Mao Chuan Industrial Co., Ltd., founded in 1970 in Changhua County, central Taiwan, started up as a small OEM of clothing parts and related accessories and then, after gaining years of experience in punching, diversified into manufacturing ...
US auto giant General Motors has agreed to sell its European operations to French automaker PSA Group for €2.2bn. PSA will buy Opel/Vauxhall automotive operations for €1.3bn, while GM Financial’s European operations will ...
Tags: General Motors, PSA Group, automotive
Sappi has announced plans to invest at its facilities in Europe and the US in a bid to increase capacities for packaging and specialty paper. In the next three years, the firm intends to invest $140m in equipment upgrades and production ...
Tags: Sappi, Packaging, Specialty Paper
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
Multivac Sepp Haggenmüller has acquired a 49.9% stake in meat equipment manufacturer TVI Entwicklung und Produktion based in Irschenberg, Germany for an undisclosed price. The German food packaging company, which has global ...
Tags: Multivac, Meat Equipment
BMW is establishing a new facility to develop connected and automated driving tech in Unterschleissheim, near Munich, Germany. The BMW iNEXT is scheduled for release in 2021 – self-driving, electric and fully connected. A whole ...
Tags: BMW, automated driving tech
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
The BMW Group is providing a glimpse into the interior of the future at the Consumer Electronics Show (CES) 2017 in Las Vegas with a selection of trailblazing concepts and revolutionary technology. The BMW HoloActive Touch system, for ...
Russian meat producer Cherkizovo Group has dispatched its first shipment of poultry meat to Angola. The first batch of 54 tons was dispatched from Novorossiysk to Luanda from Cherkizovo’s Chicken Kingdom poultry farm in the Lipetsk ...
Tags: Poultry Meat, Cherkizovo
Ball Corporationis planning to stop production at its Reidsville, North Carolina, beverage packaging facility in mid-2017. The plant's customers will be supplied by other Ball facilities in the U.S. Ball expects to record an after-tax ...
French yeast maker Lesaffre has acquired two companies to expand its presence in sourdoughs and baking ingredients market in Western Europe. The acquisitions include LFI Tollblend in United Kingdom and Tecno Bakery in Spain. Lesaffre ...
Tags: Ingredients Market, Lesaffre
The sale marks the start of production of GTL products when the State of Qatar and Shell, the operator of the Pearl GTL plant, begin to receive revenue from the project. Over the coming months, production will ramp up from the first ...
Tags: GTL products, Shell
North American provider of packaging and specialty products Supremex has acquired all of the assets of Durabox Paper, a Canadian manufacturer of specialty corrugated paper boxes. Founded in 2002, Durabox Paper serves customers primarily ...
Tags: packaging, Durabox Paper
Honda has started mass production for the all-new 2017 Honda CR-V at the East Liberty Auto Plant (ELP) in East Liberty, Ohio, US. Slated to go on sale at dealerships across North America this winter, the redesigned and reengineered 2017 ...
Pritzker Group Private Capital has completed the acquisition of US-based flexible packaging company ProAmpac from private equity firm Wellspring Capital Management. Financial terms of the deal, which was signed in October 2016, were ...
Tags: flexible packaging, Pritzker