For fiscal third-quarter 2016 (to end-May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.38m (slightly below the expected $2.4-3m), down 18% on $2.92m last quarter and down 47% on $3.5m a year ...
Phenix Wine Distributors has launched a new wine distribution company to serve the US state of California. The new employee-owned wine distribution firm will focus on innovative wine sales with traditional values. The existing brands in ...
Tags: Phenix Wine, Wine
B&G Foods, Inc.announced that it plans to relocate the manufacturing and warehouse operations of Mama Mary’s from a facility in Spartanburg, South Carolina, whose lease is expiring, to a facility B&G Foods owns in Yadkinville, North ...
UK’s fresh prepared foods manufacturer Bakkavor Group has agreed to sell its Belgian fresh prepared food business, Vaco, to Culinor Food Group for undisclosed sum. The sale is part of Bakkavor's restructuring strategy to focus on ...
Tags: Bakkavor, fresh prepared foods
SsangYong Motor said that the company surpassed 100,000 units of production of its Tivoli-platform and held a ceremony to celebrate the event. Attended by 50 management and employees including Seung-Ki Song, the head of Production ...
Tags: SsangYong Motor, SUV market, XLV
Shorr Packaging has launched its new 242,732ft2 headquarters in Aurora, Illinois, US. Shorr's new state-of-the-art building is one of Aurora's newest business developments. At the ceremony, Shorr employee-owners, along with David Shorr, ...
Tags: Shorr, state-of-the-art building
For fiscal fourth-quarter 2016 (ended 1 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $318.8m, down slightly on $320m a year ago but up 3.1% on $309.2m last ...
Tags: Finisar Corp, datacom product
Virginia Governor Terry McAuliffe joined government officials, local business leaders, dozens of guests and more than 700 Team Carfax members to celebrate the completion of a major company expansion. With support from the Governor and the ...
Tags: Virginia economy, VEDP
The Furniture Makers’ Company, the furnishing industry’s charity, has announced that for the fist time ever it will be accepting entries for its prestigious Sustainability Award from all UK furnishings manufacturers. Now in ...
Tags: furnishing industry, FISP, improvements
Gardening product production makes up a significant part of Taiwan's hardware industry.Garden tools along with related accessories, which totally generate export revenue of around US$95 million on average every year, are a major contributor ...
Tags: Gardening product, garden tools
The Hershey Company has announced that it will shutdown the Brookside Foods’ factory in Abbotsford in Canada, as part of its efforts to restructure its manufacturing operations. The move may result in 180 job cuts at the facility ...
US-based Batory Foods has commenced the construction work on a distribution and handling facility in Wilmington, Illinois. The distribution center will spread across 678,000ft2 area and will perform two distinct operating functions. ...
Tags: Wilmington, 3PL, Batory Foods
Turkish food group Yildiz Holding has formed a new London-based company by combining its biscuit, chocolate, and confectionery businesses. The move is aimed at expanding its global presence and improving its competitiveness in the global ...
Philippines-based beverage maker Asia Brewery has entered into an agreement with Dutch beer producer Heineken International to brew Heineken brands in Philippines. The financial terms of the deal have not been disclosed. The partnership ...
Tags: beverage, Asia Brewery, Heineken
PSA Group and Dongfeng Motors (DFM) have signed an agreement to design an electric version of their Common Modular Platform (CMP). The CMP was jointly developed by the two companies since April 2015. The deal was signed at the ...
Tags: PSA Group, Dongfeng Motors