CIMC became the biggest shareholder of Burg, the manufacturer of trailer truck in Belgium six years ago. And it rolled out CIMC Silvergreen trailer trucks in European market. However, this kind of truck didn’t put into mass ...
Tags: CMIC, Burg, Trailer truck
Italian automotive component manufacturer Eldor will invest about $75m in the Botetourt County of Virginia, US. The plant will create 350 jobs in the region which will be Eldor's first plant in the country. The company manufactures ...
Dairy company Fonterra has begun manufacturing cheese from its new slice line at Eltham plant in Taranaki, New Zealand, after adding new production lines at the facility with $30m investment. The dairy company has completed the 10 ...
Tags: Fonterra, Cheese, New prodection line, Eltham plant
California-based frozen foods manufacturer Pegasus Foods has announced plan to expand its Rockwall food production plant in Texas with an investment of $10m. The expansion will include construction of an 80,000ft2 manufacturing ...
Tags: Pegasus Foods, Expansion, Rockwall food, Investment, Texas, Frozen food
Solazyme is focusing the company exclusively on food, nutrition and specialty ingredients, harnessing the power of its transformational algae innovation platform. The evolution leverages over a decade of R&D and product development on an ...
Tags: Solazyme, Transformational algae, R&D, Food
India based global flexible packaging company Uflex, in partnership with foreign technology partner, has developed the Flexfresh equilibrium modified atmospheric packaging (EMAP) which can extend the shelf life of fresh produce. Uflex ...
Tags: Uflex, EMAP, CO2, Packaging, Shelf life, Fresh produce
Toyota has joined a Japanese government initiative to test end-to-end hydrogen fuel supply chain which aim to cut down CO2 emission significantly. This private-public partnership consists of Kanagawa Perfectural Government, municipal ...
Tags: Low-carbon, Hydrogen, Renewable energy
X-FAB Silicon Foundries of Erfurt, Germany - a mixed-signal IC, sensor and micro-electro-mechanical systems (MEMS) foundry – has entered wide-bandgap semiconductor production by announcing the availability of silicon carbide (SiC) ...
Tags: SiC MOSFET SiC Schottky barrier diodes SiC power devices
The Operations & Maintenance group of First Solar Inc of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, now has 5GW ...
Tags: First Solar, Thin-film photovoltaic, CdTe
Swiss food company Nestle is planning to invest over €25m for expansion of its research and development center in Askeaton, Ireland. The expanded facility will be located at Nestle's current plant in Askeaton. The facility ...
Tags: Nestle, Investment, Expansion, R&D
Dairy company Agri-Mark is planning to invest $30m in a cheese manufacturing facility in Chateaugay town in New York. The company plans to renovate the roughly 100,000ft2 facility by deploying new cheese vats and other equipment to ...
Tags: Agri-Mark, Investment, Renovation, Manufacturing facility
Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
Müller and Kern Investment Consulting Management (KICM) have launched a new multi-format, high-performance inserter system. Available from this fall, the new inserter system will be exclusively produced and distributed by ...
Tags: KICM, Inserter system
Finnish food company Atria is entering Swedish poultry business by acquiring Lagerberg i Norjeby (Lagerbergs). The financial terms of the deal have not been disclosed. Through this deal, the company is purchasing the entire share ...
Tags: Atria, Swedish Poultry, Aquisition
Nampak Plastics, the UK based producer of plastic milk bottles, is planning to set up a new plant in Stirling, Scotland, to manufacture a range of plastic milk bottles. As part of this effort, the firm has signed a lease deal on 20,000 ...
Tags: Nampak Plastics, Plastic bottles, Investment