Honda Manufacturing of Alabama (HMA) has started the mass production of its new 2017 Ridgeline pickup truck. The pickup truck is anticipated to go on-sale soon at Honda dealerships nationwide. It will be manufactured in the same ...
Tags: Honda, Pickup Truck
For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, PICs
Ventura Foods has agreed to acquire Cargill’s dressings, sauces and mayonnaise (DSM) business for an undisclosed sum. Ventura Foods president and CEO Chris Furman said: "The acquisition of Cargill's DSM business is a strong fit ...
Tags: Ventura Foods, Sauces
Fiat Chrysler Automobiles (FCA) and Google’s Self-Driving Car Project announced a collaboration to work on the development of autonomous vehicles. As part of the collaboration, Google's self-driving technology will be integrated ...
Ford 2017 F-150 will be offered to customers with all-new 3.5-liter EcoBoost engine and 10-speed transmission. The new second-generation 3.5-liter EcoBoost engine will provide 30 lb.-ft. more peak torque compared with the first-generation ...
Tags: Ecoboost Engine, Ford
Daimler is planning to invest €580m in its Mercedes-Benz plant in Kecskemet, Hungary. The facility, which started operation in 2012, will produce the next generation of compact cars. Daimler has so far invested about €1bn ...
Tags: Daimler, Mercedes-Benz
Commercial Vehicle Group announced, that due to pending negotiations with the hourly employees' union representative, it has decided to consolidate its North American seat production into two North American facilities and stop seat ...
Tags: Commercial Vehicle, Aftermarket
German engineering firm Voith Paper has been awarded a contract by Koehler Kehl paper mill to upgrade the paper machine 1 (PM1). Voith will improve the profile quality of the papers produced while increasing the energy efficiency of the ...
Tags: Voith Paper, engineering
US based packaging machinery company Pro Mach has acquired NJM Packaging to expand its pharmaceutical packaging capabilities. Established in 1915, NJM Packaging is engaged in providing pharmaceutical, nutraceutical, and personal care ...
China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
Business activity in China's non-manufacturing sector expanded at slower pace in April, official data showed on Sunday. The purchasing managers' index (PMI) for the non-manufacturing sector stood at 53.5 in April, down from 53.8 in March ...
Tags: purchasing managers'index, PMI
US-based food company Hormel Foods has entered into an agreement to sell Diamond Crystal Brands (DCB) to a partner of private equity firm Peak Rock Capital for an undisclosed sum. DCB, which was founded in 1980, manufactures and ...
Profits of China's major industrial firms rose 11.1 percent year on year in March, widening from a 4.8 percent growth in the Jan.-Feb. period, official data showed on Wednesday. The profits of major industrial companies with annual ...
Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin―two mass-market models―in China during 2018. In 2005, based on long-term plans to encourage the widespread use of environmentally-friendly ...
Tags: Toyota, Plug-in Hybrid Models
Magna International has agreed to acquire Telemotive, an engineering service provider for automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, ...
Tags: Magna, Telemotive