VPK Packaging is investing €20m to improve both the quality and capacity of the firm's corrugated packagin solutions, in response to growing customer demand. A brand new corrugator and an additional boxmaker were already brought into ...
Tags: VPK Packaging, Packaging
The Renault-Nissan alliance has established a new global light commercial vehicle division in order to increase sales. The division, which will be known as the Renault-Nissan LCV Business Unit, will draw on synergies from Renault, Nissan, ...
Tags: Renault-Nissan, Commercial Vehicle
Ube Machinery and Mitsubishi Heavy Industries have merged their respective injection moulding machine businesses. Mitsubishi has restarted its operations with the new structure and corporate name U-MHI Platech. Ube Machinery has ...
Tags: Mitsubishi, Ube Industries, Injection Moulding Machine
Global forklift market has continued to grow since 2013 with sales exceeding 1 million units for the first time in 2014 and reaching 1.064 million units in 2015 (up 3.5% year on year), largely driven by the growth in U.S. and European ...
Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
Mitsubishi Heavy Industries Printing & Packaging Machinery (MHI-PPM) has secured an order to provide two sets of Diamondspirit newspaper offset presses for Kobe Shimbun. The presses will be installed at the newspaper company’s new ...
Tags: Mitsubishi, Newspaper
Glencore announces that it has signed a new Revolving Credit Facility (“RCF”), which will ultimately refinance and replace the existing $8.45 billion facility. In this initial pre-syndication phase, Glencore received commitments ...
Tags: Glencore
Nissan Motor has acquired a 34% equity stake in Mitsubishi Motors (MMC) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the ...
Tags: Mitsubishi Motors, Nissan
iPhone 7, iPhone 7 Plus & Apple Watch Series 2 to Support FeliCa, Giving Users an Easy, Fast & Secure Way to Pay & Commute Apple Pay will let iPhone 7 users in Japan commute quickly and easily with Suica. San Francisco — Apple ...
Tokyo-based Mitsubishi Electric Corp is expanding its lineup of gallium nitride high-electron-mobility transistors (GaN HEMTs) to include models operating at frequencies of 13.75–14.5GHz with saturated output power of 100W (50.0dBm) ...
Tags: Mitsubishi Electric, GaN HEMTs
Today, LNG Canada announces that its joint venture participants – Shell, PetroChina, Mitsubishi Corporation and Kogas – have decided to delay a final investment decision on LNG Canada that was planned for end 2016. LNG Canada ...
Tags: LNG Canada, joint venture participants, final investment decision delay
VPK Packaging has commissioned a new Mitsubishi EVOL flexo folder gluer started at Rigid’s corrugating plant in Selby. The new converting machine further increases site productivity and capacity of what is probably already the most ...
Mitsubishi Heavy Industries Machine Tool Co Ltd of Ritto City, Shiga, Japan (founded in October 2015), a group company of Tokyo-based machinery maker Mitsubishi Heavy Industries Ltd (MHI), has agreed with D-process Inc of Yamato, Kanagawa, ...
Tags: Mitsubishi Heavy Industries, D-process, room-temperature wafer bonding
As a key role in manufacturing, CNC machine tools have been emphasized by developed countries. China's CNC machine tools occupied about 30% in 2015, which indicates a big gap with developed countries such as Japan, the United States, and ...
Tags: CNC machine tools
Sweden-based vegetable oils and fats producer AAK has announced the completion of the acquisition of California Oils (CalOils). In July, AAK announced that it was acquiring CalOils, which is based in Richmond, California, from ...
Tags: AAK, CalOils, acquisition