Minister for Infrastructure and Transport Anthony Albanese and Minister for Finance and Deregulation Senator Penny Wong have announced the establishment of the Moorebank Intermodal Company and the appointment of the chair and directors to ...
Tags: Moorebank Intermodal Company, Sydney, government business, logistics
Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
Will allow interoperability of process design kit ecosystem Synopsys has completed the acquisition of Ciranova, a privately held electronic design automation (EDA) company, to accelerate advancements in its custom integrated circuit (IC) ...
Tags: ecosystem, Synopsys, Ciranova, electronic design
Samsung will invest €503m to acquire 3% in ASML Samsung Electronics has signed an agreement with Dutch chipmaker ASML to invest €779m in the latter's Customer Co-Investment Program that aims to develop new chip making ...
Tags: new chip, Samsung, ASML, semiconductor
The acquisition will boost ASML's development work on the next generation of chipmaking technology Intel will invest around $4.1bn to buy 15% of Dutch semiconductor equipment provider ASML, to help fund its research into new chip ...
Tags: Intel, semiconductor equipment, ASML, Dutch chipmaker
Siemens AG (SIE) announced plans to eliminate an additional 4,700 jobs at its Osram lighting unit after it injected 699 million euros ($908 million) in capital at the subsidiary it is preparing to spin off next year The job cuts, ...
Tags: Siemens, cut job, light, Osram lighting, LED
Crown Equipment Corporation announced today that it has again earned recognition in one of the world's preeminent design competitions. Selected by the Industrial Designers Society of America (IDSA) and presented by Yanko Design, Curve ...
Tags: Crown Equipment Corporation, IDSA, logistic
GEA Tuchenhagen GmbH herewith announces the introduction of the all new 24/7 PMO Valve 2.0 to allow 24/7 nonstop production in PMO regulated plants, resulting in substantial productivity gains for mostly US Dairy processors. The new ...
Tags: market view, valve
Hershey has lifted its forecast for underlying earnings today (26 July) after managing to increase prices more than expected in the first half of 2012. The US confectioner said price increases had boosted margins and, with selling, ...
Tags: Hershey, confectioner, increase prices, net price
For many businesses that design, make or distribute apparel, luxury goods, footwear and consumer goods, product lifecycle management (PLM) software is likely to be a part of its near future—if not already part of day-to-day ...
Tags: luxury goods, PLM, day-to-day operations, Chris Groves
WNT(UK)'s Open House on the 20 and 21 March in Sheffield will provide visitors from industry and the education sector with the opportunity to see the latest cutting tools in live demonstrations, emphasising the productivity benefits of ...
Tags: industry trends, Machine Tools
WNT(UK)'s Open House on the 20 and 21 March in Sheffield will provide visitors from industry and the education sector with the opportunity to see the latest cutting tools in live demonstrations, emphasising the productivity benefits of ...
Tags: Market View, cutting tool
American and European plastics firms are stepping up their investments in medical manufacturing in China, as that country undertakes a major expansion of its health-care system. The investments are driven both by global medical-device ...
Tags: plastics
Industrial coatings manufacturers express optimism for the coming year. The industrial coatings market is beginning to recover from the recent economic downturn. The strengthening global economy has led to an increase in newbuilding and ...
Tags: coating