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Sonoco's Net Sales Increase 11.2% in Q1
Apr 24, 2018Sonoco has reported net sales of $1.30bn for the first quarter of 2018, an increase of 11.2%, compared to $1.17bn from the last year’s quarter. Gross profits for the period stood at $250.6m, an increase of 12.4%, compared to $223m ...
Tags: Sonoco, Converted Products
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Nordson Sales Increase in First Quarter of 2018
Feb 24, 2018Nordson’s has reported sales of $550m in the first quarter of 2018, which is a 35% increase over the prior year’s first quarter. This change in sales included organic volume growth of approximately 19 percent, growth related ...
Tags: Nordson
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Evonik to Buy 3M's High-Concentrates Additive Compounding Business
Nov 30, 2017Evonik has agreed to acquire 3M’s high-concentrates additive compounding business for an undisclosed sum. Evonik will include the acquired operations in its interface and performance business line, which produces and markets ...
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Seoul Semiconductor's Quarterly Revenue Rises 14% to New Record
Oct 27, 2017For third-quarter 2017, South Korean LED maker Seoul Semiconductor Co Ltd has reported revenue of KrW305bn, up 14% on KRW267bn last quarter due to strong sales of its Acrich MJT, Wicop, UCD and filament LED products. Within the lighting ...
Tags: Semiconductor, LED
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Packaging Firm Sonoco's Net Sales Increases in Third Quarter of 2017
Oct 24, 2017Packaging firm Sonoco has reported an increase of 9.6% in its net sales in this year’s third quarter compared to the same quarter in the last year. The sales have been increased due to higher selling prices, as well as sales added ...
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Grief Net Sales Increases in Q3
Sep 1, 2017US-based industrial packaging company Grief has reported net sales of $961.8m for the third quarter ended 31 July 2017, compared to $845m in the same quarter a year ago. The firm reported a gross profit of $187.1m, compared to $176.5m in ...
Tags: Grief, industrial packaging
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WestRock Net Sales Increase in Q3
Aug 7, 2017US corrugated packaging firm Westrock has reported net sales of $3.69bn for third quarter ended 30 June 2017, compared to $3.59bn for the same period last year. Net incone was $328.1m in the quarter, compared to $92.3m in the year-ago ...
Tags: corrugated packaging, packaging
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Schweiter Technologies Sells SSM Textile Machinery Division to Rieter
Jul 11, 2017Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction simultaneously. SSM Textile Machinery (www.ssm.ch) is a ...
Tags: Schweiter, Textile Machinery
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McLaren 570s Spider Makes World Debut at Goodwood Festival of Speed
Jul 5, 2017McLaren Automotive has debuted new convertible Sports Series model, the 570S Spider, at Goodwood Festival of Speed in the UK. The 570S Spider is powered by 3.8 litre V8 twin-turbocharged engine connected to a seven-speed gearbox, that ...
Tags: McLaren, Automotive
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Packaging Services Provider Greif Reports Earnings of $0.67 Per Share
Jun 13, 2017Industrial packaging services provider Greif has reported a net income of $36m, or $0.61 per diluted share, for the second quarter of 2017, compared to $31.4m, or $0.53 per diluted share, for the same period in 2016. The company’s ...
Tags: Packaging, flexible products
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Frigoglass Sales Decreases in Q1 2017
May 26, 2017Frigoglass SAIC has announced unaudited results for the first quarter ended 31 March 2017 First Quarter 2017 Highlights Sustained growth momentum in Europe driven by increased sales to Coca-Cola bottlers and breweries Double digit ...
Tags: Frigoglass, bottler
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Simplo to Focus on Developing Industrial Products
May 16, 2017Lithium ion battery pack maker Simplo Technology will devote more resources to developing industrial products, such as those for electric bicycles, electric vehicles, medium-size servers and home-use electric appliances, company chairman ...
Tags: Lithium battery, battery pack
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Bemis' Global Packaging Net Sales Increases in Q1 2017
May 2, 2017Bemis Company has reported financial results for its first quarter ended 31 March, 2017. Initiatives to Improve U.S. Packaging Operations and Profitability As part of the Company’s efforts to improve the profitability of its U.S. ...
Tags: Packaging, Bemis Company
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Sonoco Reports First Quarter Results for 2017
Apr 24, 2017Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...
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LED Auto Headlight Prices Close to HID Models
Apr 11, 2017Prices for LED automotive headlights are decreasing to close to those for HID (high-intensity discharge) models, and therefore adoption of the LED solutions will grow fast, according to LED automotive lighting module maker Laster Tech. ...
Tags: LED automotive headlight, LED