China's truck manufacturers are keeping their eyes on international markets and on production upgrading as ways to deal with the industry's severe overcapacity. "The level of globalization will decide the future of our company", said Ma ...
Tags: high-end markets, truck
China's manufacturing sector posted a slight drop in July due to the flood season and weak demand, official data showed on Monday. The purchasing managers' index (PMI) came in at 49.9 in July, slightly lower than June's 50, according to ...
Tags: Manufacturing PMI, PMI
Robots are no longer the unyielding, one-task giants doing humans' dull and dangerous work. The new breed can perform more than one task and work alongside humans without being a physical threat. As a result, manufacturers across industries ...
Tags: Next-Gen Robots, Robots
Protean Electric announced that it received $70m in new funding from GO Scale Capital, Zhejiang VIE Science & Technology Co. Ltd., and Tianjin THSG Corporation. The investment follows Protean's announcement in May that the Company is ...
Tags: Protean Electric, in-wheel motors
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has announced a strategic agreement with global technology distributor Avnet Inc that expands coverage in the Americas for the distribution of Cree's portfolio of LED ...
Tags: Cree, LED Components, LED chip
When the first SiC diode was launched in 2001, the industry questioned the future of the SiC power business: Will it grow? Is this a real business? But 15 years later, in 2016, people don't ask these questions anymore, since the SiC power ...
Tags: SiC Power, SiC device
The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
Hain Daniels, a subsidiary of US-based Hain Celestial group, has announced that it will shut down a fruit packaging plant in Luton, UK, following a review of its facilities. The company, which makes Hartley’s and Robertson’s ...
Tags: Fruit Packaging, fruit
India based food contract packer Schreiber Dynamix Dairies (SDDPL) has launched a second aseptic food processing and packaging facility at Fazilka in the state of Punjab, with an investment of Rs1bn ($14.8m). Launched in International ...
French-based private label biscuit maker Biscuits Bouvard has acquired Belgian pastry manufacturer Pidy for undisclosed sum. Pidy, which specializes in manufacturing ready-to-fill sweet and savoury products, has production facilities in ...
Tags: label biscuit, biscuit
Chinese companies continued to boost their overseas investment in the first half (H1) of the year, official data showed on Tuesday. China's non-financial outbound direct investment (ODI) rose 58.7 percent from a year earlier to 580.28 ...
China will overhaul its investment and financing system to stimulate market vitality amid the economic downturn, according to a document released Monday by the central authorities. The government will cut red tape, improve supervision and ...
Tags: Financing Reform
Huber Engineered Materials, a unit of J.M. Huber, has introduced a new packaging concept for precipitated amorphous silica. Implemented at precipitated amorphous silica production facility located at Havre de Grace, Maryland, US, the new ...
Tags: Polyethylene Bags, Silica
ASX-listed Clean Seas Tuna has increased its sales for the 2016 financial year by 83 per cent when compared to the2015 financial year. Clean Seas Tuna, Australia’s only commercial producer of kingfish, said its sales volumes ...
Tags: Clean Seas Tuna, Kingfish
NiceLabel, the developer of label and marking productivity software solutions, has released a new software platform NiceLabel 2017 and introduced a completely new product line extending from label designers to enterprise label management ...
Tags: NiceLabel 2017, label