Listed companies in Japan saw average pretax profits rise 2% on the year in the April-June quarter, despite April’s consumption tax hike. Automakers and consumer electronics companies were among the top performers in a Nikkei pretax ...
Tags: Automakers, Electronics
Members of the Australian packaging supply chain voiced their opinion on the need for cross-company collaboration at a joint AIP/APPMA meeting held in Melbourne last night. The group of over 80 packaging professionals had gathered to hear ...
TAIPEI — Taiwan’s economy expanded at its fastest pace in six quarters in the three months through June. The pickup is attributable to not only growth in electronics exports but also rising public- and private-sector capital ...
Tags: Taiwan, Electrical, Electronics
TOKYO — Textile maker Toray Industries saw net profit rise 11% to 14.7 billion yen ($142 million) in the April-June quarter on strong demand for carbon fibers that offset goodwill amortization expenses. Operating profit jumped 19% ...
Tags: Toray, Electrical, Electronics
Samsung Electro-Mechanics announced on July 29 that it reported an operating profit of 8.5 trillion won (US$8.3 billion) in the second quarter of this year, a year-year decrease of 90.5 percent. The company turned over 1.8607 trillion won ...
Tags: SEMCO, Electrical, Electronics
THe Samsung Group’s move aimed at spurring management innovation to overcome limits to growth has put Samsung subsidiaries on edge. As business restructuring and reorganization is scheduled in August, subsidiaries are keeping their ...
Tags: Samsung, Electrical, Electronics
Delta Apparel, Inc. reported earnings fell 45 percent in the third quarter ended June 28, to $2.2 million, or 27 cents per share, from $4.0 million or 48 cents, a year ago. Revenues were down 7.6 percent to $123.5 million from $133.6 ...
Tags: Delta Apparel, Earnings, Sporting Goods
China has issued an emergency decree ordering officials to halt the development of new cement and plate glass capacity, as it struggles to overcome entrenched local government resistance to halting wasteful investment in glutted industries. ...
Tags: Cement, Glass, plate glass
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, is stepping up its efforts to expand its product offerings in China. Manufacturing capacity for new modified polypropylene powder products will be added to the ...
Tags: Axalta, China, Decoration
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, is sponsoring First State Robotics of Delaware and the Miracles of Engineering (MOE) First Tech Challenge team. Axalta awarded a scholarship to robotics team ...
Tags: Axalta, Awards, Decoration
Inkcups Now welcomes Karen Harris to the ICN family. Karen joins the finance organization of Inkcups Now as the new Manager of Finance. Karen brings with her over 25 years of accounting leadership experience. In the past, Karen has worked ...
Energizer Holdings, Inc. announced results for the third fiscal quarter, which ended June 30, 2014. The Company reported adjusted net earnings per diluted share of $1.46, a decrease of 7.0% and net earnings per diluted share of $1.03, a ...
Tags: Energizer Holdings, Dips 7%, Textile
A new service offered to online clothing retailers lets customers browse their store seeing themselves in a virtual view of how appealing the clothes will look on themselves. The Mix Thread technology is designed to help customers make ...
Tags: Mix Thread, Apparel, Accessories
Continental Mills, a Washington-based privately held manufacturer and marketer of food products, has completed the revamping of its recently purchased manufacturing facility in Effingham, Illinois. The company made upgrades on its ...
Tags: Continental Mills, facility, Food
The U.S. is looking for concessions from China to kick start international negotiations on liberalizing trade in high-technology products. Trade Representative Michael Froman told reporters the U.S. wants to resolve differences with China ...
Tags: liberalizing trade, business, economy