With 'wildfire' growth over, many production lines idle Overcapacity is proving to be a headache for automakers in China as sales slow in the world's largest auto market, said analysts and industry insiders. Though 23.5 million vehicles ...
Tags: Auto Market, Overcapacity
India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
Fonterra expands with new plant in the Netherlands New Zealand-based dairy giant Fonterra Co-operative Group Limited (Fonterra) has commissioned its new dairy ingredients plant in Heerenveen, in the north of the Netherlands. The ...
Tags: Agriculture
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim
H.B. Fuller Company has announced that it has finalized the previously announced purchase of Tonsan Adhesive, Inc., the largest independent engineering adhesives provider in China. With this acquisition, H.B. Fuller adds strong customer ...
Tags: H.B.Fuller, Tonsan Adhesive
French investment firm Wendel has acquired the US-based plastics packaging company, CSP Technologies, for $360m. The Wendel Group has invested $198m for a 98% ownership in CSP, which is based in Auburn, Alabama. CSP, which has ...
HanesBrands, a marketer of innerwear and basic apparel said it will expand production at its Clarksville sheer hosiery facility and reduce offshore sourcing. HanesBrands which markets brands like Hanes, L’eggs, Just My Size and ...
Tags: innerwear, basic apparel, Apparel
The Nevro Senza, as shown in a video on the company's website. Nevro’s stock is now up more than 20% from where it was late last week, after the Menlo Park, CA–based company said that the FDA has deemed the PMA for its spinal ...
Tags: spinal pain-killing device, Health
Axalta Coating Systems has been named a finalist in the 2015 Automotive News PACE (Premier Automotive Suppliers Contribution to Excellence) Award program for its innovative 2-Wet Monocoat paint system. The first of its kind, the 2-Wet ...
Manufacturing centers of Axalta Coating Systems received certification of conformance with the requirements of the ISO 14001:2004 standard. The certification has been accredited by Lloyd’s Register LRQA and is valid for three years. ...
Tags: Coating Systems, Construction
Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that it will celebrate its centennial throughout 2015 with a variety of special events and activities. "Both our company and its founder have incredibly rich, storied ...
Global supplier of apparel labeling solutions ITL Group (ITL) said it has inked a joint venture with Codes and Labels Ltd, a privately owned Bangladesh supplier of labels, packaging and trims. Under the terms of the agreement, the Codes ...
Frozen seafood company High Liner Foods will halt operations at its leased manufacturing facility in Malden, Massachusetts, in the second quarter of 2015. The move is in line with the company's strategy to reduce excess capacity across ...
Tags: Frozen seafood, Agriculture
Utilising its 20 year expertise in the fashion industry, garment manufacturer Saivana Exports has ventured into online retail with Saiesta.com, with an aim to revolutionise the women’s wear market in India. Saivana Exports Ltd, ...
Tags: evening wear, fusion garments, Apparel
CRAIC Technologies of San Dimas, CA, USA has launched the FLEX UV-visible-NIR microspectrophotometer concept, which is designed to be flexible in configuration, capabilities and pricing. Tailored for cost-effective spectroscopic analysis ...
Tags: CRAIC Technologies, Electrical