Unilever Thailand will invest around THB8bn ($246m) in the country to expand its operations over the next three years. Of the total investment, around THB1.5bn ($46.1m) will be employed in the construction of an ice cream cold storage ...
Tags: Unilever, Operations, Food
Finland-based meat specialist HKScan has announced plans to invest in new production facilities in western Finland and Rakvere, Estonia. The proposed facility in western Finland will see an investment ranging from €35-65m, while the ...
Tags: HKScan, Operations, Food
A Filipino company has outlined plans to invest approximately $100m in a food processing plant in American Samoa. The development is expected to create nearly 1,000 jobs for locals. Construction work in slated to commence early next year, ...
Tags: American Samoa, Food Processing Plant, Food
Volkswagen is extending its partnership with its Chinese joint venture partner First Automotive Works for further 25 years. Apart from the partnership extension, the companies are planning to invest in the Shanghai Volkswagen (SVW) ...
Tags: Volkswagen, Partnership, Accessories
Canada-based food packaging company CKF will be producing its Earthcycle line of agricultural trays at its Hantsport, Nova Scotia facility. The move follows CKF's acquisition of Earthcycle Packaging in May 2013. The first ...
Tags: CKF, Production, Packaging
Petainer, a UK-based container manufacturer and supplier of plastic packaging for beverages, will launch the petainerKeg Linestar, which will help reduce logistics costs by up to 30%. The new product is based on the petainerKeg classic ...
Tags: Petainer, PetainerKeg Linestar
Blue Nile is being challenged by rising diamond prices, forcing the online jeweler to seek out growth in other areas. As diamond prices rise, eroding Blue Nile’s competitive advantage that its lower online prices offer, consumers will ...
Tags: diamond market, Blue Nile
Cree Inc of Durham, NC, USA has released what it claims is the first all-SiC (silicon carbide) 1.7kV power module in an industry-standard 62mm housing. Powered by Cree's C2M large-area SiC chip technology, the new half-bridge module ...
Rechi Precision Co., Ltd. executives predict the company to comfortably attain its goal of shipping 13 million air conditioner compressors in 2014 due to steady shipments in the low months. While Q3 is typically a low season, Rechi has ...
Tags: Rechi, Precision Parts
A tiny ray of blue that revolutionized the lighting industry continues to tantalize investors looking to capitalize on the rise of new technology. On Tuesday, the Nobel Prize was awarded to three scientists for their invention of a blue ...
Tags: blue-light LED, LED
Trident Limited, the flagship company of US$ 1 billion Indian business conglomerate—The Trident Group, has inaugurated the world’s largest terry towel plant and also laid the foundation stone of its Composite Textile project in ...
Tags: Trident Limited, Terry Towel Plant, Textile
California-based packaging containers and trays manufacturers Plastic Package will invest about $1.37m to locate its manufacturing operations in Indiana. The expansion which will include equipping a 20,000 ft2 facility in La Porte will ...
Tags: Plastic Package, Indiana, Packaging
China will invest $6.8 billion to construction comprehensive industrial parks in Gujarat and Maharashtra. Indian and Chinese companies also signed a memorandum of understanding on 24 items. China is the largest trading partner with India. ...
Tags: Economy, Investment economy
China and the U.S. are benefiting from and straining under 35 years of normalized relations. There have been tons of exports shipped from China to our shores during this time. However, none are more important than Chinese culture. The ...
Tags: Chinese Culture
Shares in De La Rue, the company responsible for printing banknotes in England, have plunged following a profits warning. Profits for this year are now expected to be 20m lower than in 2013/14, and the company has cut its dividend. On ...
Tags: De La Rue, Profit Warning, Printing