US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
Worldwide robot makers have been expanding their capacity recently with Germany-based Kuka cooperating with the China-based Midea Group to expand its capacity in Europe and China. Meanwhile, Japan-based Yaskawa has also increased investment ...
Tags: Industrial Robot, Robot
Great Wall Motor Co Ltd, one of the major sport utility vehicle manufacturers in China, plans to launch its first high-end SUV brand in May, aiming to further expand its market share. The model will be equipped with competitive ...
Tags: High-End SUV, Great Wall, SUV
Innovative Chemical Products (ICP Group) has acquired US firm MinusNine Technologies for an undisclosed sum. Based in Birdsboro of Pennsylvania, MinusNine is engaged in the formulation and manufacturing of UV/EB coatings, adhesives, ...
International technology group Andritz has purchased technology and intellectual property assets from Swedish firm Franssons Recycling Machines. Based in Sundsvall, Franssons Recycling manufactures and produces machinery for recycling ...
Tags: Andritz, International technology
Comexi, specialist in machinery solutions for the flexible packaging converting industry, consolidates its presence in Central America by incorporating the experience of Go Print as an agent company. The agreement was formalized a few ...
Honda Motor and Hitachi Automotive Systems have signed a memorandum of understanding (MoU) to establish a joint venture company for developing, manufacturing and selling electric vehicle motors. The two companies now will conduct formal ...
Tags: Honda, Electric Vehicle Motors
Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...
Tags: Crown, beverage can
German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
Global demand for LED chips used in fine pixel pitch displays in 2017 will increase 30-40% on year, according to industry sources in Taiwan. The growth is due to increasing demand for such displays and increasing density of LED chips per ...
Tags: LED chips, LED Displays
China has the largest capacity for photovoltaic (PV) energy in the world, official data showed Saturday. China's installed PV capacity was 77.42 million kilowatts at the end of 2016, thanks to 34.54 million kilowatts of capacity added ...
Tags: PV Energy, PV Capacity
Niagara Bottling is set to invest around $95m to expand its operations in Box Elder County, Utah, US. The beverage bottling firm, along with the Economic Development Corporation of Utah (EDCUtah), has announced the expansion and capital ...
Tags: Niagara Bottling, beverage
AWT Labels & Packaging has installed a new 52” 10 color W&H Miraflex Central Impression Cylinder press at its South Elgin, Illinois facility. The new press is equipped with ten printing decks, automated wash up decks and several ...
Tags: Cylinder Press, Cylinder
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
Nissan Vmotion 2.0 concept has been showcased at the 2017 North American International Auto Show. The Vmotion 2.0 concept combines a high sense of style, emotional design, space, comfort and technology to make the mobility experience ...
Tags: International Auto Show, Nissan