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Taiwan's Machinery Industry to See Stable Growth in Coming Years

Apr 1, 2019

Taiwan's Machinery Industry to See Stable Growth in Coming YearsTaiwan's Ministry of Economic Affairs (MOEA) reported that last year the overall investments by the domestic machinery industry in the development of smart machine equipment, ...

Tags: Machinery Industry, MOEA, smart machine equipment

Pregis to Buy Free-Flow Packaging International

Jun 21, 2018

Protective packaging materials manufacturer Pregis has agreed to acquire Free-Flow Packaging International (FP International) for an undisclosed sum. Pregis expects to take ownership in the coming weeks pending regulatory approval. FP ...

Tags: Pregis, Packaging

ProMach Opens New Southern California Facility in US

Jun 11, 2018

Packaging machinery solutions provider ProMach has expanded its Western US capabilities with new Southern California facility in Corona, California. The facility will serve as the company’s new home for upgraded and extended ...

Tags: Packaging machinery

SF Motors Introduces Two New Electric Vehicles

Apr 8, 2018

SF Motors has introduced two new electric vehicles (EVs), the SF5 and SF7, with the first vehicle available for pre-order by the end of this year, and hitting the road in 2019. Apart from the EVs, the company also introduced its global ...

Tags: SF Motors, Electric Vehicles

FCS's New Chairman Sheds Lights on His Plan to Retain Firm's Lead in Taiwan's Plastic Injection Molding Machine Industry

Mar 19, 2018

Wang Jun-xian, the new chairman of Fu Chun Shin Machinery Manufacture Co., Ltd. (FCS), the largest plastic injection molding machine maker by output in Taiwan, has shown an ambition to further boost the company's business deployments ...

Tags: Lights, Injection Molding Machine

Market Value of Smart Manufacturing Will Reach US$250 B. This Year

Mar 8, 2018

Mainly on the popularization of mobile Internet around the world as well as slumping prices of internet components, application of data analysis is rising to become the key element in the development of the smart manufacturing industry, ...

Tags: Smart Manufacturing

SF Motors Starts Test Driving Autonomous Technology on Silicon Valley Streets

Mar 8, 2018

SF Motors has started test driving autonomous technology on the streets of Silicon Valley after securing a permit from California's Department of Motor Vehicles to test autonomous vehicle technology on public roads. With two manufacturing ...

Tags: SF Motors, Silicon Valley Streets

DS Smith Opens New Automotive Specialty Packaging Facility in Poland

Dec 25, 2017

European packaging firm DS Smith has opened a new specialty packaging plant in Kielce, Poland. The new 5,000m² facility has been developed to produce advanced corrugated cardboard packaging for the automotive industry. DS ...

Tags: DS Smith, Specialty Packaging

Ferrero to Acquire US Confectioner Ferrara Candy

Oct 23, 2017

The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...

Tags: Ferrero, chocolate

Lamb Weston Completes $200m Expansion at Richland Potato Processing Plant

Oct 19, 2017

Lamb Weston has completed a $200m expansion project at an existing potato facility in Richland, Washington (WA) to increase its processing capacity for manufacturing frozen French fries. The Richland facility, which was built in 1972, was ...

Tags: Lamb Weston, Potato Processing Plant

Volvo to Build Next-Gen XC90 in South Carolina in 2021

Sep 27, 2017

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 ...

Tags: Volvo, Volvo Cars

Pro Mach to Exhibit Stretch Wrapping Solutions at Pack Expo Las Vegas

Sep 7, 2017

Pro Mach’s subsidiary Orion will showcase a range of stretch wrapping solutions at the Pack Expo event in Las Vegas, US. The event will take place between 25 and 27 September. At the event, the company will showcase new AG360 ...

Tags: Pro Mach, Pack Expo

Levine Leichtman Capital Partners to Acquire FlexXray

Aug 31, 2017

Private equity firm Levine Leichtman Capital Partners (LLCP) has collaborated with management to purchase FlexXray, a provider of x-ray inspection services focused exclusively on food safety. FlexXray assists Fortune 100 food ...

Tags: FlexXray, food safety

Nissan Agrees to Sell Electric Battery Business to GSR Capital

Aug 10, 2017

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

Renault to Boost Presence in Iran with New JV

Aug 9, 2017

French automaker Renault has agreed to boost its presence in Iran and step up the brand's growth. The company signed a joint venture (JV) agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN ...

Tags: Renault, Renault products

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