BMW Group has become the first international auto maker to secure an autonomous driving road test license in China. The Intelligent Connected Vehicle Road Test Promotion Team - consisting of Shanghai Municipal Commission of Economy and ...
Tags: BMW, Autonomous Driving
Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...
Tags: Food processing
Bemis Company has reported financial results for its first quarter ended 31 March, 2017. Initiatives to Improve U.S. Packaging Operations and Profitability As part of the Company’s efforts to improve the profitability of its U.S. ...
Tags: Packaging, Bemis Company
German luxury car-maker BMW plans to launch 40 new or revised models under its brands BMW, Mini and Rolls Royce by 2018 as it looks to compete against its rival Mercedes. The company will focus on top end and premium segments in its ...
Tags: BMW, luxury car
Renault-Nissan Alliance and Transdev have signed a research contract to jointly explore development of mobility services with fleets of electric driverless vehicles for public and on-demand transportation. The companies will collaborate ...
Tags: Self-Driving Vehicles, Renault
Campbell Soup Company has appointed Ed Carolan as president for Campbell Fresh (C-Fresh). Carolan, 47, will lead the division that includes Bolthouse Farms beverages, salad dressings and carrots, Garden Fresh Gourmet salsa, hummus and ...
Axon, powered by Pro Mach, demonstrates at Expo Pack 2016, May 17-20 in Mexico City, shrink sleeve labeling technology that enables more productive and sustainable packaging operations. Axon displays the company's most technically ...
Tags: Axon, Shrink Sleeve Labeling
A 40-hectare food manufacturing hub that will bring packaging, distribution and transport to a single location will be opened in South Australia. The South Australian Government will spend $7 million to attract anchor tenants to the ...
Tags: food industries, wine industries
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
NTT DATA recently announced a multi-year deal with Daimler for global ERP support services. The agreement will see NTT DATA, one of the leading global IT services providers, work closely with the Shared Services Centres of Daimler, in ...
Tags: operations, basis, development services, Auto
Genesco Inc. announced that James S. Gulmi, senior vice president and chief financial officer, has made the decision to retire from the role of chief financial officer at the end of its current fiscal year. Gulmi, who has served as ...
Tags: Succession Plans
US based, Huntsman Corp, a global producer of specialist chemicals said it is investing RM 275 million in upgrading its titanium dioxide (TiO2) manufacturing facilities in Terengganu, Malaysia. "This investment includes introducing new ...
Tags: titanium dioxide, energy-efficient technology, zero-waste, Textile
Aussie apparel and footwear marketer, Pacific Brands said it has entered into three unconditional agreements to sell its Brand Collective business in the footwear, apparel and sport categories. “Gross proceeds from the transactions ...
Tags: Aussie apparel, footwear marketer, Apparel
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
Australia-based Pacific Brands today said that it has entered into an agreement to sell its Workwear business to fellow Aussie company - Wesfarmers Industrial and Safety (WIS), a division of Wesfarmers Limited. The sale has been done at ...
Tags: Pacific Brands, Workwear Business, Apparel