Powertrain components supplier Dana is planning to invest about $70m in a new axle manufacturing facility in Toledo, Ohio, US. The company aims to expand a recently built 100,000 square foot facility on the property to about 300,000 ...
Tags: Powertrain, Dana
Vision Ridge Partners has made a major investment in EVgo, a public electric vehicle charging solutions provider. The investment will allow EVgo to expand its charging network and will accelerate and support widespread deployment of ...
Tags: Vision Ridge, electric vehicles
Marketing technology company Primary Opinion has acquired 48% stake in Australian food company Maggi Beer Products for $15m. The stake sale comes after the food producer Maggi Beer cancelled its plans to issue a public offer. Of the ...
Tags: Primary Opinion, Maggi Beer
US-based packaging solutions provider Hammer Packaging has expanded its portfolio by adding Mark Andy Performance Series Flexo Press with a Rotoflex finishing system. The machine is a 17-inch, 10-color P7 press, which includes a ...
Tags: Hammer Packaging, Flexo Press
Cascades, a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that the Greenpac Mill located in Niagara Falls, NY, a company created in partnership with the Caisse de dépt et de ...
Tags: Cascades, green packaging
Petainer UK Holdings has completed the transaction with KKR Credit for a €100m debt and equity investment. The funding from KKR Credit is being used to refinance the Company's capital structure and also finance the implementation of ...
Tags: KKR Credit, Petainer
"We not only produce energy-efficient bulbs, but also strive to take the quality of lighting to the next level," says Michael Yu, CEO of the Taiwan-based Liquidleds. He made the comment while marking the debut of the world's first soft ...
Tags: LED Filaments, LED light bulbs
German automotive firm Daimler is planning to invest about €500m in a new engine production facility in Poland. The facility, which will be situated in Jawor, around 70km west of Wroclaw, will be Mercedes-Benz Cars' first in Poland. ...
Tags: Daimler, Engine Plant
Global canmaker Rexam has developed new can designs for three new flavours of Schwarze Eule, an energy drink brand of German company BLC Black Labels. The 250ml slim format cans display three new designs, which reflect the premium nature ...
Tags: Schwarze Eule, Rexam, Energy Drink
LED maker Lumileds of San Jose, CA, USA and Arrow Electronics announced a strategic agreement for the global distribution of Lumileds comprehensive portfolio of application-optimized LEDs including high-power, mid-power, low-power, ...
Ford 2017 F-150 will be offered to customers with all-new 3.5-liter EcoBoost engine and 10-speed transmission. The new second-generation 3.5-liter EcoBoost engine will provide 30 lb.-ft. more peak torque compared with the first-generation ...
Tags: Ecoboost Engine, Ford
Commercial Vehicle Group announced, that due to pending negotiations with the hourly employees' union representative, it has decided to consolidate its North American seat production into two North American facilities and stop seat ...
Tags: Commercial Vehicle, Aftermarket
Anheseur-Busch InBev (AB InBev) has offered to sell SABMiller’s Eastern European brewing assets to gain regulatory approval for its £71bn merger with the UK drinks company. The Belgium brewer has submitted an updated ...
Tags: AB InBev, EC Approval
US based packaging machinery company Pro Mach has acquired NJM Packaging to expand its pharmaceutical packaging capabilities. Established in 1915, NJM Packaging is engaged in providing pharmaceutical, nutraceutical, and personal care ...
Automakers Ford, Volvo along with technology giant Google and taxi-hailing firms Uber and Lyft have joined forces to push US regulators to draft regulations that support self-driving cars deployment. The coalition, dubbed the Self-Driving ...
Tags: Self-Driving Cars, Ford