Magneti Marelli Inaugurates New Automotive Lighting Plant In Malaysia
The ASEAN market is becoming increasingly important for Magneti Marelli as a production hub aimed at the entire Asian continent, Japan in particular, the company says.
International Remanufacturing Forum Scheduled For Shanghai
APRA has joined with Automechanika Shanghai and China Recycling Remanufacture Association as the co-organizers of this International Remanufacturing Forum that will be held during Automechanika Shanghai on the afternoons of Dec. 11-12.
Titan International To Serve As Managing Partner In Voltyre-Prom Acquisition
Titan International, in partnership with One Equity Partners (OEP) and the Russian Direct Investment Fund (RDIF), has acquired the majority interest in Voltyre-Prom for approximately $94 million.
Coates International Signs Agreement With Chinese Government For Large Industrial Engine Manufacturing
The total investment is approximately $1.5 billion USD.
Titan International To Serve As Managing Partner In Voltyre-Prom Acquisition
Titan International, in partnership with One Equity Partners (OEP) and the Russian Direct Investment Fund (RDIF), has acquired the majority interest in Voltyre-Prom for approximately $94 million.
Coates International Signs Agreement With Chinese Government For Large Industrial Engine Manufacturing
The total investment is approximately $1.5 billion USD.
Schaeffler Replaces CEO
Schaeffler AG has decided to shift strategy and replace Juergen Geissinger as CEO, effective immediately. The company’s CFO, Klaus Rosenfeld, will assume the role of CEO on an interim basis, the company said.
PACCAR Commences Production Of DAF Trucks In Brazil
The 300,000-square-foot assembly facility on 569 acres is a high-technology, environmentally friendly plant that will assemble the premium-quality DAF XF, CF and LF vehicles.
APRA And Rematec To Create New Remanufacturing Show In U.S.
The Automotive Parts Remanufacturers Association (APRA), the global association for remanufacturers all over the world, and Amsterdam RAI, owners and organizers of ReMaTec, the world’s largest remanufacturing show, have announced a new partnership to organize a new comprehensive show for automotive and heavy-duty remanufacturing in the U.S. The first edition will take place Nov. 1-3, 2014, in Las Vegas.
Cooper Tire Stockholders Approve Merger With Apollo Tyres
Cooper and Apollo announced the proposed merger on June 12, following unanimous approval by the boards of directors of both companies. The pending merger is expected to close by the end of this year.
PPG To Invest $60 Million In New Manufacturing Facility In Lipetsk, Russia
PPG says this investment further demonstrates the company’s commitment to growth in Europe, the Middle East and Africa (EMEA). PPG currently has operations in Russia and is supplying customers across a variety of industries in the country. The new facility is expected to facilitate PPG’s growth in the market and help the company directly meet growing local demand for its coatings products.
Henkel Opens World’s Largest Adhesives Factory In China
New plant in Shanghai to serve customers in emerging Asian markets.