Funds advised by Triton today announced the sale of logistics specialist Dematic, the global leader in warehouse technology and materials handling solutions, to private equity investor AEA Investors (“AEA”) and Teachers’ ...
Tags: Triton sells dematic, warehouse technology and materials
Sulzer has invested CHF10 million in a new wastewater pump production plant in Kunshan, China. Up to 70 employees will assemble approximately 10 000 pumps, mixers and compressors annually for the water supply and wastewater treatment ...
Tags: Sulzer, pump production plant, Kunshan
SKF, a supplier of bearings, seals, mechatronics, services and lubrication systems, has signed a SEK5.2bn ($756.56m) contract with China National Heavy Duty Truck Group (CNHTC), a China-based truck manufacturer. As per the contract SKF ...
Myanmar's UMH Garment Industries has for the first time established a garment factory in Kayin state based Hpa-an township's industrial zone. The move is expected to reduce pressure on industrial zones in Yangon and generate several ...
Tags: Garment, garment factory, MGMA, labour
Aurona Industries,Inc.recently decided to move 70%of the production capacity at its phenolic resin laminate factory in Kunshan of mainland China back to Taiwan in light of the mainland's labor shortage and wage increase. The company is ...
Tags: in mainland China, Machinery, phenolic resin laminate factory
Two Japanese firms are launching a Vietnamese factory to make wood-plastic composite building products and plastic pallets, hoping to use it as a low-cost export base for Japan and Southeast Asia. The two companies, Koei Vietnam Co. Ltd. ...
Dutch workwear producer Van Puijenbroek Textiel(VPTEX)started the realization of its investment in Macedonia,being worth EUR 2 million.Factory will produce protective equipment.Production will be intended for foreign markets,mainly for the ...
Tags: workwear, Van Puijenbroek Textiel, investment, protective equipment
SKF had a ground-breaking ceremony to formally begin the construction of a new SKF Campus on 18 October 2012 at Jiading, Shanghai. The new Campus will include a new automotive factory for production of wheel hub bearing for passenger cars ...
Tags: Market View, bearings
PLANNING permission has been given for a Staplehurst tool company to build a new factory. DK Holdings, which has operated in Staplehurst since the early 1960s, has been given the green light by Maidstone Borough Council planners, but work ...
Tags: Market View, hand tool
German scarf manufacturing specialist V Fraas has installed a Montex 6500 stenter at its Zhangjiagang factory to allow the production of cashmere and woollen scarves. The China division of German scarf manufacturing specialist V Fraas has ...
As Sri Lankan textiles sector now stands bolstered by the recent offer of support from the Government of India,the domestic manufacturers,who were struggling a few years back,are successfully moving for a bigger slice in domestic demand. ...
Tags: domestic demand, Uniforms, Value Chain
HIGH POINT -- New factory orders in July were 4% above July 2011, and are up 4% year-to-date, according to the latest Smith Leonard survey of residential furniture manufacturers and distributors. The July increase came on the heels of ...
Tags: Furniture
Heraeus PV sale department exploits a new production base in Taiwan to meet its demand. Heraeus PV department is the branch of German-base Heraeus Science-technology Company.It has established a new factory in Taiwan to realize its words. ...
Tags: Heraeus, Taiwan, PV Industry Market, PV exhibition
Broad-based Taiwanese auxiliary equipment maker is setting up a warehouse and technology center in Atlanta, its first in North America, and is considering setting up a sales and service office in Germany. The Taipei-based company plans to ...
Fresh off its acquisition by a French industrial giant, Sage Electrochromics has finished building a $150 million factory in Faribault, Minn., and is poised to ramp up sales of its variable-tint glass. And reap its first profits. The ...
Tags: plant positions Sage, smart glass, Van Dine, construction