Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food
According to ABI Research, growth of the solar and wind industry will increasingly rely on adoption of IoT-based technologies and services. ABI Research expects IoT connected wind and solar installations to grow at a CAGR of 21% between ...
Patagonia launched a cross-country mission with a message of reducing overall consumption. The Worn Wear Mobile Tour, kicking off April 2 in Ventura, CA, and ending May 12 in Boston, is the brand's attempt to encourage customers to make ...
Tags: Patagonia, Sporting Goods, Wagon
New Zealand-based milk marketing company A2 Milk Co is set to foray into the US in mid-April with a range of fresh milk cartons. The firm, which has been in the Australian market for seven years, has commenced trading on Australian ...
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...
Honda is planning to invest over 200m in its UK production facility, Honda of the UK Manufacturing (HUM), which will manufacture next generation Civic five door model. The investment will be used to equip the plant with new, advanced ...
Tags: Honda, Facility, Auto Parts
Dick's Sporting Goods and Golf Galaxy will be making a donation to The First Tee, an organization focused on positive youth development through the game of golf. "We take our responsibility to grow the game of golf very seriously, and ...
Denmark based shipping and logistics company DFDS has signed a deal to provide logistics services to Nissan in order to facilitate the production of its new car INFINITI Q30. The logistics company is expected to invest around DKK40m for ...
Tags: INFINITI Q30, logistics services, Auto Parts
Mitsubishi is planning to acquire 30% stake in Capital Diamond Star Group's existing businesses to form a joint venture (JV) in Myanmar with the latter. Capital Diamond Star offers a wide range of products including Blue Rocket wheat ...
Tags: Mitsubishi, business, Food
Nestlé Spain plans to invest €102m on a new energy efficient line for Nescafé soluble coffee at its Girona facility in order to improve production capacity by 30%. The investment will be made between 2015 and 2017. ...
Volvo Cars is planning to invest $500m to build a new manufacturing facility in the US, as a part of the company's long-term plan for the market. With the new plant, the carmaker aims to exceed its volume targets in the US, with plans ...
Tags: Volvo, Cars, Auto Parts
Chinese automaker Geely, the owner of the London Taxi Company has unveiled plan to invest 250m on new research, development and assembly facility for the development of electric and ultra-low emission London Black Cab. The London Taxi ...
Tags: Geely, Taxi, Auto Parts
REI announced its support of the 100th anniversary of the National Park Service in 2016 through a multi-year, multi-million dollar partnership with the National Park Foundation, the official charity of America's national parks. The ...
Tags: REI, The national parks, Sporting Goods
AkzoNobel has announced plans to invest more than €20 million in its organic peroxide production facilities in Mons, Belgium, and Houston (Pasadena), Texas, in the US. In Mons, the company is introducing new technologies to increase ...
Tags: Organic Peroxide Operations, AkzoNobel, organic peroxide
Saudi Arabia-based dairy food company Almarai is looking to acquire confectioner Rashidi El-Mizan and dairy firm Dina Farms, as well as planning to invest $500m towards the expansion of its current projects in Egypt. The investment ...