According to a new forecast report by Ovum, FTTx optics will reach a new record level in 2015, following a record-breaking 2014. The report forecasts that FTTx optical components revenue will exceed $1bn this year, up almost 5% from $953m ...
Chiripal Group company and India’s second biggest denim fabric producer, Nandan Denim Limited posted revenue growth of 22.7 per cent year over year in the fourth fiscal quarter ended March 31, 2015. In a press release, Nandan Denim ...
Tags: denim fabric, Textile
South Korean automobile major Hyundai is considering a third factory in India, highlighting the growing importance accorded to the Indian market. Hyundai Motor Group's chairman Mong-Koo Chung who recently met Indian prime minister ...
Tags: Hyundai, automobile major, Indian market
In 2014, Spanish apparel brand Mango clocked revenues of €2.01 billion, up 9.3 per cent over 2013, with 82 per cent of sales coming from overseas markets and the rest from Spain. Online turnover now accounts for 9.1 per cent of ...
Tags: Mango, Spanish apparel brand
The LED industry is now fully embracing the fast-growing lighting market as (based on revenues) LED lighting has become the largest sector among LED applications, surpassing LCD backlighting in 2014, and is expected to be the major driver ...
Tags: LEDs MOCVD, LED Chip
Toyota Motor is planning to invest around CNY150bn ($1.3bn) to set up two new car plants in Mexico and China, marking an end to the three-year freeze to expansion plan. Reuters reported citing two people familiar with plans that the ...
Tags: Toyota Motor, annual production, Auto Parts
L. L.Bean expects to open its first Ohio store in November 2015. The store will be located at Legacy Village, a popular lifestyle center in Lyndhurst, OH , just outside of Cleveland. The 16,000 square-foot store will employ approximately ...
Tags: shopping center, fly-fishing, Sporting Goods
Mercedes-Benz has broken ground at its passenger cars plant in Brazil, which is a part of the company’s global production network expansion plan. The plant is located at Iracemápolis near Sao Paulo and the German car maker ...
Tags: Mercedes-Benz, Car Plant
Taiwan's leading machine-tool makers are accelerating their investment plans to alleviate the problem of insufficient production capacity, despite the hazy business outlook for 2015. The Tongtai Group's board of directors recently ...
Tags: machine-tool, Machinery
Hyundai’s logistics division Hyundai Glovis has acquired a finished vehicles logistics company named Adampol to increase the investment capabilities of both companies and obtain synergy in logistics market. Adampol is a Polish ...
Tags: Hyundai Glovis, logistics market, Auto
To meet increasing sales in North America, global automotive supplier DENSO will open a new shipping warehouse in Nashville, Tennessee. "This new warehouse enables us to expand our capabilities to satisfy our customers and also support ...
Tags: Logistics Center, shipping warehouse, Auto
The Irish Dairy Board (IDB) plans to double its presence in the Chinese mass market by 2015 in line with its strategy to tap milk deficit regions. The cooperative has been making attempts to expand internationally in order to find ...
Gujarat Alkalies and Chemicals Limited (GACL), the single largest producer of Caustic Soda in India, has planned to invest Rs 3500 crores for expansion and new projects on caustic soda. The expansion projects involve augmenting the ...
Tags: Alkalies, Chemicals, caustic soda
India has evinced interest in reviving and expanding operations of Rift Valley Textile Company Ltd (Rivatex) located in Eldoret town of Uasin Gishu County in Kenya. If the Indian Government okays the proposal, the Export-Import Bank of ...
Tags: India, Rift Valley Textile Company, Textile
Two long and specialty steel producers in Brazil filed for bankruptcy last week, according to media reports. Both companies belong to the Wilson Santos group. Cisam Siderurgia and Ciafal, located in the cities of Para de Minas and ...
Tags: Brazil, Bankruptcy, Metallurgy