FCA US will be investing $10.4m in a new Mopar parts distribution center located at Romulus, Michigan, US. The new facility will encompass 500,000 square feet and more than 100 workers. Preliminary construction work has already begun on ...
Tags: FCA US, Mopar parts
General Motors' personal mobility brand, Maven continues to expand and has started its business in Los Angeles, California. In nine months, Maven has grown to nine markets: Ann Arbor, Michigan, Baltimore, Boston, Chicago, Detroit, Los ...
Tags: General Motors, car-centric city
Electric car-maker Tesla Motors has agreed to acquire German company Grohmann Engineering. Accelerating a sustainable energy future is only possible with high-volume factories. They allow us to manufacture high-quality products with ...
Tags: Tesla, Engineering
Connecticut based Harvest Hill Beverage Company has acquired the beverage business of Minneapolis based Faribault Foods for undisclosed sum. As part of the deal, Harvest Hill has acquired the beverage manufacturing assets of Faribault ...
Tags: Harvest Hill, Beverage
SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
Electric carmaker Tesla Motors has sued Michigan officials challenging a law which disallows it to sell its vehicles directly to customers. In its lawsuit filed at U.S. District Court in Michigan, the company appealed to strike down the ...
Tags: Tesla Motors, Michigan officials, charge
Ford and the University of Michigan are teaming up to accelerate autonomous vehicle research and development with a first-ever arrangement that embeds Ford researchers and engineers into a new state-of-the-art robotics laboratory on ...
Tags: Ford, autonomous vehicle research and development, NCRC
Arbor Investments has completed the acquisition of US-based Dunn Paper from Wingate Partners. Based in Port Huron of Michigan, Dunn Paper produces lightweight paper and tissue products for the food packaging and consumer product markets. ...
Tags: Arbor, Dunn Paper, investment
Nexteer Automotive has opened its new World Headquarters in Auburn Hills, Michigan. The strategically located headquarters provides a strong platform for increased industry presence and expanded reach for skilled talent. To commemorate ...
Privately owned juice firm Old Orchard Brands has launched a new line of organic, non-GMO 100% juice blends. The company's shelf-stable Organic 100% Juice is offered in four kid-friendly flavors, including Apple, Apple Cherry, Peach Mango ...
Tags: Old Orchard, Organic 100%Juice, USDA
Ford is planning to mass produce driverless cars and introduce them in commercial operation in a ride-hailing service by 2021. To help speed up development of self-driving cars, Ford is investing in or collaborating with four startups on ...
Tags: Ford, driverless cars
Cooper Standard has entered into an agreement with AMI Industries to acquire the automotive fuel and brake business of AMI Industries and related companies. The North American business was acquired in this transaction effective August 15, ...
Tags: Cooper Standard, AMI, automotive fuel
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
UFP Technologies, a designer and custom converter of foams, plastics, composites, and natural fiber materials, reported net income of $2.7m or $0.38 per diluted common share outstanding for its second quarter ended 30 June 2016, a 20.4% ...
Tags: UFP Technologies, biotech, custom converter
Axalta Coating Systems, a supplier of liquid and powder coatings, has acquired United Paint’s automotive interior rigid thermoplastics coatings business for undisclosed sum. Following the deal, production will temporarily remain at ...
Tags: Axalta Coating Systems, powder coatings, liquid coatings