Automotive parts supplier Magna International formed a joint venture (JV) in China to make composite liftgates for a global automaker’s crossover vehicle commencing in late 2018. The JV with Guangzhou Automobile Group (GAC) ...
Tags: Magna, Chinese Automaker
Mercedes-Benz has begun the production of new compact SUV GLA at its Sindelfingen plant in Germany Mercedes-Benz Sindelfingen plant Site Manager Michael Bauer and Mercedes-Benz Sindelfingen Works Council Chairman Ergun Lümali at the ...
Tags: Mercedes-Benz, SUV
Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
Global meat processing company Danish Crown’s subsidiary DAT-Schaub has purchased a majority stake in Shanghai Natural Casing for an undisclosed price to expand its operations in China. The purpose of the acquisition is to gain ...
Tags: meat, meat processing
Finland-based packaging solutions provider Huhtamaki has agreed to acquire India-based Ajanta Packaging to expand its operations in the region. Huhtamaki is paying €13m to acquire the manufacturer of pressure sensitive (PS) labels. ...
Tags: Ajanta Packaging, Packaging
UK-based drinks manufacturer and distributor Global Brands has reported a 16% increase in its annual sales for the year ending 30 September 2017. The company's turnover was £42m for the financial year. Gross profit went up to ...
Tags: drinks, alcoholic drink
Mercedes-Benz Cars is investing more than €100m in a battery factory in Thailand. With a strategic decision Mercedes-Benz Cars is enhancing the manufacturing footprint in South-East Asia addressing growing demand for electric ...
Tags: Mercedes-Benz Cars, battery
Esko Equinox has been added to Athena Graphics' portfolio to complete its Advanced Prepress workflow, an end-to-end solution for brand owners and packaging printers. Esko Equinox creates color conversions for expanded gamut printing and ...
Tags: packaging printer
Wang Jun-xian, the new chairman of Fu Chun Shin Machinery Manufacture Co., Ltd. (FCS), the largest plastic injection molding machine maker by output in Taiwan, has shown an ambition to further boost the company's business deployments ...
Tags: Lights, Injection Molding Machine
Automakers Mazda and Toyota have established a new joint venture company to oversee the construction of a $1.6bn auto manufacturing plant in Alabama, US. The new JV firm, dubbed Mazda Toyota Manufacturing, U.S.A. (MTMUS), will shortly ...
Canada-based TC Transcontinental has acquired US flexible packaging supplier Multifilm Packaging for an undisclosed sum. Based in Elgin of Illinois, Multifilm provides flexible packaging solutions for the food, beverage, and confectionery ...
Berlin Packaging, through its subsidiary Bruni Glass, has acquired H. Erben, a UK-based supplier of closures, packaging, and packaging equipment for the food and drinks sectors. The acquisition is a part of Berlin Packaging’s ...
Tags: Berlin Packaging, Packaging
Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
Net Savings Link has bottled China’s first hemp beer, Angry Tiger Beer. The firm is also in talks with a major hemp beer producer in the Netherlands regarding a potential partnership The launch of Angry Tiger Beer coincided with the ...
Tags: Net Savings Link, hemp beer
Toyota, Denso Corp and Aisin Seiki said that they will establish a new company in Tokyo, Japan to provide fully-integrated, production-quality software for automated driving. The new company, dubbed Toyota Research Institute-Advanced ...
Tags: Toyota, Automated Driving