COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
Fonterra has announced that it will invest $6.2m to expand the coolroom of its Cobden Spreads plant in Australia. The expansion will increase storage capacity of butters and spreads after production, allowing the storage of more products ...
Tags: Fonterra, Cobden Spreads plant, investment
NVIDIA has introduced its newest system on chip (SoC) to power next generation autonomous vehicles at the Hot Chips conference in Cupertino, California. Speaking at the conference, we revealed the architecture and underlying technology of ...
Tags: NVIDIA, Generation Processors, SoC
CTI Industries, a manufacturer and marketer of flexible packaging and storage products, laminated films and novelty balloons, announced its results of operations for the second quarter and first six months of 2016. For the second quarter ...
Tags: CTI Industries, results
Recently, Hohhot City Government, DONGFENG and Optimum signed industrial cooperation-frame agreement in Shiyan Hubei. The first batch of 10000 DONGFENG Optimum new energy light trucks will be manufactured in Hohhot. So far there have been ...
Tags: DONGFENG, Hohhot, industrial cooperation-frame agreement
ULMA Packaging’s expertise in supplying complete automated packing lines for the food industry has paid dividends for Border Biscuits Ltd, which has seen a doubling of production for one of its main sectors following an installation ...
Tags: ULMA Packaging, Border Biscuits, automated packing lines
Eric Boutot has joined Grundfos as operations vice president for the Americas region. Boutot, a 46 year old US citizen, comes to Grundfos from Colfax Fluid Handling where he was vice president of operations of the EMEA & India regions. ...
UK-based YRG Eclipse has opened a new facility in Cottingham, East Yorkshire, in a bid to expand its operations in the region. The new facility features modern equipment, which has been purchased with the support of Yorkshire Bank. ...
Tags: YRG Eclipse, expand, new facility
Nordson Corporation reported results for the third quarter of fiscal year 2016. For the quarter ending July 31, 2016, sales were $490 million, a 6 percent increase from the prior year’s third quarter. This change in sales includes a ...
"Character Options has a strong inventors network and this event gives us the opportunity to grow our community further," said Jon Elliott, R&D operations manager. Character Options has signed up as pitch partner for this year's Inventors ...
Electric truck and bus powertrain manufacturer, Motive Power Systems has opened its new headquarters at 330 Hatch Drive in Foster City, California. The new headquarters gives the company room to grow and hire new employees, and continue ...
Verso Corporation, a leading producer of flexible packaging, technical, and label and converting papers, introduced GlazeArmor Micro, a bleached, uncoated machine-glazed paper with oil and grease resistance (OGR) that is specifically ...
Tags: Verso, GlazeArmor Micro, OGR
For full-year fiscal 2016 (ended 26 June), Cree Inc of Durham, NC, USA has reported revenue of $1.62bn, down slightly on $1.63bn for fiscal 2015, as growth in commercial lighting and stable LED revenue was offset by lower consumer lighting ...
Tags: Cree Inc, revenue report, LED products
Privately held integrated optical communications component and sub-system developer ColorChip of Yokneam, Israel has raised $20m in new growth funding to ramp-up operations and drive an accelerated product roadmap. The funding is in ...
Tags: Optical transceivers, ColorChip, PICs
For second-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics PICs