Japanese automaker Honda Motor's US-based subsidiary American Honda Motor is set to recall 1,038 units of its Fit vehicles in the US over a defect in the vehicles' front driveshaft. The recall, which is expected to start in mid-June 2014, ...
Leading flat knitting machine manufacturer SHIMA SEIKI MFG., LTD. of Wakayama, Japan together with its U.K. subsidiary SHIMA SEIKI EUROPE LTD. will hold a private exhibition at their revamped showroom next month. On display will be the ...
Tags: Textile, knitting machine
Evraz UGOK (Southern Ore Mining and Processing Enterprise), a subsidiary of Russian mining and steel producing company Evraz Group, has announced that in May this year its iron ore concentrate production increased by 8.8 percent year on ...
Tags: Metallurgy, Mineral, Energy, Steel
The Goodman Group’s wholly owned North American subsidiary, Goodman Birtcher has launched the development of a new US$150 million logistics centre at Rancho Cucamonga in the Inland Empire West market of Southern California. The new ...
Tags: Pipeline, Logistics Hubs
Wolverine Advanced Materials (Wolverine) has acquired the Aftermarket Brake business of Material Sciences (MSC), a subsidiary of New Star Metals for an undisclosed sum. The acquisition of MSC's Brake business further expands Wolverine's ...
Tags: Wolverine, Brake Business
South Africa-based paper and packaging firm Mondi has signed an agreement with Graphic Packaging subsidiary Graphic Packaging International to acquire its bags and kraft paper business, for around $105m. As part of the deal, Mondi will ...
Tags: Bags, Graphic Packaging
In the January-May period of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 2.480 million mt, down 4.1 percent year on year, as announced by the ...
Tags: Crude Steel, Output, finished steel products
Software platforms provider QNX Software Systems, a subsidiary of BlackBerry has launched a new operating system (OS), the QNX OS for Automotive Safety 1.0. The new OS, which is built on the QNX technology, is said to address growing ...
Tags: Auto Parts, Accessories, Electrical, Electronics
First Solar Inc of Tempe, AZ, USA – which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – has agreed to acquire skytron-energy ...
Nissan North America, a subsidiary of Japanese automotive company, is recalling model year 2014 Rogue vehicles over the use of incorrect bolt to connect the intermediate shaft to the upper steering assembly. The company claimed that the ...
Tags: Nissan, Rogue Vehicles
Cott Corporation’s UK/Europe business unit has purchased all subsidiary companies of Aimia Foods in a $133m deal.The acquisition price includes the payment of nearly $80m at closing plus an adjustment for working capital, $33m in ...
Tags: UK Business Unit, Aimia Foods
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the January-April period of the current year its subsidiary Tangshan Iron and Steel Co. (Tangsteel) exported 1.39 million mt of finished steel, ...
Tags: steelmaker, Iron, Steel
POET Technologies Inc of Toronto, Canada – which, through subsidiary OPEL Defense Integrated Systems (ODIS Inc) of Storrs, CT, USA, has developed the proprietary planar-optoelectronic technology (POET) platform for monolithic ...
Tags: POET, Process Equipment
Graphic Packaging’s European subsidiary has completed the previously announced acquisition of the UK-based food and healthcare packaging company Benson Group, for about $165m. Announced in February, the acquisition is claimed to ...
Tags: Graphic Packaging, packaging
Ford Automotive Finance China, a subsidiary of the Ford Motor Credit Company, has completed its first asset-backed securitization (ABS) in China to support the financing of Ford-brand vehicle sales Ford Automotive Finance (China) is the ...
Tags: Ford, Asset-Backed Securitization