Voestalpine will invest over EUR100m in new plants in China, US, South Africa, Romania, and Germany for the next several years. The company said that the investment is part of a globalization strategy in the automotive sector. ...
Tags: Voestalpine, invest, globalization strategy
Blow molding and custom injection molding manufacturer, Currier Plastics plans to invest $20.8m to construct a new 55,000ft2 production and storage facility in Auburn, New York, in a bid to double the size of its existing operation. The ...
Tags: blow molding, injection molding, plastic, invest
Argex Titanium Inc. is pleased to announce that it has engaged Genivar Inc., a Canadian engineering services firm and one of the world’s leading professional services organizations, to conduct a feasibility study to establish the ...
Givaudan has opened a new a savoury flavours production facility in Makó,Hungary,with an investment of€130m. The 50,000m2 facility has a total capacity of 40,000 tonnes and commercial production is expected to begin in the ...
Tags: flavours, investment, growth strategy
Williams Partners announced that it has completed the transaction to acquire Williams' approximately 83-percent undivided interest in the Geismar olefins production facility, as well as Williams' refinery-grade propylene splitter for $2.264 ...
Tags: Olefins Business, olefins production facility, olefins production
Honda Malaysia (HMSB), a Honda automobile production and sales joint venture (JV) in Malaysia, has begun construction on $110m second automobile production line at its existing auto plant in Malacca. The second production facility is ...
Tags: Honda, Production Line, Malaysia
Frutarom,an Israel-based ingredient company,plans to set up a R&D and innovation center and a production facility for taste and health natural products in Israel with an investment of$30m. The company said that it received approval from ...
India-based instant food and spices manufacturer MTR Foods is planning to invest$28m to upgrade its integrated production facility in Bangalore. The integrated facility manufactures spices,snacks and condiments.The investment will be made ...
Tags: instant food, spices, snacks, condiments
US-based International Flavors & Fragrances (IFF) has opened a new flavor production facility in New Delhi, India, as a part of its plan to strengthen its presence in emerging markets. The new facility, located in Gurgaon, will develop ...
Tags: flavor production facility, emerging markets, foods, sweets, beverages
Daimler Trucks subsidiary Daimler India Commercial Vehicles (DICV) has started the production of its medium-duty BharatBenz trucks at its Chennai production facility. According to the company, the medium-duty trucks will be powered by an ...
Tags: Daimler, DICV, BharatBenz trucks
The proposed joint venture between medium, heavy trucks and mid-range diesel engines manufacturer Navistar and Chinese truck maker Anhui Jianghuai Automobile (JAC) has received a formal approval from the Chinese government. The new engine ...
Tags: heavy trucks, mid-range diesel engines, engine production facility
Japanese automaker Toyota Motor (TMC) is planning to build a new $285m transmission-production facility in the Changshu Southeast Economic Development Zone, Jiangsu Province, China. The facility known as Toyota Motor (Changshu) Auto Parts ...
IRL has announced the publication of a new and fully updated edition of its popular"Profile of the Central American and Caribbean Paints Industry." This report covers the markets for paints and coatings in eight Central American ...
Tags: IRL, paints industry, report, regional paint industry
Schumacher Packaging has announced plans to invest €30m to €40m to construct a new corrugated board and packaging plant at the Airport Park FMO in Greven, north-western Germany. The investment will be made in the first phase of ...
Tags: Corrugated Board, Packaging Plant, ideal infrastructure
Sri Lanka's Keells Food Products is planning to buy meat processing firm D&W Foods for LKR700m ($5.24m) and upgrade manufacturing facilities. The acquisition includes D&W Foods' production facility at Makundara Industrial Estate West, ...