California-based packaging containers and trays manufacturers Plastic Package will invest about $1.37m to locate its manufacturing operations in Indiana. The expansion which will include equipping a 20,000 ft2 facility in La Porte will ...
Tags: Plastic Package, Indiana, Packaging
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Big O Tires LLC executives discussed strategic plans, shared operational updates and honored top-performing franchise locations at its 2014 convention. More than 750 franchise owners, managers and corporate staff attended the three-day ...
Tags: Auto Parts, Tyre, Tire
Snyder's-Lance has completed the acquisition of Baptista's Bakery, a producer of baked snack foods and 'better for you' snacks. The deal was originally announced on 7 May 2014. Financial details of the acquisition have not been disclosed. ...
Tags: Bakery, snack foods
The group reported good performances at both Argos and Homebase, with both businesses delivering positive like-for-like sales growth throughout the year. Sales were up 3% at £5,663m, while cash gross margin was up 2% to ...
Tags: Furniture, Furnishing
The Adidas Group has appointed Mark King, who had been TaylorMade-Adidas Golf's CEO, as president of Adidas Group North America effective June 1, 2014. King succeeds Patrik Nilsson, who has decided to leave the company for personal reasons ...
Tags: Adidas, Sporting Goods, Recreation
Flint Group is a leading global supplier of inks and other print consumables such as flexographic printing plates, blankets, image transfer products and chemicals for press rooms, to the packaging and the print media industries. The ...
Bed Bath & Beyond Inc. announced the promotion of Eugene A. Castagna, previously the Company's Chief Financial Officer and Treasurer, to the role of Chief Operating Officer. Susan E. Lattmann, formerly the Company's Vice President – ...
Tags: Bed Bath, Textile, Management Team
Crocs Inc. reported a loss of $66.9 million in the fourth quarter, partly due to $49.2 million in non-recurring restructuring charges. Revenues increased 1.6 percent. Fourth Quarter and Full Year Financial Highlights: GAAP revenue ...
Tags: Restructuring Charges, Crocs, Revenue, GAAP
Crocs, Inc. announced that Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company. Crocs also said late on Sunday that John McCarvel, its CEO, plans to retire in ...
Tags: Crocs, Blackstone Group LP, investment, John McCarvel, retirement
The International Warehouse Logistics Association (IWLA) Board of Directors has announced that Steve W. DeHaan, CAE, is the organization’s new president & CEO. DeHaan brings a long history of successful advocacy campaigns and ...
Harvard Engineering has sold a minority shareholding for an undisclosed sum to private equity company ECI Partners to fund its future growth strategy. The Wakefield company says the investment will allow it to further build on its ...
Valen Analytics, a provider of proprietary data, analytics and predictive modeling to help insurance carriers manage and drive underwriting profitability, today announced the availability of Manage within the InsureRight Platform for ...
Tags: Valen Analytics, Insurance
Combined with a more favourable sterling to euro exchange rate, this “good growth” is projected to lead higher revenue for the period to 30 September, RPC said in its pre-close trading update. The rigid plastics packaging firm ...
Tags: Coffee Capsules, RPC
The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals