Fujitsu has paid $1.2 billion into its pension funds for current and former U.K. employees, and renegotiated cuts to ongoing pension contributions, freeing up cash to grow other areas of its U.K. business, the company said Monday. The ...
Tags: Fujitsu, Fund Deficit, Electronics
BOWLING GREEN, Ky. — Eagle Inds. has laid off about 250 workers at its plant here and says it is in talks with an investor for a possible purchase of the entertainment furniture and case goods manufacturer. Eagle was asked to ...
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Fever-Tree, a UK-based producer of tonic water and mixer brands, has sold its 49% stake to private equity group Lloyds Development Capital (LDC) for £48m to drive growth in countries all across the world with emphasis on Spain, the UK ...
Tags: Fever Tree trades, Fever Tree, stake
Basque Country, Spain-based seamless stainless steel pipe producer Tubacex has announced its financial results for 2012. Net profit totaled €11.86 million in the given period, up from €3.66 million in the previous year, continuing ...
Tags: seamless stainless steel pipe, stainless steel pipe, steel pipe
VMG Partners, a private equity firm that specializes in investing in and building branded consumer product companies in the lower middle market, today announced the promotion of Wayne K. Wu to Principal. "As we continue to grow and build ...
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Nestlé has started recruiting for the 400 jobs created by the pound 110M expansion of its coffee manufacturing facility in Tutbury, Derbyshire. UK sales of Nescafé Dolce Gusto have increased by 40% The pound 110M expansion ...
Tags: Nestle, jobs, coffee manufacturing facility
Global labeling content management provider Kallik has received a substantial investment from Midlands venture capital firm, Midven, to expand its national and international customer base. The new investment will enable the UK-based ...
GC Rieber Shipping contracts a new build and enters into long-term time charter agreements Thursday, Feb 14, 2013 GC Rieber Shipping has entered into an agreement with Kleven Verft ("Kleven") to build a new 22 streamer 3D seismic vessel ...
Aditya Birla Nuvo reports results for quarter ended 31st December 2012 -Revenue grew by 10 per cent to Rs.6, 305 crore -EBITDA rose by 29 per cent to Rs.1, 090 crore -Net profit surged by 28 per cent to Rs.323 crore For the ...
Tags: Fashion Retail, Sales, Aditya Nuvo
Flisom AG of Duebendorf, Zurich, which was spun off from the Laboratory of Solid State Physics of the Swiss Federal Institute of Technology Zurich (ETH Zurich) in 2005 to develop technologies for industrial roll-to-roll manufacturing of ...
Tags: Empa Flexible CIGS, Flisom, company news
Turkish specialty steel producer Asil Celik has announced that it has ordered a continuous casting machine from the Swiss plantmaker SMS Concast. The new casting unit is expected to be commissioned in early 2015. The new continuous ...
After hydro and thermal power, THDC India Ltd, a joint venture of the Government of India and the Government of Uttar Pradesh, is diversifying into solar energy business by investing Rs 800 crore in Uttar Pradesh. The ...
Tags: Solar Power, solar energy business, solar
Huntsman Textile Effects, a division of Huntsman Corporation and a leading manufacturer of textile dyes and chemicals, today inaugurated a new specialty synthesis unit, further strengthening its manufacturing capability and presence in the ...
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Brewer Science Inc of Rolla, MO, USA, which provides specialty materials, integrated processes, and laboratory-scale wafer processing equipment, plans to build a high-volume manufacturing facility in Vichy, MO, to produce materials for ...
Tags: Brewer Science, electronic devices, Missouri
McCain Foods, a frozen food company based in Canada, plans to invest INR3.5bn ($63.6m) to boost the production capacity of its plant in Mehsana, Gujarat, India. This move is a part of the company's plan to address the increased demand ...
Tags: McCain Foods, frozen food, Canada, India