Belgium-based VPK Packaging Group has agreed to acquire a 30% stake in corrugated sheet manufacturer CorrBoard UK for an undisclosed price. As part of the transaction, VPK Packaging has agreed for a capital increase and will acquire the ...
Tags: VPK Packaging, Packaging
Tetra Pak has invested €30m in upgrading the Packaging Material Converting Factory in Denton, US, to meet the needs of the US and Canadian markets. As part of the upgrade, a new laminator has been installed at the plant, which will ...
Volvo Cars said it will build its next generation of the XC90 large premium SUV in its new manufacturing facility in Charleston, South Carolina, US, from 2021. The move takes the company's total investment in its US manufacturing ...
Tags: Volvo, Volvo Cars
“The SiC power business is concrete and real, with a promising outlook,” said Yole Développement in 2016. The trend has not changed in 2017, and the SiC industry is going even further as industrial players have increasing ...
Tags: SiC power, SiC devices
German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
Tetra Pak has announced €30m investment to expand its packaging material converting factory in Texas to facilitate its business growth in the US and Canada. The investment will be used for modernization in the factory located in ...
Infineon Technologies AG of Munich, Germany has signed a definitive agreement for the newly founded private company Neptune 6 Ltd to acquire its subsidiary manufacturing site IR Newport Ltd in Newport, Wales, UK. The deal is expected to ...
Epson will demonstrate its robot and label printing technologies at Pack Expo to be held in Las Vegas from September 25 to 27, 2017. Epson Robots, a global leader in PC-controlled precision factory automation, will launch its all-in-one ...
Tags: label printers, Epson, Pack Expo
Kaiam Corp of Newark, CA, UA (which makes optical transceivers for hyperscale data centers) has announced general availability of the XQX5000-series of QSFP28 100G-CWDM4 transceivers based on its LightScale2 platform. The product is ...
Tags: optical transceivers, packaging
Atomic layer deposition (ALD) thin-film technology firm Picosun Oy of Espoo, Finland has reported repeat sales of automated P-300BV vacuum batch production systems to major Asian discrete device manufacturers. Even if the 300mm wafer size ...
Tags: LED lighting, MEMS
Russian food firm Cherkizovo Group said that its Vasilyevskaya poultry production facility has received permission to export poultry products to Iraq. The Vasilyevskaya poultry farm, which is Cherkizovo Group’s largest poultry ...
Tags: poultry products, Poultry
Seiko Epson manufacturing subsidiary Epson Precision (Philippines) has opened a new inkjet printer facility. The new facility has been developed by investing around $143m to provide extra inkjet printer production capacity. Featuring ...
Tags: Seiko Epson, Inkjet Printer
Food packing firm Hilton Food Group has signed a long term supply agreement with Tesco Central Europe to produce fresh food. This development supports Hilton’s strategy of providing key retail partners globally with a diversified ...
Tags: Hilton Food, Fresh Food
Based in Everett, the Funko HQ store boasts all maner of licensed goods from plush toys and collectables to handbags and backpacks. Funko has opened the doors to its first retail store, located in Wetmore Avenue in Everett, US. The ...
Voith Paper has been commissioned to rebuild the headboxes and shoe presses of Jianhui PM 3 and PM 4 as well as Jinzhou PM 3 and PM 4 in China. Voith Paper, Huazhang Technology, Jianhui Paper and Jinzhou Paper have signed an agreement to ...
Tags: Voith Paper, paper formation