Customer engagement solutions provider YPB Group has signed a master supply agreement (MSA) with Australia’s natural health brand Blackmores for the supply of YPB’s full range of products and services. As per the two-year MSA, ...
Tags: Blackmores, packaging
Bosch is planning to invest nearly EUR400m in the US over the course of the current year, about one-fifth more than in 2015. Bosch’s headcount is also expected to rise, from 17,800 associates at present to more than 18,800 by early ...
Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...
Tags: Frozen Food, Bellisio Foods
Quality Custom Distribution (QCD) has announced the purchase of the assets of Mile Hi Specialty Foods to form QCD Rocky Mountain. The new business includes distribution centers in Denver, Colorado, Kansas City, Missouri, and satellite ...
Tags: Quality Custom, Specialty Foods
Toyota Research Institute (TRI) today announced that it will join forces with the Open Source Robotics Foundation (OSRF) and its newly-formed for profit subsidiary Open Source Robotics Corporation (OSRC) to expand the development of both ...
Tags: Toyota, Open Source Robotics
Sonoco, one of the diversified global packaging companies, reported financial results for its third quarter, ending 2 October 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with ...
A jury returned a unanimous verdict in favor of Playboy Enterprises against Play Beverages and CirTran Beverage, awarding Playboy $7m in damages. Iehab Hawatmeh is a principal of the defeated Play Beverages and CirTran Beverage, as well ...
Tags: Cirtran Beverage, Play Beverages
International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...
Orchids Paper Products Company reported results for the third quarter of 2016. Third Quarter 2016, relative to Second Quarter 2016 Net sales of converted product decreased 3% primarily due to increased competitive pressures and ...
Tags: Orchids Paper Products
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Austria-based Schur Flexibles Group has signed an agreement to acquire majority stake in the Dutch company Drukkerij Zwart for undisclosed amount. Drukkerij Zwart is engaged in developing and producing packaging products for the food ...
Tags: Packaging, Drukkerij Zwart
Brooklyn Brewery is planning to construct a $80m craft beer plant at the Stewart Industrial Park near Newburgh, Orange County, US. Commissioners of the Port Authority are expected to give their final approval for a 60 year lease of 18.9 ...
Tags: Brooklyn Brewery, Craft Beer
Daibochi Flexibles, a wholly-owned subsidiary of Daibochi Plastic and Packaging Industry, has signed a memorandum of agreement (MOA) with Myanmar Smart Pack Industrial Company to tap into the growing consumer packaging market. As part of ...
Tags: Daibochi, Smart Pack, Flexible Packaging
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
Australia’s Nutrano Produce Group has entered into an agreement to acquire Seven Fields and Abbotsleigh Group businesses to strengthen its position in the fresh produce sector. However, the financial details of the transaction were ...
Tags: Fruit Producers, Nutrano Produce