South African pulp and paper firm Sappi has acquired specialty paper business of Cham Paper Group for CHF146.5m ($149m). The deal, which was signed in December 2017, involves acquisition of CPG’s Carmignano and Condino Mills in ...
The global market for radio-frequency (RF) power semiconductor devices – spanning silicon (LDMOS), gallium arsenide (GaAs) and gallium nitride (GaN) – will increase at a compound annual growth rate (CAGR) of nearly 12% during ...
Tags: Semiconductor
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
Volvo Cars has started testing its autonomous drive cars through taking the support of Swedish families in Gothenburg. Under the Drive Me project, the company has provided two Volvo XC90 premium SUVs to Hains and Simonovskis families to ...
Tags: Volvo Cars, Autonomous Drive Cars
Ford has outlined the next phase of its China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. Executive Chairman Bill Ford and CEO Jim ...
Ride-hailing company Lyft has secured approval to start trial of its self-driving vehicles in the US state of California. The approval allows Lyft to join the likes of companies such as Google’s Waymo, Uber, Apple, Ford and ...
Tags: Self-Driving Cars, Apple
Rayonier Advanced Materials has acquired Canadian paper company Tembec for $807m to expand its business into packaging and forest products. The acquisition resulted in the creation of a global company providing high purity cellulose, ...
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
For third-quarter 2017, POET Technologies Inc of Toronto, Canada and San Jose, CA, USA —a designer and manufacturer of optoelectronic devices, including light sources, passive waveguides and photonic integrated circuits (PIC) for the ...
Baker Perkins, a provider of manufacturing and process services to the food industry, has opened a new industrial extrusion innovation center in Peterborough, UK. The new center is designed to offer a resource for chemical, plastics, ...
PTT Global Chemical (PTTGC) has partnered with seafood producer Thai Union Group to jointly research and develop packaging and packaging materials for sustainable business practices. The partnership will cater to the food industry by ...
Tags: Sustainable Packaging, Packaging
Stratasys, a provider of applied additive technology solutions, announced that GKN Driveline Florence, a plant of leading global engineering company, GKN, is expanding the deployment of Stratasys 3D printing across the manufacturing floor ...
Tags: 3D Printing, GKN Driveline
The Ireland Government said it will spend €8.8m to establish a new food innovation hub, aimed to help the country’s food industry deal as it prepares for Brexit. Ireland’s Department of Agriculture, Food and the Marine ...
Hilton Food Group will invest nearly NZ$54m ($38.7m) to build a new meat processing facility in South Auckland, New Zealand. The UK-based meat processing company will exclusively supply the meat products from the new facility to New ...
Tags: Hilton Food, meat processing
Leading puzzle-maker Gibsons has joined forces with Rubik's Cube to produce a new 500-piece puzzle based on the iconic '80s toy. As the latest addition to Gibson's Iconic Brands Collection, Rubik's joins the likes of Marmite, VW and ...