Global packaging firm Sonoco has purchased a 6-color direct-to-sheet digital printing press to produce point-of-purchase displays and other promotional packaging. The press allows brand owners to respond rapidly to a dynamic retail and ...
Sonoco has reported net sales of $1.30bn for the first quarter of 2018, an increase of 11.2%, compared to $1.17bn from the last year’s quarter. Gross profits for the period stood at $250.6m, an increase of 12.4%, compared to $223m ...
Tags: Sonoco, Converted Products
Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...
Tags: packaging, label industries
CCL Industries, a provider of specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, has reported record fourth quarter and annual financial results for 2017. ...
Tags: CCL Industries, packaging
India holds a dominant position in the diamond industry, coming closer than any other market to spanning the entire pipeline. Besides its extensive rough and polished trade, it has made a name for itself in jewelry-making, diamond-cutting ...
Tags: diamond industry, diamond
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
International technology firm Andritz has been awarded a contract to upgrade stock preparation line of PM1 machine at Mariysky Pulp and Paper Mill, in Volzhsk, Russia. Under the contract, Andritz will upgrade the existing stock ...
Tags: PM1 machine, Pulp
Metrology and inspection equipment maker Lasertec Corp of Tokyo, Japan has launched the GALOIS defect inspection and review system series, designed specifically for the inspection and analysis of gallium nitride (GaN) wafers. The firm is ...
Tags: Metrology, inspection equipment
For third-fiscal 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $131.9m, up 15% on $115.1m last quarter and up 54% on $85.5m a year ago, marking the first full ...
Tags: LED market, LED Lighting
For fiscal first-quarter 2018 (to end-September 2017), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $155.6m (split about 48%:52% between ...
Tags: components, modules, optical communications
UPM Paper ENA has announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, US in a bid to reduce graphic paper capacity. The closure plan comes as the firm seeks to reduce its the annual coated paper production ...
Tags: UPM Paper ENA, graphic paper
Littlejohn & Co has signed a definitive agreement to acquire Strategic Materials, Inc., a leading environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial ...
Tags: glass recycler, bead
US Representative Frank A. LoBiondo said that the Cumberland County Improvement Authority (CCIA) has been awarded a $2.5m grant from the US Economic Development Administration (EDA) to build a Food Industry Commercialization Center near the ...
Tags: LoBiondo, Food Industry
Konica Minolta has launched AccurioLabel 190 full-digital toner press for the European market. Shipping of the AccurioLabel 190 full-digital toner press, developed and manufactured in cooperation with Danish company Grafisk Maskinfabrik ...
Tags: Konica Minolta, Toner Press
Gogoro Inc, a Taiwanese-based venture-backed company that develops and sells electric scooters and battery swapping infrastructure, has raised another US$300 million (NT$9 billion) as it looks to further expand to new regions and product ...
Tags: electric scooters, battery