Packaging products and machinery manufacturer Intertape Polymer Group (IPG) has agreed to acquire Canadian Technical Tape (Cantech) for about $63m. Based in Montreal, Canada, Cantech is a privately-owned North American supplier of ...
Tags: Packaging products, machinery
Precision has acquired Meyer Industries, a manufacturer of conveyor systems and equipment for the food processing industry. Meyer has earned a reputation for the ability to provide customized solutions to its customers including high ...
Tags: Precision, Meyer Industries, food processing
RPC Group has reported a 67% increase in its revenue to £2.74bn for full year ended 31 March 2017, compared to £1.64bn for the same period in 2016. The British packaging giant stated that overall like-for-like sales improved ...
Packaging solutions provider Molins has agreed to divest its instrumentation and tobacco machinery (I&TM) division to Coesia subsidiary G.D S.p.A for around £30m. The company intends to use the proceeds from the deal to invest in ...
Tags: Packaging, Tobacco Machinery
Japanese automaker Honda is planning to introduce Level 4 automated driving capability into its vehicles by 2025. The decision is line with the company’s plans to introduce automated freeway driving capability (SAE Level 3) into ...
Tags: Honda, Automated Driving System
The Galaxy Note 8's 'killer feature' has been widely tipped as an in-display fingerprint scanner, but a new report contradicts the bulk of the rumours we've been hearing in recent weeks. That's the latest according to South Korean news ...
Tags: Samsung, Galaxy Note 8
Archer Daniels Midland is building a new flour mill in Mendota, located in the US state of Illinois. The high-capacity, modern facility will allow the company to continue to meet growing demand for flour throughout the Midwest. ...
Tags: ADM, Flour Mill
Milacron expects to continue the production of Ferromatik injection molding machines at its Malterdingen facility in Germany due to increasing customer demand. Last year, Milacron stated that it will transfer the injection molding machine ...
Tags: Milacron, Ferromatik Machine
DS Smith has acquired multi material packaging solutions provider DPF Groupe for an undisclosed sum. DPF Groupe is specialized in the manufacturing of multi-material packaging products such as cardboard, foam, wood and others. With ...
Tags: Material Packaging, packaging
Central National Gottesman’s (CNG) Lindenmeyr Munroe paper distribution division has agreed to acquire Independent Paper Group (IPG), which is based in St. Paul, Minnesota, US. Financial details of the transaction, which is expected ...
Scottish spirits company Edrington has taken full ownership of its Americas Travel Retail operations after agreeing to buy out its joint venture (JV) partner for an undisclosed amount. The former JV, Edrington Webb Travel Retail Americas ...
Tags: whisky
German automaker Daimler and its Chinese partner BAIC Group have signed a new framework agreement for the production of electric vehicles. The agreement is focused on two significant investments. The first part is that Daimler will invest ...
Tags: Daimler, Electric Vehicles
Cargill has acquired Pollos El Bucanero (Bucanero Chicken), a Colombian producer of chicken and processed meats products. The acquisition marks Cargill's first introduction of its global protein business into Colombia. Pollos El Bucanero ...
Tags: Cargill, Bucanero Chicken
Samsung’s personal assistant Bixby is still weeks away from arriving on the Galaxy S8 range, according to a Wall Street Journal report on Monday. The voice-powered Siri-rival was scheduled to arrive alongside the flagship ...
Rotoflex has expanded its presence in Canada, through shifting its manufacturings operations to the facility near Toronto. Following the 2016 move of Rotoflex’s Canadian regional office to a larger, new 18,000 square ft. showroom ...