As a key role in manufacturing, CNC machine tools have been emphasized by developed countries. China's CNC machine tools occupied about 30% in 2015, which indicates a big gap with developed countries such as Japan, the United States, and ...
Tags: CNC machine tools
Weir Gabbioneta has invested more than €30 million in a new 18 000 sq ft manufacturing facility in Milan, Italy. The new plant, which includes larger testing capability for more powerful pumps, will allow Weir Gabbioneta to expand ...
Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...
Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
Mercedes-Benz Vans has launched its new mid-size van, the Vito, at the Chengdu Motor Show in China. This marks another important stage of Mercedes-Benz Vans expanding its business in China, the world's largest automobile market. In March ...
Tags: Mercedes-Benz, Vito, mid-size van
CenterOak Partners announced that it has completed a majority investment in Wetzel’s Pretzels, the second largest owner and franchisor of soft pretzel stores. Financial terms of the transaction were not disclosed. Headquartered in ...
US-based Yum! Brands has entered into an agreement with Primavera Capital and Ant Financial Services to invest a total of $460m in Yum China. While Primavera Capital is a China-based global private equity firm, Ant Financial is an online ...
ItalianCreationGroup (ICG) has acquired the Milan-based lighting brand FontanaArte. Nice S.p.A. currently owns FontanaArte, but will transfer ownership to FontanaArte S.p.A., which will then be acquired by ICG. The objective is to ...
Tags: ICG, FontanaArte
Global supply chain risk Q2 2016. Global supply chain risk climbed in the second quarter of 2016, reaching the highest levels since records began in 1995, according to the CIPS Risk Index, powered by Dun & Bradstreet. The Index, ...
Tags: Global supply chain risk
Aerial view of the Enfield container terminal. Aurizon has commenced its rail port shuttle from Port Botany to the Enfield intermodal facility in Sydney. The Enfield to Port Botany rail service is part of Aurizon’s investment at ...
Tags: Aurizon, rail port shuttle, Port Botany
Sydney Airport has unveiled Australia’s first electric airport bus, as part of a $5 million investment in environmentally friendly ground transport technology. The Electric Blu bus is the first of a fleet of six electric buses to be ...
Betta Ceramic Industries, Africa’s most important sub-Saharan manufacturer of ceramic sanitaryware with a market share of over 50%, has once again expressed its confidence in Sacmi high pressure casting machines. This latest order ...
Post Holdings, a consumer packaged goods holding company, has announced its Michael Foods business will be converting its egg layer farm located in Bloomfield, Nebraska to a cage-free operation. In response to increasing customer demand ...
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
Milk Specialties Global has announced that it has acquired the Saputo facility in Monroe, Green County, Wisconsin, US. Founded in 1949, Milk Specialties has experienced exceptional growth in human and animal nutrition. The ...