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On Running, a sportswear brand, has recently launched an automated factory in Busan, South Korea where robots are used to manufacture running shoes. The company expresses its intent to establish more such factories in the United States and Europe to…
Marcus Raward has been appointed as the new Chief Executive Officer of Noosa Chocolate Factory, marking a new era in the company’s top leadership. Delivering Growth Through Strategic Leadership Known for his commercial strategy and business growth expertise,…
In October, China’s factory output and retail sales experienced their slowest growth in over a year, which is placing increasing pressure on policy makers to overhaul the $19 trillion export-driven economy. This comes as the country faces growing supply and…
Pandora, recognized as the world’s leading jewelry brand in terms of sales volume, has announced its plan to establish a fresh regional headquarters in Singapore. The move forms part of a broader growth strategy designed to strengthen the company’s footprint…
In a significant move reflecting the evolving landscape of Asia’s retail sector, Fuyao Glass Industry Group is set to expand its footprint by opening a second glass factory in Vietnam. This new facility, which represents a monumental investment of…
Real Pet Food, also recognised as Australian Pet Brands, is set to expend over $1.3 million on safety improvements and equipment upgrades. This decision comes following a directive from the NSW Environment Protection Authority (EPA) after a phosphoric acid…
In an ambitious move to expand its culinary footprint, South Korea’s CJ Foods has announced a significant investment of approximately $73 million (KRW 100 billion) to establish a new mandu (Korean dumpling) factory in Chiba Prefecture, Japan. This…
Syre Group Unveils Ambitious Recycling Complex Plan in Vietnam In a significant move towards sustainable fashion practices, Susanna Campbell, chairwoman of Syre Group, announced plans for new major recycling complexes during a meeting with Prime Minister Pham…
Food and beverage giant Nestle has invested $32 million in its Smithtown factory, aiming to boost the site’s manufacturing line. The funding will also introduce state-of-the-art technology and support an increased production capacity. James Garley, the site’s…
The Huawei Mate 60 Pro is getting a serious look from U.S. government officials who are trying to figure out how Huawei and SMIC (China’s largest foundry) created 7nm Kirin 9000S 5G chipsets in the face of U.S. sanctions. Huawei is not allowed to be shipped…
Apple is gearing up for the launch of the iPhone 14 series (which is inching ever so closely as we approach the fall), and it now seems Cupertino is set on not allowing any supply chain shortages to create issues. Reputable industry insider Ming-Chi Kuo now…
Barry Callebaut has completed the expansion of its Campbellfield factory in Melbourne, after the 11,000 m2 site was acquired in 2020. The expansion will cater for local industrial food manufacturers with new production lines to increase the total operating…
Guided tours inside the Ducati Factory have resumed from October 2021, after having been discontinued due to the coronavirus pandemic. The Ducati Museum re-opened with pandemic safety regulations in place in May 2021, but the factory had not been open for…
Adidas felt the impact of a Chinese boycott of Western brands on its second-quarter results and is also suffering from the closure of factories in Vietnam due to Covid-19 infections. The German sportswear company still raised its outlook for full-year sales…
Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts to overtake Tesla and speed up mass adoption of battery-powered cars. The world’s No. 2 carmaker,…
Volkswagen plans to have six battery cell production plants operating in Europe by 2030 to secure supply for the world’s No.2 carmaker’s electric vehicle ambitions. The plants, to be built in partnerships, will have a production capacity of 240-gigawatt hours…
