US-based diversified product firm Curtiss-Wright has disposed of assets and liabilities of its Engineered Packaging, erstwhile Hybricon, to custom engineering systems provider Atrenne Integrated Solutions, a wing of RFE Investment Partners. ...
Tags: Electrical products, Curtiss-Wright, household goods packaging
UK-based SPTS Technologies has sold its Thermal Products operations to Sumitomo Precision Products’ arm SPP Technologies, in a deal worth $28m. SPP is engaged in the production of micro-electro-mechanical systems (MEMS) and ...
Tags: SPTS technologies, thermal products, MEMS, LED
Axalta Coating Systems introduced its Voltatex family of insulation coatings at the Coil Winding, Insulations & Electrical Manufacturing Exhibition (CWIEME) in Shanghai June 23- 24, 2015. Voltatex products have been tailor-made to enhance ...
Axalta Coating Systems, a global supplier of liquid and powder coatings, introduces its Voltatex family of insulation coatings at the Coil Winding, Insulations & Electrical Manufacturing Exhibition (CWIEME) in Shanghai. Voltatex products ...
Tags: Axalta Coating Systems, liquid and powder coatings, paint pigment
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that its board of directors has approved the following: a restructuring of the LED Products business; a $500m stock buyback authorization for fiscal 2016; and the ...
Tags: Cree LED, LED chip, ASP Erosion
Shanton Fashions, which operates a chain of women's clothing stores in New Zealand, has gone into liquidation that could threaten dozens of jobs, the media has reported. Although 18 stores are still trading, an initial report by ...
Driven by gross margin expansion and a lower tax rate, earnings per share surged 25 per cent, year over year at sports good and sportswear marketer Nike Inc for the fiscal ending May 31, 2015. A Nike press release informed that fiscal ...
Tags: Nike, comfortable footwear, fashionable sports shoes, sports footwear
After e-commerce, it is now the turn of omni-channel in India. The country’s retail market will primarily be driven by omni-channel as brick-and-mortar retailers enter e-commerce to support their stores, says media reports. ...
Tags: fashionable cloth accessories, e-commerce, brick and mortar retailers
China's central bank cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates on Saturday. The credit-easing move, to be effective on Sunday, aims to "support the real ...
Tags: Reserve Ratio, Interest Rates
For its fiscal fourth-quarter 2015 (ended 3 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $320m, up 4.5% on about $306m both a year ago and last quarter. The ...
Tags: Finisar, OpEx, Electronics
Keen to cash in on the online shopping boom, sports footwear and apparel major Adidas will soon roll out omni-channel model, a new mode of technology, at its retail outlets in Punjab, according to media reports. The company aims to ...
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
Despite an Australian economy growing at a moderate 2.3 per cent according to March quarter figures released by the ABS this month, the latest data on trade payments reveals that businesses are paying their invoices at the fastest rate on ...
Tags: Australian economy, payment times
There is some good news for garment factory workers. G7 leaders meeting in Bavaria have agreed to establish a new fund to help improve the global supply chain in the wake of the Rana Plaza disaster in Bangladesh in 2013 in which 1,137 ...
Tags: Garment Industry, Insurance Fund
Chinese companies have been quick to move into the commercial drone market. But many have failed to target the right customers by marketing their products. Areas such as research, sales and promotions need to be beefed up if these ...