The Phu Hung textile plant, being constructed in Phu Bai Industrial Park, in Vietnam’s central province of Thua Thien-Hue, will commence operations in August this year, reports Viet Nam News. The Vietnam National Textile and ...
Korea Trade-Investment Promotion Agency (KOTRA), operated and funded by the Government of South Korea, is planning to launch a fashion fund to boost Korea-China apparel products, reports The Korea Times. Apparel with ‘Made in ...
Tags: KOTRA, Apparel, Accessories
Australia-based SunRice Group has agreed to acquire Blue Ribbon Rice Group's rice milling assets in Brandon in North Queensland’s Burdekin region. The transaction, which is subject to clearance by the Australian Competition and ...
Cooper Tire & Rubber Co. has entered into an accelerated share repurchase (ASR) program with J.P. Morgan Chase Bank N.A. Under the ASR agreement, the company will repurchase an aggregate of $200 million of its common stock. Cooper will ...
Tags: Auto Parts, Tire, Tyre
Food manufacturing company Kellogg's plans to shut its bakery operations in Columbus, Georgia, US. This move could result in the loss of 325 jobs at the facility. The company intends to close the entire bakery by the end of 2015, ...
Audi will be the first automated driving pioneer to test its technology on the Lee Roy Selmon Expressway in Tampa, which was recently designated as an automated driving and connected car test bed. Audi will be demonstrating its highly ...
Tags: Audi, Automated Car
BASF Shanghai Coatings has opened its new €50m automotive coatings plant at the Shanghai Chemical Industry Park in Shanghai, China, in a move to strengthen its position as a leading coatings supplier to the automotive industry. The ...
Tags: Automotive Industry, Coatings
Solar cell maker Motech Industries has released its financial report for second-quarter 2014, recording net earnings per share of NT$0.06, according to the company. Motech posted consolidated revenues of NT$5.268 billion (US$176 million), ...
Tags: Solar cell, solar, Lights, Lighting
Daimler has unveiled plans to invest €1.5bn at the Mercedes-Benz Cars plant in Sindelfingen, Germany, by 2020. The proposed plans are part of the company's efforts to modernize the facility to manufacture another model in ...
Tags: Daimler, Mercedes-Benz, Cars
Goodyear Tire & Rubber Co.'s reported second-quarter earnings per share was 80 cents. That was both good and not so good, at least according to industry analyst Nick Mitchell. The adjusted EPS topped the consensus of 79 cents a share. ...
Tags: Goodyear, Auto Parts, Tire, Tyre
Tesla and Panasonic have signed an agreement to jointly build a large-scale battery manufacturing unit, called Gigafactory, in the US for Tesla's electric cars. Panasonic will be manufacturing cylindrical lithium-ion cells and invest in ...
The toy firm will refresh the core range and drive new themes for the brand, such as the new Holiday theme. Character Options has extended it master toy license with Entertainment One to deliver new Peppa Pig ranges through to December ...
Tags: Toy
PUMA's consolidated sales in the second quarter of 2014 were in line with expectations, rising by 0.6% currency adjusted to € 652 million. However, due to continued currency weakness in Turkey, Russia, South Africa, India, Japan and ...
Tags: PUMA, Footlocker, Apparel
Australian Wool Innovation (AWI) will further fund the expansion of the popular Lifetime Ewe Management course (LTEM), investing an additional $800,000 for the further expansion of the course to 2017. AWI has been the principal funder ...
Tags: sheep producers, cotton