Italian carmaker Fiat is planning to invest about EUR1.2bn in its luxury car brand Maserati through 2014 to produce three new Maserati models. Being invested as part of the carmaker's aim to drive its European operations to profit,the ...
Tags: carmaker, Fiat, Maserati, Quattroporte sedan
Cadbury owner Mondelez International has claimed its new sustainability programme will "help secure the future of the cocoa industry". The company yesterday (19 November) launched Cocoa Life, an initiative to "improve the livelihoods" of ...
TradeCard,Inc.,the supply chain collaboration and global trade platform used by 10,000 retailers,brands,manufacturers and service providers,announced today that leading global brand and retailer GUESS?,Inc.has extended its use of the ...
Tags: TradeCard, global supply chain, GUESS?
Around 300 jobs within Wessanen's European operations are set to go after the Dutch food group set out plans to lower costs and improve profits. The company will close a frozen snacks plant in France as part of the plans, which are ...
Tags: Dutch food, profit, food industry, frozen snack
VWR International has completed the acquisition of its existing UK distributor, Lab3, for an undisclosed sum. In addition to distributing VWR products, Lab3 provides custom labeling and kitting services including installation, calibration ...
Tags: VWR, acquisition, distributor, Lab3, kitting services
UK based Capita Insurance Services has hired Wayne Lewis as general insurance finance director. In his role, Lewis will work alongside Brent Escott, head of Capita's general insurance business. Escott said that as the company's ...
Finnish materials company Ahlstrom has signed an agreement with Munksjö’s principal owner EQT to combine its Label and Processing business area with Munksjö to form a single company Munksjö Corporation through two ...
Tags: Business Unit, Label and Processing business, Coated Specialties plant
WELSH Secretary David Jones has been challenged to join the fight to defend the Welsh steel industry in the wake of the devastating job losses in Port Talbot. Aberavon MP Hywel Francis said the Welsh Office should follow the lead of the ...
Tags: steel industry, TATA Steel, Hywel Francis
US carmaker General Motors is planning to build mid-sized vehicles for the French automobile manufacturer PSA Peugeot Citroen, while the PSA will assemble a compact model for GM's Opel brand. The current plans will facilitate GM to build ...
Tags: General Motors, vehicles, PSA Peugeot Citroen, PSA Citroen C5 sedan
Puresep Technologies and Environmental Water Systems (UK) will continue as brands in their respective markets, according to newly named parent company, Envirogen Water Technologies, for UK and European Operations. The announcement of the ...
Tags: Environmental Water Systems, water treatment, filtration operations
Talon International Inc., a leading global supplier of zippers, apparel fasteners, trim and interlining products, announced this week that as a result of its rapidly growing apparel accessory business the Company has relocated and expanded ...
Tags: Talon, relocate, expanded operations, product development
The ACE Group has appointed Andrew McBride as the new executive vice president for Claims, for its international businesses, with immediate effect. McBride, who will be based in New York, will report to ACE Limited vice chairman and chief ...
Tags: ACE, Andrew McBride, executive vice president, insurance
Paperlinx has announced more cost cuts and job losses as shareholders rejected the struggling paper and packaging merchant's remuneration report. Shareholders voted against the report at last week's annual general meeting, including ...
Tags: Paperlinx, cost cuts, job losses, profitable businesses
Industrial machinery maker Gardner Denver Inc yesterday confirmed media reports that it is exploring a sale, a deal which would value the US industrial machinery maker over $3 billion. Reacting to a Reuters report, the 150 year-old company ...
Tags: Market View, industrial machine
Interface Inc., a worldwide carpet tile company and global leader in sustainability, announced results for the third quarter ended September 30, 2012. "The third quarter was another period of solid operating performance overall, although ...
Tags: Interface Inc, carpet tile, textile, FLOR