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Audi Challks out Business Growth Plan for China
Nov 15, 2016Audi has developed a growth plan for its joint business with First Automobile Works (FAW) Group for the coming 10 years with eyes on sustainable growth in the brand's largest global market. The partners will intensify their cooperation in ...
Tags: Audi, FAW-Volkswagen, SUV
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Innovative Bites Acquires UK-Based Sweet Manufacturer Bonds of London
Apr 19, 2016US-based food wholesaler Innovative Bites has acquired UK-based sweet maker Bonds of London for an undisclosed amount. The acquisition is part of Innovative Bites' long-term growth strategy to become a major confectionery supplier in ...
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Feldmuehle Uetersen to Present Products at Fachpack 2015
Oct 9, 2015Feldmuehle Uetersen, a paper mill located northwest of Hamburg, will present products from its Board Solutions, Liner Options, Labelling Applications and Flexible Packaging segments at the FachPack 2015 trade fair. Since July 2015, ...
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Cardia Bioplastics Expands Its Patent Portfolio with 19 Granted Patents
Dec 16, 2014Cardia Bioplastics has expanded its patent portfolio with 19 granted patents apart from 42 more pending registrations for its bioplastics technology. The company has also secured seven new Cardia Compostable, Biohybrid and PPC-starch ...
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Cooper Tire Is Looking to Move Its Production out of China
Dec 10, 2014US based Cooper Tire is looking to move its production out of China following the sale of stake in a joint venture with Chengshan Group. Previously the dispute at the joint venture, Cooper Chengshan Tire Company in eastern Shandong, China ...
Tags: joint venture, Cooper Tire, Auto
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Lifeway Foods Announces Consolidated Net Sales Increased $6.3 Million to $30.1 Million
Nov 18, 2014Lifeway Foods, a supplier of cultured dairy products known as kefir and organic kefir, today announced results for the third quarter ended September 30, 2014. "Our strong double digit net sales growth in the third quarter demonstrates the ...
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Liqui-Box Celebrates The Grand Opening of Their New Facility in Taizhou China
Nov 12, 2014Liqui-Box, a world leader in flexible liquid packaging solutions celebrated the grand opening of their new facility in Taizhou, China with a public opening ceremony. The ceremony marks the grand opening of the Liqui-Box site that will ...
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Cooper Posted Net Income of $47.7 Million on Net Sales of $920.1 Million in Q314
Nov 11, 2014Cooper Tire & Rubber Co. posted net income of $47.7 million on net sales of $920.1 million for the third quarter ended Sept. 30, 2014. That compares to a net loss of $168 million on sales of 832.4 million for the same period last year. ...
Tags: Cooper Tire, Auto Tire
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Cooper Reported Net Sales of $796m for Its First Quarter of 2014, a Decrease of $65m
May 5, 2014Cooper Tire & Rubber Co. reported net sales of $796 million for its first quarter of 2014, a decrease of $65 million compared with the same period a year ago. Operating profit for the quarter was $81 million, which is $16 million lower than ...
Tags: auto, tire, tyre, Auto Parts
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R.G. Barry Corporation Reported Net Earnings of $6.1 Million
Feb 14, 2014R.G. Barry Corporation reported net earnings of $6.1 million, or 53 cents per diluted share, in its second quarter ended Dec. 28, up versus $5.3 million, or 46 cents per share, in the second quarter of fiscal 2013. Revenues reached $48.0 ...
Tags: R.G.Barry
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Axiall Corporation and Lotte Chemical Announced That They Have Signed a Heads of Agreement
Feb 12, 2014Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...
Tags: Ethane Cracker, Textile
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Bakkavor Sold Its Spring Valley Foods Business in South Africa to In2food Group
Jan 17, 2014Bakkavor, a UK-based chilled prepared foods manufacturer, has sold its Spring Valley Foods business in South Africa to In2food Group for an undisclosed sum. Established in 1995, Spring Valley Foods supplies fresh prepared fruit to Marks ...
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Luthai Textile Is Opening an Office in New York, Ny as The Company Strengthens Its Busines
Jan 8, 2014Luthai Textile CO., LTD., the largest high grade dyed fabric producer and shirt manufacturer in the world, is opening an office in New York, NY as the company strengthens its existing relations and grows its global business. Luthai has ...
Tags: Luthai Textile, US Business
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Continental Mills Has Purchased a Dry Mix Manufacturing Facility for an Undisclosed Sum
Jan 3, 2014Continental Mills, a US-based food manufacturer, has purchased a dry mix manufacturing facility in Effingham, Illinois, from Harlan Bakeries, for an undisclosed sum. Built by Krispy Kreme in 2001, the 190,000ft2 was sold to Harlan ...
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New Manufacturing Plant Will Be Constructed by BMW in Brazil
Dec 19, 2013German carmaker BMW Group has started construction of a new manufacturing plant in Araquari, Brazil. This move by the automotive giant is aimed at achieving balanced growth in several markets. With this new plant, the group is further ...
Tags: BMW Group, Manufacturing Plant