Bosch is planning to invest nearly EUR400m in the US over the course of the current year, about one-fifth more than in 2015. Bosch’s headcount is also expected to rise, from 17,800 associates at present to more than 18,800 by early ...
Antarctica Advisors, the Seafood Industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International ("OCI") in the CAD 240m ($177.6m) refinancing of its credit facilities with a syndicate of Canadian and ...
Tags: Antarctica, OCI
Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
Hyundai Motor has unveiled plans to construct a hub for big data at the Guian New Area – China’s national epicenter for big data. Starting operations in June 2017, the new facility will be Hyundai Motor’s first overseas ...
Tags: Hyundai Motor, Big Data Center
Australia’s Nutrano Produce Group has entered into an agreement to acquire Seven Fields and Abbotsleigh Group businesses to strengthen its position in the fresh produce sector. However, the financial details of the transaction were ...
Tags: Fruit Producers, Nutrano Produce
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have officially announced the 13th Five-Year Plan for power development, including carbon emission, power structure adjustment, ...
Tags: PV solar, wind energy
Australian packaging company Amcor has acquired China-based Hebei Qite Packing for around RMB185m ($28m). The acquisition will allow Amcor to expand its flexible packaging operations in the Northern China region. Hebei Qite, which ...
Nestle has opened a new LKR500m ($3.4m) UHT milk plant in its Kurunegala factory in Sri Lanka to boost its production capacity. The new investment is said to help Nestle in expanding the production capacity for its dairy based products. ...
Tags: Nestle, UHT Milk Plant
An organic industry watchdog contends the US Department of Agriculture (USDA) has quietly allowed a flood of hydroponically-produced fruits and vegetables, largely imported, to be illegally labeled and sold as "organic." This produce is ...
Tags: Cornucopia Institute, USDA
Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
KapStone Paper and Packaging Corporation reported results for the third quarter ended 30 September 2016. Third Quarter Operating Highlights Consolidated net sales of $777 million in the third quarter of 2016 were $31 million, or 4 ...
China imported 21.58 million mt of coal in October, including lignite, thermal and metallurgical material, down 11.7% from September but up 54.6% year on year, according to preliminary data released Tuesday by China's General Administration ...
Tags: coal, lignite, metallurgical material
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...
Tags: foreign trade, trade surplus