Finland’s Kotkamills has signed a €70m contract with Valmet, a technology, automation and services supplier and developer for the pulp, paper and energy industries, to convert its paper machine product from magazine paper to ...
Tags: Valmet, Equipment Upgrade, paper machine
Croatian food company Podravka has agreed to purchase 51.55% regular shares of Slovenia’s food producer Zito for a total amount of €33m. The Croatian firm will pay €180.1 per share and the acquisition is subject to ...
Tags: Podravka, food producer Zito
After acquiring a stake in a U.S. medical device firm last year, the world’s biggest electronics manufacturer is in now talks with another medtech company. Brian Buntz Foxconn is now making components for the ViSi Mobile device ...
Tags: Medtech Market, iPhone Assembler
Abdullah Abbar & Sons Cold Stores is planning to build a new logistics plant for food products at King Abdullah Economic City's (KAEC) Industrial Valley-phase 3 An agreement to this effect was signed between the two parties. The ...
ThyssenKrupp has reportedly approached BNP Paribas to find a suitable buyer for its automotive contract assembly business. The automotive systems unit produces axle systems for car makers, It generates revenues of around €1bn. ...
Tags: ThyssenKrupp, Automotive
Swedish automaker Scania has secured a contract from Taiwanese bus bodybuilder Gen-Chen to supply 100 additional chassis. Since the early 1990s, Scania and Gen-Chen have been working together and the former has been the chassis ...
The National Association for the U.S. Sewn Products Industry (SEAMS), will focus its Spring 2015 Conference beginning April 23, 2015 on helping fashion, textile and other soft goods companies grow their businesses. Scheduled for April ...
Tags: SEAMS Conference, Sewn Products
Wheat futures told the story best early Monday morning: An 11-cent drop in the nearby futures contract in overnight trading was a surefire sign that it rained in the Plains . . . or that the trade thinks it did. Rain did fall, but it ...
The outstanding reputation of China's high speed rail (HSR) industry not only shows the success of domestic innovation but also represents a shift from the export of mass produced "Made in China" products. China North Railway (CNR) and ...
Australia’s packaging company Amcor will be acquiring the internal tobacco packaging operations of Souza Cruz in Brazil for $30m (BRL96m). Majority-owned by British American Tobacco, Souza Cruz is considered to be one of the ...
Tags: Amcor, Tobacco Packaging, Packaging
Mercedes-Benz has started production of GLE Coupé at its plant in Tuscaloosa, Alabama, US. The GLE Coupé is a new series of Mercedes-Benz that incorporates characteristics of a coupé with SUV. The company said it ...
Tags: Mercedes-Benz, GLE Coupé, SUV
Salamander Designs, a leader in premium quality residential and contract AV Furniture, is pleased to announce that all four new models in its expanded AV Basic Cabinet line are now shipping. With the recent introduction of AV Basic Home ...
Illinois-based contract packaging company Apak will be expanding and moving to Racine that will create around 46 new jobs. The company has also been granted a property tax reimbursement of $85,000 over the next 10 years by the ...
US-based contract packaging company ActionPak has purchased a new Tunnel Tornado from Karville Development Group to respond to the increase in demand for short-run shrink sleeve labelling. The company has invested in the equipment to help ...
Tags: rework projects, Equipment, Packaging
The first ever Global Textile Congress held recently in Bangkok discussed ways to develop lasting business relations between countries producing textile fibres, fabrics, machineries and carrying out extensive research in all related areas. ...