Moretto, which provides automation technology for the plastic processing industry, is expanding its activities globally with the opening of three new branches in China, India and Russia. Three markets where Moretto’s technology has ...
Tags: Moretto, plastic processing
BMW said that it will build a fully electric version of the Mini in the UK at itsfacility in Oxford, England. The company will produce a new fully electric Mini 3 door variant. From 2019, BMW will start producing the fully electric Mini ...
Tags: BMW, Electric Mini Vehicle
Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
US-based packaging firm Sonoco has completed its purchase of flexible and forming plastic packaging films manufacturer Clear Lam Packaging for about $170m. Clear Lam Packaging, which was established in 1969, operates manufacturing plants ...
Tags: Sonoco, Lam Packaging
PAC Machinery, a US-based manufacturer of equipment and materials for the flexible packaging industry, will display around 20 packaging solutions at Pack Expo Las Vegas on 25-27 September, 2017. The firm will showcase its solutions at ...
Tags: PAC Machinery, Pack Expo 2017
For first-half 2017, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.5m, up 80% on €7m in first-half 2016, ...
For fiscal third-quarter 2017 (to end-June), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $900.8m, up 5.8% on $851.7m last quarter and up 20% on $751.7m a year ...
Tags: Skyworks, semiconductors
Lincoln Hill's newly formed portfolio firm Fibre Tec Packaging has acquired substantially all of the assets of Fibre-Tec Partitions. The Company was founded in 1997 and serves box manufacturers, packaging brokers, manufacturers, and ...
Tags: Lincoln, Fibre Tec Packaging
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
Sun Capital Partners' affiliate has closed the sale of Creekstone Farms Premium Beef to an unnamed supplier of premium USDA-certified beef and pork products. Terms of the private transaction were not disclosed. The choice of food lovers ...
Tags: Sun Capital, Beef
MPS Systems North America and Green Bay Packaging have inaugurated a new demo and applications technology center in Green Bay, Wisconsin, US. Located on Green Bay Packaging campus, the new center provides local press manufacturing, ...
Tags: Packaging, MPS Systems
Packaging and specialty products provider Supremex has acquired folding cartons supplier Staurt Packaging for $17.5m on a cash-free and debt-free basis. Supremex will pay an additional amount of about $2.1m in two years based upon ...
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that, for first-half 2017, it expects revenue of about £70m, reflecting increased sales in each of its three primary markets. “All business units have ...
Yamato Scale Dataweigh UK said it will showcase total weighing and checking solutions at the Processing and Packaging Machinery Association (PPMA) Total Show, which is due to be held in Birmingham this September. The company will ...
Tags: PPMA Total Show, Yamato
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods