While increased offshoring of manufacturing might be hurting the packaging supply chain, there is still “enormous potential growth in the packaging sector both sides of the Tasman”. This is the view of Greg Chapman, managing ...
US automobile major General Motors (GM) will pump in $245 million at its Orion Assembly unit in Michigan to launch new vehicles, creating 300 employment opportunities. With this, the investment made in the manufacturing unit reaches ...
Tags: General Motors, Auto Parts
Finnish pulp and paper maker Stora Enso is contemplating to close down its corrugated packaging converting facility in Chennai, India, due to lack of domestic market. Stora Enso, a firm engaged in renewable solutions in packaging, ...
Tags: Stora Enso, pulp, paper
US-based D's Naturals has expanded its product range with the introduction of new butter called Fluffbutter. The Fluffbutter is an almond nut butter with plant-based proteins and claims to be free from dairy, soy, gluten, or any added ...
Tags: D's Naturals, nut butter, Europa Sports Products, Cow Bar and Fluffbutter
Fisker Automotive and Technology Group (FATG), which was purchased by China-based Wanxiang last year following its bankruptcy, will come up with a manufacturing unit in California, US, to revive its Karma hybrid electric car. The new ...
Tags: Electric Car, Fisker Automotive and Technology Group, Karma Electric Car
German automobile major Daimler is expanding in Latin America with a new bus plant in Funza in vicinity of Bogotá, Colombia, having an annual installed production capacity of 4,000. Sprawled over 11,000m2, the unit is witnessing ...
Tags: Daimler, Daimler Buses
Mangalore Refinery and Petrochemicals Ltd (MRPL) has commenced commercial production of polypropylene (PP) post-completion of its Phase III refinery expansion and upgradation project. In a filing to the BSE, MRPL said it successfully ...
Tags: polypropylene, PP Production
US-based alcoholic beverage maker Constellation Brands is planning to expand its brewery and glass bottle production plant in Nava, Coahuila, Mexico, with an investment of approximately $2bn. The expansion will involve increasing ...
Opus Group has signed a binding agreement to sell 100% of Opus Equipment to MECA Scandinavia , a subsidiary of Mekonomen Group. The sale streamlines Opus Group's operations focusing on being a leading global vehicle inspection company. ...
Tags: Opus Group, Opus Equipmen
C North America today announced it is investing $22 million in its Dothan facility in order to increase the production of its high-performance light truck and SUV passenger tires. Michelin said the investment will create about 40 new jobs ...
Tags: SUV passenger tires, tires
German automobile manufacturer Opel is set to launch its new engine, armed with 1.4 ECOTEC Direct Injection Turbo, at the International Motor Show in Frankfurt, Germany, in September. The engine, which has a four-cylinder turbocharged ...
Tags: Opel, Engine, International Motor Show
The latest photovoltaic (PV) price update by EnergyTrend, a division of TrendForce, shows the downstream sector of the industry has been seeing brisk orders since the start of June. Stock up demands for this month also starts to pick up ...
PepsiCo Foods Canada will receive $3m in investment from the government of Ontario to revamp its manufacturing plant in Cambridge. The investment will be used to upgrade the food processing facility to meet world-class food safety ...
Tags: PepsiCo Foods, Canadian Plant
Oman Food Investment Holding Company (OFIC) is planning to invest $620m to set up dairy, poultry and red meat factories in the country to boost food security. Of the total proposed investment, around 70% is derived from state-owned ...
Indonesian establishment GarudaFood will procure 10,000 tons of compound chocolate from Switzerland-based Barry Callebaut under a long-term supply agreement, whose implementation will begin from mid-2016. As per the agreed terms, the ...
Tags: Garudafood, Barry Callebaut, chocolate