Company News
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Company News
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Amcor Tobacco Packaging is all set to shut down its US manufacturing facility in Danville
Apr 15, 2013Amcor Tobacco Packaging is all set to shut down its US manufacturing facility in Danville and is expected to lay off about 35 employees. Including the Danville location, Amcor operates four manufacturing plants in the US along with ...
Tags: Amcor, Box Manufacturing Plant, Packaging
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Esurance Launched a New Online Tool to Help Its Policyholders to Better Estimate effect
Apr 15, 2013Esurance, a US-based direct-to-consumer personal car insurance company, has launched a new online tool to help its policyholders to better estimate the impact of life events on car insurance premiums. Dubbed The What If Calculator, the ...
Tags: Esurance, Online Tool, Policyholders
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Manulife Financial Signed an Agreement with TELUS Health to Implement Its eClaims Platform
Apr 15, 2013Canada-based Manulife Financial has signed an agreement with TELUS Health to implement its eClaims platform to simplify and accelerate the submission and reimbursement of extended healthcare claims. Under the terms of the agreement, the ...
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Plymouth Rock Assurance Upgraded Its Online Quoting Portal to Better Serve Consumers
Apr 15, 2013Plymouth Rock Assurance, an automobile insurance company, has upgraded its online quoting portal to better serve Massachusetts consumers and agents. Originally launched in March 2011, the online quoting portal has been updated to enable ...
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AICO Is Expanding Its Home Furnishings Center Showroom to Showcase The New Mia Bella
Apr 15, 2013Full-line importer AICO is expanding its International Home Furnishings Center showroom here to showcase the new Mia Bella by Michael Amini line of contemporary leather upholstery. The 8,000-square-foot expansion will feature an "art ...
Tags: Furniture, Furnishing, AICO
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AICO Has Hired Martin Chapman for The Newly Director of Leather Development
Apr 15, 2013Martin Chapman Full line importer AICO has hired Martin Chapman for the newly created post of director of leather development. Chapman, who spent most of his career at LeatherTrend, will be involved in merchandising the Mia Bella by ...
Tags: Martin Chapman, AICO, Furnishing
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Eltete is all set to deliver PaperRoll-to-PaperPallet& APPA technology to Nagoya in Japan.
Apr 15, 2013Finnish company Eltete TPM Engineering is all set to deliver PaperRoll-to-PaperPallet & automatic paper pallet assembly (APPA) technology to Nagoya in Japan. According to the company, the capacity of the plant, which will be delived in ...
Tags: Eltete, Cartonboard Pallets, Packaging
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BP Has a Portfolio of 45 Major Upstream Projects That It Wants to Focus on to 2020
Apr 15, 2013BP has a portfolio of 45 major upstream projects that it wants to focus on to 2020, company CEO Bob Dudley said Thursday, following the company's unprecedented $38 billion asset sell-off program in the wake of the Macondo oil spill in 2010. ...
Tags: BP, CEO Dudley
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MMK Announced Its Financial Results for 2012 According to IFRS
Apr 15, 2013Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2012 according to International Financial Reporting Standards (IFRS). In 2012, MMK reported a net loss of $94 million compared to a net ...
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Corning Incorporated Announced Today an Accounting Change Relating to Expense
Apr 15, 2013Corning Incorporated (NYSE: GLW) announced today an accounting change relating to expense recognition for company-sponsored pension plans. The new method, adopted in the first quarter of 2013, will result in simpler, more transparent ...
Tags: Construction, Corning
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Toshiba Started Volume Production of SiC Power Devices
Apr 15, 2013In anticipation of growing demand for industrial and automotive applications, Japan’s Toshiba Corp has started volume production of silicon carbide (SiC) power devices at its Himeji Operations–Semiconductor plant in Hyogo ...
Tags: SiC Power Devices, Toshiba
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Osram Opto Semiconductors GmbH Is One of The Most Powerful IREDs
Apr 15, 2013Osram Opto Semiconductors GmbH of Regensburg, Germany reckons that its new infrared (IRED) Oslon black SFH 4716S is one of the most powerful IREDs on the market, with an optical output of 1030mW. With a beam angle of 150°, it provides ...
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Microsoft's Stock Took a Beating Over The Weekend
Apr 15, 2013Microsoft’s stock took a beating over the weekend after a pair of research firms said PC shipments in the first quarter were down as much as 14 percent from the year before. As of 4pm on Thursday, shares of Microsoft were down ...
Tags: Microsoft Stock, PC Shipments
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Linda Reinhard Has Been Appointed as New Vp for Business Development of GT
Apr 15, 2013GT Advanced Technologies has appointed Linda Reinhard as vice president, new business development and product management for the company's sapphire, DSS and HiCz products. Reinhard will report to Dan Squiller, GT's chief operating ...
Tags: LED industry, LED, GT
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Intematix Corporation Has Been Awarded a New U.S. Patent
Apr 15, 2013Intematix Corporation has been awarded a new U.S. patent. Patent 8,376,580 for LED based lightingsSystems is related to the firm's remote phosphor technology. This patent marks the 21st remote phosphor patent the company has received. ...
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