This week, Altos Hornos de Mexico S.A.B. de C.V. (AHMSA) presented a civil court request in Monclova, Coahuila, to lift the suspension of payments to creditors. The application is supported by a general agreement with the required ...
Mexico's Secretariat of Economy has announced that it has imposed a definitive antidumping (AD) duty on steel cable imports from China. Accordingly, the secretariat has found price discrimination and unfair trade practices in steel cable ...
Tags: AD Duty, Steel Cable
American beverage alcohol company Constellation Brands has finalised the joint venture agreement with Owens-Illinois (O-I) and also completed the acquisition of Anheuser-Busch InBev SA/NV's (ABI) glass production plant located next to ...
Tags: Constellation, beverage alcohol
Chrysler Group has renamed itself as FCA US with immediate effect following the renaming of its global parent company, Fiat Chrysler Automobiles. The new name was officially adopted in October when the company was listed on the New York ...
Tags: bankruptcy, Auto
Mexican corn miller and tortilla producer Gruma has announced plans to invest $50m in a new plant in Russia, over the next two years. Located in the Moscow Region, the new plant will be capable of producing around 31,500 tonnes of corn ...
Tags: tortilla wraps, tortilla, tortilla chips, Agriculture
For the nine month period ending October 31, 2014, Spanish apparel marketer, Inditex said its revenues lifted 7 per cent year on year to €12.7 billion. Sales in local currencies in the reporting period were up 10.5 per cent from the ...
Tags: apparel marketer, Net profit, Apparel
BASF started operations in a new emulsion polymers plant at its integrated Verbund site in Freeport, Texas. The acrylic emulsion polymers manufactured at this new plant are used for architectural coatings, construction chemicals, adhesives ...
Tags: architectural coatings, construction chemicals, Construction
Online and mobile payments worldwide are forecast to reach €3 trillion in the next five years, according to a report by Hamburg-based business intelligence organization yStats.com. Mobile payment is the growth leader, outpacing ...
Tags: outpacing online, Apparel
Disc brake technology maker Brembo is planning to invest $39 m to build a new aluminum caliper production plant in Mexico. The plant expected to produce two million calipers per year for users in NAFTA region which includes US, Canada and ...
Tags: brake technology, aluminum caliper, Auto
Nexen's Roadian CT8 HL will be OE on the Chrysler 200 and the Ram 3500. Fiat Chrysler Automobiles (FCA) chose Nexen Tire Corp. as an “excellent supplier” during the 2014 APAC Supplier Town Hall and Awards Ceremony held ...
Tags: Chrysler 200, Ram 3500, Auto
GW Plastics Supplier in Mexico grow with OEMs. As Mexico's automotive and aerospace industries continue to see rapid growth, suppliers are being encouraged to locate plants near these OEM and Tier 1 facilities to help reduce cost and ...
Tags: Plastics Supplier, Health
Ferro Corporation has completed the acquisition of tile coating manufacturer Vetriceramici S.p.A. for €83 million (approximately $104 million), subject to customary working capital and other purchase price adjustments. Vetriceramici ...
Tags: Tile Coatings, Construction
Mexico is set to host the third edition of ExpoProducción, at the World Trade Center in Mexico City, from February 4th to 6th, 2015. ExpoProducción is expected to be the event of the year for everyone involved in apparel, ...
Tags: home textiles, apparel, Textile
On November 17, the first big exported order of China heavy trucks, 5239 JAC Gallop heavy truck were shipped to Venezuela. And the first shipment is 200 units. 5239 exported heavy trucks create the biggest order in the China heavy truck ...
Tags: heavy truck, Transportation
The Automotive Distribution Network has extended its North American footprint with the signing of three new Auto Pride member warehouses: Auto Specialist, Vista, Calif.; Discount Auto Warehouse, Chicago; and T&T Parts, Maple Ridge, B.C. ...
Tags: Automotive Distribution, Network, Auto