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Volvo to Build Next-Gen XC90 in South Carolina in 2021

Sep 27, 2017

Volvo Cars said it will build its next generation of the XC90 large premium SUV in its new manufacturing facility in Charleston, South Carolina, US, from 2021. The move takes the company's total investment in its US manufacturing ...

Tags: Volvo, Volvo Cars

Sunwin Stevia Completed Construction on a New Manufacturing Plant in China

Jun 8, 2015

Agricultural processing firm Sunwin Stevia International has completed construction on a new manufacturing plant in China which will increase the company's stevia production capacity. The new facility is equipped with advanced production ...

Tags: Agriculture, Food, Chinese Plant

Cooper Tire & Rubber Co. Will Sell Its 65% Ownership

Dec 2, 2014

Cooper Tire & Rubber Co. will sell its 65% ownership in Cooper Chengshan (Shandong) Tire Co. Ltd (CCT) to Chengshan Group Co. Ltd. for approximately $262 million. “Resolving the ownership of CCT has been a key goal for us, and we ...

Tags: Cooper Tire, Cooper-branded products, Auto

Voestalpine Has Announced That It Will Invest €140 Million Over Next Few Years

Oct 30, 2014

Austrian steel producer voestalpine has announced that it will invest around €140 million over the next few years, constructing a new plant which will produce premium special steel products for the Chinese market. Construction is ...

Tags: Voestalpine, Invest, Energy

Novelis Opens Its First Plant in Changzhou National Hi-Tech District in China

Oct 23, 2014

Aluminum rolling and recycling company Novelis has opened its first plant in Changzhou National Hi-Tech District in China. The Chinese plant will produce heat-treated aluminum automotive sheet and is expected to have production capacity ...

Tags: Novelis, Aluminum Automotive

Cooper Tire and Rubber Reports Fair Market Value for Plant to Be US$440 Million

Aug 28, 2014

Cooper Tire and Rubber Co. reports the fair market value for its Chinese plant to be US $440 million at the current exchange rate. The valuation of Cooper Chengshan (Shandong) Tire Company Ltd. (CCT) was completed by an independent firm ...

Tags: Cooper Tire, plant, Auto Parts

Taiwan's Leading Machine-Tool Makers Are Speeding Expansion Plans to Get Ready for H2

Aug 21, 2014

Taiwan's leading machine-tool makers are speeding expansion plans to get ready for H2 of this year, which they forecast to be brisker than in H1 due to recovering global economy and increasing demand for automation systems. Chairman of ...

Tags: Machine Tool, automation systems, Tools

Cooper Tire & Rubber and Its Chinese Partner Extended Deadline for Setting Fair Market

Aug 18, 2014

Cooper Tire & Rubber Co. and its Chinese partner have extended the deadline for setting the fair market value of Cooper’s Chinese plant to Aug. 24, 2014. Cooper announced it has reached an option agreement with Chengshan Group ...

Tags: Cooper Tire&Rubber, deadline, Auto Parts

Cooper Tire and Rubber Extended Deadline for Determining The Future Ownership

Aug 13, 2014

Cooper Tire and Rubber Co. has extended the deadline for determining the future ownership of its Chinese plant, Cooper Chengshan (Shandong) Tire Company Ltd. (CCT). Cooper, Chengshan Group Company Ltd. and the CCT labor union reached the ...

Tags: CCT, Cooper, Auto Parts

Flexan Was Founded in 1946 by The Lilleberg Brothers as a Family-Owned Business.

Mar 14, 2014

From the outside, it's hard to imagine that the Flexan Corp. facility in an unassuming neighborhood in Chicago serves as the headquarters for a thriving global enterprise. But the 65,000-sq.-ft. complex not only houses production for the ...

Tags: Health, Medicine, company, Plant

Cooper Tire and Rubber Co. Has Reached an Agreement with Its Chinese Partner

Feb 7, 2014

Cooper Tire and Rubber Co. has reached an agreement with its Chinese partner and the labor union representing its Chinese employees to resume regular financial reporting and determine the future ownership of its Chinese plant. The ...

Tags: Cooper, Chinese Plant

Asahi Glass Will Reduce Solar Output with The Conversion of an Existing Chinese Plant

Oct 16, 2013

Asahi Glass will reduce its solar output with the conversion of an existing Chinese plant to automotive production. Source: AGC Solar. Asahi Glass will convert one of its solar glass factories in China to make automotive products. ...

Tags: Asahi Glass, Solar Output

LANXESS EPDM Chinese Was Planted on Course

Sep 26, 2013

LANXESS is progressing according to plan with the construction of its world-scale EPDM (ethylene propylene diene monomer) plant in Changzhou (Jiangsu Province), China. The German specialty chemicals company is investing EUR 235 million in ...

Tags: LANXESS, Chinese Plant

Cooper Tire and Rubber Co. Is Assessing Its Options After Arbitrator's Ruling

Sep 24, 2013

Cooper Tire and Rubber Co. says it is assessing its options after an arbitrator blocked the sale of two of its plants to Apollo Tyres Ltd. The arbitrator upheld two grievances filed by the United Steel Workers (USW) in a ruling issued on ...

Tags: Cooper Tire, tyre, Auto Parts

Cooper Tire & Rubber Co.'s Passenger and Truck Tire Plant Remains Unmanned

Aug 16, 2013

Cooper Tire & Rubber Co.'s passenger and truck tire plant in Rongcheng, China, remains unmanned following a work stoppage that begin in July. The stoppage coincided with the announcement that Apollo Tyres Ltd. had purchased the Findlay, ...

Tags: Cooper Tire, truck tire

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