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Foton Asia-Pacific Industrial Center Set up in Thailand
Dec 16, 2016On December 6, Foton 2017 Global Partners Conference was held in Bangkok, Thailand. At the conference, it officially released the company’s global development strategies. Having been maintaining a fast growing momentum in Thailand, ...
Tags: Foton, Industrial Center
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CPC Leadership Key to China's Success
Oct 24, 2016China's success lies in the leadership of the Communist Party of China (CPC) and sticking to and improving CPC leadership is the country's foundation. The 18th CPC Central Committee will convene its sixth plenary session from Oct. 24 to ...
Tags: CPC, CPC Central Committee
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Nordstrom Eliminating 400 Positions
Apr 20, 2016Nordstrom, Inc. (NYSE: JWN) plans to eliminate approximately 350 to 400 positions by the end of the second quarter to reduce costs by approximately $60 million in fiscal 2016. In an announcement Monday, the Seattle company said the cuts ...
Tags: Nordstrom
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McCormick Offers Revised Bid for Premier Foods
Apr 6, 2016McCormick & Company has revised its offer for Premier Foods to 65 pence in cash per each share of Premier Foods, valuing the latter at £1.5bn, and making its third approach to acquire the business. The revised offer follows two ...
Tags: McCormick, Premier Foods, Revised Bid
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Premier Foods Rejects Third Bid Offer From McCormick
Apr 5, 2016Premier Foods has rejected the third offer from US-based spice manufacturer McCormick & Company, which had offered 65p per share of Premier Foods. Mr Kipling cakes maker said the proposal continued to undervalue Premier and its future ...
Tags: Premier Foods, McCormick&Company, Bid Offer
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Premier Foods Rejects £495m Bid Offer From McCormick
Mar 28, 2016UK-based food manufacturer Premier Foods has rejected a bid offer worth a £495m from US-based food giant McCormick. The company has rejected the offer saying that the offer from McCormick significantly undervalued Premier Foods ...
Tags: Premier Foods, McCormick, Bid Offer
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Lectra Appoints Burak Susoy as Director for Turkey and Middle East
Dec 22, 2015Lectra, a world leader in integrated technology solutions dedicated to industries using soft materials, has announced the appointment of Burak Susoy as director for Lectra Turkey and the Middle East. Turkey and the Middle East are regions ...
Tags: Lectra, Burak Susoy, Furniture
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IQE on Track to Achieve Full-Year Revenue Growth
Dec 21, 2015In an update on current trading and confirms its expectations for full-year 2015, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it is on track to achieve year-on-year revenue growth, with second-half revenue ...
Tags: IQE, epiwafer foundry, Electronics
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Deccan Auto Has Set up Its First Integrated Bus Manufacturing Unit in Hyderabad
Jul 15, 2015Deccan Auto has set up its first integrated bus manufacturing unit in Hyderabad, India, entailing an investment of $39m. The plant, with an annual installed capacity of 3,000 units a year, is sprawled over 18 acres with a covered area of ...
Tags: Deccan Auto, integrated bus, bus
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Multipack Has Invested in a Brand New Food Processing and Packing Facility
Jul 1, 2015Multipack has invested in a brand new food processing and packing facility to complement its growing FMCG and retail packaging business. The new facility, based in Sydney's suburb of Ingleburn, is an upgrade of the company's existing food ...
Tags: Contract Packer, FMCG Business, packaging
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Moy Park Invests in Poultry Development House
Apr 2, 2015Northern Ireland's Poultry giant Moy Park has invested in its 18,500ft2 poultry development house in Colorado to bring together best farming practices, leading technology and science under one roof. As reported in The Poultry Site, Moy ...
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Chs Purchased a 25% Share of West Central
Jan 13, 2015CHS, an energy, grains, and foods company and the nation's leading farmer-owned cooperative, has purchased a 25% share of West Central, a full-service wholesale distributor headquartered in Willmar, Minnesota. "Investing in West Central ...
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Local DLW Management Filed for Insolvency in Germany
Dec 15, 2014Armstrong World Industries has decided to exit its European flooring business and cease further funding of its DLW subsidiary effective immediately. As a result of this decision, local DLW management filed for insolvency in Germany. ...
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Safety and Sustainability Will Be The Main Focus at The First Dhaka Apparel Summit
Dec 5, 2014Safety and sustainability will be the main focus at the first Dhaka Apparel Summit. Set to kickstart on 7 December, the three-day event will also focus on how the country can achieve the milestone to achieve US$ 50 billion in RMG export by ...
Tags: Safety, Sustainability, Apparel
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McSorley Brings More Than 20 Years of Experience From Leading World-Class Businesses
Nov 25, 2014McSorley brings more than 20 years of experience from leading World-Class businesses to the Americk Packaging Group and has led the Americk Webtech business for the past 5 years as managing director. Prior to joining Americk Webtech in ...
Tags: Chief Operating Officer, operational practices, Packaging