GFM Network News


Brandt Industries will buy the Mitsubishi Hitachi Power Systems Canada plant in Saskatoon for an undisclosed sum. (HilcoInd.com)

Brandt buys Saskatoon power generating equipment plant

Tractor and equipment manufacturer Brandt expects to double its manufacturing footprint — and expand into new equipment lines — after closing a deal for a major Saskatchewan plant site specializing in power generation machinery. The Regina-based company on Friday announced it had closed its deal to buy the former Mitsubishi Hitachi Power Systems Canada facility […] Read more

Olam forms joint venture with Mitsubishi

Singapore | Reuters –– Olam International has formed a joint venture with Mitsubishi Corp. to supply sustainable agricultural and food products to Japan, in the first tie-up between the two since the Japanese firm bought a stake in the commodity trader. The joint venture, MC Agri Alliance Ltd., will import and distribute coffee, cocoa, sesame, […] Read more