Konica Minolta has established new European professional print division to reflect the increasing importance of the industrial and commercial printing sectors. The company appointed Charles Lissenburg as general manager for the new ...
Tags: Konica Minolts, printing
Georgia-Pacific has announced that its Palatka, Florida, mill has been selected as the location for the company's previously announced investment of more than $400m in its GP Consumer (retail) tissue and towel business. The investment ...
Specialty biaxially oriented polypropylene (BOPP) films manufacturer Treofan is investing around $45m in a new orientation line at its Americas facility in Zacapu, Mexico. The five-layer and 10.4m orientation line will help to enhance the ...
Tags: BOPP films, packaging
The market for global diamond materials for semiconductor applications will rise at a compound annual growth rate (CAGR) of 19.26% over 2017-2021, forecasts a report by Technavio. Diamond materials for semiconductors are crystalline or ...
Tags: Diamond, diamond materials
Nestlé USA has forayed into the direct-to-consumer (DTC) prepared meals business by acquiring a minority stake in Freshly. The Nestle subsidiary was the leading investor in a $77m funding round in the DTC healthy prepared meals ...
Tags: Nestle, Prepared Meals
Nestlé is considering a sale of its US confectionery business, which includes brands such as Butterfinger, Baby Ruth and Crunch chocolate bars. The food and beverage giant is exploring strategic options, which would pertain to only ...
The global UV LED market will increase from $288m in 2017 to $526m in 2020 while it rises at a compound annual growth rate (CAGR) of 34% during 2015-2020, projects LEDinside (a division of TrendForce). UV LEDs are used particularly in ...
Tags: UV LED, LED package
Precision has acquired Meyer Industries, a manufacturer of conveyor systems and equipment for the food processing industry. Meyer has earned a reputation for the ability to provide customized solutions to its customers including high ...
Tags: Precision, Meyer Industries, food processing
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Coding and labelling solutions provider Interactive Coding Equipment (ICE) has appointed three new sales engineers to support business growth across the UK. The recruits, which have together amassed over 65 years of industry experience ...
Tags: Coding Equipment
RCMA Group is investing £25m to build a new rapeseed processing plant in Atherstone on Stour, near Stratford-upon-Avon in the UK, creating more than 30 local jobs. The new facility will be operational in the autumn of 2017 to ...
Tags: RCMA Group
American Packaging has broken ground on a new 350,000ft2 manufacturing facility in Monroe County, New York. The company is investing around $170m to develop the facility, which will allow to create up to 260 permanent jobs, in addition to ...
Tags: Packaging, packaging converter
Molson Coors Brewing has agreed to import, market and distribute Heineken's Sol beer brand in the US. Heineken and Molson Coors Brewing have signed a 10-year import agreement, which offers both brewers an opportunity to focus on important ...
Tags: Molson Coors, Beer
Asia Pulp & Paper (APP) has introduced two new products for the Mexican marketplace. The products include Paperline photocopy grade for the 70 GSM market and a new food packaging portfolio, Foopak. APP said Paperline will be available ...
US Foods has agreed to acquire F. Christiana, a Louisiana-based food service and retail distributor for an undisclosed price. F. Christiana focuses on the major center-of-the-plate categories along with dairy and dry goods. A ...