German luxury automaker BMW will be investing EUR400m to expand its its FIZ research and innovation centre in Munich. The “FIZ Future” masterplan, which was developed as part of an urban development competition, will expand ...
Tags: BMW, luxury automaker
Swedish packaging firm Tetra Pak has introduced new ice cream extrusion line for medium-capacity producers. The new ice cream extrusion line employs an independently controlled horizontal cutter to slice the ice cream as it exits from the ...
The UK Government is investing £35m in an expanded automotive business zone in Whitley, near Coventry. The move is expectd to create about 3,000 engineering and advanced manufacturing jobs. The investment will also improve ...
With a history of more than half a century, fastener production is today one of Taiwan's most globally competitive industries in the southern region. This achievement is attributable to insiders' efforts on moving forwards high value-added ...
Tags: fastener industry, Taiwan
Altair has collaborated Ferrari to design and engineer the company’s ‘Next Generation’ vehicle platform which will be the basis of several new flagship vehicle derivatives. The announcement signifies the strong and ...
Tags: Altair Partners, Ferrari, Vehicle Platform
Ever more Taiwanese hand tool makers have ventured into the development of digital tools to secure sustainable growth, thanks to the nudging by ITRI.Development of digital tools has been regarded as one of Taiwan's hand tool industry's ...
The Ontario government is providing up to $85.8m ($66.5m) in funding to Fiat Chrysler Automobiles Canada (FCA Canada) for an expansion of the automaker's minivan assembly plant in Windsor. The funding will support improved research at the ...
Mercedes-Benz introduces its V-Class multi-purpose vehicle (MPV) in China, which has been tailored to the needs of Chinese customers. Production at Daimler's local joint venture Fujian Benz Automotive Co. Ltd (FBAC) in Fuzhou has already ...
Tags: Mercedes-Benz, V-Class Vans, MVP
New Zealand-based dairy company Fonterra has launched infant nutrition brand Anmun, in the home country. The brand is currently available in Asia. The company's pediatric nutrition experts have developed the Anmun formula range at ...
Swiss food company Nestle is planning to invest over €25m for expansion of its research and development center in Askeaton, Ireland. The expanded facility will be located at Nestle's current plant in Askeaton. The facility ...
Tags: Nestle, Investment, Expansion, R&D
Japanese flavours developer Takasago International Corporation has acquired US-based Centre Ingredient Technology (CIT) to expand its natural materials portfolio. The financial terms of the deal have not been disclosed. CIT is a ...
Tags: Takasago, biotechnology
Publicly-listed organic infant food producer Bellamy’s has entered into a multi-million dollar agreement with dairy producer Fonterra. The strategic agreement has been made for five years and Fonterra Oceania Managing Director ...
Tags: cheese, whey, nutritionals
New Zealand-based dairy company Fonterra has entered into a five-year strategic alliance with Bellamy’s to produce a new range of infant formula powders in Australia. Bellamy's Australia will supply organic ingredients to Fonterra ...
Tags: Fonterra, Bellamy, infant formula
Vietnam’s textile and garment sector continues to be a magnet for FDI. While FDI in Vietnam has fallen significantly in the first six months of 2015, it rose sharply in the textile and garment sector, according to the country’s ...
Tags: textile industry, FDI, garment
Industrial, consumer and protective packaging provider Sonoco will be investing $11.8m in building a research and development facility for consumer packaging products in Hartsville. The company has already commenced the construction of ...