For fourth-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $2.45m, more than halving from ...
Tags: Rubicon, Sapphire substrates
US-based pulp and paper company Georgia-Pacific has acquired Excel Displays & Packaging, for undisclosed amount. Excel Displays & Packaging designs and manufactures point-of-purchase displays, high-graphic retail packaging, in-store ...
Finland-based pulp and paper manufacturer Stora Enso is investing about €63m to strengthen its consumer board and biomaterials capabilities in China and Sweden. Of the total amount, the company will invest €31m in a new ...
Tags: Stora Enso, Investment, China, Sweden
Catalyst Paper reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million. This compares to adjusted EBITDA of $38.8 million ...
Tags: Catalyst Paper, EBITDA, Forth Quarter, Adjusted earnings
McLaren has announced plans to invest £1bn over the next six years as part of its ‘Track22’ Business Plan. The British company which just formed six years ago, says that this investment will go into research and ...
Tags: McLaren, Track 22 Business Plan, Investment
Nissan announced Nissan Intelligent Mobility vision at Geneva. This will guide Nissan product evolution, will anchor critical company decisions around how cars are powered, how cars are driven, and how cars integrate into society, all while ...
Tags: Nissan Lntelligent Mobility, The Geneva Show, Product evolution
The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
The Australian treasury has given its approval to the sale of the country's largest dairy farm Tasmanian Land Company (TLC) including Van Diemen's Land Company (VDL), to Chinese billionaire Lu Xianfeng's Australian arm Moon Lake Investments ...
Tags: VDL, Dairy Farm
General Motors has announced that it will produce Small Block 6.2L V8 engines for trucks and SUVs at the its Spring Hill manufacturing plant in the US. The company will invest $148m at the plant to modernize the flexible machining and ...
Tags: General Motors, V8 Engines
Xiaomi fell out of the top-2 smartphone vendors in China in the fourth quarter of 2015, but remained the region's top smartphone vendor in all of the year. According to IDC, Xiaomi continued to rank as the top smartphone vendor in the ...
Tags: Xiaomi, Huawei, smartphone
Commercial Vehicle Group announced that it will set up a new wire harness facility in Agua Prieta, Mexico. Commercial Vehicle Group (CVG) has announced the construction of a new wire harness facility in Agua Prieta, Mexico. This ...
US-based chicken producer Pilgrim’s Pride has announced to invest $190m in a strategic growth plan to expand production of Pilgrim’s Pierce Chicken brand. The growth plan, which was initiated in the fourth quarter of 2015, ...
Tags: Pilgrim's Pride, prepared foods
Armanino Foods of Distinction reported record sales and profits for the fourth quarter and year ended December 31, 2015. Net sales in the fourth quarter were $9,044,580, an increase of 16% from the $7,793,293 posted in 2014's fourth ...
Tags: Armanino Foods, domestic markets
Bosch Packaging Technology is reportedly planning to transfer tablet presses and coaters production from its Knowsley factory in the UK to Germany over competitive concerns. The move could result in the reduction of nearly 100 jobs at ...
Flowers Foods, Inc,producer of Nature's Own, Wonder, Tastykake, and other bakery foods, reported financial results for the company's fourth quarter and year ended January 2, 2016 and provided guidance for fiscal 2016. Reported results ...
Tags: Flowers Foods, EBITDA