German carmaker Volkswagen’s Chinese joint venture Shanghai Volkswagen (SVW) has opened a new vehicle manufacturing plant at Urumqi in Western China. Claimed to be the first plant in Xinjiang region and the Group's 102nd plant ...
Tags: Volkswagen, Vehicle Plant
Zhejiang Geely Holding Group became China's largest vehicle exporter in July for the first time ever, as its exports continued to see a strong uptrend, despite the overall sector reporting a year-on-year drop in exports for three ...
Tags: vehicle exporter, Volvo Car
This year has been a busy one for materials handling acquisitions. Earlier this month, Daifuku Webb purchased Wynright. Less noticed was the acquisition of Portec, a specialty manufacturer of belt curve conveyors, by Interroll that closed ...
Australian iron ore development company BC Iron has announced its fiscal results for the financial year 2012-13 ended June 30, posting a net profit of A$48.8 million, down 3.5 percent year on year. In the given year, BC Iron's sales ...
German automaker Daimler is planning to invest about EUR2bn in China, as part of its efforts to double capacity at its Chinese joint venture, Beijing Benz Automotive, to 200,000 units per year over the next two years. The latest ...
Japanese automaker Honda Motor's Chinese venture Dongfeng Honda Automobile is planning to recall 408,069 vehicles in China over the defective piston rods. The recall affects the company CR-V sport utility vehicles (SUV) manufactured for ...
Tags: Honda Motor, Recall
Venezuela's CVG-Alcasa primary aluminum production for July totaled 3,954 metric tons in July, down 22% from output of 5,082 mt in July 2012 and 1% below output of 3,996 mt for June, the company said Thursday. Alcasa is operating at about ...
Tags: CVG-Alcasa Output, Chemicals
Swedish automobile manufacturer Volvo Car Group has obtained approval of the Chinese government authorities for the establishment of manufacturing plants in Daqing and Zhangjiakou. The company has started the construction of an assembly ...
Tags: Volvo, Vehicle Plants
Archer Daniels Midland (ADM), input and technology supplier CIC and chemical manufacturer Chemanex have joined forces to produce food packaging polymers. The companies have formed a new joint venture (JV), Chemcel that will construct and ...
Tags: Food Packaging Polymers, Packaging
Michael A. Cash has joined Axalta Coating Systems as senior vice president and president, Industrial Coatings. In this newly created position, Cash will be responsible for developing and executing global business strategy for customer ...
Tags: Industrial Coating, Construction, Decoration, coating
At the latest interim dealer conference, president of Anhui Hualing Automobile Co., Ltd. (CAMC) Liu Hanru says: "Chinese HD truck market will get recovery in September when Chinese economic growth is stable and wins people's confidence. The ...
Tags: HD Trucks, Trucks, Transportation, Auto Parts
Notebook ODMs have recently started integrating their R&D resources from different departments and are using their idle capacity to develop tablets, smartphones or wearable devices, according to sources from the upstream supply chain. ...
Tags: Notebook, smartphones, wearable devices
International Food Products has selected EPIC Systems to develop the process and packaging lines for its new $20m greenfield facility in St Louis, Missouri, US. The new plant, which will be leased from Panattoni Development, combines a ...
Tags: Packaging Lines, US Facility
US based electric vehicle (EV) manufacturer Smith Electric Vehicles has signed an agreement with the China based Taikang Technology to establish a joint venture (JV) in Taiwan. The new JV will be responsible for the assembly and ...
Tags: Smith Electric, Electric Vehicle
Canada-based Sun Life Financial has forayed into the Malaysian insurance market with the launch of a new joint venture between Khazanah Nasional and CIMB Group Holdings to offer services in the country. Sun Life Malaysia Assurance and Sun ...
Tags: Sun Life, Insurance Market