German auto-parts maker Bosch's Korean subsidiary Bosch Korea is planning to invest KRW62bn ($60.6m) to expand its domestic operations. The amount will be reportedly invested in the company's Daejeon plant for manufacturing direct diesel ...
Tags: auto-parts, Bosch
Lakeland Industries, Inc., a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and to first responders on the federal, state and local levels, announced financial results for its fiscal ...
Setting an EU goal to improve energy efficiency by 30% by 2030 would help cut natural gas use by 115 billion cubic meters/year and gas imports by 90 Bcm/year by 2030, compared with business as usual, according to draft European Commission ...
Tags: Gas Use, EU legislation
More chipset suppliers are likely to tie up with Taiwan-based IC design houses in order to tap retail channels as well as to expand their ecosystem in China, according to industry sources. Microchip Technology announced a deal in late ...
Tags: Chipset, Microchip Technology
For its fiscal fourth-quarter (ended 27 April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its seventh consecutive quarter of sequential revenue growth, to a record $306m (up ...
Tags: Electrical, Electronics
Investcorp Bank, a Bahrain-based investment firm, is considering $1.3bn sale of US packaging distribution company Berlin Packaging, sources known with the matter said. Investments banks Barclays and Deutsche Bank have been selected by the ...
Tags: Berlin Packaging, Packaging
In the January-May period this year, total real estate investments in China amounted to RMB 3.0739 trillion ($0.502 trillion), up 14.7 percent year on year, with this growth rate down 1.7 percentage points compared to the year-on-year ...
Tags: Real Estate
Oman's crude and condensate production in May edged up 1.3% to 935,898 b/d, from 924,270 b/d in April, the country's oil and gas ministry said in its monthly oil report. Oman produced a total 29.013 million barrels of oil and condensate ...
Little Falls, NJ–based Cantel Medical Inc. appears to be doubling down on on its already burgeoning endoscope business with its latest acquisition. Cantel recently announced that it has entered into a definitive stock purchase ...
With a rise in the numbers of electric vehicles (EVs) in use, the proliferation of local charge stations is becoming important in enhancing range confidence to maximize the benefits of all-electric driving. Now, with support from Nissan ...
Tags: Electric Vehicles, Transportation
The U.S. Environmental Protection Agency (EPA) announced today that the Cheyenne River Sioux Tribe will receive a $200K EPA Brownfields grant to clean up and redevelop the Old Swiftbird Day School site located north of Highway 212 and west ...
Tags: EPA, Certification, Service
The Barilla Group inaugurated today a new production line, Harrys 100% Mie, in its plant at Plaine de l'Ain (01). The opening of the new production line Harrys 100% Mie represents the first stage in a 47M€ extraordinary investment ...
Tags: Agriculture, Food
The Government of Kenya is fast-tracking setting up of three special economic zones (SEZs), which would also house apparel factories, Standard Digital reported. About 2,000 sq km are has already been set aside for the three SEZs being ...
Tags: Apparel, Accessories
ThyssenKrupp's Companhia Siderurgica do Atlantico (CSA) has a new president, the company announced this week. Walter Medeiros, who comes from ThyssenKrupp, assumed office last Sunday. He's taking the position of Jorge Luiz Riberio, who ...
Tags: Metallurgy, Mineral, Energy
The Australian food, beverage and grocery manufacturing industry has an annual turnover of approximately $111 billion, directly employs almost 300,000 people, with half of those in rural and regional areas, and generates $24 billion in ...
Tags: food, food packaging, Packaging