Toyota has broken ground on Toyota Motor Manufacturing de Guanajuato (TMMGT), its fifteenth manufacturing facility in North America. TMMGT will produce Corolla, the top selling car in the world, beginning in 2019, and will employ ...
Tags: Toyota, Manufacturing Plant
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
Polaris Industries has completed the acquisition of TransAmerican Auto Parts (TAP), a manufacturer, distributor and retailer of off-road jeep and truck after market accessories for $665m. Polaris expects the TAP acquisition to contribute ...
Tags: Polaris, Auto Parts
United Natural Foods (UNFI) announced that its president and CEO Steven Spinner, was appointed chairman of UNFI’s Board of Directors, effective following the Company’s Annual Meeting of Stockholders in December 2016. Mr. ...
Tags: United Natural Foods, Spinner
US-based Berlin Packaging has closed the acquisition an Italian company Bruni Glass to expand its presence in European glass markets. The combined company is expected to have annual sales in excess of $1.2bn by the end of 2016 and a ...
Tags: Berlin Packaging, Bruni Glass
Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
Australian packaging company Amcor has acquired China-based Hebei Qite Packing for around RMB185m ($28m). The acquisition will allow Amcor to expand its flexible packaging operations in the Northern China region. Hebei Qite, which ...
VPK's parent company in Oudegem, Belgium, has a new, ultra-modern machine. The case maker Martin 924 produces American boxes with 6-colour printing in a single pass. This means an increase in the total corrugated packaging capacity of 5 ...
Tags: VPK, Packaging, Case Maker
The Association of Official Analytical Chemists (AOAC) has approved KeVita-backed testing methodology for alcohol levels in kombucha. The Gas Chromatography with Flame Ionization Detection (GC-FID) method achieved a unanimous vote for ...
Tags: Alcohol Levels, AOAC
WestRock Company, a provider of differentiated paper and packaging solutions, announced results for its fourth quarter and fiscal year ended 30 September 2016. Fourth Quarter 2016 Highlights Recorded a loss of $0.34 per diluted share ...
Tags: WestRock, paper packaging
Kush Bottles, a supplier of packaging supplies, accessories, and branding solutions for the legal cannabis industry, reported financial results for its fiscal year ended 31 August 2016. Fiscal Year 2016 Financial Highlights Kush Bottles ...
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SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
Australian rigid and flexible packaging products provider Amcor has closed acquisition of plastic blow molding operations of the US-based packaging firm Sonoco Products for $280m. As part of the deal signed earlier, Amcor has purchased ...
Tags: flexible packaging, Amcor
Mazda Motor said it sold a record 775,000 vehicles in the first half of its 2016-17 fiscal year, slightly more than the previous record set last year. Europe contributed 123,000 units, up 12% year-on-year thanks above all to robust sales ...
Tags: Mazda, Mazda Motor
Chocolate and cocoa products maker Barry Callebaut is expanding production capacity at its American Canyon facility with $20m investment. The facility expansion is in direct response to the increase in demand for chocolate in the American ...
Tags: Production Capacity, Canyon