UK-based chocolate manufacturer Hotel Chocolat Group is planning a floatation to raise funds for its expansion plan. The founders of the business Angus Thirlwell and Peter Harris are planning to raise £50m through placement in ...
Tags: Hotel Chocolat, Business expansion
Geely Purchased Dongfeng Nanchong and Develops Commercial Vehicles. The share shifting signing ceremony of Dongfeng Nanchong Automotive Co., Ltd. (thereafter shorted as “ Dongfeng Nanchong ” ) was held in Southwest United ...
Steve Reece shines a spotlight on how more and more social media campaigns are forcing toy firms take an initiative when it comes to issues driving and supporting social change. At last our industry is seizing the social media initiative ...
Tags: Steve Reece, Barbie, LEGO
Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...
Finland-based pulp and paper manufacturer Stora Enso is investing about €63m to strengthen its consumer board and biomaterials capabilities in China and Sweden. Of the total amount, the company will invest €31m in a new ...
Tags: Stora Enso, Investment, China, Sweden
Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
McLaren has announced plans to invest £1bn over the next six years as part of its ‘Track22’ Business Plan. The British company which just formed six years ago, says that this investment will go into research and ...
Tags: McLaren, Track 22 Business Plan, Investment
Ford has invested $145m at its Cleveland engine plant in the US to manufacture its new EcoBoost engine. According to the car maker, the investment will create 150 jobs at the site. This move is part of the company's 2015 UAW collective ...
LED device maker Lite-On Technology, LED lighting maker Laster Tech as well as LED epitaxial wafer and chip makers Epistar and Genesis Photonics have stepped into automotive LED lighting, according to industry sources. Lite-On Technology, ...
Orora is planning to invest $42m in additional glass bottle forming lines at its Gawler, South Australia, glass plant. In addition, Orora is assessing a potential investment of a further $10 - $15 million in an automated warehouse at ...
Tags: Orora, Glass Bottle
The total number of Chinese homeport cruise ship travelers reached 2.22 million passenger trips in 2015, and China's cruise industry is set to grow faster in the next decade, a report said. Throughout 2015, China's 10 cruise ports ...
Tags: Cruise Industry, Cruise Ship
Packaging solutions provider Multivac has unveiled plans to expand its manufacturing operations in Kansas City, Missouri, US. The company will invest around $6.9m to expand its US headquarters in Kansas City, which is expected to create ...
Tags: Multivac, deli meats
General Motors has announced that it will produce Small Block 6.2L V8 engines for trucks and SUVs at the its Spring Hill manufacturing plant in the US. The company will invest $148m at the plant to modernize the flexible machining and ...
Tags: General Motors, V8 Engines
MTU Friedrichshafen, a subsidiary of Rolls-Royce and Chinese company Guangxi Yuchai Machinery have started a joint venture. Each company will invest an amount of 75m RMB (around 10.5m Euro). Under the licence from MTU, of MTU diesel ...
Tags: Rolls-Royce, MTU Engines