OFD Foods, a supplier of freeze-dried food for the US Military, will expand its operations in New York State with a new $25m manufacturing plant in Monroe County. The company has selected Henrietta in Monroe County to build a new ...
Tags: OFD Foods, freeze-dried food
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
Jindal Films Europe, a leading manufacturer of specialty biaxially oriented polypropylene (BOPP) films, has announced that it will increase extrusion capabilities at its Virton site in Belgium. This expansion represents the next phase of ...
Tags: Jindal Films, BOPP Line
Trillium, which aims to close the cyber-security gap threatening self-driving cars, has completed its Series A financing round with investments by Global Brain, Mizuho Capital and DBJ Capital. Tokyo-based Trillium designs and provides ...
Tags: Trillium, Driverless Car Security
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
The firm is scouting for a licensing executive to oversee developing programmes around some of its biggest shows, including sci-fi hit Stranger Things. Paid video subscription service Netflix is looking to move into the toy market. The ...
Tags: Netflix, Consumer Products Market, Toy
What would be your prediction for lighting in 10 years’ time? Majority of commercial members won’t be supplying commodity type luminaires but in order to prosper will need to adapt to the need for more specialist products or ...
Tags: Lighting Industry, Lighting
China has the largest capacity for photovoltaic (PV) energy in the world, official data showed Saturday. China's installed PV capacity was 77.42 million kilowatts at the end of 2016, thanks to 34.54 million kilowatts of capacity added ...
Tags: PV Energy, PV Capacity
Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...
Tags: Electronics, electric vehicles
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
Technology company NVIDIA and German automaker Audi are partnering to put advanced AI cars on the road starting in 2020. Speaking at the opening keynote at CES, NVIDIA founder and CEO Jen-Hsun Huang, joined on stage by Audi of America ...
DuPont Nutrition & Health will increase its cultures manufacturing capacity in Europe with an investment of $60m to meet the growing demand for frozen and freeze-dried starter cultures. As part of the plans, three cultures production ...
As one of the auto manufacturer firstly located in Changsha economy and development district, FOTON Changsha plant has produced 800 thousand vehicles since 1999, accumulating sales revenue of 40 billion Yuan, realized the super development ...