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Koenig & Bauer Achieves Targets for 2017
Mar 26, 2018Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
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Simmons Prepared Foods to Build $300m Chicken Processing Plant in Arkansas, US
Sep 29, 2017US-based poultry producer Simmons Prepared Foods has announced an investment of $300m to build a new chicken operation facility in Benton County, Arkansas. Operations at the new chicken processing plant, located between Decatur and ...
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More FTA Deals in 2017
Jan 1, 2017China plans to seal free trade agreements with 40 percent of the countries and regions along the Belt and Road Initiative in 2017, officials said on Tuesday. The nation had already established FTAs or is in talks with 25 countries and ...
Tags: FTA, Belt and Road
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Ball Reports Positive Second Quarter 2016 Results
Aug 10, 2016Ball reported second quarter 2016 net earnings attributable to the corporation of $369m, or $2.54 per diluted share on sales of $2bn, compared to $160m of net earnings attributable to the corporation, or $1.13 per diluted share, on sales of ...
Tags: Rexam, Metal Beverage Packaging
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Riber's First-Half Revenue Rises 23% Year-on-Year, Driven by MBE System Sales
Jul 16, 2016Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported a 23% rise in revenue from €5.7m in first-half 2015 to €7m in first-half 2016, ...
Tags: Riber MBE, molecular beam epitaxy
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Kent Quality Foods to Spend $34.8m to Build New Food Processing Facility
May 16, 2016Michigan-based sausage and specialty meats producer Kent Quality Foods is building its second processing facility in Jamestown Charter Township, Michigan, with an investment of $34.8m. Kent Quality Foods president Steve Soet said: "The ...
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Crisis-Hit Toshiba to Announce Record Losses Amid Major Restructuring Push
Dec 22, 2015Toshiba Corp. said on Saturday its group net loss for the business year ending in March will far outweigh that of the previous year's and may top its record of 398.8 billion yen (3.29 billion U.S. dollars) logged in the year through March ...
Tags: Toshiba, Record Losses
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Toshiba to Slash 8,000 Jobs in Restructuring Plans, Record Losses Expected for FY 2015
Dec 22, 2015Scandal-plagued Toshiba Corp. on Monday unveiled wholesale restructuring plans in an aggressive move to return the ailing electronics firm to profitability which will include some 7,800 jobs being slashed from its workforce. The firm ...
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Tridonic Sells Signage Business to AgiLight
Dec 2, 2015Tridonic GmbH & Co KG, a leading manufacturer of LED lighting components and systems and part of the Austrian lighting company Zumtobel Group, has sold its LED signage business to U.S.A.-based AgiLight.. With the acquisition of ...
Tags: Tridonic, LED lighting, AgiLight
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Iran Unveils New Oil Contracts as It Seeks International Investment
Dec 2, 2015Iran unveiled its hotly anticipated new petroleum contracts to dozens of international oil companies in Tehran Saturday, and the first set of new tenders could be released by late January, a senior Iranian oil official said. The two-day ...
Tags: Oil, LNG, Iran Petroleum
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CEVA Logistics Awards Two New Contracts by Mazda in Australia
Jul 27, 2015CEVA Logistics, a supply chain firm, has been awarded two new contracts by Mazda in Australia that will make CEVA Mazda Australia’s sole national provider of transport services. Under the two new contracts, CEVA will manage the ...
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Kapstone Container Aims to Boost Its Business
Feb 2, 2015KapStone Container, a subsidiary of KapStone Paper and Packaging, is planning to boost its business, with an investment of $4.5m. The company is also adding 30 new jobs, with the entire project to include upgrades to the facility and ...
Tags: paper packaging containers, customer demand, Agriculture
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Brazil Exports 148,500 Tons of Cotton in October 2014
Nov 18, 2014In October 2014, Brazil exported 148,500 tons of cotton, which is the highest monthly volume in the last two years. “This might result in a higher volume of exports in the year, than the one forecasted up until now by Conab, at ...
Tags: cotton prices, Cotton Exports, Textile
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Pulse Flexible Has Successfully Consolidated Its Client Base
Oct 28, 2014Formerly part of Printpack Enterprises, the local management team, in conjunction with its pension trustees, completed the acquisition of the UK operations of the business in May. It recently purchased a new 1.5m, eight-colour press ...
Tags: Pulse Flexible, Growth, Printing
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Container Ships From China Are Diverting Through Canadian Ports
Aug 28, 2014PRINCE RUPERT, BC — Container ships from China, bound for the U.S., are diverting through Canadian ports to avoid delays from a looming strike at U.S. West Coast ports. According to Bloomberg, Prince Rupert and Vancouver ports have ...
Tags: Container Ships, Canadian Ports, Auto Parts