For second-quarter 2016, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $75.3m, down 8.6% on $78m last quarter and 42.7% on $131.4m a year ago, consistent with ...
Tags: Veeco, LED industry
Emcore Corp of Alhambra, CA, USA – which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets – has completed its strategic review and will ...
Tags: Emcore Corp, optical chips
B&G Foods, Inc.announced that it plans to relocate the manufacturing and warehouse operations of Mama Mary’s from a facility in Spartanburg, South Carolina, whose lease is expiring, to a facility B&G Foods owns in Yadkinville, North ...
First Solar Inc of Tempe, AZ, USA – which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – is reallocating production capacity ...
The Hershey Company has announced that it will shutdown the Brookside Foods’ factory in Abbotsford in Canada, as part of its efforts to restructure its manufacturing operations. The move may result in 180 job cuts at the facility ...
Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
Toyota has inaugaurated a new $170m engine manufacturing facility in Sao Paulo, Brazil. It is the company's first engine manufacturing plant in Latin America. The new plant, which employs about 320 people, was constructed on a plot of ...
US-based agribusiness company Monsanto has announced to invest $975m over the next three years to expand its manufacturing site in Luling, Louisiana. The investment will also support the launch of Roundup Ready Xtend Crop System, a seed ...
Tags: Monsanto, Investment, Expansion, Roundup Ready Xtend Crop System
Sustainable resins specialist Cardia Bioplastics has seen a steep rise in demand for its packaging and bag products. Monthly orders have increased by 60 per cent over the last 12 months to over $100,000 for the company’s ...
Tags: Packaging, Bag products, Cardia Bioplastics
Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...
Naturex, Australia’s major vitamin and herbal brand, has entered into a long-term preferred partnership agreement with Swisse Wellness for the supply of natural ingredients. Under the partnership, both the companies will also work ...
New Zealand peanut butter maker Pic's has had to ramp up its manufacturing operations ahead of a decision by Woolworths to stock its all-natural products nationwide. More than 900 Woolworths supermarkets are now stocking Pic’s ...
Tags: NZ Peanut, Pic's, All-natural products
US-based food technology company Aseptia has completed the sale of Carolina Dairy and Wright Foods to a new subsidiary of AmeriQual Group Holdings. The sale involves transfer of assets of Carolina Dairy yogurt plant in Biscoe, North ...
Tags: Aseptia, Carolina Dairy, Wright Foods
Packaging solutions provider Multivac has unveiled plans to expand its manufacturing operations in Kansas City, Missouri, US. The company will invest around $6.9m to expand its US headquarters in Kansas City, which is expected to create ...
Tags: Multivac, deli meats
Dassault Systèmes has introduced Perfect Production, a digital manufacturing operations management solution for consumer packaged goods (CPG) and retail industry. The Perfect Production, which is based on the 3DEXPERIENCE platform, ...
Tags: packaged goods, plant efficiency