Beverage-packaging material manufacturer Taiwan Hon Chuan is set to invest NT$10bn ($333m) within ten years to expand manufacturing plants in Southeast Asia, in an attempt to tap the market. According to the institutional investors ...
Tags: Plant Expansions, Beverage-packaging, manufacturing plants
Ukrainian confectionery firm Roshen has initiated operations at its UAH600m (€59.1m) plant in Vinnytsia, Ukraine. The new factory has a production capacity of 120,000 tons of chocolate products, and is spread over an area of ...
Tags: new factory, production capacity, modern confectionery facility
Swiss chocolate manufacturer Barry Callebaut has signed a long-term sourcing agreement with Industria de Alimentos dos en Uno, a subsidiary of Argentinian food firm Arcor. Under the terms of the agreement, Barry Callebaut will supply ...
P T Honda Prospect Motor (HPM), Honda's joint venture firm in Indonesia, has started construction of its new IDR3.1 trillion ($328m) automobile production plant in Karawang Industrial Park in a suburb of Jakarta. The new automobile plant, ...
Tags: P T Honda Prospect Motor, new multi-purpose vehicle, production plant
The company behind a new factory in Bangladesh says business is picking up, with the ink drying on a deal to produce a half-million bicycle frames for a European supplier for the next five years. GermanBangla Bicycle Ltd. — a ...
Tags: bicycle, bicycle frames, aluminum frames
Givaudan has opened a new a savoury flavours production facility in Makó,Hungary,with an investment of€130m. The 50,000m2 facility has a total capacity of 40,000 tonnes and commercial production is expected to begin in the ...
Tags: flavours, investment, growth strategy
Attracted by the incentives encouraging Taiwanese enterprises to return to Taiwan for investments,including employment of more foreign laborers and tariff cut for imported equipment,Largan Precision,a leading optical lens maker in the ...
Tags: Largan Precision, Apple, investments, return to Taiwan
German carmaker Volkswagen along with its joint venture (JV) partner China First Automobile Group (FAW) is planning to build a new vehicle manufacturing plant in Wuhan, China. Currently, FAW-Volkswagen joint venture is in discussions with ...
Tags: FAW-Volkswagen, new plant, Wuhan
Ford of Europe is developing a new virtual factory to simulate assembly line production processes to reduce costs and enhance efficiency. Ford said that the new factory will allow the company's engineers to work collectively on ...
Tags: Ford, virtual factory, efficiency
Nestlé has also opened a CHF16m($16.52m)facility in Luanda,Angola,a move which will strengthen the company's presence in Africa. This investment is a part of the company's three-year program launched in 2010,which aims at investing ...
Tags: Nestlé, investment, beverage, brand
Anne of Green Gables Chocolate has opened a new factory in Georgia, US, as a part of its effort to boost the production of chocolate products. The new factory, which is located in Camden County, will supply the company's chocolates to ...
Tags: production of chocolate products, chocolates, online orders
Automotive press parts and electric components manufacturer Thai Auto Tools and Die is planning to invest about THB1bn ($32.5m) in Thailand over the next two years,including setting up a new plant. Out of the total investment, the company ...
Tags: automotive press parts, electric components, Thai Auto Tools and Die
Pharmaceutical company in the US, Merck Sharp and Dohme (MSD) has opened a new $21m packaging facility in Pandaan, Pasuruan, Indonesia, in an effort to step up its production for the Indonesian and Asian markets. The plant, which was ...
Tags: Medicine Packaging, Pharmaceutical, packaging facility
TTY Biopharm Co.,Ltd.,a major pharmaceutical maker in Taiwan,recently inaugurated a drug factory in Suzhou,Jiangsu Province of China,operated by TTY`s Chinese subsidiary TOT Biopharm Co.,Ltd. At a cost of about US$100 million,the factory ...
Tags: TTY Biopharm, drug factory, anti-cancer drug injections, Suzhou
In opening a wastewater pumps production plant, Sulzer is strengthening its position as one of the leading manufacturers in China. Sulzer invested approximately CHF 10 million in the Kunshan location. Up to 70 employees will assemble ...
Tags: Sulzer, New Pumps Production Plant, China, pump