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Industrial Packaging Firm Mauser Acquires Maschiopack North America

Mar 6, 2018

German industrial packaging firm Mauser Group has acquired the manufacturing assets of MaschioPack North America for an undisclosed amount. MaschioPack North America is engaged in manufacturing 275-gallon and 330-gallon Intermediate Bulk ...

Tags: industrial packaging

SCI Partners with Several Firms for Packaging Subsidiary Recapitalization

Jan 16, 2018

Stone Canyon Industries (SCI) has announced recapitalization of its packaging subsidiary with a minority investment from Ontario Teachers', Canyon Capital, PSP Investments and Arcadia. Under the deal, SCI is issuing $850m series A ...

Tags: Stone Canyon Industries, packaging

CREE Expands Architectural Lighting Range with New 1-Watt RGBW LEDs Plus PC Amber Option

Jul 21, 2017

LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has expanded its family of architectural lighting class LEDs with the new CLQ6A RGBW (red, green, blue and white) LED. Claimed to be the first individually addressable ...

Tags: Cree LED, LED

The Crew 2 Revealed: Cars, Boats and Planes to Feature in Bonkers New Racing Game

Jun 15, 2017

The Crew 2 is here, and it’s totally bonkers. After a mixed reception for the racing game’s first outing, Ubisoft has thrown every kind of motor vehicle you can think of at this, a new title set to launch “early ...

Tags: Crew 2, Boats

Inventure Foods to Offload Fresh Frozen Foods to Pictsweet

Mar 27, 2017

Inventure Foods has agreed to divest Fresh Frozen Foods to The Pictsweet Company for nearly $23.7m in an all-cash deal. The strategic sale by Inventure Foods was announced during an ongoing company review process aimed at improving ...

Tags: Inventure Foods, Frozen Foods

Stone Canyon Industries to Acquire Rigid Packaging Firm Mauser for $2.3bn

Feb 13, 2017

Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...

Tags: Stone Canyon, Packaging

Barry Callebaut Completes Acquisition of Mondelez Facility in Belgium

Jan 5, 2017

Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...

Tags: Barry, chocolate, cocoa products

Shell Adds Third Major Discovery to The Norphlet Play in The Gulf of Mexico

Dec 8, 2016

Shell and the Norphlet play “The Rydberg discovery builds upon our leadership position in the Eastern Gulf of Mexico and its proximity to our other discoveries in the area make Rydberg particularly exciting.” said Marvin Odum, ...

Tags: Shell, Rydberg, discovery

Google Earth VR May Be The Killer App You've Been Waiting for

Nov 17, 2016

Google Earth is now available in virtual reality, which is comfortably the coolest thing to happen today. The beloved globe-exploring software can be downloaded from the Steam Store today for use on the HTC Vive. The high-end headset ...

Tags: Google Earth, App

Barry Callebaut to Expand Production Capacity at American Canyon Facility

Nov 9, 2016

Chocolate and cocoa products maker Barry Callebaut is expanding production capacity at its American Canyon facility with $20m investment. The facility expansion is in direct response to the increase in demand for chocolate in the American ...

Tags: Production Capacity, Canyon

Boulder Canyon to Reintroduce Turkey & Gravy and Pumpkin Pie Potato Chips

Oct 24, 2016

Boulder Canyon Authentic Foods to bring back its popular Thanksgiving meal-flavored potato chips. Turkey & Gravy and Pumpkin Pie kettle-cooked potato chips will be available at select grocers nationwide in 5-ounce bags with a suggested ...

Tags: potato chips, Boulder Canyon

Stone Canyon Sells Sci Ingredients to Green Plains

Oct 11, 2016

Stone Canyon Industries has sold SCI Ingredients and its wholly owned operating subsidiary, Fleischmann's Vinegar Company to Green Plains for $250m. Fleishmann’s Vinegar is being regarded as one of the largest producer of food-grade ...

Tags: Stone Canyon, SCI Ingredients, Fleischmann's Vinegar

Shell Divests Gulf of Mexico Assets for $425 Million Plus Royalty Interests

Sep 28, 2016

Deal marks progress against divestment target. Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100 percent of its record title interest in Gulf of Mexico Green Canyon ...

Tags: EnVen Energy Ventures, divestment target, agreement

Shell Announces Fort Sumter Discovery in Gulf of Mexico

Sep 28, 2016

Shell today announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 million barrels of oil equivalent (boe). Further appraisal ...

Tags: Fort Sumter, exploration discovery, deep water

Motiv Power Systems Opens New Headquarters in Foster City, California

Aug 24, 2016

Electric truck and bus powertrain manufacturer, Motive Power Systems has opened its new headquarters at 330 Hatch Drive in Foster City, California. The new headquarters gives the company room to grow and hire new employees, and continue ...

Tags: Motive Power Systems, new headquarters

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