Volvo Cars has commenced production of the new V90 premium estate at its Swedish manufacturing facility in Torslanda. The production of the all new V90 is taking place after four months since its official unveiling. The first ...
Tags: V90 premium, Volvo Cars
ABB technology products – low-voltage switchgear, motor-controller, electrical panels and automated lighting systems – will be used to power the factory’s entire electrical system. The project includes the supply of Emax ...
Tags: ABB technology, electrical system, Emax 2
Canada-based poultry and pork products manufacturer Olymel is planning to invest over $25m to expand its hog slaughterhouse and butchering facility at St-Esprit in the Lanaudière region. Upon completion, the expanded facility is ...
Tags: Olymel, poultry and pork products
Phoenix Color, a unit of ALJ Regional Holdings, has signed an agreement to acquire Color Optics packaging business from AKI, which operates under the Arcade Beauty name. Color Optics is a provider of printing and packaging solutions for ...
Tags: Phoenix Color, AKI
An investigation by the World Health Organisation (WHO) and the International Agency for Research on Cancer (IRAC) has concluded drinking very hot beverages probably causes cancer of the oesophagus in humans. The investigation did not ...
Tags: very hot beverages, oesophagus, cancer
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
Coca-Cola Sabco has launched a new bottling plant in Mozambique, boosting its operations in the Southern African country. Claimed to be the Coca-Cola Sabco's largest of its kind across its seven-country market in Southern and East Africa, ...
Shorr Packaging has launched its new 242,732ft2 headquarters in Aurora, Illinois, US. Shorr's new state-of-the-art building is one of Aurora's newest business developments. At the ceremony, Shorr employee-owners, along with David Shorr, ...
Tags: Shorr, state-of-the-art building
Retailers are transforming their organisations and market approaches to leverage the power of digital and satisfy the needs of the ever-changing consumer. With a huge increase in demand for goods purchased online, supply chain and ...
Tags: digital, customer experience, demand
Compared with the value for May 2015, the Volkswagen Group grew deliveries to customers by 1.6 percent in May 2016 – throughout the world, a total of 871,500 vehicles were handed over to customers. In the period to May, 4.2 million ...
Tags: Volkswagen Group, steady growth
For fiscal fourth-quarter 2016 (ended 1 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $318.8m, down slightly on $320m a year ago but up 3.1% on $309.2m last ...
Tags: Finisar Corp, datacom product
The RF power semiconductor market will grow from $10.57bn in 2015 to $31.26bn in 2022, rising at a compound annual growth rate (CAGR) of 15.4% between 2016 and 2022, forecasts the firm MarketsandMarkets. According to the report 'RF Power ...
Tags: Marketsandmarkets, CAGR
Rushdi Foods Industries launches Mighty Sesame Co. tahini, a creamy tahini condiment in a ready-to-use, squeezable bottle, at Fancy Foods, New York City, June 26-28, 2016. It designed to infuse meals with ethnically inspired taste. ...
Tags: Foods Industries, sesame
The Netherland-based companies have formed a consortium to develop protein-rich foods amid growing demand for the products. The four firms in the consortium include NIZO food research, RoyalFrieslandCampina, Ruitenberg Ingredients and ...
Kellogg Company has set up a new venture capital fund to invest in startups that work on new ingredients, foods, packaging, and enabling technology. The venture fund named eighteen94 capital (1894) will make small investments in companies ...
Tags: venture fund, Kellogg Company