AkzoNobel has opened a new production line for coil coatings at its facility in Garcia, Mexico. As well as doubling current capacity, the new line will also serve local coated steel manufacturers, including Ternium, Zincacero and Galvasid. ...
Tags: AkzoNobel, coil coatings, Metal Coatings
Latin American countries imported 5 million mt of finished steel from China in the first seven months of 2015, 6% more than the 4.7 million mt imported in the same period in 2014, the Latin American Steel Association (Alacero) said Tuesday. ...
Tags: Long steel, finished steel
Cargill has entered into an agreement with Altor Fund III and Bain Capital Europe III in order to acquire EWOS, a global leader in salmon nutrition for 1.35 Euro bn. The transaction, which is subject to regulatory approvals, is expected ...
Net income at US based value-added and recycled fibres producer Unifi, Inc climbed 46.52 per cent year over year for fiscal ended June 28, 2015. A Unifi press release informed that net income for fiscal 2015 totaled to $42.2 million or ...
Tags: textile manufacture, fibres
Haiti’s apparel sector has just got a shot in the arm. The International Finance Corporation (IFC), a member of the World Bank Group, has decided to invest $4 million to help The Willbes Haitian S.A., a subsidiary of South Korea-based ...
Tags: apparel manufacture, IFC, knits, sweaters, woven products, microfibers
According to a new forecast report by Ovum, FTTx optics will reach a new record level in 2015, following a record-breaking 2014. The report forecasts that FTTx optical components revenue will exceed $1bn this year, up almost 5% from $953m ...
German automobile major Daimler is expanding in Latin America with a new bus plant in Funza in vicinity of Bogotá, Colombia, having an annual installed production capacity of 4,000. Sprawled over 11,000m2, the unit is witnessing ...
Tags: Daimler, Daimler Buses
Kefir cultured probiotic dairy products supplier Lifeway Foods has expanded its product distribution to Mexico, under partnership with Baja Food Service and Intimidea. Through the partnership, Lifeway will distribute its probiotic ...
Tags: dairy products, Lifeway Foods
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
Axalta Coating Systems and the China National Heavy Duty Truck Group Co Ltd. (CNHTC), a leading heavy-duty truck manufacturer, have partnered to demonstrate high performance trucks painted with Axalta’s Imron Elite environmentally ...
Tags: Axalta Coating Systems, Heavy Duty Truck, Shanghai Auto Show
US based synthetic yarn producer, Unifi, Inc. said it is expanding polyester texturing capacity in the US and Central America to support growing demand for synthetic yarn in the NAFTA and CAFTA regions. Unifi is expanding capacity at ...
Tags: Polyester, synthetic yarn
New Balance announced its kit sponsorship deal with the Costa Rican national football team. The deal will see New Balance design kits and training gear for the national men’s and women’s teams as well as youth, beach soccer and ...
Tags: New Balance, Costa Rican national football team, Sporting Goods
Canadian apparel retailer Gildan Activewear said it has completed the implementation of its previously announced two for one share split of its outstanding common shares by way of a share dividend. The common shares started trading on a ...
Tags: Gildan Activewear, Shareholder, Apparel
Glanbia Ingredients Ireland has opened a €235m hi-spec infant formula standard facility in Belview, a move that will create 1,600 direct and indirect jobs in South East. The facility will manufacture specialized milk powder products ...
Tags: Agriculture, Food, milk, milk powder
The U.S. trade deficit in December jumped to the highest level in more than two years as exports fell and Americans bought a record amount of imports — a potentially worrisome development that could weigh on overall economic growth. ...
Tags: Trade Deficit