Chairman Jimmy Chu of the Fair Friend Group has announced plans to spend around US$50 million on a new operations headquarter and R&D center in Hangzhou City, mainland China, as part of the group's effort to quickly boost its share of ...
Tags: Fair Friend, horizontal machining
Lassonde Industries posted sales of $315m in the third quarter of 2014, a 22.3% increase year over year. Profit attributable to the Company's shareholders for this period totalled $10.6m, down $0.6m from the third quarter of 2013. "Our ...
Tags: Financial results, Apple&Eve, Agriculture
Tokyo-based Showa Shell Sekiyu subsidiary Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – is installing newly enhanced proprietary CIS production lines at its ...
Tags: copper indium selenium, PV
Central Glass, a parent company of Carlex Glass, announced that it has finalized pending acquisitions to expand Carlex’s business operations. Central Glass has officially acquired all of the outstanding shares of two subsidiaries of ...
Tags: Carlex Glass, OEM automakers, Auto
The new Cayenne GTS resounds an outstanding sporting character in its very name. The resonant letters GTS go back to the famous 904 Carrera GTS of 1963. In 2007, the Cayenne GTS became the first Porsche of the modern era to revive the ...
The government is likely to give the green light to some nuclear projects this year, with the Hongyan River nuclear plant likely being the first to get approval, according to officials. Several other new nuclear projects are also in the ...
Tags: Green Light, Nuclear Plants, Lighting
Dorel Industries Inc. reported organic revenue increased by 6 percent at its Recreational/Leisure segment in the third quarter. Segment sales are up 8 percent for the three quarters ended Sept. 30 compared with the same period in 2013. ...
Tags: Dorel Industries, bicycle
Increasing workforce wages and commercial real estate rental fees in main cities of China has led to the emergence of e-commerce, which has the upside of saving about 60% of operating cost. The importance o the E-commerce trend in China can ...
Tags: Lighting Market, LED
Taiwan's Ministry of Economic Affairs (MOEA) on October 29 approved the conversion of China-based LED epitaxial wafer and chip maker Sanan Optoelectronics' 19.9% stake in Taiwan-based Formosa Epitaxy into a 3.1% stake in Epistar, with the ...
Tags: LED epitaxial, LED chip
Concentrator photovoltaic (CPV) solar system maker Soitec of Bernin (Grenoble), France says that subsidiary Soitec Solar Development LLC has entered into a sales agreement with one of the largest providers of solar energy services in North ...
Tags: solar system, CPV
Spearheaded by Taiwan's Ministry of Economic Affairs (MOEA) and coordinated by Goodway Machine Corp., around 10 of Taiwan's leading machine-tool makers plan to organize a consortium by the end of this year to develop high-end machines for ...
Tags: vertical lathing, Aircraft Parts
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has issued its financial results for the first nine months of the current year, posting an operating revenue of RMB ...
Tags: Chongqing Iron and Steel, Results, Energy
Processing and packaging equipment supplier MG America will launch its new Kartos I/100 Cartoner in the North American market post its showcase at Pack Expo conference. The cartoner offers a wide format range and is specifically designed ...
Tags: MG America, Cartoner
Brazilian juice maker Cutrale and investment firm Safra Group have agreed to acquire American banana producer Chiquita Brands International, in a $680m deal. A definitive merger agreement to this effect was signed between Cutrale-Safra ...
Tags: Chiquita Brands International, Acquire, Food
Keysight Technologies Inc of Santa Rosa, CA, USA (spun off as a subsidiary of Santa Clara-based Agilent Technologies Inc in August), which provides electronic measurement instruments and systems and related software, software design tools ...