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Barry Callebaut Completes Acquisition of Mondelez Facility in Belgium
Jan 5, 2017Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
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BMW Q2 Profit Increases on Record Sales
Aug 4, 2016BMW has reported a 11% increase in its profits for the second quarter of this year due to strong sales of its three car brands. The net profit for the period between April and June end was €1.94bn, compared to €1.74bn for the ...
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Gap Has Been Honoured for The Ninth Consecutive Year by The Ethisphere Institute
Mar 12, 2015US apparel marketer Gap Inc said it has been honoured for the ninth consecutive year by the Ethisphere Institute in recognition of fostering a culture of ethics and transparency at every level of the company. According to a Gap press ...
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Rieter Is Exhibiting at Texfair Trade Show Being Held in Coimbatore
Jan 9, 2015Spinning technology leader, Rieter is exhibiting at Texfair trade show being held in Coimbatore from January 9-11, 2015 at booth A32 and 33. Rieter will showcase its technology components and conversions for all four spinning systems, ...
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Standard Textile Expanding Its Existing Union County Facility
Jan 5, 2015Standard Textile, a vertically integrated company in the institutional textile and apparel markets is expanding its Union County, South Carolina manufacturing facility. Standard Textile is expanding its existing Union County facility by ...
Tags: healthcare, hospitality, interior products, Textile
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Rieter Holding Ltd Said It Is Issuing a Fixed Rate Bond Amounting to CHF 100 Million
Sep 3, 2014Switzerland based global manufacturer of textile spinning machinery - Rieter Holding Ltd said it is issuing a fixed rate bond amounting to CHF 100 million. Rieter said the bond is due on September 29, 2020, will pay an annual coupon of ...
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Kronos Incorporated Recently Surpassed $1 Billion in Annual Revenue
Aug 13, 2014Kronos Incorporated, which recently surpassed $1 billion in annual revenue, announced financial results, company advancements, and customer successes for the third quarter of Fiscal 2014. Product bookings continued to accelerate, with ...
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Hewlett-Packard Is Launching Two New Supercomputers
Jun 10, 2014Hewlett-Packard Co. is launching two new supercomputers called Apollo, doubling down on tech hardware as the company looks to take more market share from rival IBM Corp. in the high-end supercomputer realm. The first machine, Apollo 6000, ...
Tags: HP, Electrical, Electronics
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Sony Is Borrowing Innovations From Its Audio and Camcorder Businesses and Incorporating
Feb 27, 2014(AP)—Sony is borrowing innovations from its audio and camcorder businesses and incorporating its new Xperia Z2 smartphone with noise-cancelling technology and ultra-high-definition video recording. Noise cancellation works with an ...
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Hospital Equipment Maker Hill-Rom Plans on Cutting Approximately 350 Workers
Feb 11, 2014Hospital equipment maker Hill-Rom(Batesville,IN)plans on cutting approximately 350 workers,or 5%of its global workforce,to save roughly$30 million annually.The restructuring efforts include a downsizing of the firm's European manufacturing ...
Tags: Medtech, Hill-Rom, restructuring
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EVO Pulse Generator Facilitates Improved Measuring Accuracy-Even with Heavy Soiling
Nov 14, 2013The non-contact B92 EVO pulse generator facilitates improved measuring accuracy - even with heavy soiling. The conversion kit is available for RSB-D 30, RSB-D 30c, RSB-D 35, RSB-D 35c, RSB-D 40, RSB-D 40c and now also for RSB-D 22 and RSB-D ...
Tags: heavy soiling, Textile
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Kronos Post Record Fy' 13 Revenues Is Helped by Cloud Platform
Nov 8, 2013Kronos Incorporated announced financial results, company advancements, and customer successes for Fiscal 2013 which closed Sept. 30. Kronos revenues for the fiscal year increased 10 percent to a record $975 million. Earnings before ...
Tags: Kronos, Cloud Platform
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The Kellogg Outlays 4-Year Global Strategy to Amass Savings to Be Invested in Core Areas
Nov 6, 2013The Kellogg Company, a US-based food company, has outlaid a four-year global strategy, Project K, to amass considerable savings to be invested in core business areas of the company. With this project, the cereal maker expects pre-tax ...
Tags: Kellogg, food company
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International Paper Co. Plans to Close an Alabama Mill as The Result of Weakening Demand
Sep 17, 2013International Paper Co. (IP) plans to close an Alabama mill as the result of weakening demand in the U.S. for paper used in products such as forms, envelopes and printers, a move that will affect 1,100 employees. Demand for uncoated ...
Tags: Office Supplies, Paper
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Thomson Reuters Has Rolled out Cloud Software Provider Workday's HCM and Payroll Solution
Sep 11, 2013Global media and information firm Thomson Reuters has rolled out cloud software provider Workday's Human Capital Management (HCM) and Payroll solution to enable staff to speed up their workforce management decision making. Thomson Reuters ...
Tags: Computer Products
