Ford Motor is reportedly looking to invest around $2.5bn at its plants in Chihuahua and Guanajuato in Mexico. As part of the plan, the company will spend $1.3bn at Chihuahua plant to build two new diesel engines, which will create ...
Tags: Ford Motor, gasoline engine
Toyota Motor is planning to invest around CNY150bn ($1.3bn) to set up two new car plants in Mexico and China, marking an end to the three-year freeze to expansion plan. Reuters reported citing two people familiar with plans that the ...
Tags: Toyota Motor, annual production, Auto Parts
The Light Electric Vehicle Association (LEVA) presented Bosch eBike Systems with its Company of the Year award March 19 during the Taipei Cycle Show in Taiwan. The award is in recognition of the company's position as the market leader in ...
Tags: LEVA, Bosch, Recreation
Weston Foods, a subsidiary of Canadian food processing firm George Weston Limited, has acquired cakes producer Starr Culinary Delights. The acquisition forms a part of Weston Foods' commitment to grow and offer quality bakery products ...
Tags: Weston Foods, food processing, Cakes
Ford has commenced production of its twin-scroll 2.0-liter and 2.3-liter EcoBoost engines at its Cleveland Engine Plant in Ohio. The engines produced at the Cleveland Engine Plant are targeted towards the North American market. ...
Tags: Ford, Ecoboost Engines, Auto Parts
German automaker Mercedes-Benz has announced a plan to invest $500m to build a new plant to manufacture vans in Charleston, South Carolina. The Charleston plant will produce the next-generation Sprinter for the North American market. ...
Tags: Mercedes-Benz, van markets
Qatar Investment Authority’s wholly-owned subsidiary Hassad Food is looking at options to purchase Brazilian sugar and poultry assets, in a bid to venture into North American market. Reuters reported citing Hassad Food business ...
Tags: Hassad Food, Poultry Assets
HanesBrands, a marketer of innerwear and basic apparel said it will expand production at its Clarksville sheer hosiery facility and reduce offshore sourcing. HanesBrands which markets brands like Hanes, L’eggs, Just My Size and ...
Tags: innerwear, basic apparel, Apparel
Maplehurst Bakeries, a subsidiary of Weston Foods, has agreed to acquire decorated cakes manufacturer Creative Occasions. Creative Occasions manufactures and distributes cakes for food service, catering, C-store, and in-store bakery ...
Tags: Cake Producer, dessert, zero trans fat, Agriculture
Ecolean, a company that develops and manufactures innovative packaging systems for the dairy and liquid food industry, has opened a new office in Dallas, Texas. The company said that the new facility is targeted at gaining foothold in ...
Lux Magazine designated Visible Light Communication technology from Acuity Brands, Inc. as one of the most exciting lighting technologies of 2014. The magazine has distinguished the company with a Lux Award in the Controls Innovation of the ...
Tags: Lux Innovation, Visible Light Communication technology, Lights
Israeli dairy processor Tnuva is looking at the possibilities of exporting cheese to Russia, with a hope to fill in the gap created due to the one-year ban on food imports from Europe and the US. In 2013, Russia imported 250,000 tons of ...
Tags: Israeli dairy processor, exporting cheese, Agriculture
Switzerland-based Ilapak, the maker of fill and seal packaging machinery is planning to build a production facility in North West Arkansas. The 80,000 sq ft facility will start operations in January 2016. Ilapak's commercial vice ...
Toyo Tire & Rubber Co. Ltd. posted net income of 23.5 billion yen on net sales of 287.2 billion yen for the third quarter ended Sept. 30, 2014. That compares to income of 6.1 billion yen on sales of 268.2 billion yen for the same period in ...
Tags: Tyre, Auto Parts
Triangle Tyre Co. Ltd. presented its global branding strategy and product plans to dealers and media at the 2014 Specialty Equipment Market Association (SEMA) Show. The company announced two new products for the North American market: the ...
Tags: Triangle Tyre, Tyre