Ford has established Ford Smart Mobility, a subsidiary which will specifically design, build, grow and invest in emerging or future mobility technology. Jim Hackett, the former chairman and CEO of Steelcase has been appointed as the ...
Tags: Ford, Mobility technology, Jim Hackett
Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany says that Seoul-based LG Innotek (a subsidiary of South Korean electronics company LG Group) has selected an AIX G5 WW (Warm-Wall) reactor for the development of ...
Tags: SiC Epiwafers, Aix G5 WW System
United Natural Foods has reported financial results for the second fiscal quarter and six months ended January 30, 2016. The Company also announced today that it has acquired certain assets of Global Organic/Specialty Source, Inc. and ...
US-based food technology company Aseptia has completed the sale of Carolina Dairy and Wright Foods to a new subsidiary of AmeriQual Group Holdings. The sale involves transfer of assets of Carolina Dairy yogurt plant in Biscoe, North ...
Tags: Aseptia, Carolina Dairy, Wright Foods
Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
Dow Chemical has signed an agreement with Nordmeccanica, a provider of coating, laminating and metallizing machinery for flexible packaging and industrial applications, to advance the development of packaging technology. Under the terms ...
Tags: Dow Chemical, Flexible Packaging
Yuchai had a good start in the beginning of 2016. The production volume of Yuchai light-duty engine YC4S and heavy-duty engine YC6C were greatly increased with growth over 150% in January compared with the same period of last year. The ...
Tags: Heavy-Duty Engines, Light
Maxwell Technologies, Inc., a developer and manufacturer of ultracapacitor-based energy storage and power delivery products, announced that its ultracapacitors have been selected by Beijing Huadian Tianren Electric Power Control Technology ...
The Australian treasury has given its approval to the sale of the country's largest dairy farm Tasmanian Land Company (TLC) including Van Diemen's Land Company (VDL), to Chinese billionaire Lu Xianfeng's Australian arm Moon Lake Investments ...
Tags: VDL, Dairy Farm
Western Digital has disclosed its agreement with Unisplendour (Unis), and Unis Union Information System (Unis Union), a subsidiary of Unis that agreed to make a US$3.775 billion equity investment in Western Digital, has been terminated by ...
Tags: Western Digital, SanDisk, storage
ZTE and TeliaSonera have entered into an agreement to provide IOT devices starting with telematics for the automobile industry. At Mobile World Congress 2016, ZTE has signed a strategic agreement to jointly expand IOT market with ...
Tags: automobile industry, ZTE, IOT market
MTU Friedrichshafen, a subsidiary of Rolls-Royce and Chinese company Guangxi Yuchai Machinery have started a joint venture. Each company will invest an amount of 75m RMB (around 10.5m Euro). Under the licence from MTU, of MTU diesel ...
Tags: Rolls-Royce, MTU Engines
Specialty ingredients provider Mantrose-Haeuser has announced plan to acquire Holton Food Products Company, to expand its presence in the bakery market. Holton Food Products Company is a US-based supplier of food stabilizer and dry egg ...
Tags: Bakery Market, dry egg
Heineken’s subsidiary and Jamaican brewer Desnoes and Geddes (D&G), which produces Red Stripe, is planning to resume production of the beer in Jamaica by the end of 2016. The initiative is part of a bigger strategy of Heineken to ...
Tags: Red Stripe, Heineken
In its report 'Global Packaged Gallium Nitride (GaN) LED Market 2016-2020' – which forecasts a compound annual growth rate (CAGR) of more than 5% – market research firm Technavio has profiled the top four leading vendors (Cree ...
Tags: GaN LED, LED Market