OFD Foods, a supplier of freeze-dried food for the US Military, has started construction on a $25m, nearly 50,000ft2 facility in the Town of Henrietta, Monroe County in New York State. The facility, which will be operating by the end of ...
Tags: OFD Foods, dried food
Plastic packaging solutions provider Graham Packaging is planning to invest $6.7m to expand its plastics manufacturing operation in Campbell County, Virginia, US. The new investment is expected to create eight new jobs while training 37 ...
Tags: Graham Packaging, Packaging
Infineon Technologies AG of Munich, Germany has signed a definitive agreement for the newly founded private company Neptune 6 Ltd to acquire its subsidiary manufacturing site IR Newport Ltd in Newport, Wales, UK. The deal is expected to ...
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
Linesoon supplies a wide spectrum of automatic transmission parts and components. Founded in 1981 in Tainan City, southern Taiwan, Linesoon Industrial Co., Ltd. is a specialized developer and manufacturer of automatic transmission parts ...
McCain Foods (Canada) announced a major investment in its Florenceville-Bristol French fry plant that will expand capability and create 40 to 50 new jobs. The company is adding a new production line to meet growing demands for hash brown ...
Tags: McCain Foods, potato products, hash browns
The Ontario government is providing up to $85.8m ($66.5m) in funding to Fiat Chrysler Automobiles Canada (FCA Canada) for an expansion of the automaker's minivan assembly plant in Windsor. The funding will support improved research at the ...
Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
Central Chairman Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A. Khokhar has underscored the need of formulating sector wise trade policies to boost the country's exports. He appreciated the new trade ...
Rigid plastic container manufacturer Plastipak Packaging, an arm of Plastipak Holdings, will pump in $9m for raising output capacity at its manufacturing unit in Pineville, Louisiana, in the US. The company, which makes rigid plastic ...
PPG Industries has announced plans to expand its investments in global communities where the company operates with the launch of a $10 million initiative called "Colorful Communities." The program, which will focus on renewal projects ...
Tags: Architectural Coatings, PPG
General Motors (GM) is pumping in $1.2bn to revamp its pickup truck plant at Fort Wayne, Indiana, with the work on its upgrade expected to commence in June. The modification of the plant involves putting in place new pre-treat, ...
Tags: General Motors, pickup truck
German sports car major Porsche Cars North America (PCNA) has opened $100m experience center and headquarters in Atlanta, Georgia, with a view to expand its footprint across the US. In what has been billed as the highest investment ...
Tags: Porsche, sports car
Goodyear Tire & Rubber has confirmed plans to construct a new tire factory in San Luis Potosi, Mexico with an investment of up to $550m. The project is part of the company's strategy to serve demand for high-value-added (HVA) consumer ...
Tags: Goodyear Tire, Rubber, Tire Factory
Snack food maker Pure Foods is planning to build a new manufacturing facility in the city of Kingsport, Tennessee, a move that could create 273 new jobs. The proposed 88, 000ft2 facility will see an investment of around $22m and will ...
Tags: Pure Foods, snack, BRC