Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) says that, for $76.5m, it has acquired the remaining 34% stake that it did not already own in the filter joint venture it created with ...
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has launched the XLamp MHB-B LED, a high-power LED that enables a more effective way to deliver lower system costs for high-lumen, high-efficiency applications designed ...
Business expectations for sales, profits and employment have bounced back for the three-month period to 31 December 2016, according to Dun & Bradstreet’s July Australian Business Expectations Survey. The surprising turn of events ...
CEO Carlos Ghosn announced that Renault Brazil is going to extend its SUV lineup with the Kwid, Captur and New Koleos joining the bestselling Renault Duster. He also outlined plans for the company’s future in the country during a ...
Tags: Renault, SUV lineup
Nikola Motor Company said that its R&D team has achieved 100% zero emissions on the Nikola One commercial class 8 truck. Nikola Motor Company founder and CEO Trevor Milton said: "While other companies have recently announced ...
Tags: Nikola Motor, truck, Zero Emissions
Glatfelter reported second-quarter 2016 net income of $2.0m, or $0.04 per diluted share compared with $2.8m or $0.06 per diluted share in the second quarter of 2015. Adjusted earnings for the second quarter of 2016 were $2.8 million, or ...
Tags: Glatfelter, Specialty Papers
German pump manufacturer Wilo SE is to build a local facility in Dubai’s Jebel Ali Free Zone (JAFZA) South, in the United Arab Emirates. The investment includes offices, a training centre, warehouses and an assembly plant, to be ...
TriMas announced financial results for the quarter ended 30 June 2016. The Company reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% compared to second quarter 2015. The Company reported ...
Borosil Glass Works has entered primary pharma glass packaging business with the acquisition of 60.3% stake in India-based Klasspack. However, financial terms of the deal were not disclosed. For the ownership stake acquisition in ...
South Korea’s paper manufacturer Hansol Paper will speed up deleveraging effort to improve financial state that includes rights offering to be able to afford to venture into new areas for growth. Debts shot up as the company shifted ...
Tags: Hansol Paper, Paper
Orchids Paper Products Company reported results for the second quarter of 2016. Jeff Schoen, President and Chief Executive Officer, stated, "I am encouraged by Orchids year-to-date 2016 performance, as converted product sales have ...
Tags: Orchids Paper, converted product
LyondellBasell has announced its plan to move ahead with the construction of a high density polyethylene (HDPE) plant on the US Gulf Coast. Scheduled to be commissioned in 2019, the plant is expected to have an annual production capacity ...
Tags: LyondellBasell, HDPE
According to the latest research conducted by business and financial advisory firm Grant Thornton UK, after a strong first quarter deal activity in the food and beverage sector has declined this quarter, due to market uncertainty in the ...
SEAT and Conector have joined forces to launch a specialised startup accelerator in the automotive industry and mobility. SEAT Accelerator by Conector will promote five startups in its initial acceleration programme, with offices in the ...
Despite declines in China's exports to Brazil, its imports from the South American country have accelerated this year, with the growth rate reaching 17.3 percent year on year during the first five months, the Ministry of Commerce said on ...
Tags: China's imports, poultry, beef