United Caps, a Luxembourg-based high performance cap and closure systems manufacturer, is set to acquire the plastic closures division of Closures4you. The acquired assets include 28mm caps for re-usable glass bottles as well as for ...
Tags: United Caps, Plastic
US-based Outlook Group has purchased a new 17-inch, 8-color EF press with automated print pressure settings from printing and converting machines firm MPS Systems to boost its operations. Outlook Group is engaged in printing pressure ...
Tags: EF machine, Outlook Group
Israel-based ingredients company Frutarom has acquired 50% stake in Algalo Industries to fortify its position in algae-based products segment. Frutarom has invested NIS10m ($2.6m) to acquire the stake. As part of its growth strategy, ...
Tags: Frutarom, algae-based products
Panasonic Corporation has acquired Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems. Panasonic has signed an agreement with Hussmann Parent Inc., the Delaware-based parent of Hussmann, and ...
Spencer Coatings Limited, the East Midlands-based industrial coatings manufacturer, has announced the acquisition of West Bromwich-based Protega Paints in a multi-million pound deal. The company enjoys a rich heritage in the industrial ...
As part of its growth strategy to reach a broader set of customers, Global Power Technologies Group (GPTG) has announced an exclusive global distribution agreement with US-based Digi-Key Electronics, a provider of both prototype/design and ...
Tags: SiC Products, Electronics
As part of its growth strategy, Sika is further expanding its presence in the Asia Pacific region by founding a subsidiary company in Myanmar and opening a new production plant in Sri Lanka. This will help the company to further utilize ...
Tags: Sika, new production plant, Construction
Corrugated packaging solution providers inspirepac will open a new 100,000 ft2 factory at Markham Vale, North Derbyshire as a part of its growth strategy. A part of the Logson Group, inspirepac will invest about £6m in a high ...
Tags: high quality post print, latest print technology, Agriculture
Evonik has invested in its German operations with new large-scale industrial plants, capacity expansions, and new research centers. The company plans to invest some two billion Euros of the extensive investment program it has developed as ...
Tags: Chemicals, Construction, Decoration
TOKYO — The Ministry of Economy, Trade and Industry is asking for 5 billion yen ($47.6 million) in the fiscal 2015 budget to create an environment more encouraging to entrepreneurs. Japan aims to double the annual business startup ...
Tags: Steps, Japan, Electrical
Novelis, a subsidiary of Hindalco Industries, has commissioned a new aluminum slitting and packing line at its joint-venture facility Aluminium Norf (Alunorf) located in Neuss, Germany. The line, which involved an investment of around ...
Tags: Aluminum Slitting, Packing Line
Israel-based flavor and fragrance company Frutarom has acquired Aroma, a Guatemala-based flavor company for a net consideration of $12.5m, as part of its growth strategy with a focus on developing markets. Aroma manufactures and ...
Tags: Frutarom, flavor company
General Insurance Corporation (GIC Re), the Indian government owned sole reinsurer, is seriously considering expanding reinsurance business beyond domestic boundary through the acquisition of some Lloyd’s syndicates. Speaking at a ...
Tags: GIC Re Eyes, Service, Syndicates
New production plant for special TROSIFOL automotive glazing films to be ready for operation at the end of 2013 At its Troisdorf location, Kuraray Europe GmbH is investing some EUR 20 million in a new production line for TROSIFOL films ...
Tags: Kuraray, T-Park, New Construction Project
The Zumtobel Group (also known as Zumtobel AG)(WBAG: ZAG) headquartered in Dornbirn, Austria is a leading European manufacturer of professional indoor and outdoor lighting, lighting management systems and lighting components as well as LED ...
Tags: Zumtobel Group, Lighting Brands, led light