KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
Crown Holdings announced that Gerard Gifford has been appointed as executive vice president and chief operating officer effective 01 April 2017. In this new role, Mr. Gifford will continue to report to Timothy J. Donahue, President and ...
Tags: Crown Holdings, Beverage Packaging
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
General Motors (GM) and Honda are investing $85m each into a joint venture (JV) that intends to start mass production of hydrogen fuel cells by 2020. The JV, Fuel Cell System Manufacturing, will operate within GM's existing battery pack ...
Infiniti will be introducing the all new 2017 Q50 3.0t Signature Edition and the 2017 QX80 5.6 Signature Edition at Chicago Auto Show. Both models will make their public debuts at the 2017 Chicago Auto Show, which runs from Feb. 11 to 20 ...
Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
Spirits giant Bacardi has appointed K.C. Kavanagh as senior vice president and global chief communications officer. Kavanagh reports to Mike Dolan, chief executive officer of Bacardi Limited, and serves on the Company’s global ...
North American wine and spirits distribution firm Southern Glazer’s Wine & Spirits has unveiled a new structure and appointments within the Control Region, effective 1 December 2016. The new organizational structure allows Southern ...
Natural American Foods, a producer and distributor of honey and other natural sweeteners, announced that Lance Chambers has been appointed chief executive officer. Mr. Chambers succeeds Rolf Richter, who will continue to serve the Company ...
NightFood Holdings has appointed Andrew Austin to the company advisory board to weigh potential merger & acquisition transactions. Austin is the president of A.S. Austin Company, a San Diego based consulting and funding liaison firm, and ...
Tags: Transactions, NightFood
United Natural Foods (UNFI) announced that its president and CEO Steven Spinner, was appointed chairman of UNFI’s Board of Directors, effective following the Company’s Annual Meeting of Stockholders in December 2016. Mr. ...
Tags: United Natural Foods, Spinner
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...
Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
Swiss infant nutrition company Hochdorf has entered into an agreement to acquire a majority stake in Pharmalys Laboratories and Pharmalys Tunisia. Under the purchase agreement, Hochdorf will buy 51% stake in both the companies. Besides, ...
Tags: infant nutrition, Hochdorf
A US judge has approved Volkswagen's $14.7bn deal that arose from the automaker's diesel emissions cheating scandal. Judge Charles Breyer of the US District Court for the Northern District of California granted final approval to the ...
Tags: diesel emissions, diesel cars