For second-quarter 2012, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $136.5m, down 2% on $139.9m last quarter and 48% on $264.8m a year ago. Fiscal ...
Tags: Veeco, MOCVD, revenue and earnings
Milton Keynes based Impact Production Services (IPS) supplied all the lighting, staging and rigging for the recent James Bond Premiere at the Royal Albert Hall, London. Working for Limited Edition Event Design, IPS built various Prolyte ...
Tags: IPS, Impact Production Services, lighting, staging
Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
The Austrian company IFN-Holding intends to invest roughly €40m in 2012 in new technologies, products and the expansion of its business locations. Most of that amount, at roughly €30m, will go to the expansion of window production ...
Tags: IFN-Holding, Austrian, investment
Scotland-based Braveheart Investment Group plc has injected £378,000 in mLED Ltd of Glasgow, UK. The latest equity funding round comes from Braveheart's established network of private clients, the Scottish Enterprise ...
Tags: mLED, Braveheart Investment, Glasgow
Hershey today (7 September) announced a deal to take full control of its Indian venture, which has been the subject of speculation for months. The US confectioner will buy a 49% stake in the loss-making venture held by Indian conglomerate ...
Tags: JV partners, JV subject, potentially sick
Stora Enso Renewable Packaging is set to restructure its converting operations at Páty in Hungary and plans for efficiency measures in the consumer board mill at Barcelona, Spain to address the customer needs. By the end of the ...
Tags: Hungary Plant Operations, Renewable Packaging, restructuring cost
German producer of sensor solutions SICK has introduced the ML20 markless sensors that eliminate any requirement for optical marking on the package and deliver flexibility, design freedom in packaging applications. According to the ...
Tags: Markless Sensors, Packaging Applications, packaging processes
The Textile, Clothing and Footwear Union of Australia (TCFUA) will take its case to Canberra calling on the federal Government to reverse last week’s decision to slash $7 mill from a targeted program for retrenched workers in TCF ...
Tags: TCFUA, TCF industry, dramatic cut, redundant workers
Medmarc Insurance (Medmarc) has signed an agreement to merge into ProAssurance for a $153.7m, all cash, sponsored demutualization that will provide Medmarc's eligible Members with cash payments of $146.2m and future policy credits of $7m. ...
Tags: Medmarc Insurance, merger, ProAssurance, insurance
The government has granted a North Yorkshire egg processor£490,000 towards the construction of a£3M egg processing facility. Chippendale is to build a new£3M egg processing facility The move will secure 40 jobs at ...
Tags: egg processing facility, North Yorkshire, Rural Development Programme
Huhtam ki Oyj's Indian subsidiary, Paper Products has acquired 51% of the shares in Webtech Labels Private, which manufactures pressure sensitive labels to pharmaceutical customers, for about €7m. According to the Finland-based ...
Tags: Paper Products, pressure sensitive labels, foodservice
US based property and casualty insurer Tower Group has acquired a miniority stake of 8.5% in Cinium Financial Services for $7m in the form of convertible senior notes, which are due in 2026. The underwriter said that the recent investment ...
Tags: ower Group, Cinium Financial Services, stake, acquisition
A Delta Group company,Delta Products has been awarded a$1.9m grant from the US Department of Energy(DOE),as part of$7m in research and development funding that aims to improve the development and design of electric vehicle charging ...
Tags: Delta, Federal Grant, EV Charging
For third-quarter 2012, Kopin Corp of Taunton, MA, USA, a supplier of III-V semiconductor products and microdisplays for mobile applications (including smartphones, tablet PCs, military thermal weapons sights and wearable computers), has ...
Tags: Kopin, Kopin Corp of Taunton, III-V semiconductor, microdisplay