Ford has invested $170m at its Silverton Assembly plant in Pretoria, South Africa to manufacture new Ford Everest and Ford Ranger. The American car-maker says that this investment will create about 1200 jobs in Ford South Africa and in ...
Tags: Ford, Investment, Silverton Assembly Plant, Ford Everest, Ford Ranger
Power management company Eaton today announced that the Texas Rangers have installed its advanced light-emitting diode (LED) system at Globe Life Park in Arlington, Texas. The system features industry-leading control functions that will ...
Tags: Eaton, Texas Rangers, LED, Globe Life Park, Energy Efficiency
The only national platform for electronic & ICT industry in China. Gain access to the key decision makers recruited by central government and local governments. Shenzhen mainly serves 3C applied fields including consumer ...
Tags: Footprints
BPI Packaging is set to open a $8m factory in Olive Branch region, Mississippi, US. The company will start operations in a 291,000ft2 facility on Magnolia Drive, which was purchased from Sherwin-Williams. The investment is expected to ...
Tags: BPI Packaging, Job creation
Fresh produce company Fyffes has acquired Canadian mushroom producer Highline Produce for CAD$145m (€98m), including refinancing Highline’s existing debt. Fyffes will fund the acquisition through new and existing bank debt. ...
Tags: Fyffes, Acquisition, Highline Produce, Mushroom Producer
India-based private equity firm Everstone Group has completed the acquisition of Modern Foods, a bakery business of the Hindustan Unilever Limited (HUL). Following the acquisition, Everstone aims to triple the brand's revenue to Rs 10bn ...
Tags: Everstone, Modern Foods, Acquisition, Bakery business, HUL
First Solar Inc of Tempe, AZ, USA - which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services - have entered into a framework agreement for ...
Tags: First Solar, Silicon
Toyota announced that it is launching a new company, Toyota Connected to focus on software and data-driven mobility and the new company will serve as its data science hub for global operations. Toyota Connected launch signifies ...
Tags: Toyota, Data Science Hub
The move by the Government will see the current minimum wage upped from £6.70 per hour to £7.20 this month. But the news has our indie retail panel calling for a reassessment of 'already squeezed margins'. The livng wage ...
Tags: Touhub, The toy store, Kerrison store, Living wages
Germany-based industrial packaging firm Mauser Group has acquired Berenfield Containers through its subsidiary in the US for undisclosed amount. The acquisition will strengthen its Mauser's presence in the US besides expanding the ...
Tags: Mauser Group, Acquisition, Berenfield Containers, Expansion
Britannia Garment Packaging has selected iomart to provide hosting for a new global ERP and CRM system for its ordering division. The software sits on a VMware platform in one of the two data centres iomart owns in the Midlands. Neil ...
Tags: Britannia Garment Packaging, ERP, CRM, Ordering division, Iomart support
Columbia Pacific Advisors said it sold POW Gloves to Rojo Australia, Spacecraft Collective to Omen Longboards and Holden Outerwear to unidentified private investors 30 months after investing $2.5 million in the partnership that used to own ...
Tags: POW Gloves, Rojo Austalia, POW Holdings Brands, D.A, Davidson&Co.
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
ICTI Care's Mark Robertson outlines how a raft of new legislation, coming into effect today, means toy companies must take a closer look at their supply chain. Modern Day Slavery continues to make the headlines, and for very good reason. ...
Tags: Modern Day Slavery Act, ITCT CARE
When guests on Carnival Cruise Line's newest ship, Carnival Vista, raise a pint in the Red Frog Pub & Brewery, they will have a choice of three distinctly flavored hand-crafted beers brewed right on board in the first brewery at sea in ...
Tags: Carnival Cruise, Craft Brewery, Concrete Beach Brewery