Perrigo Company has announced that it has reached an agreement to sell its US vitamins, minerals and supplements (VMS) business to International Vitamin Corporation (IVC) for undisclosed sum. The transaction is expected to be completed by ...
Tags: VMS, Perrigo Company
The European Investment Bank (EIB) has granted a €150m loan for FrieslandCampina to conduct research and development activities in Europe. The loan marks the bank's first loan to a company in the Dutch agricultural sector. Founded ...
Tags: EIB, FrieslandCampina
Maxion Wheels has opened a new light vehicle aluminum wheel plant in Limeira, Sao Paulo, Brazil. The new plant, adjacent to the company's existing steel wheel plant, will add two million aluminum wheels per year in capacity and create an ...
Tags: Maxion Wheels, aluminum wheel
KION GROUP AG, already one of the two largest suppliers of forklift trucks, warehouse equipment and related services with Linde and Baoli, amongst others, will become one of the largest global providers of intelligent intralogistics by ...
Automotive and energy storage firm Tesla Motors has offered to acquire SolarCity for about $2.86bn. Tesla Motors CEO Elon Musk is the major shareholder in both the companies with 19% in Tesla and 22% in SolarCity. The company is ...
Tags: Tesla Motors, electric vehicles
Virginia Governor Terry McAuliffe joined government officials, local business leaders, dozens of guests and more than 700 Team Carfax members to celebrate the completion of a major company expansion. With support from the Governor and the ...
Tags: Virginia economy, VEDP
Zebra Technologies Corporation has unveiled its new ZD400-series desktop thermal printers. Designed for retail, transportation and logistics, manufacturing, and healthcare industries, the ZD400-series is flexible and user-friendly, making ...
Rigid box supplier Pollard Boxes has acquired the business and assets of Clarke Rubicon, a UK based presentation packaging manufacturer. Clarke Rubicon is engaged in supplying a wide range of products to both the retail and commercial ...
Italy's Toscotec has agreed to rebuild the dryer section of Smurfit Kappa Papelsa's paper machine (PM) 1 located at Barbosa mill in Colombia. The dryer section rebuild is expected to improve efficiency as well as increase operating speeds ...
The Hershey Company has announced that it will shutdown the Brookside Foods’ factory in Abbotsford in Canada, as part of its efforts to restructure its manufacturing operations. The move may result in 180 job cuts at the facility ...
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
German luxury vehicles maker Bayerische Motoren Werke (BMW) has broken on a new plant in Mexico. Guests attending the official ceremony in San Luis Potosí included Rogelio Garza Garza, Undersecretary of Industry and Commerce at the ...
Tags: BMW, innovative technologies
Power management company Eaton today announced the introduction of the Ephesus All Field light-emitting diode (LED) Series. The LED solution provides high schools, colleges, municipalities and other venues with a high-quality, ...
Tags: Eaton, LED, Lighting business
HanesBrands, the parent of Hanes, Champion, Gear for Sport and a number of intimate apparel brands, said that as part of leadership succession plan, Chairman and Chief Executive Officer Richard A. Noll will be narrowing his role to ...
Olymel L.P. is acquiring all the assets of La Fernandière, a food company in Trois-Rivières specializing in the manufacture of a wide range of sausages sold under La Fernandière brand. The announcement was made ...