The technology and capital goods group voestalpine plans to increase its revenue in the NAFTA region from the present EUR 1.2 billion to EUR 3 billion by 2020. A new %500m order for its automotive sector brings the company one step closer ...
Tags: voestalpine, NAFTA
UK-based YRG Eclipse has opened a new facility in Cottingham, East Yorkshire, in a bid to expand its operations in the region. The new facility features modern equipment, which has been purchased with the support of Yorkshire Bank. ...
Tags: YRG Eclipse, expand, new facility
Krones intends to expand its Rosenheim plant’s facility in Raubling, Germany, thus ensuring the continued viability of its second-largest production site. After expanding its factory in Rosenheim in 2013, in what was the ...
Tags: Krones, production site, Raubling
Electric truck and bus powertrain manufacturer, Motive Power Systems has opened its new headquarters at 330 Hatch Drive in Foster City, California. The new headquarters gives the company room to grow and hire new employees, and continue ...
Annie's, maker of America's favorite childhood foods with natural and organic ingredients, launched its new brand campaign demonstrating how the company is bringing delicious, organic food to nearly every aisle of the grocery store, and ...
Tags: Annie's, childhood foods, new brand campaign
MAHLE Powertrain is opening a new North American headquarters in Plymouth, Michigan later this year as part of a $16m North American expansion that will create new jobs and accelerate a variety of advanced engine-development programs. ...
Tags: MAHLE Powertrai, new headquarters
For first-half 2016, deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany has reported revenue of €55.5m, down 31% on first-half 2015's €80.7m, reflecting the ongoing weak demand environment in the firm's ...
Tags: Aixtron SE, MOCVD, GaN
EpiGaN nv of Hasselt, near Antwerp, Belgium, which supplies commercial-grade 150mm- and 200mm-diameter gallium nitride on silicon (GaN-on-Si) epitaxial wafers for 600V high-electron-mobility transistor (HEMT) power semiconductors, has been ...
Tags: EpiGaN, GaN-on-Si, nomination
For second-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics PICs
Ecommerce furnishings giant Wayfair has reported its Q2 financial results, citing a direct retail revenue – sales generated primarily through the sites of Wayfair's five brands – increase from $315.4m to $755.7 m, up 71.6% YOY. ...
Oak Furniture Land, one of the UK’s largest retailers of solid hardwood furniture, has opened its first showroom in Salisbury. The new superstore located on Southampton Road Retail Park has created seven new local jobs. Swindon, ...
Tags: Oak Furniture Land, superstore
DFS has reported a continued strong performance in its H2, with revenue up 7% YOY, and also up 7% for the whole financial year. In light of this, the retailer expects to deliver a record performance this year, with results towards the upper ...
Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...
Tags: ZF, EBIT margin
China's machinery sector showed signs of recovery in the first half of 2016, according to an industry association Tuesday. The China Machinery Industry Federation (CMIF) said the sector's value added in the first six months expanded 7.8 ...
Tags: machinery sector, machinery
China’s new energy policies are driving the country’s domestic market for lithium batteries used in plug-in vehicles (xEVs). The strong demand from the xEV application has put pressure on the supply lithium batteries used in IT ...