US automotive giant General Motors will carry on with its operations at Oshawa, Ontario, assembly line till 2017 in Canada. The carmaker had said it would pump in $9.1m to raise Chevrolet Equinox output and make related changes at the ...
Tags: automotive, General Motors
Electric motors and motion subsystems firm Johnson Electric Holdings will purchase Stackpole International group of companies, an engine and transmission pumps powder metal components supplier for automotive sector in a deal valued at ...
Tags: Electric motors, motion subsystems
Net revenues slipped 6 per cent year over year on a reported basis at denim jeans marketer Levi Strauss & Co. for the second quarter ended May 31, 2015. Net revenues declined six per cent to $1.01 billion on a reported basis in the second ...
Tags: Levi Strauss, denim jeans
Mark Roush assumes the office of President of the Illuminating Engineering Society of North America (IES), the international leader in lighting education, standards, publications and professional development. Roush succeedes Paul Mercier. ...
Tags: lights, lighting, Illuminating Engineering
The Taiwan Cabinet plans to roll out the Taiwanese version of “Industry 4.0 Plan” this June just shortly after such plan had been publicized on TV to be part of China's official program, with the aim to help the island's ...
Earnings per share on a non-GAAP basis surged 23 per cent at apparel marketer PVH Corp which has brands like Calvin Klein and Tommy Hilfiger in its portfolio for the fourth quarter ended December 31, 2014. PVH said its fourth quarter ...
Tags: PVH Corp, Heritage brands business, Apparel
Martin Allen, MD of Airsprung Group's headboard division, Swanglen, is set to retire at the end of March. Martin joined Swanglen as operations director 23 years ago and in that time has been responsible for the complete overhaul and ...
Tags: Swanglen, Retirement, Furniture
AVX Corporation today announced the retirement of John S. Gilbertson as Chief Executive Officer, Board Chairman and a Director of the Company effective March 31, 2015. John Sarvis, currently Vice President of Ceramic Products, will become ...
Tags: AVX, electronic components, Electronics
Global fast food restaurant chain McDonald's has announced a decrease in global comparable sales of 1.7 per cent in February 2015, continuing a downward trend. In the Asia Pacific region, the Middle East and Africa, sales decreased by ...
Tags: fast food restaurant, McDonald's
In the fourth quarter of 2014, adjusted earnings per share at retailer Target Corporation grew 14.9 per cent from the same quarter of 2013. Adjusted earnings per share rose to $1.50, up 14.9 per cent from $1.31 in 2013, while full-year ...
Industrial thread and consumer textile crafts marketer, Coats plc has added David Gosnell as non-executive director, with effect from February 19, 2015, who will also chair the Remuneration Committee. David who retired from Diageo plc as ...
Tags: Industrial thread, Textile
The US milk processor Dean Foods Co announced fourth quarter sales and profits which are lower-than-expected as raw milk prices remained high. According to the company, raw milk prices in US increased by 18% in the quarter ended Dec. 31, ...
Tags: Dean Foods, raw milk
Acording to a recent survey by the Federation of Korean Industries, 17 out of 29 major business groups in Korea picked restructuring as the center of their business strategy for this year. In contrast, only eight and two chose R&D ...
Tags: Conglomerates, Electronics
Karen Muircroft joins the firm having been involved in the toy industry for many years. Following a successful London Toy Fair, Kidicraft has appointed Karen Muircroft as its agent to manage Scotland. Having been involved in the toy ...
Tags: toy industry, Toys
Somnus, maker of luxury box spring beds, is returning to imm cologne for the 4th year running. This show is an important exhibition in the Somnus export strategy as the company continues to grow its sales of English-style handmade beds in ...