Fiat Chrysler Automobiles (FCA) has denied reports that it received a formal bid from the Chinese automaker Great Wall Motors (GWM) with respect to sale of its Jeep brand. FCA said that it will stick to its 2014-18 growth plan and has ...
Tags: Great Wall Motors, Chrysler
First Solar Inc of Tempe, AZ, USA- which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – says that an affiliate of D. E. Shaw ...
Tags: First Solar, Clean Energy
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
Cadmium telluride (CdTe) thin-film photovoltaic module maker First Solar Inc of Tempe, AZ, USA has been awarded a 241MWDC module supply contract by RCR Tomlinson Ltd as engineering, procurement & construction (EPC) contractor for Edify ...
Tags: Solar Projects
Luna Innovations Inc of Roanoke, VA, USA (which makes high-speed optoelectronics and fiber-optic test products for the telecoms industry and distributed fiber-optic sensing for the aerospace & defense and automotive industries) has agreed ...
Tags: Optical Receivers, optoelectronics
Consumer goods giant Unilever has agreed to acquire Weis, an Australian ice cream and frozen dessert manufacturer for an undisclosed price. The values and products of Weis are expected to help the British-Dutch multinational company in ...
Green packaging and tissue products producer Cascades will shut down its packaging facility in Maspeth, New York, US. The company has decided to close Maspeth packaging plant, as part of its efforts to modernize and optimize operations in ...
Tags: Green packaging, tissue products
Dold Foods, the Hormel Foods' manufacturing plant in Wichita, Kansas, revealed its plans to add a 156,000 square-foot expansion to its location. The planned expansion will be to add more production lines for the Hormel Foods bacon items ...
Tags: Hormel Foods, Dold Foods Plant
Green packaging and tissue products manufacturer Cascades is investing $80m to build a new containerboard packaging facility in Piscataway, New Jersey, US. The new center, which is due to start operations in 2018, will produce corrugated ...
Tags: packaging, tissue products
US based pulp and paper company Georgia-Pacific (GP) has acquired PAX Corrugated Products to expand its corrugated packaging business for an undisclosed sum. With a workforce of over 100 staff in Lebanon, Ohio, PAX operates a corrugated ...
Didi Chuxing and SoftBank Group will invest up to $2bn to lead Grab’s current financing round, which expects to raise $2.5bn in total. The investment upon completion will allow the ride-hailing company to strengthen its position in ...
Tags: Hailing Firm Grab
Russian meat and feed producer Cherkizovo Group has unveiled plans to build turkey fattening sites in Lipetsk region. "Cherkizovo Group is a long-established and strategically important partner of Lipetsk region. The Group is building ...
Great Lakes Cheese (GLC) is building a new $55m cheese packaging facility in Wausau, Wisconsin, US. The company has entered into an agreement with the City of Wausau to build the plant, which will help to enhance its production operations ...
Tags: Great Lakes Cheese, Packaging
Packaging and tissue products manufacturer Cascades has opened its new $64m tissue converting plant in Scappoose, Oregon, US. The 284,000ft² facility has converting lines, high speed rewinders and folders, and bath lines.. It ...
Tags: Packaging, tissue products
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods