Ball reported second quarter 2016 net earnings attributable to the corporation of $369m, or $2.54 per diluted share on sales of $2bn, compared to $160m of net earnings attributable to the corporation, or $1.13 per diluted share, on sales of ...
Tags: Rexam, Metal Beverage Packaging
Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
VariBlend has purchased Hutt automatic fill and final assembly equipment to support the production of 20mm MiniMix beauty packaging product. As part of the partnership with Cosmax, VariBlend will install one of the HUTT systems at ...
Tags: Hutt Equipment, VariBlend
Tembec reported that consolidated sales for the three-month period ended 25 June 2016, were $376m, as compared to $365m in the same quarter a year ago. The Company generated net earnings of $9 million or $0.09 per share in the June 2016 ...
Packaging machinery supplier Bobst and BHS Corrugated have been awarded a contract by Mexican paper and packaging manufacturer Grupo Gondi to supply and install 11 new production lines. The contract scope includes purchase of two BHS ...
Tags: Packaging Equipment, packaging
By the end of 2016, more than half of all new automotive 77GHz radar systems worldwide will be equipped with chips from Munich-based Infineon Technologies AG, meaning that about one in 15 new cars will use a driver assistance system using ...
Taiwanese machine-tool builders generally enjoy robust revenue in May thanks to market recovery (photo courtesy of UDN.com).Mainly fueled by strong orders from downstream manufacturers in such sectors as automobiles, smartphones and ...
JAC won production qualifications of light trucks, middle trucks and engineering truck recently. JAC has transferred these three production lines to the Southwest basement. JAC has the production capability of engineering dumpers, ...
Tags: JAC, light trucks, middle trucks
Profits of China's major industrial firms rose 11.1 percent year on year in March, widening from a 4.8 percent growth in the Jan.-Feb. period, official data showed on Wednesday. The profits of major industrial companies with annual ...
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA
Pershing Square, a hedge fund run by investor Bill Ackman, has sold 20 million shares of US-based confectionery giant Mondelez International. Following the sale, the investor now owns only a 5.6% of the confectionery company. In a ...
Tags: Pershing Square, Bill Ackman, Mondelez
Standard Motor Products has announced the addition of 197 new part numbers to its Standard, Intermotor lines. The release expands coverage through the 2015 model year covering more than 60 million additional VIO. The highlight is the ...
Asustek Computer and Gigabyte Technology will increase motherboard retail prices in the China market in February to cope with potential foreign exchange losses arising from large fluctuations in exchange rate between the Chinese Yuan (CNY) ...
Tags: high-end models, motherboard