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Lumileds Awarded $66m Damages in IP Theft Lawsuit Against ETI

Aug 20, 2018

On 10 August, a jury of six men and six women rendered a verdict in favor of LED maker Lumileds LLC of San Jose, CA, USA, finding that a Chinese competitor stole trade secrets related to Lumileds core technology for making high-power LEDs ...

Tags: LED, LED technology

Tyson Foods to Build $320m Chicken Plant in Kansas, US

Sep 8, 2017

Tyson Foods has unveiled plans to construct a $320m poultry complex in eastern Kansas. A processing facility, hatchery and feed mill will be built near the city of Tonganoxie, in Leavenworth County, Production is anticipated to begin ...

Tags: Tyson Foods, fresh chicken

Ohio Pack to Build New Manufacturing Facility in US

Apr 28, 2017

Ohio Pack is set to invest around $25m to develop a new manufacturing facility in Heath, Ohio, US. The new 135,000ft² facility will be constructed on a 20-acre site in the southern end of the Heath-Newark-Licking County Port ...

Tags: Ohio Pack, plastic film

Ford Selects Oracle HCM Cloud to Manage Team Experience

Mar 1, 2017

Ford Motor has selected Oracle's HCM Cloud Suite to help improve the employee and manager experience. Traditionally, businesses have used multiple platforms to manage their HR needs. Today, the cloud has changed this as companies seek a ...

Tags: Ford, HCM Cloud Suite

Kush Bottles Reports Q1 Fiscal 2017 Results

Jan 17, 2017

Kush Bottles, a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, reported financial results for its first fiscal quarter ended 30 November 2016. First Quarter Fiscal 2017 Financial ...

Tags: Kush Bottles, packaging

KBA-Sheetfed Reports Increased Revenue in First Nine Months of 2016

Nov 14, 2016

In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...

Tags: KBA-Sheetfed, good net liquidity

CIEH Rolls out Food Fraud Good Practice Guidance

Nov 10, 2016

The food and drink industry is being urged to better protect itself from fraud in order to safeguard their businesses and consumers. The warning comes from the Chartered Institute of Environmental Health (CIEH) on the same day the ...

Tags: Fraud Good, CIEH

Beam Suntory Inaugurates New Barrel Warehouse in Kentucky, US

Nov 10, 2016

American whiskey producer Beam Suntory has opened a new barrel warehouse in Frankfort, located in the US state of Kentucky. The seven-story building is the first new barrel warehouse in Frankfort since 1968. Spanning over ...

Tags: Beam Suntory, whiskey

Tyson Foods to Invest $27m to Expand Council Bluffs Case-Ready Facility

Oct 11, 2016

Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...

Tags: Tyson Foods, investment, expansion

Finisar Quarterly Revenue Grows a More-Than-Expected 7%, Driven by 22% Growth in 100g Datacom Transceivers

Sep 13, 2016

For its fiscal first-quarter 2017 (ended 31 July 2016), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $341.3m, up 7.1% on $318.8m last quarter and up 8.7% on $314m ...

Tags: Finisar, revenue

Cherkizovo Group Announces Financial Results for First Half of 2016

Aug 30, 2016

Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, announces its unaudited consolidated IFRS results for the period ending June 30, 2016. Second quarter financial highlights Revenue increased by 9% ...

Tags: Cherkizovo Group, financial results

Finisar's Growth in 100g Datacom Transceivers Outweighs Drop in Legacy 10g Telecom Products

Jun 23, 2016

For fiscal fourth-quarter 2016 (ended 1 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $318.8m, down slightly on $320m a year ago but up 3.1% on $309.2m last ...

Tags: Finisar Corp, datacom product

Oclaro Reports 100g Revenue Growth for Fourth Consecutive Quarter, up 94% Year-on-Year

May 9, 2016

For its fiscal third-quarter 2016 (to 26 March), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $101.1m, up 7.4% on $94.1m last quarter (a third ...

Tags: Oclaro, modules

GigOptix Reports Record Revenue and Gross Margin in Q4/2015

Feb 14, 2016

For fourth-quarter 2015, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported a seventh consecutive quarter of revenue ...

Tags: analog semiconductor, optical communications

Ukraine Approves Tax Reform Required by IMF

Dec 25, 2015

The Ukrainian Parliament on Thursday passed a bill amending the country's tax code system, thus fulfilling one of the key requirements set by the International Monetary Fund (IMF) to continue allocation of financial aid to the eastern ...

Tags: Tax Reform

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