For 2013, Rexam posted a 1% rise in sales to £3.9bn. Underlying profit before tax was up 4% to £372m. The group also hit 15.5% return on capital employed (ROCE), up on the 14.5% in 2012. Rexam’s total dividend is up 14% to ...
Uni-Select Inc., a distributor of replacement parts and paint products for motor vehicles in North America, announced that its subsidiary FinishMaster, Inc. completed the acquisition of the assets of Metro Paint Supplies Group, which ...
Tags: motor vehicles, paint products, Uni-Select
Barry Callebaut has purchased the remaining 51% stake in Tanzanian-based Biolands Group, its long-time supplier of certified cocoa beans from East and West Africa. With this development, 143 full-time employees at Biolands have joined the ...
Tags: Biolands Group, cocoa beans
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2013 of $331.7m, down 36% on 2012's $516m, with all of the firm's businesses experiencing down cycles. LED & ...
Tags: Veeco MOCVD MBE ALD, Epitaxial deposition, process equipment, Electrical
M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog, RF, microwave and millimeter-wave applications) has acquired Nitronex LLC of Durham, NC, USA, which designs and makes ...
Tags: GaN technology, MACOM
Eco-friendly vehicles distributor Green Automotive (GAC) is set to acquire American composite materials manufacturer Blackhawk Manufacturing in an agreement. Blackhawk manufactures composite materials at its two plants in Bloomington, ...
Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has closed the acquisition of Del Monte Foods' (DMF) Consumer Products business for $1.67bn. The acquired entity will now be renamed as Del Monte Foods (DMFI). The ...
Tags: Del Monte Pacific, US Food Unit
Australian flat steel producer BlueScope has announced that it has agreed to acquire the downstream long product rolling and marketing operations of Fletcher Building's Pacific Steel Group (Pacific Steel), based in Auckland, New Zealand. ...
Tags: Pacific Steel, flat steel
Toray Industries, Inc. has purchased approximately 400 acres of land for its future business expansion in Spartanburg County, SC. The Japanese company said it made the investment because it expects the United States to regain its ...
Packaging Corporation of America reported today fourth quarter record net income of $227 million, or $2.33 per share. Earnings included special items of $1.70 per share of income from the reversal of tax reserves related to alternative ...
Tags: Packaging Corporation, Packaging
Despite this, intellectual property rights can still be confusing to many in this field and often get overlooked. However, intellectual property can generate a significant commercial advantage for a company if effectively managed, without ...
Tags: Intellectual Property, Service
Retail analytics company Euclid announces the addition of three new executives to an already prestigious team. The company has hired a Chief Financial Officer (CFO), Chief Marketing Officer (CMO), and Senior Vice President (SVP) of ...
VF Corporation reported financial results for its fourth quarter and full year ended December 28, 2013. Fourth Quarter 2013 Review: Revenues rose 8 percent to $3.3 billion, compared with the same period of 2012, driven by ...
Technip awarded contract to supply proprietary furnace technology and services in Russia OJSC Kazanorgsintez renews its trust in Technip, the world’s largest ethylene licensor and contractor. Technip was awarded by Open Joint ...
Wolverine Worldwide reported financial results for both the fourth quarter and full year ended December 28, 2013. Full-year results include a full 52-week contribution from the Company's October 2012 acquisition of the Sperry Top-Sider, ...
Tags: Wolverine Worldwide, Apparel