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Genesis Motor America to Launch 2019 G70 Luxury Sport Sedan in US
Jun 14, 2018Genesis Motor America, a California-based luxury automotive brand, is set to launch its new luxury sport sedan 2019 Genesis G70 in the US. G70 is the third of six new Genesis models slated to debut by 2021, and the final sedan of the ...
Tags: Genesis Motor, Sport Sedan
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Baidu Unveils New Upgrade to Autonomous Driving Open Platform
Apr 28, 2018Baidu has unveiled Apollo 2.5, the latest version of the open autonomous driving platform, which now supports autonomous driving on geo-fenced highways. At a launch event to celebrate Apollo’s one-year anniversary in Beijing, Baidu ...
Tags: Baidu, Autonomous Driving
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Tyson Foods Explores Divesting Pizza Crust Business
Mar 29, 2018US meat processing company Tyson Foods is exploring the sale of TNT Crust, its pizza crust business, as part of its strategic focus on protein. Tyson Foods Prepared Foods group president Sally Grimes said: “We’re focused on ...
Tags: Tyson Foods, Pizza
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Tyson Foods Selects Tennessee for $300m Chicken Production Plant
Nov 22, 2017American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
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Citic Capital in Advanced Talks to Buy French Cosmetics Packaging Firm Axilone
Nov 8, 2017Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
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HERE, Mitsubishi Electric Partner to Offer Advanced Location Services for Autonomous Cars
Nov 1, 2017HERE Technologies and Mitsubishi Electric have unveiled plans to link their technologies for autonomous vehicles into an integrated offering for automakers. Under the preliminary deal, the companies intend to provide services to support ...
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Fisher Group Doubles Capacity
Sep 19, 2017Label printers and plastic fabricators distributor Fisher Group has shifted its operations into new larger facility on the northwest side of Salt Lake City, US. The company moved the operations into 83,000ft² facility to expand the ...
Tags: Fisher Group, CNC routing
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Tyson Foods to Invest $84m in Tennessee Poultry Plant Expansion
Aug 18, 2017American food giant Tyson Foods will invest $84m to expand its poultry plant in Tennessee, a move that will double its output capabilities and create over 300 jobs. The expansion project in Union City in Obion County which will begin this ...
Tags: Tyson Foods, chicken
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Cascades Opens New Tissue Converting Facility in Oregon, US
Jul 24, 2017Packaging and tissue products manufacturer Cascades has opened its new $64m tissue converting plant in Scappoose, Oregon, US. The 284,000ft² facility has converting lines, high speed rewinders and folders, and bath lines.. It ...
Tags: Packaging, tissue products
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Florida's Palatka Mill Selects for Georgia-Pacific $400m Investment to Grow Tissue and Towel Business
Jun 28, 2017Georgia-Pacific has announced that its Palatka, Florida, mill has been selected as the location for the company's previously announced investment of more than $400m in its GP Consumer (retail) tissue and towel business. The investment ...
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Continental, Baidu Partner to Work on Automated Driving and Connected Vehicles
Jun 6, 2017Technology firm Continental has partnered with Chinese search-engine giant Baidu to work in the areas of automated driving, connected vehicles and intelligent mobility services. The two companies have signed a strategic cooperation ...
Tags: Connected Vehicles, Continental
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Coca-Cola Acquires AdeS Beverage Business
Mar 31, 2017Coca-Cola and several of its bottlers in Latin America have acquired the AdeS soy-based beverage business from Unilever. The transaction was first announced on 1 June 2016. Founded in 1988 in Argentina, AdeS was the first major ...
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Volvo Showcases New XC60 SUV at Geneva Motor Show
Mar 14, 2017Volvo Cars has unveiled the new XC60 premium SUV at the Geneva Motor Show. The new car is replacement of the company's original XC60, the mid-sized SUV, which sold nearly a million units globally. The new SUV features a City Safety ...
Tags: Geneva Motor Show, XC60 SUV
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Cascades Sonoco Plans $16m Investment at Birmingham Facility in US
Mar 1, 2017Cascades Sonoco, a joint venture of recycled fibre packaging company Cascades and Sonoco, is planning to invest approximately $16m at its facility in Birmingham, Alabama, US to support development of new product line. The investment at ...
Tags: Cascades, fibre packaging
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Parrish and Heimbecker Secures $10m From Canada for New Milling Plant
Nov 17, 2016Parrish and Heimbecker has secured a funding of $10m from the Canadian government to build a new wheat flour milling plant at Hamilton. The Canadian grain company’s new plant is expected to increase production capacity of wheat ...
Tags: Milling Plant, Parrish, Heimbecker
