CCL Industries, a provider of label and packaging solutions for global corporations, small businesses and consumers, has acquired the assets of Brazil-based privately owned Powerpress Rotulos & Etiquetas Adesivas (Powerpress) for $10.25m. ...
Tags: CCL Industries, Powerpress, packaging
Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...
Tags: Ford Motor, OPEB Plans
The global notebook market will face more uncertainty in 2016 as Xiaomi Technology and Huawei will debut in the mature market, and Samsung Electronics has also renewed its interest in it, according to industry sources. As the global ...
Tags: notebook market, Xiaomi, smartphones
Huawei and ZTE are building up their presence in Colombia, counting on the quality of their products to attract local consumers. The two Chinese tech giants are now mainstays in the Latin American country thanks to their smartphone and ...
Tags: Huawei, ZTE, Colombian Market, cellphone
First Milk has agreed to sell its Glenfield Dairy business to Graham's The Family Dairy. The financial details of the transaction have not been disclosed. The Glenfield Dairy sale is intended to allow First Milk to focus on its hard ...
Tags: First Milk, Glenfield Dairy, Family Dairy
German lighting giant Osram announced it will be spinning off its general lighting business including general LED lighting into an independent company. Osram Lamp According to the company statement: “This business includes the ...
Tags: Osram, LED lighting, general lighting
Touch panel maker TPK has announced net loss of NT$19.4 billion (US$600 million), or loss per share of NT$55.15 for the third quarter of 2015. The operating loss was primarily attributable to one-off asset impairment charges on ...
Tags: 3Q15, loss, touch panel, TPK
The Wilkins Group is investing over $3m into a brand new state of the art factory on the island of Sri Lanka. The Wilkins Group bought the land overseas back in 2013, and work began on the two-acre site at the back end of last year, with ...
Tags: Wilkins Group, LEED certification
French yogurt maker Danone is improving the distribution of its products in India by combining its Indian dairy business with baby and medical nutrition units. The company has been working for over six months to organize its Indian ...
Tags: healthy products, dairy goods, yogurt
Japanese automotive giant Honda has inaugurated its Silicon Valley R&D facility, along with its 2016 Accord flaunting first use of Apple CarPlay and Android Auto. With a view to changing the automotive experience of its consumers, the ...
Tags: automobile manufacture, Honda, auto parts
Clariant will participate in Chinaplas 2015, the largest plastics and rubber trade fair in Asia, with its special feature on sustainability-driven products and solutions dedicated to growing needs in the plastic industry for sustainable ...
Tags: Chinaplas 2015, Clariant, plastics, rubber
Global fast food restaurant chain McDonald's has announced a decrease in global comparable sales of 1.7 per cent in February 2015, continuing a downward trend. In the Asia Pacific region, the Middle East and Africa, sales decreased by ...
Tags: fast food restaurant, McDonald's
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
German manufacturer of offset printing presses Heidelberger Druckmaschinen will be acquiring the Europe-based Printing Systems Group (PSG) for an undisclosed amount. The company said that with this acquisition, Heidelberg will be able ...
Tags: offset printing, Packaging
For the first fiscal quarter ended December 27, 2014, net loss climbed to $4.2 million or $0.53 per diluted share from a net loss for the prior year quarter of $1.6 million or $0.20 per share at Delta Apparel. “While lower sales ...
Tags: Delta Apparel, apparel marketer