Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
Kush Bottles, a provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, has reported financial results for its first fiscal quarter of 2018, for the period ended 30 November 30 ...
Tags: Kush Bottles, cannabis industry
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
Prices of mainstream packaged LED products in China were generally stable in December, with no obvious fluctuation in either the high-power or mid-power segments, but prices are expected to fall in first-quarter 2018, reports LEDinside (a ...
Tags: LED market, LED products
The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...
Tags: Hershey, Amplify Snack
Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...
Tags: automotive, roof systems, sealing systems
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
Evonik has agreed to acquire 3M’s high-concentrates additive compounding business for an undisclosed sum. Evonik will include the acquired operations in its interface and performance business line, which produces and markets ...
Taiwan's export orders received in October amounted to US$ 46.6 billion (NT$ 1.39 trillion) for a surge of 9.2 percent over last October, a single-month high in history and representing the 15th consecutive month of growth, according to the ...
Tags: smartphone, Apple
For fiscal first-quarter 2018 (to end-September 2017), optical and photonic optical component and subsystem maker Lumentum Holdings Inc of Milpitas, CA, USA has reported revenue of $243.2m, down 5.8% on $258.1m a year ago due to softer ...
Tags: optical component, subsystem
Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
For fiscal first-quarter 2018 (to end-September 2017), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $155.6m (split about 48%:52% between ...
Tags: components, modules, optical communications
Autajon (Sinel) has invested in second Domino/ABG hybrid label printing press, as part of its efforts to expand its production operations. The hybrid label printing press incorporates Domino’s seven-color N610i ink jet with an AB ...
Tags: UV Ink Jet, Label Printing
As part of its continuing actions to improve profitability and cash flow, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for ...
Tags: NeoPhotonics
After narrowly missing out on entering IHS Markit’s top 10 for 2016 and first-quarter 2017, Nationstar (whose primary markets are lighting and signage) has broken into the top-10 ranking for packaged LED firms for Q2/2017, according ...
Tags: LED market, Packaged LED