Bassett Furniture Inds.says it will invest$1.5 million in a three-year expansion in Henry County,Va.,aimed at growing the company's custom casual dining business. A key part of the project will add 5,000 square feet of manufacturing at ...
Tags: Bassett Furniture, expansion, custom casual dining business
The Board of Directors of Algeta ASA unanimously recommends voluntary cash offer from Bayer to acquire the entire issued share capital of Algeta ? Offer at NOK 362 per Algeta share, in cash, valuing the total share capital of Algeta at ...
New Zealand-based dairy giant Fonterra and Swiss food major Nestle have opened a new dairy distribution facility in Araras, Brazil, with an investment of NZ$45m. The facility was set up through the companies' South American joint venture ...
Tags: Fonterra, Nestle, Dairy Distribution
Qatar Petroleum(QP)and Qatar Petrochemical Company(QAPCO)have revealed the logo of the Al Sejeel Petrochemical Complex,bearing the colors of the Qatari flag,and also announced the award of the project's Front-End Engineering and ...
MODEC,Inc.("MODEC,"head office:Chuo-ku,Tokyo;president:Toshiro Miyazaki),Mitsui&Co.,Ltd.("Mitsui,"head office:Chiyoda-ku,Tokyo;president:Masami Iijima),Mitsui O.S.K.Lines,Ltd.("MOL,"head office:Minato-ku,Tokyo;president:Koichi Muto)and ...
Tags: MODEC, Mitsui, MOL, Marubeni, charter business, the FPSO, pre-salt oil field
Germany-based SMS Group has announced that in 2013 its order intake will be lower than in 2012, adding that it expects its net result to decrease compared to the previous year. SMS Group stated that low capacity utilization and high raw ...
Tags: manufacturing, material, price
Iron is a widely used material. In residential houses as well as in the commercial houses, the use of iron can be seen greatly. Nowadays, the demand of iron and steel products has accelerated visibly. Though iron ore is the main raw ...
Tags: Iron, Metallurgy, Mineral
Drinks Americas is a leading U.S. broker for authentic Mexican Beer. Their leading brand Day of the Dead Craft Beer showcases the original art work of well known Southwest artist. The eye catching creative label design has contributed to ...
Tags: Packaging, Printing, Beer Packaging
Plasma etch, deposition and thermal wafer processing equipment maker SPTS Technologies Ltd of Newport, Wales, UK has won two more awards against other leading companies in Wales and the South West UK. This completes a year in which the firm ...
Tags: SPTS, Electrical, Electronics, Skills Investment
British Solar Renewables confirms innovative joint venture with Santander to invest in the construction of 56.5MW of UK Solar PV projects at three sites across the UK. The sites are located in areas with high light levels in West ...
Tags: Solar, Solar Construction Investment, Metallurgy, Mineral, Energy
German carmaker BMW Group has started construction of a new manufacturing plant in Araquari, Brazil. This move by the automotive giant is aimed at achieving balanced growth in several markets. With this new plant, the group is further ...
Tags: BMW Group, Manufacturing Plant
UK-based dairy farmer co-operative First Milk has decided to invest £7m to construct a new effluent treatment plant and equip new boilers that will use natural gas at its Haverfordwest Creamery in Pembrokeshire. The new projects ...
Tags: First Milk, Effluent Treatment
Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of ultracapacitor-based energy storage products, announced today that it has signed a Memorandum of Understanding with SK Innovation, a subsidiary of SK ...
Tags: Maxwell, SK, Energy Storage
US retailer Macy's is to invest US$170m in a new direct-to-consumer distribution centre in Tulsa County, Oklahoma, to support omni-channel growth. The company, which operates around 840 department stores across 45 states, said the ...
General Motors will invest just shy of US$1.3 billion ($1.45 billion) across five of its US manufacturing sites, with funding going towards production of a new V6 engine, an all-new 10-speed automatic transmission and an existing six-speed ...
Tags: General Motors, US Manufacturing