Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
Flowers Foods has announced an improved organizational structure aimed to provide greater focus on the company strategic objectives under Project Centennial, stress brand growth and innovation in line with a national branded food company, ...
Tags: Flowers Foods, Snacking
Supply chain management solutions provider UPS and packaging firm Sealed Air have opened a new packaging innovation center in Louisville, Kentucky, US. Situated on the UPS supply chain solutions campus near the Worldport facility, the new ...
Eastside Distilling has acquired a controlling stake in Big Bottom Distilling (BBD), a Hillsboro, Oregon-based distiller of super premium gins, whiskeys, brandies, rum, and vodka. BBD was founded by Ted Pappas, a past president of the ...
Tags: Eastside Distilling, whiskeys
Libbey, one of the largest glass tableware manufacturers in the world, has reported results for the first quarter ended 31 March 2017 Net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency ...
Tags: glass tableware, tableware
Lux Global Label has purchased certain assets from Pennsylvania-based global package printing firm National Label for an undisclosed price. Lux Global Label is a newly formed holding company backed by private equity company Resilience ...
Tags: Lux Global, package
Grupo Bimbo has acquired Groupe Adghal, a Morocco-based producer and distributer of baked goods. With sales rising to around 11 million dollars and a 20-year track record, Adghal represents Grupo Bimbo’s gateway to a new market. ...
Tags: Grupo Bimbo, Adghal, baked goods
ICSH Parent, the parent company of Industrial Container Services, has announced that it has been acquired by funds advised by Centerbridge Partners, a leading private investment firm. Prior to this transaction, ICS was owned by affiliates ...
San Michel, one of Malta’s leading table water brands, has recently extended the range of bottle sizes available through the launch of a new handy mini size 33cl bottle. “Following the very positive feedback we received when ...
Tags: San Michel, table water
A phenomenon described by one expert at “screen fatigue” could be to blame for declining ebook sales, as printed books see a significant jump in revenue. The Publishers Association has released new figures that reveal a stark ...
Tags: ebooks, printed books
For first-quarter 2017, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €9.2m, up dramatically from €1.4m a year ago. ...
Tags: MBE systems, effusion cells
Sedans have always held an important place in the automotive market, especially if it’s the Chinese market that we are speaking about. The world’s biggest automotive market, China, offers immense potential to automakers to ...
Tags: automotive market, BMW
Drinks giant Heineken reported an organic rise in beer volumes of 0.5% in Europe and 5.4% in Asia Pacific in the first quarter of this year. The increase in sales was unexpected for this year’s first quarter and it was more than the ...
Huhtamaki, a global specialist in packaging for food and drink, has changed the name of its Molded Fiber business segment to Fiber Packaging. The new name is taken into use as of April 27, 2017. Although the name change implies no ...
Tags: Huhtamaki, Molded Fiber
Qualcomm has announced that Windows 10 laptops running on its Snapdragon 835 chipset won't be arriving until late-2017. Microsoft revealed last year that it would start supporting ARM processors with Windows desktop apps, but it seems ...