Atlanta-based Genuine Parts Co. on July 1 acquired the last 65 percent of Inenco Group, the Australian distributor in which it purchased a 35 percent stake in April 2017. Inenco generates about $400 million in annual revenues from industrial parts including bearings, seals and power generation equipment at 160 locations in Australia and New Zealand. […]
Editor’s note: This commentary was published first in Spanish in “Reforma” newspaper and was made available to Global Atlanta in English by the Consulate General of Mexico in Atlanta. It was written by Julián Ventura Valero, deputy secretary of foreign affairs, who can be followed on Twitter at @JulianVenturaV. Mexico is convinced of the irreplaceable value of […]
With Asia’s political and economic underpinnings in flux, Japan has “stepped out to take the lead” Adm. Dennis Blair told Global Atlanta during a telephone interview related to his upcoming Sept. 5 visit to Atlanta. Mr. Blair is to participate in a midday “fireside chat” with Amb. Charles Shapiro, president of the World Affairs Council […]
It was the innovation to replace wooden and paper pallets with recyclable sustainable plastic shipping platforms that prompted Jeff Lamb, the Newnan-based entrepreneur originally from Calgary, Canada, to sever his ties with IKEA and launch OptiLedge in 2009. In the start-up phase he also launched a materials handling and transportation consulting company. With the continued […]
Atlanta’s Volantio, which provides software that helps airlines maximize ticket revenue while minimizing the pain of rebooking passengers, has raised a $2.6 million funding round. The Series B round was led by Ingleside Investors with participation from three airline venture funds that have never partnered on a deal before: JetBlue Technology Ventures, Australia’s Qantas Ventures and […]
Deputy has had a North American base in Atlanta for awhile, but this week, the Australian employee management software firm moved its offices into the city proper as it continues to grow rapidly.
Originally conceived to broaden its study abroad and student exchange curriculum, Kennesaw State University’s “Around the World in 80 Days” was honored Feb. 28 in Washington by the Association of International Education Administrators (AIEA) with its 2017 Innovation Award. The Duke University-based association recognized the KSU program for “effectiveness” and for the connections it established […]
An Australian software firm that helps companies manage their workforces is set to open its headquarters for the Western Hemisphere in Alpharetta, employing 20 people when fully staffed. The announcement comes just a week after a manufacturer and a fintech firm from the Pacific country announced new operations in Georgia. Sydney-based Deputy already has customers […]
It wasn’t too long ago that the Australian Trade Commission shut down its office in Atlanta, but two company relocations announced this week proved that interest in the South from Down Under remains strong.
Genuine Parts Co. has agreed to buy Welshpool, Australia-based aftermarket auto parts supplier Covs Parts Pty Ltd. Atlanta-based Geniune Parts, which posted revenues of $15.3 billion last year, didn’t disclose terms of the deal but said it expects Covs to bring in $90 million in sales next year. Covs is based in the state of Western […]