vinamilk has fully acquired US-based Driftwood Dairy by buying the remaining 30% stake for $3m. The acquisition comes more than two years after the company bought 70% stake in the US company for $7m. Driftwood ...
Tags: Vietnamese dairy, Dairy products
Novelis has commissioned its third automotive finishing line in Oswego, New York, US. Installed to support the production of stronger, lighter and safer vehicles, the line represents Novelis' latest investment of $120 million to expand ...
Tags: Novelis, automotive finishing line
Consumer goods conglomerate ITC is planning to set up eight new integrated food processing units in India by 2019, by investing over Rs 40bn ($593m). According to ITC divisional chief executive V L Rajesh, the investments are part of the ...
For first-quarter 2016, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $4.3m, down on $8.9m a year ago ...
Tags: Rubicon Sapphire, substrates
Canadians will soon have access to more electric car and alternative fuel infrastructure with the support provided by the government through Budget 2016. This will result in more charging and refuelling stations for electric and ...
Korea-based food company Pulmuone Foods has completed acquiring almost all the assets of Vitasoy USA for an undisclosed sum. The acquisition is intended to strengthen Pulmuone's position in the tofu market, while fortifying its operations ...
Tags: Pulmuone Foods, USA market
For its fiscal second-quarter 2016 (to 31 March), Emcore Corp of Alhambra, CA, USA - which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets - has ...
Tags: Emcore, optical chips
Solar Frontier Americas, the US subsidiary of Tokyo-based Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – says that the firm's solar modules have been ...
Tags: solar module, PV
For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, PICs
Ford 2017 F-150 will be offered to customers with all-new 3.5-liter EcoBoost engine and 10-speed transmission. The new second-generation 3.5-liter EcoBoost engine will provide 30 lb.-ft. more peak torque compared with the first-generation ...
Tags: Ecoboost Engine, Ford
Indian food company MTR Foods is planning to invest Rs 2bn ($30m) in the next four to five years to increase its production capacity from 45,000 mt to 72,000 mt at its facility in Bengaluru, the capital city of the country’s southern ...
Tags: MTR Foods, Orkla Foods
US-based food company Hormel Foods has entered into an agreement to sell Diamond Crystal Brands (DCB) to a partner of private equity firm Peak Rock Capital for an undisclosed sum. DCB, which was founded in 1980, manufactures and ...
Riddell, Inc., developer of protective sports equipment, apparel and related accessories, filed lawsuits against Schutt Sports, Inc. and Xenith, LLC claiming both helmet manufacturers are infringing several patents covering Riddell’s ...
Tags: Riddell, Protective sports equipment, Schutt Sports, Xenith LLC
Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues