Ford has outlined the next phase of its China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. Executive Chairman Bill Ford and CEO Jim ...
Toyo Printing Inks, a Turkey-based inks and coatings manufacturer and a unit of Toyo Ink, is expanding its operations in the country with an investment of $26.7m. As part of this effort, the company purchased a 62,000m² plot of land ...
Tags: Toyo Printing, inks, coatings
United Caps stated that it will open a new manufacturing facility in Malaysia. The Luxembourg-based company plans to build a state-of-the-art manufacturing facility to meet increasing customer demand in the region for its caps and ...
Tags: United Caps, drinks industry
Rigid plastic container manufacturer Plastipak Packaging, a subsidiary of Plastipak Holdings, is planning to invest $10.4m to add two manufacturing lines to its Birmingham area facility in Jefferson County, Alabama, US. Plastipak ...
Tags: Plastipak Packaging, new expansion, beverage bottles production
German pump manufacturer Wilo SE is to build a local facility in Dubai’s Jebel Ali Free Zone (JAFZA) South, in the United Arab Emirates. The investment includes offices, a training centre, warehouses and an assembly plant, to be ...
A list of fruit that is permitted to be imported into China, organised by country, could be a source of valuable information for smart Australian fruit-growers and exporters. The updated list was released last week by the Chinese General ...
Tags: Fruit Exports, Fruit
The Texas Association of Business filed a lawsuit against the Texas Alcoholic Beverage Commission (TABC) in federal court to force the TABC to apply the Texas Alcoholic Beverage Code in a fair, consistent and legal manner. Citing recent ...
American Packaging (APC), a flexible packaging converter in North America, is investing $50m in the first phase of a new satellite facility. Scheduled to be completed in 2017, Phase 1 of the gravure satellite project includes: 26.3 acres ...
Tags: APC, satellite facility, new jobs
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
UK-based chocolate manufacturer Hotel Chocolat Group is planning a floatation to raise funds for its expansion plan. The founders of the business Angus Thirlwell and Peter Harris are planning to raise £50m through placement in ...
Tags: Hotel Chocolat, Business expansion
UK-based drinks company Diageo has completed the sale of Jamaican lager Red Stripe to Heineken for $780.5m. The deal, which was announced in October, entails Diageo offloading its brewing companies in Jamaica, Malaysia and Singapore, to ...
Tags: Diageo, Jamaican lager Red Stripe, Food
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
To capitalize on the growing interest in cadmium-free quantum dot (CFQD) technology within the lighting industry, Nanoco Group announced the formation of a new division dedicated to furthering CFQD® Quantum Dot technology in the ...
Tags: Nanoco, LED lighting, Quantum Dot
In the business venue of Wanluda Transportation Company, two lines of GAC Hino trucks immediately catch visitor’s attention. According to Zhao Hongqing, president of Wanluda Transportation Company, “our business has witness ...
Two of the best known Taiwanese personal computer (PC) vendors, Acer Inc. and Asustek Computer Inc. (Asus), are aggressively targeting the mobile-device market, especially the smartphone segment, by launching several new cellphone models in ...
Tags: PC Vendors, Smartphone