Specialty packaging and labeling films manufacturer Jindal Films Europe is further expanding its metallizing capabilities at its site in Brindisi, Italy. This new capacity comes after the successful installation and start-up of another ...
Tags: Specialty packaging, labeling
GaN Systems Inc of Ottawa, Ontario, Canada – a fabless developer of gallium nitride (GaN)-based power switching semiconductors for power conversion and control applications – says that its funding partners have been recognized ...
Tags: GaN Systems Power, semiconductors
General Motors (Gm) said it will invest $14m on a new facility in San Francisco for Cruise Automation to accelerate the development of autonomous cars. GM acquired the driverless tech startup last March. The new R&D facility, which is ...
Valmet will deliver its DNA automation systems and IQ quality control systems for four tissue machines at Jiangxi Taison Paper in China. Valmet’s automation technology will allow Jiangxi Taison Paper’s tissue machines to ...
Tags: Valmet, DNA automation systems
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
Ford has unveiled the second of 13 new electrified vehicles the company plans to introduce in the next five years. The industry’s first pursuit-rated hybrid police car, the all-new Ford Police Responder Hybrid Sedan, is part of a ...
Tags: Ford, Hybrid Police Car
French food manufacturer Cerelia has acquired Canada-based cookie specialist, English Bay Batter (EBB) for an undisclosed price. The acquisition is expected to accelerate Cerelia's development in North America. Headquartered in ...
Toyota is spending $1.33bn at its Kentucky manufacturing facility as part of its plan to invest $10bn in the US over the next five years. The move adds to the $530m invested in 2013 to support the production of Lexus. With the present ...
Ride-hailing company Lyft has reportedly raised $500m in a new round of funding that valued the company at about $7.5bn. Uber's rival has been trying to raise investment for some time to enter new markets. In the first quarter of this ...
Tags: Lyft, Ride-hailing
China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
Carbonics Inc of Marina Del Rey, CA, USA has launched its ZEBRA carbon-on-silicon technology for radio frequency (RF) components and devices in wireless, communications, defense and aerospace markets. Carbonics was spun out from ...
Germany printer Rehms Druck has selected AccurioJet KM-1 press from Konica Minolta for its first investment in B2 inkjet. The AccurioJet KM-1 B2+ press is designed to provide a wide range of media handling on both coated and uncoated ...
Tags: Rehms Druck, printer
US-based PPG has opened a nearly $3m expansion for packaging coatings manufacturing at its Oak Creek facility in Wisconsin. As part of the expansion project, the firm added a new 3,300ft² facility to produce food-can coatings to help ...
Tags: PPG, packaging coatings
VPK Packaging is investing €20m to improve both the quality and capacity of the firm's corrugated packagin solutions, in response to growing customer demand. A brand new corrugator and an additional boxmaker were already brought into ...
Tags: VPK Packaging, Packaging
Charoen Pokphand Foods' (CPF) subsidiary CPF Investment has agreed to acquire Westbridge Food Group (WFGL) for approximately THB2.6bn (£60m). WFGL is a UK-based company expertizes lie in sales of meat and ready-made products to ...