No longer the mainstay of hand-humping early adopters, virtual reality is truly about to enter the big league. IMAX is raising $50 million to finance the next generation of visual entertainment, à la virtual reality. The media ...
Tags: VR Content, IMAX
Under Armour has hinted at plans to announce new tech hardware in early 2017. Following the launch of the UA HealthBox devices earlier this year, the apparel firm seems keen to add to its growing arsenal of fitness trackers, chest straps ...
Tags: Under Armour, Healthbox Hardware
The Hain Celestial Group has launched a new strategic platform Cultivate Ventures to invest in lifestyle brands, smaller portfolio brands and concepts as well as incubator opportunities. The company said that the investments should ...
Tags: Hain Celestial, Cultivate Ventures
Catalyst Paper reported significantly improved operating results for the quarter ended 30 September 2016 despite a non-cash impairment write-down of $186.4m on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting ...
Tags: Catalyst, non-cash impairment
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
Starbucks has unveiled its 2016 Holiday Red Cups to welcome the holiday season, which will feature designs created by customers. Since 1997, Starbucks has welcomed the holidays with a special red cup that celebrates the spirit of the ...
CTB announced that it has acquired the Volito Group, a designer and manufacturer of cage-free layer housing systems. The company has three locations in the Netherlands, including its headquarters in Veenendaal and manufacturing plants in ...
Tags: Volito Group, CTB
Our Little Rebellion, a family of non-GMO and gluten-free popped snacks, has unveiled its limited edition PopCorners Minis for the holiday season. A new, first-of-its-kind, mini version of the beloved PopCorners portfolio, PopCorners ...
Tags: PopCorners, Little Rebellion
Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
Flexible packaging converter American Packaging (APC) is planning to build a new $170m manufacturing plant in Monroe County, New York, US. Planned to be built on Beaver Road in the Town of Chili, the facility is scheduled to be ...
Tags: American Packaging, Packaging
KapStone Paper and Packaging Corporation reported results for the third quarter ended 30 September 2016. Third Quarter Operating Highlights Consolidated net sales of $777 million in the third quarter of 2016 were $31 million, or 4 ...
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
Ball Corporation reported, on a US GAAP basis, breakeven net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 on sales of $2.8bn, compared to $45m of net earnings attributable to the ...
Tags: Ball Corporation, Packaging
American whiskey producer Beam Suntory has opened a new barrel warehouse in Frankfort, located in the US state of Kentucky. The seven-story building is the first new barrel warehouse in Frankfort since 1968. Spanning over ...
Tags: Beam Suntory, whiskey
Ben E. Keith Company has acquired MenuMax, a recipe and menu management software company that provides innovative solutions for the foodservice industry. The sale was complete on November 1, 2016 and terms of the acquisition were not ...