Hershey has agreed to acquire the 49% stake in Godrej Hershey joint venture (JV) that it does not own, primarily from Godrej Industries and another minority shareholder. The US-based chocolate and sugar confectionery maker will own the ...
Sulzer has invested CHF10 million in a new wastewater pump production plant in Kunshan, China. Up to 70 employees will assemble approximately 10 000 pumps, mixers and compressors annually for the water supply and wastewater treatment ...
Tags: Sulzer, pump production plant, Kunshan
Swedish confectionery firm Cloetta has reported that its cby 3.1% to SEK1.15bn ($174m) for the third quarter ended 30 September 2012, compared to SEK1.12bn ($168.8m) for the same period in 2011. The company reported net income of SEK13m ...
Tags: Cloetta, shut down, confectionery, EBITDA
Crystal Windows & Door Systems, an award-winning national manufacturer, has partnered with SAGE to offer SageGlass® to its architectural and commercial building customers. Crystal will integrate SageGlass dynamic glass into its energy ...
Tags: market view, Windows&Door System
AGC (Asahi Glass Co., Ltd., Head Office: Tokyo; President & CEO: Kazuhiko Ishimura) has decided to shut down AGC Glass North America’s Kingsport Plant in Tennessee in order to improve the profitability of its photovoltaic (PV) cover ...
Tags: market view, PV cover glass
GaN-on-Si is a new technology that has the potential to replace sapphire substrates in the LED supply chain. Erwin Ysewijn, vice president of sales and marketing at Azzurro Semiconductors, a Germany-based GaN-on-Si supplier, recently ...
Tags: led
A three-pronged initiative by Brandix's Textured Jersey PLC,Sri Lanka's largest manufacturer of knitted fabric,to showcase the potential of locally-produced knitted fabrics to the global fashion industry will be one of the highlights of the ...
Tags: SLDF, Jersey, knitted fabric
PHOENIX (Nov. 5, 10:30 p.m. ET) -- Flambeau Medical Markets Group is investing in excess of $2.5 million and moving into the medical device contract manufacturing business as part of its plan to grow sales of the group to $100 million by ...
Industrial machinery maker Gardner Denver Inc yesterday confirmed media reports that it is exploring a sale, a deal which would value the US industrial machinery maker over $3 billion. Reacting to a Reuters report, the 150 year-old company ...
Tags: Market View, industrial machine
Greetings from London—I'm stopping here for a brief brake after spending an interesting two days in Switzerland at the Montblanc watch manufacturing facilities. As I mentioned a few weeks ago this is the season when the Christmas ...
Tags: Christmas, retail surveys, Online retail, holiday season
Interface Inc., a worldwide carpet tile company and global leader in sustainability, announced results for the third quarter ended September 30, 2012. "The third quarter was another period of solid operating performance overall, although ...
Tags: Interface Inc, carpet tile, textile, FLOR
The Dow Chemical Company announced a restructuring program designed to accelerate cost reduction actions and advance the next stage of the Company's transformation in the midst of persistently slow macroeconomic growth. These actions will ...
Tags: The Dow Chemical Company, Ribaforada, Tessenderlo, polyethylene facility
Alabama-based American Apparel,Inc.,which manufactures US military uniforms and employs 1,300 workers,will lay-off hundreds of people soon,as the company lost its contract with the US military. The company said the Defense Logistics ...
IDG News Service-A workers'rights group has slammed what it called the"iPad mini manufacturer"for maintaining poor working conditions at a factory in China. On the eve of an Apple event at which the company is widely expected to launch a ...
Tags: iPad mini manufacturer, Labor Abuses, Workers Group, Apple'
Taiwan-based LED firm High Power Opto has enlisted Semileds to become a shareholder with a close to 10% stake, which makes Semileds the largest single shareholder of the firm. High Power Opto reported net losses of NT$1.108 billion ...