Bosch is planning to invest nearly EUR400m in the US over the course of the current year, about one-fifth more than in 2015. Bosch’s headcount is also expected to rise, from 17,800 associates at present to more than 18,800 by early ...
Confectionary giant Mondelez's Malaysian subsidiary has announced to invest MYR21m ($4.7m) to expand production of the belVita line of breakfast biscuits at it manufacturing plant in Johor state. The expansion is to boost its supply of ...
Toyota announced it will increase Tacoma's production by more than 60,000 trucks annually at its Baja California, Mexico facility in 2018. The increased volume will add approximately 400 jobs and inject about $150 million in new investment. ...
Beverage dispensing equipment maker Celli Group has acquired Cosmetal United, which produces drinking water dispensing systems. Financial details about the acquisition have not been disclosed. The acquisition is part of Celli’s ...
Tags: Celli Group, Water Dispenser
Berlin Packaging has opened a new integrated warehouse and assembly facility at Clinton Commerce Park, developed to expand operations in Pittsburgh region of Pennsylvania. The new facility has been developed to support Berlin’s ...
Tags: Berlin Packaging, Facilities
Stora Enso has finalized the co-determination negotiations regarding the consolidation of manufacturing of corrugated packaging in Finland. Stora Enso’s corrugated packaging plant in Heinola will be closed permanently and packaging ...
Tags: Stora Enso, Corrugated Packaging
Irish dairy products firm Ornua has announced to invest €10m to expand its Neukirchen-Vluyn, production facility in Germany. The investment is aimed at meeting the growing demand for its Kerrygold products in Germany. The expansion ...
Tags: dairy products, German Facility
Global packaging firm Sonoco has acquired privately held flexible packaging company Plastic Packaging (PPI) in a bid to expand its capabilities in Southeast US. However, the financial terms of the deal were undisclosed. PPI is engaged ...
Tags: Sonoco, Plastic Packaging
Goya Foods has opened a opened new 240,000ft2 production facility in Secaucus of New Jersey, as part of its $250m iinvestment. The facility, equipped to manufacture and distribute over 4 million cases of Goya products annually, features ...
Alcoholic beverage firm Remy Cointreau has entered into exclusive talks to acquire French distillery Domaine des Hautes Glaces. The company submitted an offer for an undisclosed amount, with a view to buy the distillery’s entire ...
Tags: Remy Cointreau, whiskies
General Motors (GM) and IBM have joined hands to bring the power of OnStar and IBM Watson together to create OnStar Go, the auto industry’s first cognitive mobility platform. Starting in early 2017, OnStar is expected to give ...
Tags: GM, IBM, Driving Experience
French dairy giant The Bel Group has entered into an agreement with LBO France to acquire a majority stake in fruit snacks and dessert maker MOM Group. Under the agreement, Bel will acquire 65% stake in the company, while the remaining ...
Tags: Bel, Healthy Snack
Performance Food has announced that more than 92% of the imported and domestic farm-raised seafood volume in PFG brands is certified sustainable by the Global Aquaculture Alliance. In addition, more than 97% of the fresh and frozen, ...
Tags: Performance Food, seafood
In December, China will release the first new energy vehicle industry development roadmap, possibly proposing mild hybrid cars as energy saving vehicles, as one of the moves to guide the sector's development in the world's largest electric ...
Tags: Electric Car
Donations and needed supplies to assist organizations leading the hurricane relief and includes $500,000 for recovery efforts in Haiti. BENTONVILLE, Ark., October 11, 2016 – Walmart and the Walmart Foundation have made a commitment ...
Tags: hurricane relief, Donations, needed supplies