Equipment maker Duravant has purchased packaging machinery manufacturer Hamer to boost its capability in bag management systems. Known for its specialization in automated bagging systems, fillers, sealers and robotic palletizers, Hamer ...
Tags: Packaging Equipment, Packaging
Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, ...
Tags: Crocs, Sporting Wear
Irish Dairy Board, which represents about 14,000 dairy farmers, intends to market milk under Ornua brand. Following market tests on various parameters, the new name was chosen by the dairy board. IDB expects that the new branding will ...
Seattle-based Darigold will shut its last milk processing plant in Medford on February 28, leading to 29 jobs at risk. Handling of waste water has become a problem at the ageing plant, reports Capital Press. Seattle based Darigold noted ...
Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell business as a new publicly traded company called ...
Tags: Vista Outdoor, Sporting Goods
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
Frozen foods company Windsor Foods has decided to close its production facility located in Tulsa, Oklahoma. As a result of the shutdown, which will take place in September, about 70 employees will lose their jobs, reported Tulsa World. ...
Tags: Windsor Foods, Tulsa, Food
Confectionery company Cloetta has announced the acquisition of Ireland-based Aran Candy, the owner of the Jelly Bean Factory brand, for SEK140m ($21m). Aran Candy, established in 1998, producer and seller of gourmet Jelly Beans. ...
Tags: Jelly Bean, core market
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first quarter this year, reporting a net loss of €27 million, down from a net loss of €81 million in the corresponding quarter of ...
Tags: coal output, coking coal
Liqui-Box announced additional investments at their Ashland, Ohio production plant. Liqui-Box will incorporate and enhance their industry leading R&D laboratory within their Ashland, Ohio production facility and create a "Center of ...
Tags: Liqui-Box, Ohio production
Asia Pacific retailers are focused on expanding in the Asia Pacific region, a recent global report by CBRE Research has found. The How Active Are Retailers Globally? survey found that Asia Pacific-based retailers see significant potential ...
Tags: Asia Pacific Retailers, Region Expansion, mature retail sectors
From the outside, it's hard to imagine that the Flexan Corp. facility in an unassuming neighborhood in Chicago serves as the headquarters for a thriving global enterprise. But the 65,000-sq.-ft. complex not only houses production for the ...
During Investor Day 2014 held in London on Monday, March 10, ArcelorMittal CEO Lakshmi Mittal said that the current political turmoil in the CIS is likely to impact steel demand in the region, with regional demand growth expected to at ...
Tags: Steel, Core, Metallurgy, Mineral, Energy
Husky Injection Molding Systems is set to create a new medical and specialty packaging business unit, following the acquisition of medical and closure mold maker Schottli. The new business unit will use Schottli technology, capabilities ...
Tags: Husky, Specialty Packaging
Escalade, Inc. reported net revenues for the fourth quarter of 2013 were 14 percent higher than the same quarter last year. Net revenues for the full year 2013 were 11 percent higher than last year. Sales growth was driven by the Sporting ...
Tags: Sporting Goods, net revenues, Sales growth, product innovation