BMW is establishing a new facility to develop connected and automated driving tech in Unterschleissheim, near Munich, Germany. The BMW iNEXT is scheduled for release in 2021 – self-driving, electric and fully connected. A whole ...
Tags: BMW, automated driving tech
North American printing and label converting company, WS Packaging has invested in second Mark Andy Digital Series hybrid solution to boost production. Configured to meet the company’s prime label production requirements, the new ...
Canadian label and packaging maker CCL Industries has signed an agreement to acquire Innovia Group, a UK-based manufacturer of specialty co-extruded, bi-axially oriented polypropylene (BOPP) films for C$1.13bn ($842m). Innovia Group, a ...
Tags: CCL Industries, polypropylene, BOPP films
Philippines canned food company Century Pacific Food (CNPF) will acquire 100% stake in a group of unnamed Chinese distribution companies for a total price of $2.56m to further expand its branded exports business. In this regard, CNPF is ...
Tags: Century Pacific, exports business
Minnesota based cereal company Post Consumer Brands is expanding its distribution operations in Salt Lake City in Utah with a $50m facility. The company has begun the construction on a 901,000ft2 facility near the Northwest Quadrant ...
Tags: Post Consumer, cereal
London-based print specialist Kingswood iOptus augmented its wide-format digital print offering with the purchase of an EFI VUTEk GS3250LX Pro LED superwide-format printer and an EFI H1625 LED wideformat printer. Each complements the ...
Global forklift market has continued to grow since 2013 with sales exceeding 1 million units for the first time in 2014 and reaching 1.064 million units in 2015 (up 3.5% year on year), largely driven by the growth in U.S. and European ...
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
Where Food Comes From (WFCF) has acquired a 60% stake in California based SureHarvest for nearly $2.8m in a cash-cum-stock deal. Based in Colorado, WFCF is a North American food verification company whose controlling stake in an agri-food ...
Tags: SureHarvest, cash-cum-stock
China will permit foreign firms to be listed on domestic stock exchanges to expand their financing channels, an official said Friday. The firms will be able to go public on the main board, the SME board, the ChiNext board and debut on the ...
FROM electronics producers to railway contractors, Chinese businesses all face the same problems—promoting their brands overseas. One of China’s most influential commercial symbols, Lenovo, has overtaken HP as the ...
Tags: electronics, PC, Lenovo
Donald Trump has a lot of talking to do these days. It's heartening, then, that he's good at it. During his highly informative meeting with The New York Times on Tuesday -- happily live-tweeted by Times journalists -- Trump touched on ...
Tags: Donald Trump, Apple, Tim Cook
Daimler continues to grow its share of the Mexican truck market, in large part due to a strengthening of the dealer network. The company now controls 36.2% of the Class 8 market in Mexico, up about 7.8% compared to last year, according to ...
Spirits and wine firm Pernod Ricard has agreed to acquire a majority stake in West Virginia distiller Smooth Ambler Spirits. The purchase, to be made by Pernod Ricard North America subsidiary NBV Investments, is anticipated to be ...
Tags: Pernod Ricard, Spirits
Auto sales and output in China, the world's biggest auto market, continued to expand during the first 11 months, hitting an all-time high. From January to November, about 25 million cars were sold in China, up 14.1 percent year on year, ...
Tags: Auto Output, Auto Market