China's non-manufacturing sector activity showed a slight improvement in November, as new export orders and employment added stabilizers to the economy. The purchasing managers' index (PMI) for the non-manufacturing sector came in at 53.9 ...
Tags: Service Sector, PMI
Resonetics Inc. Resonetics announces the0 opening a new manufacturing site in San Diego, California in the first quarter of 2015. NASHUA, N.H., Dec. 2, 2014 — Resonetics is pleased to announce that it will be opening a new ...
NYSE listed, apparel marketer, Gap Inc. and TAU Investment Management, an active growth-equity investment firm that transforms global supply chains, have entered into a partnership to promote best-in-class innovations and support the ...
Tags: garment factories, Apparel
PolyOne Corporation, a global provider of specialized polymer materials, services and solutions, has announced the acquisition of specialty assets from Accella Performance Materials, a leading North American manufacturer of liquid polymer ...
Tags: polymer materials, Construction
Private equity firm India Value Fund Advisors (IVFA) is set to expand its investment in food sector. The new investments will be led by Haresh Chawla, a partner of IVFA and the former CEO of Network18. The company will also expand its ...
Tags: Food Sector, Agriculture
Southeast Asian online retailer, Lazada has raised €200 million in a new funding round led by Singapore investment company Temasek . In a statement, Lazada said Temasek joined existing investors including Verlinvest, Kinnevik and ...
Tags: Online Retailer, Apparel
Vardhman Group, one of the leading textile companies in India, is set to invest Rs 560 crore for setting up weaving and fabric units in Himachal Pradesh’s Baddi town, Business Standard reported. The managing director of Vardhman ...
Tags: fabric units, weaving, Textile
Finland-based paper and packaging company Powerflute has acquired core and coreboard manufacturer Corenso for €102.3m. Powerflute had previously announced that it would invest around €81m in the acquisition. However, the ...
Publishing its submission to HM Treasury ahead of the Autumn Statement on 3rd December, the British Retail Consortium (BRC), has highlighted the consensus across the business world that the business rates system is in need of fundamental ...
Tags: Retail Consortium, HM Treasury, Furniture
Sika is further expanding its research and development activities. In the presence of His Royal Highness, Prince Edward Duke of Kent, Sika has opened a state-of-the-art research facility in Preston in northwest England. Sika employs around ...
Tags: Sika, Liquid Plastics, Construction
US-based food manufacturing company Kellogg's has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £82.2 per share. Kellogg's new offer overtakes Abraaj Investment Management's latest offer of ...
Tags: Egyptian cake, biscuit, Agriculture
The Coca-Cola Company, SABMiller and Gutsche Family Investments (GFI) will combine the bottling operations of their non-alcoholic ready-to-drink beverages businesses in Southern and East Africa. The new entity, Coca-Cola Beverages Africa ...
Tags: Coca-Cola, bottling operations, Agriculture
American multinational investment banking firm Goldman Sachs-led group of investors is set to invest KRW40bn ($36.1m) in South Korea's largest online and mobile food ordering service. The country's most popular food-delivery service is ...
Tags: Online Food Startup, Agriculture
Paul Leibinger, a company that provides integrated solutions for industrial marking technology and the printing industry, has made its new production hall operational for producing industrial inkjet printers. The company has moved into a ...
Tags: Leibinger, Inkjet Printers
Michelin has set up a new facility in the US for production of X TWEEL airless radial tire for commercial applications. Located in Piedmont, South Carolina, the 135,000ft2 facility will enable the company to boost output of X TWEEL SSL ...
Tags: Radial Tire, Auto Parts