French automaker Groupe PSA will build Peugeot and Opel vehicles in Walvis Bay, Namibia, in 2018. Groupe PSA and Namibia Development Corporation (NDC) have signed a joint-venture agreement to start the assembly plant. The vehicle ...
Tags: Groupe PSA, Opel vehicles
Food distribution giant US Foods will implement a real-time load tracking platform from FourKites for advanced logistics operations. The refrigerated food supply chain company evaluated various players before opting for Chicago based ...
Pulp and paper manufacturer Stora Enso is investing €6.6m in the corrugated packaging business in Sweden in a bid to increase competitiveness. The investment is also part of the company’s efforts to improve printing quality and ...
Food company Cerealto has acquired Mondelez International’s biscuit factory in Mem Martins, Portugal, including machinery and production lines. Mondelez has apprised the plant's Workers Representatives regarding the sale, ...
Tags: Cerealto, Aquisition, Mondelez, Biscuit Factory
Responsible for Motorstorm, WRC and Driveclub, Evolution Studios is no more, Sony has confirmed. Evolution’s latest title, Driveclub, had a troubled development cycle, and now the studio is being closed for good. Sony announced ...
Tags: Sony, Evolution studios
Denmark-based dairy company Arla Foods is planning to close fresh milk processing production facility at Hatfield Peverel dairy in Essex in the UK, by the end of July this year, which is likely to result in 200-plus redundancies. ...
British Polythene Industries has indicated in the Interim Statement that volumes were slightly ahead of the previous year, and that we were seeing polymer price reductions. These reductions coincided with lower demand from certain ...
Pump manufacturer Concentric AB will lay off 34 staff as part of its plan to restructure its new manufacturing unit in Chivilcoy, Argentina, in the wake of drooping demand in commercial vehicle market in South America. The entire one-off ...
Tags: Pump, commercial vehicle
Sports car manufacturer Porsche, an arm of German automotive giant Volkswagen, will pump in more than Eur1.1bn for modernizing its manufacturing units for launching more car variants by 2020. The initiative comes under an agreement, ...
Tags: automobile manufacture, Porsche, Volkswagen, Sports car
The company has been providing around €3m of packaging to the Irish market, serviced from the company’s three UK manufacturing sites. ICS Europaks will be run as a stand alone unit within the Rigid Containers Group, and expands ...
Tags: Irish market, ICS Europaks, Packaging
American food processing company Heinz has announced job cuts at its Kitt Green site in Wigan, UK, as part of a restructuring process. According to the company, almost 71 roles will be axed at its baked beans factory where some of the ...
Tags: Heinz, Production line, Food
Halfords boss Matt Davies will take up role in June, while Tesco plans for 43 store closures and consolidation of head office locations. Retail giant Tesco has seen an improved performance over Christmas, with UK like-for-like sales ...
Tags: Christmas, store management, Toys
The Productivity Commission’s final report into Australia’s automotive manufacturing industry neglects the profound effect the implementation of the government’s budgetary measures will have on the automotive component ...
Tags: Automotive Industry, Budget Victim, Service
UK-based packaging firm DS Smith is set to invest in new machinery at its facility in Louth, East Lindsey district of Lincolnshire, England. Around 14 jobs are expected to be affected with the new investment, according to the company. ...
Bread and snack food manufacturer Goodman Fielder has announced it expects its earnings before interest and tax (EBIT) in the 2014 financial year to be approximately 10 to 15 per cent lower than the previously expected $180 million. The ...
Tags: Agriculture, Food