Confectionery company Mondelez’s Romanian arm is seeking a buyer to sell its chocolate factory in Poiana, Romania. The buildings and the 13,000sqm land area costs €2.1m, excluding taxes. The factory is located in Brasov. One ...
Gluten-free bakery company Genius Foods is acquiring gluten-free pastry products manufacturer Chapel Foods for £3.5m. Under the terms, Genius Foods will acquire operations of Chapel Foods and its production facility in ...
Firecomms Ltd of Cork, Ireland and Tongxiang, China (which manufactures fiber-optic solutions and optical transceivers for communications networks) has launched a range of 5Mb RedLink fiber optic receivers with an extended temperature ...
Tags: Firecomms, Optical transceivers, IGBT driver
AKHAN Semiconductor Inc of Chicago, IL, USA has formally opened its new global headquarters and production facility at 940 Lakeside Drive in Gurnee, Illinois, after beginning operations there in June. The firm also says that its first ...
Tags: Akhan, diamond semiconductor
Daimler is planning to expand the production of its twelve-cylinder V12 biturbo engines at its manufacturing facility in Mannheim, Germany. The company said that it took the measure due to strong customer demand for its ...
Tags: Daimler, V12 Biturbo Engines, cars
Carla's Pasta is to launch new line of frozen, ready-to-eat pastas and pestos at all 64 Big Y locations starting this month. Carla's Pasta business development vice president Sandro Squatrito said: "We could not be happier or more proud ...
Tags: Carla, Pasta, Cheese Sacchettini
Elio Motors today introduced its fifth generation prototype, the P5, at a news conference at the Los Angeles Auto Show. The company is targeting a launch date of late 2016 for its three-wheeled, enclosed vehicle that is expected to get up ...
Tags: Elio Motors, P5 Prototype, 3-cylinder engine
Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, cream cheese, food, beverage
Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, Cream Cheese
The volatile solar market will rationalize extensively over the next year, with the handful of leading companies likely to have successful initial public offerings (IPOs) outweighed by several others going to the wall. Jason Eckstein, the ...
Tags: Solar, CIGS, concentrating photovoltaics
Pompeian Group, the Baltimore-based importer and distributor of olive oil and vinegar, is entering into a new equal partnership with the DCOOP Group of Spain, the largest olive oil cooperative in the world. Pompeian, through its group of ...
Tags: Pompeian Group, olive oil, vinegar
For third-quarter 2015, AXT Inc of Fremont, CA, USA, which makes gallium arsenide (GaAs, indium phosphide (InP) and germanium (Ge) substrates and raw materials, has reported revenue of $18.4m, down 12.4% on $21m last quarter and down 20% on ...
Eric Sievers, the CEO of Ethanol Europe, the holding company of ethanol production facility Pannonia, Tuesday urged support for biofuels from non-governmental organizations (NGOs) and from the European Union itself, at an industry event in ...
Tags: Ethanol, Biofuels, renewables
Mercedes-Benz along with its joint venture partner Beijing Benz Automotive has started the production of GLC SUV at their production facility in Beijing, China. The new GLC SUV is the second localized SUV model at the assembly lines, ...
Tags: Mercedes-Benz, Automotive
US-based agricultural and food company Cargill is considering investment in poultry production in the Philippines. The company is still studying the investment structure and the business model, location, and supply chain in the ...
Tags: Cargill, Poultry Production