Chinese search engine giant Baidu has created a new CNY10bn ($1.5bn) Apollo Fund to invest in more than 100 new and emerging autonomous driving projects in the next three years. The company has also released Apollo 1.5, its latest ...
Tags: Autonomous Driving, Apollo
German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
The European Automobile Manufacturers’ Association (ACEA) has proposed a 20% CO2 reduction for passenger cars by 2030, compared to 2021, and said the target should be conditional on the real market uptake of electrically-chargeable ...
Tags: ACEA, Passenger Cars
Volkswagen has unveiled a plan to roll out 80 new electric vehicles, including about 50 purely battery-powered vehicles and 30 plug-in hybrids, by 2025. The company launched what it claims to be the most comprehensive electrification ...
Tags: Volkswagen, electric vehicles
Tyson Foods has unveiled plans to construct a $320m poultry complex in eastern Kansas. A processing facility, hatchery and feed mill will be built near the city of Tonganoxie, in Leavenworth County, Production is anticipated to begin ...
Tags: Tyson Foods, fresh chicken
Asahi Photoproducts, a subsidiary of the Asahi Kasei, has added three new team members to its European team. Stephan Doppelhammer, André Jochheim and Dennis Hubbeling each add their deep understanding of flexographic printing for ...
Tags: Asahi Photoproducts, Packaging
Redpath Sugar will invest C$5.2m ($4.17m) in the expansion of its dry blending and packaging plant in Belleville, Ontario to add new pouch packaging capabilities. The Canada-based cane sugar refiner will install two new customized ...
Tags: Redpath Sugar, packaging
Fiat Chrysler Automobiles (FCA) has denied reports that it received a formal bid from the Chinese automaker Great Wall Motors (GWM) with respect to sale of its Jeep brand. FCA said that it will stick to its 2014-18 growth plan and has ...
Tags: Great Wall Motors, Chrysler
American food giant Tyson Foods will invest $84m to expand its poultry plant in Tennessee, a move that will double its output capabilities and create over 300 jobs. The expansion project in Union City in Obion County which will begin this ...
Tags: Tyson Foods, chicken
US-based packaging and bottling line systems manufacturer Krones is investing in a new training and technology center in southeastern Wisconsin, US. The 40,000ft² facility, which will serve the company’s customers and ...
Tags: Krones, packaging, bottling line systems
Taliera is actively building its portfolio of iconic beverage brands after successfully rolling-out Beach Whiskey and relaunching American Harvest Organic Vodka nationally. J. Smoke Wallin originally formed Taliera in 2005 to create, ...
Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
US-based Nadco Tapes & Labels has invested in Mark Andy’s Digital One label press to minimize its downtime. Digital One is a small foot print dry-toner digital label press with high capacity. Digital One, the entry-level unit, is ...
Tags: Nadco Tapes, label press
Midland Regional Printers will install Easymatrix to increase its die-cutting capacity at its Nottingham facility in the UK. The die-cutter is a 7,700 sph machine which can handle stocks of 90 to 2,000gsm (and corrugated up to 4mm ...
Packaging materials developer Tekni-Plex is expanding its Tekni-Films operations in Italy via an acquisition. The company acquired the self-adhesive tape substrate operations of Alfatherm SpA of Venegono Superiore (VA), Italy. The ...
Tags: Tekni-Plex, Adhesive Tape