IHS Automotive forecasts that the UK's vote to leave the European Union could cost automakers about 2.8 million light-vehicle sales through 2018. The research firm expects global deliveries to rise to 89.82 million this year, or about ...
BMW, Intel and Mobileye have joined forces for the development of autonomous cars with an intention to put them on the road by 2021. Through their collaboration, the companies plan to develop future-proofed solutions that allow the ...
Tags: Self-Driving Cars, BMW
EpiGaN nv of Hasselt, near Antwerp, Belgium, which supplies commercial-grade 150mm- and 200mm-diameter gallium nitride on silicon (GaN-on-Si) epitaxial wafers, says that on 7 June it received official notification from the International ...
UK-based potato crisps producer Tyrrells has announced plans to expand its brand in the Australian and Asia-Pacific markets. The investment comes less than a year after the company acquired Australian snack foods maker Yarra Valley Snack ...
US-based Fluor has completed work on Stora Enso’s consumer board machine in Beihai Mill in Guangxi, China. As part of the deal signed earlier, Fluor provided procurement and construction management services for the board machine and ...
Finnish meat processor Atria has announced that it would invest €14m to improve operations at poultry firm Lagerberg which was recently acquired by it. The company will make investments over the next three years to improve the entire ...
Tags: Lagerberg, chicken rearing
CSC’s chairman Sung confirms his company’s investment valued at NT$4 billion in developing solar power business (photo courtesy of UDN.com).The Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, has ...
Tags: CSC, electric power supply, steel market
The European Investment Bank will invest £12m in Gestamp Tallent Automotive to support and strengthen innovation and to help it develop specialised chassis and suspension products. European Investment Bank vice president Jonathan ...
Tags: European Investment Bank, chassis, suspension products
General Motors (GM) is investing $290m in its Corvette plant in Bowling Green, Kentucky, US to carry out upgrades at the facility. The investment will modify the faciliity's vehicle assembly operations with new technologies and processes. ...
Tags: General Motors, KBI, faciliity's vehicle
Leekes Department Stores achieved growth in its financial year to 31st March, its owner achieving a £2m improvement in profitability with EBITDA profits exceeding £6m. Leekes Retail achieved 12% LFL growth in turnover up to ...
Tags: Leekes Department Stores, housing market, furnishings business
Taiwan boasts a large number of globally competitive manufacturers of furniture parts, to enjoy solid presence in the global furniture supply chain.Despite global economic uncertainties, most of Taiwanese furniture parts makers have yet to ...
Tags: furniture parts, sustainable development, competitive edges
Canada-based poultry and pork products manufacturer Olymel is planning to invest over $25m to expand its hog slaughterhouse and butchering facility at St-Esprit in the Lanaudière region. Upon completion, the expanded facility is ...
Tags: Olymel, poultry and pork products
The European Investment Bank (EIB) has granted a €150m loan for FrieslandCampina to conduct research and development activities in Europe. The loan marks the bank's first loan to a company in the Dutch agricultural sector. Founded ...
Tags: EIB, FrieslandCampina
Maxion Wheels has opened a new light vehicle aluminum wheel plant in Limeira, Sao Paulo, Brazil. The new plant, adjacent to the company's existing steel wheel plant, will add two million aluminum wheels per year in capacity and create an ...
Tags: Maxion Wheels, aluminum wheel
During the St Petersburg International Economic Forum 2016, Monocrystal Inc of Stavropol, Russia (which manufactures large-diameter sapphire substrates and cores for LEDs, optical products and RFIC applications) has signed a memorandum of ...
Tags: Monocrystal, Sapphire substrates