In the ever-growing LED market, automotive LEDs are witnessing a rapid development. This is driven by various regulations enforced by governments around the world for fuel-efficient gasoline vehicles. In addition, manufacturers of hybrid ...
Tags: LED market, LED headlights
Guardian Industries is investing in a new float and coated glass manufacturing facility in Czestochowa, Poland. The new plant will meet the increasing demand for float, coated and fabricated glass products across Europe. Located next to ...
Tags: Guardian Industries, Coated Glass
US-based packaging and equipment solutions provider Volm Companies has opened its new 90000ft2 distribution facility in Pasco, Washington. The new distribution center is situated at 5702 Industrial Way in Pasco, which is close to the old ...
Tags: packaging, custom packaging
For second-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $115.1m, up 22% on $94.4m last quarter and up 53% on $75.3m a year ago. However, this includes ...
Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
For fiscal fourth-quarter 2017 (ended 1 July), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $149.4m (split about 50:50 between client-side/datacoms ...
Imperial Frozen Foods, a portfolio company of Kenex, has acquired 100% of the assets of Greystone Foods. Greystone is a Birmingham, AL based manufacturer of branded and private label frozen (IQF) vegetables. Greystone manufactures 30 ...
Tags: Frozen Foods, Greystone Foods
A survey commissioned by A Plastic Planet has revealed that more than 9 in 10 Britons want a plastic-free aisle in supermarkets. Populus survey of 2,000 UK adults was carried out see whether people support or oppose the introduction of an ...
Tags: plastic packaging, packaging
US-based packaging firm Sonoco has completed its purchase of flexible and forming plastic packaging films manufacturer Clear Lam Packaging for about $170m. Clear Lam Packaging, which was established in 1969, operates manufacturing plants ...
Tags: Sonoco, Lam Packaging
Berlin Packaging has launched a newly-designed website for Freund Container & Supply, a division focused on convenience quantities of packaging and industrial supplies. Built to provide an unparalleled user experience,FreundContainer.com ...
Tags: Berlin Packaging, Packaging
Great Lakes Cheese (GLC) is building a new $55m cheese packaging facility in Wausau, Wisconsin, US. The company has entered into an agreement with the City of Wausau to build the plant, which will help to enhance its production operations ...
Tags: Great Lakes Cheese, Packaging
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods
Sonoco-Alcore said it will again raise prices for paper-based tubes and cores, effective from shipments starting on 24 July 2017. Karsten Kemmerling, Director of Sales and Marketing - Tubes and Cores, Europe, said: "Prices of coreboard ...
Tags: Sonoco-Alcore, Tubes
WaveGrip is set to make its Drinktec debut in Munich, Germany, where it plans to showcase its multi-packing solutions for cans. The UK-based manufacturer claims that its hi-tech system has several advantages over the conventional ...