China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
LED packaging service provider Everlight Electronics has acquired an existing factory in central Taiwan from optical disc maker Ritek at a price of up to NT$1.3 billion (US$41.3 million) to expand production capacity by 25%. Production at ...
PPG Industries held a ceremony to mark the completion of a $40 million, 65,000-square-foot plant for on-site resin production at its Sumaré, São Paulo, Brazil, coatings manufacturing facility. Resin produced at the facility ...
Tags: PPG Industries, resin production
Thailand's meat producer Charoen Pokphand Foods (CP Foods) in 2015 is set to invest up to $763m to expand in foreign markets. i The company will spend THB20-25bn ($611-763m) this year, primarily on overseas expansion and ...
Tags: CP Foods, economy, businesses
Waterloo based food processor DC Foods is set to expand its manufacturing capacity to strengthen its business and create 50 new jobs in the region. The company will receive a grant of $800,050 from the Southwestern Ontario Development ...
Net sales for the fourth fiscal quarter ended January 31, 2015 at NYSE listed and off price apparel retailer, Burlington Stores lifted 11.3 per cent from a year earlier quarter. Burlington said its net sales increased 11.3 per cent ...
Quality assurance provider, Bureau Veritas Consumer Products Services (BVCPS) has opened its new Electrical & Electronics laboratory specializing in the testing and certification of automotive components and systems, and large domestic ...
Tags: BVCPS, Bureau Veritas, Auto Parts
PEDS Legwear, one of the world’s leading and fastest-growing suppliers of hosiery and socks, has chosen the fashion PLM platform by NGC software, a leading provider of PLM, SCM, ERP, and Shop Floor Control software and services for ...
Tags: PEDS Legwear, Legwear
In what officials say is a case that sounds worse than it really is, the Vermont Economic Development Authority has foreclosed on SB Electronics and is readying to auction off the property it occupies in the Wilson Industrial Park. Jo ...
Tags: SBE, VEDA, Electronics
Spain based Inditex Group, which has notable fashion brands like Zara in its portfolio, said its sales in the twelve months to January 31, 2015, rose 8 per cent year over year. Sales in fiscal 2014 grew 8 per cent from the previous fiscal ...
Tags: fashion brands, apparel market
US-based Toray Plastics has developed PWX5, a metallized Biaxially Oriented Polypropylene (BOPP) film that can be used as a high-performance inner moisture and oxygen-barrier web in gas-flushed applications. While one side of the film ...
Tags: BOPP, carbon fibers, Packaging
LED packaging service provider Everlight Electronics is not considering a merger with Taiwan-based Edison Opto in order to expand LED packaging capacity, according to Everlight chairman Robert Yeh. News recently spread in the market ...
Tags: Everlight, LED packaging
Scania is one of the world’s leading manufacturers of trucks and cfor heavy transport applications, and of industrial and marine engines. Core to Scania’s operations is to provide solid parts and service support as well as ...
Tags: Scania, trucks, heavy transport applications, buses
Foot Locker Inc. is targeting sales of $10 billion and sales per gross square foot of $600 by 2020, according to new financial targets laid out by the company Monday, March 16. The specialty retailer released its updated strategic goals ...
Molycorp, Inc. has announced financial and operating results for the fourth quarter and full year 2014. FOURTH QUARTER 2014 RESULTS The Company reported consolidated net revenues of $116.2 million, a 6% decrease over the third quarter ...
Tags: Molycorp, Rare Metals