Cooper Standard has entered into an agreement with AMI Industries to acquire the automotive fuel and brake business of AMI Industries and related companies. The North American business was acquired in this transaction effective August 15, ...
Tags: Cooper Standard, AMI, automotive fuel
South Korean UV LED and blue LED chip maker Seoul Viosys Co Ltd has filed a lawsuit with the Federal District Court of Southern New York accusing P3 International (a US-based manufacturer of home electronics products that sells its products ...
Tags: UV LEDs, Seoul Viosys, Electronic Technology
Sun Chemical has agreed to acquire Flint Group’s European publication gravure ink business. Flint Group has decided to divest its European publication gravure business, as part of the long-term strategy to increase focus on its core ...
Tags: Sun Chemical, gravure ink, core web offset
The payoff of Taiwanese fastener makers' effort on going upmarket is a major growth drive for the industry's sustainable development (in the photo are the high-strength, quality-approved bolts and fixings for rail construction). Although ...
Tags: Fastener, industrial parts
Leading bed and upholstery manufacturers such as Ultra Furniture, Buoyant, Furnico and a host of other big brands are set to confirm Hall 5 as a major destination point at the 2017 January Furniture Show, which is scheduled for January 22 ...
Tags: upholstery manufacturers, Ultra Furniture, Glenn Aston
French dairy giant The Bel Group has agreed to engage in exclusive negotiations to acquire a majority stake in fruit snacks and dessert maker MOM Group. Owned by a private equity LBO France, the MOM Group has significant presence in the ...
A senior US District Court judge for the Northern District of California has granted preliminary approval to a $15bn settlement over Volkswagen's emissions cheating scandal. Judge Charles Breyer granted preliminary approval of the ...
Tags: Volkswagen, vehicles, TDI engine
China will overhaul its investment and financing system to stimulate market vitality amid the economic downturn, according to a document released Monday by the central authorities. The government will cut red tape, improve supervision and ...
Tags: Financing Reform
The Food & Drug Administration (FDA) has granted the first GRAS classification for any rice protein to Axiom Foods for their clinically-studied Oryzatein organic brown rice protein ingredient. Axiom's Vegotein pea protein was also awarded a ...
Tags: Axiom Foods, Rice
For fiscal third-quarter 2016 (to end-May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.38m (slightly below the expected $2.4-3m), down 18% on $2.92m last quarter and down 47% on $3.5m a year ...
XL Hybrids has received approval from California Air Resources Board (CARB) for incentive vouchers for converting hybrid-electric vehicles to fleet vehicles. The approval for the first California Heavy Duty Voucher Incentive Project ...
Tags: XL Hybrids, Fleet Vehicles
French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
Switzerland-based Permapack has deployed Esko’s WebCenter and Automation Engine to enhance process management in packaging production. Automation Engine is a modular workflow server that automates all projects and processes in ...
Tags: Automation Engine, business system
The US Senate has approved a bill, which mandates nationwide labeling of food products containing genetically modified organisms (GMO). The bipartisan bill, which mandates GMO labeling contents with words, pictures or a bar code on the ...
Tags: GMO, food system
Packaging Corporation of America has signed an agreement to acquire independent corrugated products producer TimBar for $386m. As per the terms of the deal, PCA will acquire TimBar's five corrugated products plants, two fulfillment ...
Tags: corrugated products, Packaging