Magna International has inked a pact to purchase automotive transmissions supplier Getrag Group of Companies (Getrag) in a deal valued at 1.75bn Eur. Likely to close by this year-end, the transaction for the 100% equity incorporates ...
Tags: automobile manufacture, company acquision, Getrag Group
BorgWarner supplies its wet friction technology for ZF's new eight- and nine-speed automatic transmissions. The 8-speed transmission features BorgWarner's multi-segment friction plates with intricate groove designs, and the torque ...
Tags: automobile manufacture, wet friction technology, auto parts
Automotive interiors supplier International Automotive Components (IAC) has expanded in China, inaugurating its facility located in Hangzhou. Sprawled over 78,577ft2, the Hangzhou plant will generate over 220 employment opportunities. ...
Tags: automobile manufacture, IAC, auto parts
Virginia Tech is set to launch a new $14m Dairy Science Complex located at Kentland Farm in Montgomery County, Virginia, US. The new facility has been designed to further Virginia Tech's dairy science program. Featuring latest ...
French food cooperative Agrial has acquired Dutch fresh vegetables specialist Van Oers United for an undisclosed amount. Van Oers United will become a part of Agrial's vegetable division Priméale. As part of the acquisition, ...
Tags: agricultural products, health food, vegetable, brussels sprouts
Blue Bell Creameries, whose products were found to be linked with the recent Listeria outbreak in the US, is receiving a significant amount in investment from Texas business investor Sid Bass. The investment will be used to bring back ...
Food ingredients company Bunge North America (BNA) has decided to shut down its oil packaging unit in Bradley, Illinois, in the US. The closure will take place in 18 to 24 months. Besides, operations at the administrative building, ...
The U.S. Environmental Protection Agency (EPA) is recognizing landmark green chemistry technologies developed by industrial pioneers and leading scientists that turn climate risk and other environmental problems into business opportunities, ...
Tags: chemicals, coating, paint pigment, EPA, Hybrid Coating Technologies
Japanese automotive test systems firm Horiba has acquired the vehicle engineering, research and product testing business of UK-based Mira, extending its portfolio to next generation mobility. The new entity, henceforth known as Horiba ...
Tags: automobile manufacture, auto parts, auto accessories, Horiba
Pritzker Group Private Capital has purchased Chicago-based LBP Manufacturing to tap the latter’s potential in material science, equipment and converting technology in food and beverage packaging. LBP Manufacturing is being acquired ...
Tags: packaging machine, arriage, Pritzker Group Private Capital
Work uniforms and facility services provider UniFirst Canada Ltd. said it has acquired Canadian company and Ontario based McGuire Uniforms. “The acquisition unites two of Canada’s largest suppliers of direct purchase programs ...
Tags: textile manufacture, apparel, clothing, UniFirst, Work uniforms
DuPont Performance Polymers recently installed a 3D Suction blow-molding machine and a 450-ton injection molding machine in Asia-Pacific to strengthen its application development capabilities in the region. The 3D suction blow molding ...
Tags: 3D Suction, DuPont, chemiclas
Morton Salt is launching food grade manufacturing capabilities at its salt production facilities in Grantsville, Utah and Port Canaveral, Florida with an investment of around $20m. The project will see the installation of a sea salt ...
Lamb producer Superior Farms has opened a new processing facility in Dixon, in the US state of California. Located adjacent to the current facility, the new plant will become completely operational by the end of August this year. The ...
Tags: food manufacture, animal hunsbandry, lamb
The Cambridge University Eco-Racing (CEUR) Team will launch solar-powered racing car Evolution, which has been developed by a team comprising 60 students. With a view to spreading awareness about electric vehicles, the racing car will ...
Tags: racing car, Jaguar Land Rover