General Motors (GM) has confirmed plans to invest $5.4bn at its manufacturing and assembly plants in the US in the next three years, to strengthen its production capabilities and enhance product quality. The proposed investment will be ...
Tags: General Motors, enhancing tools
For the first quarter ended March 31, 2015, operating income soared 24 per cent year on year at apparel marketer and NASDAQ listed, Columbia Sportswear Company. According to a Columbia Sportswear press release, first quarter of 2015 ...
For first-quarter 2015, AXT Inc of Fremont, CA, USA, which makes gallium arsenide, indium phosphide and germanium substrates and raw materials, has reported revenue of $20.1m, up 2.5% on $19.6m last quarter and 4% on $19.3m a year ago. ...
Tags: gallium arsenide, indium phosphide
North East Lincolnshire-based Ultimate Packaging is remodelling its food standard factory and investing around £4m to install two additional Bobst F&K 20SIX flexo presses for increasing production capacity and flexibility. The ...
Tags: Ultimate Packaging, Packaging
The world’s biggest online retailer, Amazon.com reported a net loss in the first quarter ended March 31, 2014 as against net income in the corresponding quarter of 2014. Net loss in the first quarter of 2015 stood at $57 million or ...
Tags: Online Retailer, Amazon
A textile machinery symposium was held at Tehran in Iran by VDMA, the German association of machinery manufacturers on April 21 and 22, 2015. “Around 600 Iranian guests attended the symposium which was the first German event of ...
IRL has announced the launch of a new edition of its single country report A Profile of the Indian Paint Industry. In this study, IRL examines India’s paints and coatings market independently and not as part of a regional study on the ...
Kona Brewing Company has announced plans to invest $15mn for expansion of its brewery operations in Hawaii, US. The expansion plans include construction of a new 30,000ft2 brewery that would boost Kona's annual brewing capacity to ...
Tags: Kona Brewing, brewery operations
India's ITC is set to establish four food parks with an investment of more than INR200 crore (approximately $31.62 m) each in the state of Tamil Nadu, India. Business Standard quoted Tamil Nadu additional chief secretary (Industries) C ...
Tags: food parks, Tamil Nadu, Mega Food Parks
Schott announced that it will continue to invest in its pharmaceutical packaging plant in Itupeva, Brazil on the occasion of its 80th manufacturing anniversary in the country. The company said that it will supply locally-produced ...
Amira Nature Foods has expanded its distribution network with the establishment of new distribution centres in 15 major cities across India. This will allow the company to cater to the growing demand of its packaged Indian specialty rice ...
Tags: Amira Nature Foods, specialty rice
For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...
North American company Cascades that recovers, manufactures and converts green packaging and tissue paper products has installed a new converting line at its Candiac plant in Quebec, Canada. This line which will become operational in July ...
Al Safi Danone Iraq will receive around $18m in investment from World Bank Group member IFC to expand its dairy operations to enhance domestic food security. This is a part of World Bank Group's strategy to encourage South-South ...
Tags: Al Safi Danone Iraq, food security
As part of the Texprocess Forum programme, the International Apparel Federation (IAF) is organising a panel discussion titled ‘Making technology work in fashion’ in Hall 5.0 C06 on May 5, 2015. The panelists of this session ...
Tags: Panel Discussion, Texprocess Forum