Automakers Mazda and Toyota have established a new joint venture company to oversee the construction of a $1.6bn auto manufacturing plant in Alabama, US. The new JV firm, dubbed Mazda Toyota Manufacturing, U.S.A. (MTMUS), will shortly ...
CCL Industries, a provider of specialty label, security and packaging solutions, has agreed to acquire Treofan America and Trespaphan Mexico from their parent firm M&C in a deal worth $225m. The entities considered for acquisition ...
Tags: CCL Industries, packaging
Mesirow Financial has served as the exclusive financial advisor to Fleetwood-Fibre Packaging & Graphics on its sale to Golden West Packaging Group, a portfolio company of Lindsay Goldberg. Headquartered in City of Industry, CA, Fleetwood ...
Tags: Mesirow Financial, Packaging
Mainly on the popularization of mobile Internet around the world as well as slumping prices of internet components, application of data analysis is rising to become the key element in the development of the smart manufacturing industry, ...
Tags: Smart Manufacturing
Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...
Tags: packaging, label industries
Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
Kush Bottles, a provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, has hired a regional sales director, Kyle Heverly, to expand its physical presence in the rapidly growing ...
Tags: Kush Bottles, packaging
Baker Perkins said its new MAX3 feed system for powder coating and industrial extruders can result in a throughput increase of up to 34%. Baker Perkins had added MAX³ with re-designed feed port and screws to enhance flow of material ...
Tyson Foods said that it will launch several new products this year and modernize its $1bn brands as part of its transformation into a modern food company. Speaking at the 2018 Consumer Analyst Group of New York conference, Tyson Foods ...
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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
American automaker Ford is planning to invest more than $11bn in electrification from 2015 to 2022. The company said it will also expand its electrified vehicle lineup with a total of 40 vehicles globally, which will include 16 full ...
Tags: Ford, electric vehicles
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
Stone Canyon Industries (SCI) has announced recapitalization of its packaging subsidiary with a minority investment from Ontario Teachers', Canyon Capital, PSP Investments and Arcadia. Under the deal, SCI is issuing $850m series A ...
Tags: Stone Canyon Industries, packaging
To cope with increasing price competition in the blue LED segment, Taiwan-based LED packaging firms are shifting the focus of their production to infrared (IR) and sensing devices, reports Digitimes. China’s largest LED packaging ...
Tags: LED market, LED chips