In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Polymer Logistics, a retail ready packaging company, has launched a 75,000ft2 logistics and distribution center in Porter County, Indiana, US. Located at 6750 Daniel Burnham Dr., Portage IN, the new facility will create more than 40 new ...
Tags: Polymer Logistics, Polymer
Frutarom has agreed to acquire 75% stake in savory solutions provider Piasa Group for approximately MXN405m ($20.5m) to foray into the Mexican market. Piasa is Frutarom’s first acquisition in Mexico, while being the fifth in the ...
Tags: Frutarom, Piasa Group
The Canadian government will inject a $350m into the country's dairy sector to support its competitiveness ahead of the likely implementation of the Canada–European Union Comprehensive Economic and Trade Agreement (CETA). Investment ...
Tags: dairy sector, robotic milker
Danish brewing giant Carlsberg Group has reported a 4% decrease in its net revenue to DKK17.53bn ($2.57bn) for the third quarter of this year, compared to DKK18.3bn ($2.7bn) for the same period in 2015. The brewer blamed the negative ...
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
Tetra Pak has introduced a new version of its PlantMaster automation solution, allowing manufacturers to program their entire plant via a single data management system. The upgrade includes the Tetra Pak PlantMaster Manufacturing ...
Tags: Tetra Pak, Plant Management
AHDB Beef & Lamb is looking for research and industry collaborators to form a five-year Beef Knowledge Partnership focusing on key areas of beef production. The aim of the £1.5m ($1.8m) project is to devise and implement a programme ...
Tags: Beef Production, Beef
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
Beer giant Anheuser-Busch has agreed to acquire Texas craft brewer Karbach Brewing for an undisclosed sum. Karbach Brewing, which was established in 2011, produced 17,000 barrels of beer in 2013. Its production capacity reached 40,000 ...
Tags: Anheuser-Busch, Brewing
Smurfit Kappa UK has acquired Saxon Packaging, as part of its efforts to expand operations in the region. Based in Lowestoft of Norfolk, Saxon designs and produces corrugated products, cardboard packaging and boxes. The company provides ...
Tags: Smurfit Kappa, Saxon Packaging
German based hubergroup has unveiled a new polyurethane (PU) based printing ink for flexographic printing. The new ink series is primarily intended for use in complex film lamination applications. Branded as Gecko Platinum, the new ink ...
Tags: Flexographic Printing, Hubergroup
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 ...
GEFCO has secured a new €8bn contract to optimize PSA Group's entire worldwide manufacturing supply chain. The agreement reaffirms that GEFCO is the PSA Group’s leading supplier in Europe, number two worldwide. The agreement ...
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...