Ashland Specialty Ingredients, a commercial unit of Ashland Inc., plans to invest approximately $89 million over the next three years to expand specialty chemical production at its manufacturing facility in Hopewell, Virginia. Virginia ...
Tags: Ashland Specialty Ingredients, chemical production, Construction
Toyota Motor is planning to invest around CNY150bn ($1.3bn) to set up two new car plants in Mexico and China, marking an end to the three-year freeze to expansion plan. Reuters reported citing two people familiar with plans that the ...
Tags: Toyota Motor, annual production, Auto Parts
With a growing number of Chinese cell phone makers taking giant strides in overseas markets, Africa, with its huge population, is also in its sights. OPPO, a Chinese producer, has unveiled two smartphones, OPPO N3 and OPPO N5, in Morocco, ...
Tags: Cell Phone, African Market
The Andhra Pradesh government’s new industrial policy has come as a shot in the arm for the textile industry in the state. According to media reports, the new policy which will be in force till 2020, provides a host of incentives for ...
Tags: Andhra Pradesh, textile industry, Textile
Funded by Science Foundation Ireland (SFI), Invest Northern Ireland (InvestNI) and the US National Science Foundation (NSF) government agencies through the US-Ireland R&D Partnership program, over €1m has been awarded for the project ...
PPG Industries has announced that it has completed the acquisition of REVOCOAT, a global supplier of sealants, adhesives and damper products for the automotive industry, from the AXSON Group. Financial terms were not disclosed. “The ...
Dunelm Group plc has issued a trading update for the third quarter of its current financial year, comprising the 13-week period ending 28th March 2015. Total revenue grew by 10.7% to £216.2m. However, total like-for-like growth ...
Tags: Dunelm Group, Home Delivery sales, Furniture
An independent investigation, overseen by NuVasive’s board, found Alex Lukianov had not complied with certain company expense reimbursement and personnel policies. NuVasive’s CEO has resigned from the company after an ...
Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food
General Motors is expected to generate $350m in profit over three years through the roll out of its 4G LTE mobile broadband in its cars and trucks. General Motors chief financial officer Chuck Stevens was quoted by Reuters as saying: ...
Tags: General Motors, cars, Auto Parts
Axalta Coating Systems Ltd. has commenced a secondary offering of 35,000,000 common shares. The shares will be offered by certain affiliates of The Carlyle Group (the “selling shareholders”). The offering is being made pursuant ...
Mizuno launched a brand campaign that highlights the transformative power, both physical and mental, that running has on a person, "Every Mile Changes You." A continuation of last year's "What if Everybody Ran" campaign, two initiatives ...
Tags: Mizuno, Sporting Goods
Sportsman's Warehouse Holdings Inc. reported same store sales decreased by 5.3 percent in the fourth quarter, compared with a 6.2 percent decline in the prior quarter and an 8.4 percent decline for the full year. The Utah-based retailer ...
Tags: Sportsman, Sporting Goods
The State Council, China's cabinet, has promised policies to boost e-commerce, including through cutting red tape and liberalizing investment rules covering a sector it recognizes as very important to the economy. E-commerce is ...
Tags: China's cabinet, e-commerce
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...