Continental has broken ground on $500m expansion of its Sumter facility to double tire production to eight million units by 2021. The Phase 2 expansion will increase the production from four million units planned for 2016. Expanded ...
Tags: Continental, General brand tires
Brewing major Anheuser-Busch will invest $170m to expand its Metal Container Corporation (MCC) facility in Jacksonville, in the US state of Florida. The proposed expansion will ramp up Budweiser and Bud Light aluminum bottles ...
Tags: Anheuser-Busch, Florida, aluminum bottles
Anheuser-Busch is investing $170m in expansion of its Metal Container Corporation (MCC) subsidiary's facility in Jacksonville, as part of its plan to increase production of Budweiser and Bud Light aluminum bottles. The expansion project ...
Tags: Anheuser-Busch, Metal Container
Confectionery firm Mondelez International has opened a new $30m production line at Skarbimierz factory in Poland. Located 25 miles south east of Wroclaw, the line has been built to enhance capacity, efficiency, and flexibility through a ...
Tags: Chocolate Facility, Mondelez
General Electric (GE) has completed the sale of its US fleet services business to Element Financial for $5bn. The company said that the sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is also expected to close ...
Tags: General Electric, Fleet Business
AmeriPride Services, a textile rental services and supply company in North America has released its first ever corporate responsibility report. The report outlines key programs and initiatives AmeriPride is implementing as part of its ...
Lifeway Foods has commenced production of probiotic fermented beverage kefir at its new plant in Waukesha, Wisconsin. The company acquired the former Golden Guernsey dairy plant in May 2013 to ramp up its manufacturing capacity. With ...
Jiffy Packaging Europe has sold its air cushion technology and foam-in-place systems division, to German flexible packaging firm Ripac. Ripac has been supplying film to Jiffy's Systems division since 2008. Cheshire-based Jiffy makes ...
Cargill has entered into an agreement with Altor Fund III and Bain Capital Europe III in order to acquire EWOS, a global leader in salmon nutrition for 1.35 Euro bn. The transaction, which is subject to regulatory approvals, is expected ...
SVZ, fruit and vegetable ingredient supplier has announced that its puree concentrate processing activity in Karczmiska will close on 31 December 2015. A review of the company's operational footprint determined that centralising the ...
Tags: food manufacture, SVZ, company developemnt
Affinia Group has inked a definitive merger pact to sell its global filtration operations to Germany-based Mann+Hummel, exclusive of its South America business. Though Mann + Hummel remained tightlipped about the terms, a regulatory ...
Tags: automobile manufacture, Affinia Group, comapny acquisition
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Tags: LED industry, LED Chip
Communications and information technology company Nokia has signed a deal to sell its HERE digital mapping and location services unit to a consortium comprising Audi, BMW Group and Daimler in a deal worth €2.8bn. The transaction, ...
Tags: HERE Digital Map, Nokia
Ball Corporation will close its beverage packaging end-making plant in Bristol, Virginia, next year. Opened in 1971, the Bristol plant is one of the oldest North American beverage packaging units of the company. It makes can ends in a ...
Japanese automobile manufacturer Mitsubishi Motors will cease output at its manufacturing unit in Normal, Illinois, in the US by November-end, while scouting for a potential buyer. Though the move is pending a final decision to be taken ...
Tags: Mitsubishi Motors, automobile