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Ford Returns to Detroit with Global Electric Vehicle Organization
Jun 11, 2018Ford is shifting its electric vehicle and autonomous vehicle business teams into a refurbished former factory situated in Detroit’s historic Corktown neighborhood. Much more than just a relocation, the move is a purpose-driven ...
Tags: Ford, Electric Vehicle
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Mercedes-Benz Extends Battery Production to Thailand
Mar 21, 2018Mercedes-Benz Cars is investing more than €100m in a battery factory in Thailand. With a strategic decision Mercedes-Benz Cars is enhancing the manufacturing footprint in South-East Asia addressing growing demand for electric ...
Tags: Mercedes-Benz Cars, battery
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Inventure Foods to Sell Frozen Foods Division to Oregon Potato
Sep 18, 2017Inventure Foods has agreed to divest its frozen business unit to Oregon Potato Company (OPC) for $50m as part of its ongoing strategic and financial review. Under the terms of the definitive asset purchase agreement, the Arizona-based ...
Tags: Inventure Foods, Frozen Foods
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POET's Q2 Product Revenue up 39% Year-on-Year
Aug 14, 2017For second-quarter 2017, POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical ...
Tags: POET Technologies, sensors
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Lake Image Systems Launches New Website and Brand
Jun 16, 2017Lake Image Systems, a developer of imaging & scanning technologies for printing, labeling & mailing industries, has launched a new website and brand. The refreshed new look mirrors the exciting and engaging direction the company is taking ...
Tags: Lake Image Systems, printing
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Daimler Plans to Establish First Passenger Car Production in Russia
Mar 1, 2017Daimler is planning to open a new facility in Russia for the production of Mercedes-Benz cars. At Esipovo Industrial Park, about 40 kilometers northwest of Moscow, a flexible production of SUVs and the E-Class Sedan will be established. ...
Tags: Daimler Plans, Passenger Car
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Ford Selects Oracle HCM Cloud to Manage Team Experience
Mar 1, 2017Ford Motor has selected Oracle's HCM Cloud Suite to help improve the employee and manager experience. Traditionally, businesses have used multiple platforms to manage their HR needs. Today, the cloud has changed this as companies seek a ...
Tags: Ford, HCM Cloud Suite
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Mondelez Cuts Toblerone Chocolate Bar Weight
Nov 11, 2016Cadbury owner Mondelez International has made changes to the weight and shape of its Toblerone chocolate bar amid rising production costs. Known for its distinctive triangular peaks, the Toblerone chocolate has been partly flattened. The ...
Tags: Toblerone Chocolate, Chocolate Bar
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Hill Interiors Breaks Sales Record
Sep 13, 2016North Yorkshire-based supplier Hill Interiors is celebrating after turning over £1m in August, its strongest performance since it opened in 1975. Marketing manager Paul Nel says: “The last couple of months' success has been ...
Tags: Hill Interiors, Paul Nel, sale record
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Orchids Paper Announces 2016 Second Quarter Results
Aug 3, 2016Orchids Paper Products Company reported results for the second quarter of 2016. Jeff Schoen, President and Chief Executive Officer, stated, "I am encouraged by Orchids year-to-date 2016 performance, as converted product sales have ...
Tags: Orchids Paper, converted product
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People’s Daily: Major Achievements of The Development of China’s Open Economy Since The 12th Five Year Plan Especially Since The 18th Party Congress
Nov 25, 2015The 11thseminar of the series of seminars called the “Brilliant 12th Five Year” was held on October 19 in Beijing. Our Journalist interviewed the reporter, China International Trade Representative and Vice Minister of Commerce ...
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The Minister of Commerce Gao Hucheng and the Trade Minister of the Eurasian Economic Union Andrey Slepnev Sign a Joint Communique
Oct 22, 2015On the evening of May 8, the Minister of Commerce Gao Hucheng, who accompanied the President Xi Jinping to Russia, met with the Trade Minister of the Eurasian Economic Union Andrey Slepnev in Moscow, exchanging views on the important ...
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Intersport to Expand to Ukraine
Sep 18, 2015IIC-Intersport International Corporation has signed a license agreement for the territory of Ukraine with Epicentr K. This agreement exclusively allows Epicentr K to open Intersport stores in Ukraine, sell Intersport’s private label ...
Tags: IIC-Intersport, Epicentr K, sporting
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Sysco Corporation Has Called off Its Proposed Merger with US Foods
Jul 2, 2015Food distributor Sysco Corporation has called off its proposed merger with US Foods, after the US District Court in Washington, D.C ruled against the $3.5bn deal. Last week, the court issued a preliminary injunction to halt the proposed ...
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Opus Group to Sell 100% of Opus Equipment to MECA Scandinavia
Jun 19, 2015Opus Group has signed a binding agreement to sell 100% of Opus Equipment to MECA Scandinavia , a subsidiary of Mekonomen Group. The sale streamlines Opus Group's operations focusing on being a leading global vehicle inspection company. ...
Tags: Opus Group, Opus Equipmen