Company News
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Company News
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Net Income of AVX Increased 24% to $127 Million
May 8, 2014Greenville-based AVX Corp. said net income for its fiscal year ended March 31 increased 24% to $127 million, up from $102.1 million the prior year. The prior-year figure excludes a $266 million chargeThe amount of electricity present upon ...
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iGuzzini Has Announced a Turnover of Almost EUR 200 Million for The 2013 Financial Year
May 8, 2014iGuzzini has announced a turnover of almost EUR 200 million for the 2013 financial year – an increase of 8 per cent compared to 2012. EBITDA at the Italian manufacturer (earnings before interest, tax, depreciations and amortization) ...
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Cree Has Announced Revenue of $405.3 Million for Its Third Quarter
May 8, 2014Cree has announced revenue of $405.3 million for its third quarter of the 2014 financial year, ended March 30, 2014. This represents a 16 per cent increase compared to revenue of $348.9 million reported for the same time last year. ...
Tags: Cree, LED Lighting
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Food Cans Are Preferred by Consumers When Compared with Other Packaging Formats
May 8, 2014According to the latest research from The Can Manufacturers Institute (CMI), food cans are preferred by consumers when compared with other packaging formats. The findings show that cans help families enjoy nutritious meals and ...
Tags: Food Cans, packaging formats
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Amcor Agreed to Acquire Indonesia-Based Flexible Packaging Business Bella Prima Packaging
May 8, 2014Australia-based packaging company Amcor has signed an agreement to acquire Indonesia-based flexible packaging business Bella Prima Packaging for around A$27m ($25.1m). According to Amcor, the purchase price represents seven times CY2013 ...
Tags: Flexible Packaging, Amcor
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Undrape New Truck with Low Entry Cab
May 8, 2014Swedish automobile manufacturer Volvo Trucks has expanded its portfolio with the introduction of a low-entry variant of Volvo FE for Euro 6, the Volvo FE LEC (Low Entry Cab). The revamped truck features a low entry cab with flat floor ...
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Provide New Technology for CNG Trucks
May 8, 2014Quantum Fuel Systems Technologies Worldwide has signed a long-term agreement with Ryder System for the purchase and supply of complete compressed natural gas (CNG) fuel systems for trucks. With the agreement, Ryder will purchase ...
Tags: CNG Trucks, Ryder, Quantum Fuel Systems
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Austin Will Host Its Festive Cinco De Mayo Celebration
May 8, 2014Drinks Americas, the exclusive United States broker for leading premium authentic Mexican beers currently present in over 34 states, today is excited to announce that Fuddruckers Austin will host its festive Cinco de Mayo celebration ...
Tags: Craft Beer, beers
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The Truvia Business Announced That It Has Met Its 2015 Sustainability Goals Ahead of Time
May 8, 2014The Truvia business announced today that it has met its 2015 sustainability goals ahead of time. In 2010, the Truvia business made a number of sustainability pledges. Commitments include: To reduce its carbon footprint by 50% in 2015 ...
Tags: Truvia business, sweetener
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Seafood Company Matlaw's Has Introduced a New Brand and Products That Easy to Prepare
May 8, 2014American seafood company Matlaw's has introduced a new brand and a full range of new products that are quick and easy to prepare. Products now available under the new brand include New England Style Stuffed Clams, Bacon & Cheese ...
Tags: Product Line, Matlaw
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D&W Fine Pack Is Launching New Versalock Tamper-Evident Packaging Line
May 8, 2014D&W Fine Pack, a leader in the food packaging industry, is launching its new VersaLock tamper-evident packaging line featuring an advanced corner-tab design. VersaLock's corner tab indicates tampering while its tight perimeter seal keeps ...
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A Temporary Ban on Imports of British Cheese Was Imposed by Chinese Govt.
May 8, 2014China has imposed a temporary ban on imports of British cheese following complaints from food inspectors on hygienic standards at an undisclosed UK dairy. The Chinese officials, who are visited dairy plants, were reportedly ...
Tags: British cheese, food inspectors
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NPI Begin to Manufacture Gummy Supplements Locally at Its Advanced Facility in Florida
May 8, 2014Nature's Products (NPI), consumer healthcare products contract manufacturer, has announced that it will begin to manufacture gummy supplements locally at its state-of-the-art facility in Sunrise, Florida. Up until now, the company has ...
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Hershey's Will Extend The Program to All Cocoa-Growing Regions in Ghana
May 8, 2014North Amercian chocolate maker Hershey’s is launching Phase II of its HERSHEY LEARN TO GROW program, a move which will extend the program to all cocoa-growing regions in Ghana. The move comes 18 months after the launch of the ...
Tags: Cocoa Program, chocolate
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Hillshire Brands Has Reported a 3.4% Rise in Its Q3 2014 Net Sales to $955m
May 8, 2014American food company Hillshire Brands has reported a 3.4% rise in its Q3 2014 net sales to $955m, compared to $924m in the same quarter a year ago. The increase in sales is attributable to positive price/mix in both the Retail and ...
Tags: Hillshire Brands, food company
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