Holman Automotive will acquire Kuni Automotive to create one of the largest privately owned dealer networks in the US. The acquisition, expected to be finalized this summer, will create a bi-coastal dealer network with 33 dealerships and ...
Swisslog Warehouse and Distribution has acquired Power Automation Systems (PAS), a worldwide supplier of pallet shuttle automated storage and retrieval systems (ASRS). Swisslog CEO of Warehouse and Distribution Christian Baur said: ...
Tags: Swisslog, Acquisition, PAS
Spun-off from SPX Corporation in September 2015, SPX Flow, Inc. was formed to pursue a more flow-focused strategy and capitalise on the organisation's strengths for the global food and beverage, power and energy and industrial markets. SPX ...
Tags: SPX FLOW, Nuclear Power Industry
Avery Products, a manufacturer of printable labels and cards, has introduced new AveryPRO collection of pressure-sensitive label stock for HP Indigo presses. With the new expanded AveryPRO line of pre die-cut and full-sheet label ...
Tags: Avery, AveryPRO, HP Indigo press, Printable labels
US-based agribusiness company Monsanto has announced to invest $975m over the next three years to expand its manufacturing site in Luling, Louisiana. The investment will also support the launch of Roundup Ready Xtend Crop System, a seed ...
Tags: Monsanto, Investment, Expansion, Roundup Ready Xtend Crop System
Baskin-Robbins has announced that Island Creamery (ICI) has acquired more than 20 Baskin-Robbins shops in Puerto Rico, becoming the brand's new sole franchisee on the island. Under the agreement, Island Creamery, Inc. -- owned and ...
Tags: Baskin-Robbins, ICI, Acquisition
Stevia ingredient producer PureCircle is planning to invest $200m in India’s stevia infrastructure in the next five years. The company is planning to collaborate with thousands of Indian farmers to plant 5,000 hectares of stevia ...
Tags: PureCircle, Investment, Stevia infrasture
After a strong 2015 in pre-school , the company has debuted its new baby line spanning plush and ride-ons. Clementoni is putting a strong focus on the infant and pre-school market with new additions to its Baby Clementoni line. With a ...
Tags: Clementoni, pre-school market
Following greatly increased use in the optical communications industry over the past 15 years, the global market for vertical-cavity surface-emitting lasers (VCSELs) will grow at a five-year compound annual growth rate (CAGR) of 21.9% from ...
Tags: VCSELs, VCSEL Market, CAGR
Dunelm's revenue for its third quarter (ending 2nd April) grew by 5.9% to £229m, and total like-for-like (LFL) growth (combining LFL stores and home delivery) increased by 1.1%. Sales performance in the quarter reflected strong ...
Tags: Dunelem, LFL growth, Sales performance
In 2014, the Nobel Prize in physics was awarded for the discovery of the gallium-nitride-based blue-light LED and its use for new, efficient LED-based white lamps. The development efforts in this field, however, do not stop there. The ...
Tags: LED, Nobel Prize
Dairy alternative drinks, such as soy and almond milk, accounted for 6 per cent of total global dairy launches in 2015 says Innova Market Insights. The market research company says this figure reflects the growth of these products in ...
Tags: Innova Market Insights, Non-diary milk drinks markets, Soy
Archer Daniels Midland Company has begun a significant expansion and modernization of its export terminal in Santos, in the Brazilian state of So Paulo. The project will expand the facility's annual storage and grain handling capacity ...
China-based investment firm Legend Holdings has signed a strategic agreement with Australian seafood company Kailis Family. Under the agreement, Legend Holdings and Kailis Family will form a joint venture named KB Food Group, in which ...
Tags: Legend Holdings, Cooperation, Kailis Family, Seafood
Ford has invested $170m at its Silverton Assembly plant in Pretoria, South Africa to manufacture new Ford Everest and Ford Ranger. The American car-maker says that this investment will create about 1200 jobs in Ford South Africa and in ...
Tags: Ford, Investment, Silverton Assembly Plant, Ford Everest, Ford Ranger