India-based ShriVallabh Pittie (SVP) Group is setting up a US$ 550 million spinning mill in Kombolcha town, located in the Debub Wollo Zone of Ethiopia’s Amhara Region, Ethiopian News Agency reported. The textile mill, to come up ...
Tags: Spinning Mill, textile mill
Gildan Activewear reported second-quarter revenues rose 4.9 percent to $548.8 million. Adjusted net earnings were $79.2 million, or 64 cents a share, up 8.9 percent The company had projected net sales for the quarter in excess of U.S. ...
Tags: Sports Apparel, Apparel, Sporting Goods, Recreation
Interface, Inc., a worldwide carpet tile company and global leader in sustainability, announced results for the first quarter ended March 30, 2014. First Quarter 2014 Financial Summary & Highlights Sales: Sales for the first quarter ...
Tags: Carpet Manufacturer, carpet tile
Brazil-based car parts manufacturer Torcomp is planning to start construction of a new parts manufacturing facility in Pennsylvania, US by the end of 2014. The new factory will be located in the Cumberland Valley Business Park, near ...
Mount Airy, North Carolina-based wire producer Insteel Industries, Inc. announced that net earnings for its fiscal second quarter ended March 29, 2014 totaled $3.5 million, or $0.19 per share compared with $3.7 million, or $0.20 per diluted ...
Tags: Insteel Industries, wire producer
Microsoft today said that it will close the $7.2 billion acquisition of Nokia's handset business on Friday, about eight months after revealing the deal. Microsoft announced the acquisition of Nokia's devices arm?- and an associated patent ...
Tags: Computer Products, Microsoft, Nokia
Tokyo-based Showa Shell Sekiyu subsidiary Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – and the State University of New York (SUNY) College of Nanoscale ...
France-based automobile maker Renault has announced its plans to invest R$500m ($223.44m) during 2014-2019 to expand its Curitiba Ayrton manufacturing facility in Brazil . Under the five-year plan, the company will invest the amount to ...
Tags: Renault, automobile
Indian steelmaker JSW Steel has announced that it has acquired a further equity stake in Punjab-based Vallabh Tinplate Pvt Ltd (VTPL), raising its stake to 50 percent. As SteelOrbis previously reported, in early April JSW Steel completed ...
Tags: Metallurgy, Mineral, Energy, Tinplate
Chobani, LLC, maker of America's No. 1-selling Greek Yogurt brand, announced today that it has begun exporting to markets in Asia, Latin America and the Caribbean, beginning with Singapore, Malaysia and Panama, to build on the Company's ...
Tags: Chobani, multiple flavors, Yogurt brand
One of America's leading manufacturers of personal hygiene and diaper products (who wishes to remain nameless so let's guess - Pampers, Huggies or ...?) has doubled its monthly orders of Cardia Biohybrid hygiene film. The order is ...
Tags: Packaging, Printing, Biohybrid Packages
Soitec of Bernin, France says that CSOLAR IV West LLC recently notified San Diego Gas & Electric (SDG&E) of its decision not to use the concentrated photovoltaic (CPV) module technology of Soitec Solar (formerly Concentrix) for its power ...
Tags: Soitec CPV, Electrical, Electronics
Ford Motor Company says that its completely redesigned 2015-model Ford F-150, which debuted at the 2014 North American International Auto Show in Detroit (for sale in late 2014), is the world's first pickup truck on the market to feature a ...
Tags: Osram, Automotive LED lighting, LED, Headlamp, LED Forward Lighting
The NCTDA inducted the?late Shorty Parrish into the Hall of Fame. The North Carolina Tire Dealers Association (NCTDA) inducted the late J.H. "Shorty Parrish, founder of Parrish Tire Co., into the North Carolina Tire Industry Hall of Fame ...
Tags: Auto Parts, tire, tyre
Good manufacturing practices (GMP) are the practices required in order to conform to guidelines laid down by agencies which control authorization and licensing for manufacture and sale of food, drug products, and active pharmaceutical ...
Tags: GMP, certification