Japanese car maker Nissan and its Chinese joint venture Dongfeng Motor are planning to invest CNY2bn ($315m) in the Xiangyang plant in Hubei province of China to produce two Infiniti models from 2014. Xiangyang plant currently produces ...
Tags: Nissan, Teana models, Murano models, Infiniti cars
Consumption of Pakistani cement in India is thinning out with total cement exports to the latter from the former standing at 183,387 tonnes in the first five months of the current fiscal year, down 38.5 percent compared with 298,214 tonnes ...
Tags: cement, Cement Exports, total cement exports
Oshkosh, a manufacturer of specialty vehicles, has reported net sales of $2.06bn for the fiscal fourth quarter ended 30 September 2012, a decrease of 2.3%, compared to $2.11bn for the same period in 2011. For the fourth quarter of 2012, ...
Tags: Oshkosh, sales down, specialty vehicles
Japanese automaker Toyota Motor is planning to double its sales in China by 2015 to 1.8 million units. The company plans to sell about 1 million units in China in 2012, representing 12% of global sales. If the company sells planned 1.8 ...
Tags: Toyota Motor, sedan, compact hatchback, gas-electric hybrid
Woodland,the famous outdoor garments and footwear manufacturing company,has launched its latest Autumn/Winter 2013 collection in Kochi,Kerala.Unveiling the new line,which includes a range of sweatshirts,windcheaters,jackets and sweaters in ...
Tags: Woodland, outdoor garments, footwear, sweatshirts, windcheaters, jackets
Japanese carmaker Honda Motor’s net profit quadrupled during the April-June 2012 quarter (Q1) to JPY131.72bn ($1.62bn) when compared to the JPY31.80bn ($406m) recorded during the Q1 2011. The rise in profits was attributed to the ...
Tags: Honda, Q1, net profit
On July 18, 2012, the US Customs and Border Protection (CBP) published a summary report of CBP’s 1st Half Fiscal Year (FY) 2012 targeted textile and apparel enforcement actions. According to the report, the Textile Product ...
Tags: textile report, apparel report, Textile Product, textile industry
Apparel brand Woodland has set a sales target of Rs. 8 billion for the ongoing fiscal year 2012-13. The company said against its last fiscal’s turnover of Rs. 7 billion, this fiscal it aims to tap a turnover of Rs. 8 billion. ...
Tags: Woodland, sales target, fiscal year 2012-13
Hormel Foods has reportedly surpassed the water, solid waste and packaging reduction targets in the first year as part of its larger five-year sustainability program. The objectives for fiscal 2012 in terms of solid waste, air and energy ...
Tags: Sustainable Packaging, solid waste, packaging reduction
Siemens AG (SIE) announced plans to eliminate an additional 4,700 jobs at its Osram lighting unit after it injected 699 million euros ($908 million) in capital at the subsidiary it is preparing to spin off next year The job cuts, ...
Tags: Siemens, cut job, light, Osram lighting, LED
Japanese carmaker Mazda Motor (MMC) is planning to establish a production and sales joint venture with its Malaysian local distributor Bermaz Motor in 2012. According to the carmaker, the new JV will further enhance its business and brand ...
Tags: Mazda, JV with Bermaz, Malaysia
Manulife Financial has appointed Craig Bromley as senior executive vice president and general manager for its US Division as well as president of John Hancock Financial Services, effective from 1 September 2012. Bromley will join the ...
Tags: Manulife Financial, Craig Bromley, executive vice president
Japanese automaker Nissan is planning to build a new medium-duty truck for the European market at its Avila plant in Spain by the end of 2013. The company will invest about EUR100m for developing the model and facilitate plant and local ...
Tags: Nissan, new medium-duty truck, vehicle
Broder Bros. Co. announced its third quarter results for its quarter ended September 29, 2012. Third Quarter 2012 Results Compared to Third Quarter 2011 Results Third quarter 2012 net sales were $205.1 million compared to $220.5 ...
Tags: Broder Bros, third quarter, results, net sales
Macy’s Inc. reported strong third quarter earnings that underscore the company’s continued progress in implementing key business strategies to drive growth. Earnings were 36 cents per diluted share for the third quarter of 2012, ...
Tags: Macy's, third quarter, key business strategies, earnings, online sales