Africa-China Relations The State of relations between the Chinese nation and the continent of Africa is steadily growing. The 21st-century has seen a significant paradigm shift of the world's largest trading nations. China is by far the ...
Tags: Wholesale
The infrared (IR) LED market will exceed $1bn by 2024, as shipments rise from over $400m in 2017 then at a compound annual growth rate (CAGR) of over 15% between 2018 and 2024, forecasts a report by Global Market Insights Inc that covers ...
Tags: LED market, IR LED
Daimler has inaugurated Lab1886 in Atlanta, Georgia, a new location for the company's innovation hub. Guests at the event included Nathan Deal, Governor of Georgia, as well as Silicon Valley icon and investor Guy Kawasaki. Lab1886 ...
Tags: Daimler, Mercedes-Benz
ABeam Consulting Thailand has established a mission-critical system for Thai manufacturing company Bangkok Glass. This system became fully operational at its 9 companies in Thailand, in March 2018. It will be implemented gradually across ...
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Automotive parts supplier Magna International formed a joint venture (JV) in China to make composite liftgates for a global automaker’s crossover vehicle commencing in late 2018. The JV with Guangzhou Automobile Group (GAC) ...
Tags: Magna, Chinese Automaker
The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands. The business, known as Hain Pure Protein, comprises the company’s organic poultry ...
Tags: organic products, natural products
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
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 ...
Plastico has partnered with Closed Loop Environmental Solutions to introduce the first Closed Loop compliant plastic cup in the UK. Slated to be launched in January 2018, each purchase of the cup will comprise of a contribution from the ...
Tags: Plastico, Disposable Cup
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 ...
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The Ontario Government is helping pork processor Conestoga Meat Packers to expand local production and bring 170 new jobs to Waterloo Region. The government is investing up to C$5.3m ($4.35m) as part of its C$2.7bn ($2.2bn) Jobs and ...
Tags: pork processor, Meat
Packaging solutions provider Coveris has invested in two Hosokawa Alpine coextrusion lines to expand its business in food and consumer sectors across the UK. Coveris signed an agreement with KPMG, the administrators of Gelpack Excelsior, ...
US-based Hormel Foods has entered into South America with the acquisition of Brazilian meat company Cidade do Sol for about $104m. Cidade do Sol offers over 70 products in 15 categories that include meats like mortadella, sausage and ...
Tags: Cidade do Sol, sausage
Based in Everett, the Funko HQ store boasts all maner of licensed goods from plush toys and collectables to handbags and backpacks. Funko has opened the doors to its first retail store, located in Wetmore Avenue in Everett, US. The ...