Portola Packaging has announced an investment of $12m in its Kingsport, Tennessee and Tolleson, Arizona facilities in the US to accommodate increasing market demand for its hot-fill and aseptic beverage closures. The latest investment, ...
Tags: Portola Packaging, investment, aseptic beverage closures
Portola Packaging has announced plans to invest $12m in its facilities in Kingsport, Tennessee, and Tolleson, Arizona, in order to address the growing demand for its dairy containers as well as hot-fill and aseptic beverage closures. The ...
Tags: Portola Packaging, dairy containers, hot-fill, aseptic beverage closures
Gastonia, N.C.-based Sans Technical Fibers LLC (STF) — a manufacturer of nylon 6,6 filament and yarns, and a wholly-owned subsidiary of South Africa-based AECI Ltd. — will invest $10 million to increase nylon manufacturing ...
Tags: STF, Nylon Manufacturing Capacity, Textile
Just at the end of the year, Voith has again been successful in securing contracts in its small hydro business in South America: There, the company has been awarded to contracts for the erection of hydro power plants in the small hydro ...
Tags: Small Hydro Segment, hydro unit, turbines
US Steel reported Tuesday a Q4 net loss of $50 million, following a $44 million profit in Q3 2012. In Q4 2011, US Steel incurred a net loss of $211 million. For full-year 2012, US Steel reported a net loss of $124 million compared to a net ...
Tags: Steel Reports, Steel company, Steel industry
Andritz Energy & Environment has selected IDE Technologies Ltd’s Mechanical Vapor Compression units to meet a Chilean power plant’s increased capacity needs. IDE says that the two additional Mechanical Vapor Compression (MVC) ...
Tags: Andritz Energy&Environment, IDE Technologies, power plant
US-based Elite Pharmaceuticals has announced that it is currently using and shipping packaged product from its 15,000ft2 expanded facility. Elite Pharmaceuticals chairman & CEO Jerry Treppel said shipping packaged product and ...
SkyCargo, the freight division of Emirates, one of the world’s fastest growing international airlines, has significantly boosted its total cargo capacity and expanded its dedicated freighter network with the addition of three new ...
Tags: SkyCargo, Emirates, international airlines
Oracle has launched a set of infrastructure-as-a-service (IaaS) systems that companies can run in-house and pay for on a monthly basis, a project the company announced at OpenWorld in September. Oracle is not pitching the IaaS offers as ...
Tags: Oracle, OpenWorld, cloud service, company news
Oracle has launched a set of infrastructure-as-a-service (IaaS) systems that companies can run in-house and pay for on a monthly basis, a project the company announced at OpenWorld in September. Oracle is not pitching the IaaS offers as ...
Tags: Oracle, IaaS systems, AWS
Bermuda-based RenaissanceRe has established a new Bermuda domiciled special purpose insurance vehicle, Upsilon Reinsurance II (Upsilon Re II), to offer additional capacity to the reinsurance market worldwide. The new special purpose ...
Tags: Renaissancere, Special Purpose Insurance, Insurance, Service
The UK government has set solar and biomass subsidy levels for the next five years, and says building-mounted solar PV projects will receive higher rates than ground-mounted projects over the 2013-2017 period. For the building-mounted ...
Tags: Solar PV Subsidies, Solar, solar PV projects, PV
Expressing concern about looming gas deliverability problems and diminished electric reliability, representatives of the US manufacturing sector on Thursday called on the Federal Energy Regulatory Commission to initiate an in-depth analysis ...
Tags: gas, electric, pipeline capacity, infrastructure issues
Alterra Capital Holdings, a provider of insurance and reinsurance products, has increased its total capital committed to New Point V Limited to $247m. The sidecar vehicle was established by the company in June 2012 with a capital of ...
Tags: insurance and reinsurance products, sidecar vehicle, additional capacity
Several collision repair groups have announced new acquisitions and shop openings recently. Gerber Collision and Glass, a subsidiary of the Boyd Group, has announced the opening of another Florida repair center. The shop, which Gerber has ...
Tags: collision repair groups, new acquisitions, shop openings