Chinese automaker BYD Co, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. Shenzhen-based BYD plans ...
Tags: Chinese automaker, BYD, Tesla, Battery Factory
After two tough years of stagnation, in 2014 the power semiconductor device market returned to growth, rising by 8.4% to $11.5bn, according to the report 'Status of the Power Electronics Industry (February 2015 edition)' from Yole ...
UK-based whiskey and vodka producer Inver House Distillers is planning to ramp up its production capacity in order to cater to increasing demand in international markets. The company has secured £10m in loan from Bank of ...
Tags: Inver House, whiskey, vodka
Beef and pork processor JBS USA is planning to invest around $75m in the expansion of its beef processing complex in Hyrum, Utah. Work under the expansion includes the construction of new fabrication building, ground beef facility and ...
Tags: beef products, Agriculture
Asian Paints Ltd. has announced its financial results for the quarter and nine months ended December 31, 2014. “We registered single-digit volume growth in the decorative paint segment in India due to sluggish demand conditions," ...
China is expected to purchase at least US$4.5 billion worth of panels from Taiwan in 2015, according to Francis Liang Kuo-hsin, chairman of the Taiwan External Trade Development Council (TAITRA). Liang said that there was a decrease in ...
Eastside Distilling, a producer of crafted spirits in the US, is developing a new facility on Portland's Distillery Row. To be spread over an area of around 41,000ft2, the facility will house a distillery for master crafted spirits ...
Tags: distilling, bottling, packaging systems, Agriculture
Adidas AG plans to sharply ramp up its endorsements of NFL and MLB players in the next few years, Adidas North American President Mark King said in an interview with the Wall Street Journal. The report stated Adidas will sign as many as 250 ...
Tags: Adidas AG, MLB players, Sporting Goods
Private equity firm J.W. Childs Associates has acquired majority stake in California Pinot Noir producer Kosta Browne from The Vincraft Group. The financial terms of the transaction have not been disclosed. Vincraft acquired its ...
Tags: winery, vineyards, Agriculture
India-based Amul is planning to invest around INR50bn ($786.8m) in a move to ramp up its production capabilities. The proposed investment is anticipated to increase the company's capabilities by more than a third over the next three ...
Tags: milk, Agriculture
Barfresh Food Group, a manufacturer of frozen, ready-to-blend beverages, has secured 20 new retail and institutional accounts in Los Angeles and San Diego. These new accounts have signed on to offer its customers Barfresh's unique line of ...
Tags: frozen beverages, food service, Agriculture
Calyxo GmbH of Bitterfeld-Wolfen in Germany’s ‘Solar Valley’, which is a manufacturer of cadmium telluride (CdTe) thin-film solar modules and a supplier of turnkey photovoltaic systems, says that its development and ...
Tags: cadmium telluride, thin-film solar modules, Electrical
China's plan to merge its two railway vehicle manufacturers CNR Corp and CSR Corp into one conglomerate will create an industrial giant which will provide a significant boost to the country's export sector.The planned marriage is expected ...
Tags: CNR Corp, CSR Corp, railway vehicle
US-based establishment Jack's Abby Brewing is planning to build a new brewery in downtown Framingham, Massachusetts. The move will enable the company to expand its production capacity that will be enough to cater to the growth in ...
Tags: Jack's Abby Brewing, Brewery
American meat processor Monogram Foods will invest $36.5m to expand the production operations at its Martinsville facility in Virginia. The 54,000ft2 expansion will create 100 jobs by July 2015, while 100 more jobs will be added over the ...
Tags: meat processor, Agriculture