Exxel Outdoors today announced it has signed a definitive agreement to acquire American Recreation Products LLC (American Rec). The acquisition will combine the iconic outdoor brands of the American Rec portfolio, which includes Sierra ...
Tags: American Rec, outdoor space, Sporting Goods
Detroit Bikes has landed a deal with New Belgium Brewing to produce 2,415 bikes to promote the beer maker’s Fat Tire Amber Ale. Detroit Bikes will produce the custom-designed bikes at its 50,000 square-foot factory in Detroit. The ...
Tags: Detroit Bikes, the Fat Tire, Sporting Goods
The Andhra Pradesh government’s new industrial policy has come as a shot in the arm for the textile industry in the state. According to media reports, the new policy which will be in force till 2020, provides a host of incentives for ...
Tags: Andhra Pradesh, textile industry, Textile
The Indian subsidiary of Clariant, a producer of specialty chemicals has acquired the black pigment preparations business of Lanxess, located at Nagda in Madhya Pradesh. Lanxess manufactures black pigment preparations used for processing ...
Tags: specialty chemicals, acquisition, Textile
A manufacturing-related reorganization is hoped to boost efficiency for the orthopedic and surgical device firm. Surgical instrument and orthopedic implant maker Symmetry Medical (Warsaw, IN) has announced plans to boost its manufacturing ...
Tags: Symmetry Medical, Layoffs, Medicine
Cabela’s Inc. announced its interest in opening a store in Abbotsford, British Columbia. Upon receiving final approval and permits from the city of Abbotsford and the British Columbia Ministry of Transportation and Infrastructure, ...
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
To mark Rio de Janeiro's 450th anniversary, AkzoNobel Decorative Paints has launched two new "Let's Colour" initiatives to bring color to the city's favelas. In Santa Marta, one of the city's largest favelas, the company recently unveiled ...
Recommendations by Harper Competition Review receive government fanfare but government promises ‘further consultation’ The Australian Government has released the Final Report of the Harper Competition Policy Review, which has ...
Tags: Government, CCA, Food
After nine regional and three central rounds of negotiation, BAVC and IG BCE have reached an accord in the wage dispute: remuneration for the 550,000 employees at the 1,900 plants of the chemical and pharmaceutical industries will rise 2.8 ...
Tags: Wage Agreement, BAVC, Construction
Canadian apparel retailer Gildan Activewear said it has completed the implementation of its previously announced two for one share split of its outstanding common shares by way of a share dividend. The common shares started trading on a ...
Tags: Gildan Activewear, Shareholder, Apparel
Catalent Pharma Solutions, a US-based provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, has acquired Australian pharmaceutical packaging business, Pharmapak Technologies, ...
Tags: delivery technologies, Pacific, Packaging
Global coding and marking specialist Linx Printing Technologies has opened its new 41,000 sq ft UK headquarters. The company invested close to 8m to bring up a single building at Compass Point Business Park which integrated its ...
Tags: Linx, new facility, Packaging
Volvo Cars is planning to invest $500m to build a new manufacturing facility in the US, as a part of the company's long-term plan for the market. With the new plant, the carmaker aims to exceed its volume targets in the US, with plans ...
Tags: Volvo, Cars, Auto Parts
Sika has agreed to acquire Construction Technologies Australia Pty Ltd (CTA), one of the leading suppliers of tile adhesives and associated mortar products in Australia. CTA generated sales of CHF 22 million in 2014 and has 51 employees. ...