Georgia-Pacific has announced that its Palatka, Florida, mill has been selected as the location for the company's previously announced investment of more than $400m in its GP Consumer (retail) tissue and towel business. The investment ...
Mercedes-Benz, a division of German firm Daimler, is commencing construction work for a new passenger car plant in Russia. “Establishing a passenger car production in Russia is a strategic investment in an important sales market for ...
Tags: Mercedes-Benz, Passenger Car
For full-year fiscal 2017 (to end-April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $1449.3m, up 14.7% on fiscal 2016’s $1263.2m. However, for fiscal ...
Tags: Finisar, Datacom product
Ford said it will start importing Focus compact cars from China in the second half of 2019, cancelling earlier plans to build the small-car model in Mexico. Models will come from the company’s existing Focus plants globally. ...
Tags: Ford, compact car
Costco has broken ground on a $300m poultry processing plant in the US state of Nebraska. Dubbed the Lincoln Premium Poultry facility, the project which will be built in Fremont is Costco’s first-ever chicken processing plant. ...
Mercedes-Benz has started construction on a new engine plant in Poland, which will be the company's second facility for engines outside of Germany. The company is building a 50ha plant in Jawor by investing €500m in the site and ...
Tags: Mercedes-Benz, Car
Installation rush in China ahead of June 30 is about to terminate, so trading volume has significantly dropped. For one thing, there is nearly no product for transaction in the market; for the other, it is meaningless to buy PV products ...
Tags: PV products, PV sectors
Packaging products and machinery manufacturer Intertape Polymer Group (IPG) has agreed to acquire Canadian Technical Tape (Cantech) for about $63m. Based in Montreal, Canada, Cantech is a privately-owned North American supplier of ...
Tags: Packaging products, machinery
CM Equity Partners's portfolio firm Graco Supply Company has divested the assets of the Ball Ground aircraft sealant repackaging business to Royal Adhesives & Sealants. Financial details of acquisition have not been disclosed by both the ...
Tags: Graco, Sealant Repackaging
Games and puzzles have proven to be one of the fastest growing toy categories on a global basis, according to Euromonitor. The market research firm revealed that the category registered an eight per cent in growth during 2016, outpacing ...
Tags: Games and puzzles, puzzles
Dow Chemical has completed the construction of its new ELITE enhanced polyethylene production facility in Freeport, Texas, US. Part of the firm’s $6bn expansion on the US Gulf Coast, the 400,000 metric ton polyethylene facility is ...
Tags: Dow Chemical, polyethylene
American Packaging has broken ground on a new 350,000ft2 manufacturing facility in Monroe County, New York. The company is investing around $170m to develop the facility, which will allow to create up to 260 permanent jobs, in addition to ...
Tags: Packaging, packaging converter
Dana has broke ground on a new 7,500m2 production and assembly facility in Chongqing, China, that will manufacture advanced driveline products for the Chinese market. Scheduled to open in late 2018, the facility will produce final drive ...
Tags: Dana, driveline products
UK-based Kite Packaging is expanding its headquarters in Coventry, West Midlands with an investment of about £1.5m. The investment will see the company upgrade its warehouse facilities servicing Midlands and online customers. It ...
Tags: Kite Packaging
Samsung SDI has completed the construction of an electric vehicle (EV) battery plant in Hungary. Samsung SDI President Jun Young-hyun hosted a completion ceremony for the state-of-art electric vehicle (EV) battery plant scheduled to open ...
Tags: Samsung SDI, electric vehicle, battery