Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...
Tags: Ford Motor, OPEB Plans
McRae Industries, Inc., the maker of military, work and western boots, reported consolidated net revenues for the first quarter of fiscal 2016 of $31.7 million as compared to $29.2 million for the first quarter of fiscal 2015. Net earnings ...
Tags: McRae Industries, Inc., footwear brandes, Sporting Goods
Philips announced it will be closing down its lighting plant in Burgaw, Pender County in North Carolina, U.S. recently, according to a report by Triangle Business Journal. The factory closure, which will become effective as of Sept. 2016, ...
Tags: Philips, lighting industry
Modern direct-shift production at the KODA Vrchlabí plant has received an intelligent assistant: An innovative lightweight robot is now aiding employees in the 'gear actuator piston insertion' manufacturing step. This is the first ...
Tags: KODA, lightweight robot, gearbox DQ 200
Philips, the global leader in lighting and Cisco, the worldwide leader in IT, today announce a global strategic alliance that will create new value in energy savings, building efficiency and employee productivity, made possible by the ...
Tags: Philips, LED lighting, IoT Lighting
AKHAN Semiconductor Inc of Chicago, IL, USA has formally opened its new global headquarters and production facility at 940 Lakeside Drive in Gurnee, Illinois, after beginning operations there in June. The firm also says that its first ...
Tags: Akhan, diamond semiconductor
The Walton Family Foundation, which was created by Walmart founders Sam and Helen Walton, has awarded a $100,000 grant to PeopleForBikes in support of its Business Network. The Business Network of PeopleForBikes works to organize the ...
Tags: backs bicycling, bicycle industry
Shelby GT350® Mustang features Performance Shift Light Indicator display with Track, Tach and Drag mode Performance Shift Light Indicator provides the benefits of a shift light while allowing drivers to keep their eyes on the track at ...
Tags: Ford, LED HUD, Automotive lighting
The global photonics market is worth at least $150bn, according to analysis by SPIE, the international society for optics and photonics (and owner of optics.org). The data were presented last week (4 September) by SPIE’s Industry and ...
Tags: photonics market, SPIE
The value of annual sales in the global photonics market has been revised upwards to $182bn, according to new analysis by SPIE, the international society for optics and photonics (and owner of optics.org). The new results were presented by ...
British Virgin Islands-based packaged food company Nomad Foods has completed the acquisition of frozen food brand Findus Sverige AB for £500m from LionGem Sweden 1 AB. The acquisition includes Findus' European businesses in ...
Tags: Nomad Foods, frozen food, Findus
One spot of the Great Wall, one of the world's most recognizable landmarks, recently accommodated a set built and abandoned by a film crew in May in Beijing, a local newspaper reported. According to the Legal Evening News, a film crew ...
Tags: Great Wall, Film Shooting, Landscape Harmed
The Wilkins Group is investing over $3m into a brand new state of the art factory on the island of Sri Lanka. The Wilkins Group bought the land overseas back in 2013, and work began on the two-acre site at the back end of last year, with ...
Tags: Wilkins Group, LEED certification
Today, Acuity Brands, Inc. (NYSE: AYI) is unveiling its first networked LED-based lighting solutions designed specifically to address the tough conditions food processing facilities deal with every day. The new networked solutions for food ...
OPPLE Lighting, a leading lighting manufacturer based in Shanghai, China, recently launched a branding campaign extending point of sales with aggressive promotion in Bangkok, Thailand, with an aim to enhance the brand awareness, help the ...
Tags: Thailand, Opple Lighting, branding campaign