Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
Guardian Industries is investing in a new float and coated glass manufacturing facility in Czestochowa, Poland. The new plant will meet the increasing demand for float, coated and fabricated glass products across Europe. Located next to ...
Tags: Guardian Industries, Coated Glass
Dold Foods, the Hormel Foods' manufacturing plant in Wichita, Kansas, revealed its plans to add a 156,000 square-foot expansion to its location. The planned expansion will be to add more production lines for the Hormel Foods bacon items ...
Tags: Hormel Foods, Dold Foods Plant
The global market for photonic integrated circuits (PICs) reached $426m in 2016, and is expected to rise at a compound annual growth rate (CAGR) of 27.5% from $539m in 2017 to $1.8bn in 2022, according to BCC Research’s report ...
Tags: Integrated Circuit, PICs
Brynwood Partners VII has acquired Cold Spring Brewing Company from its current owner, the Lenore family, for an undisclosed amount. Located in Cold Spring, MN, Cold Spring is a leading beverage manufacturer that produces energy drinks, ...
Tags: Brynwood Partners, Cold Spring
Blue Pacific Flavors, an organic flavor and ingredient manufacturer has opened a new research and development laboratory, dubbed the Flavor Creation and Culinary Innovation Center. The lab handles all product development and flavor ...
Tags: Blue Pacific Flavors, organic food
Co-founder of Kids Industries Gary Pope talks the transition of TV advertising to digital. 65 years ago, the first TV ad for toys aired in the US: 45 seconds of advertising history that led to the sale of 100m Mr and Mrs Potato Heads. ...
Tags: Kids Industries
Green packaging and tissue products manufacturer Cascades is investing $80m to build a new containerboard packaging facility in Piscataway, New Jersey, US. The new center, which is due to start operations in 2018, will produce corrugated ...
Tags: packaging, tissue products
Packaging materials developer Tekni-Plex is expanding its Tekni-Films operations in Italy via an acquisition. The company acquired the self-adhesive tape substrate operations of Alfatherm SpA of Venegono Superiore (VA), Italy. The ...
Tags: Tekni-Plex, Adhesive Tape
Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...
H.I.G. Capital has divested its portfolio company Albertville Quality Foods to OK Foods, a subsidiary of Industrias Bachoco. Albertville is among the largest independent further processors of protein based products. The Company focuses on ...
Tags: OK Foods, H.I.G.Capital
Esko has organized the Flexible Packaging Honours Class, an initiative of the Graphical and Digital Media department of the Artevelde University College Ghent. Intended for ambitious and talented students at the top of their university ...
Tags: Flexible Packaging, Packaging
PepsiCo and The Recycling Partnership have agreed to work on a cross-sector approach to increasing recycling rates across America. The partnership will address the continued shortfall in US recycling rates. At present, still less than ...
Tags: PepsiCo, recycled PET
SunOpta has agreed to divest equipment used in the production of flexible, re-sealable pouches from its Allentown, PA facility to Skjodt-Barrett for $2m. The asset sale is in conjunction with the Company’s decision to discontinue ...
Tags: SunOpta, Pouch Products
Osram of Munich, Germany has made an investment (in the mid double-digit million euros range) to acquire a strategic 25.1% stake in LeddarTech Inc of Québec, Canada, which was founded in 2007 and has developed patented Leddar LiDAR ...
Tags: Osram, LiDAR sensing technology