Sonoco has reported net sales of $1.30bn for the first quarter of 2018, an increase of 11.2%, compared to $1.17bn from the last year’s quarter. Gross profits for the period stood at $250.6m, an increase of 12.4%, compared to $223m ...
Tags: Sonoco, Converted Products
NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) says that the compensation committee of ...
Tags: NeoPhotonics
Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
US-based engineered equipment and automation solutions provider Duravant has acquired automation systems manufacturer, Key Technology, for about $175m. Based in Walla Walla of Washington, Key Technology is engaged in the design and ...
Tags: bucket elevator, rotary table
The Taiwan-based Valens Co., Ltd. has been dedicated to the development of LED auxiliary driving lights and well recognized by professionals for its well-honed R&D technologies. With high quality and performance, Valens' products, including ...
Tags: Valens, Driving Lights
Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...
Tags: Magna, Self-Driving Systems
World Centric, a provider of certified compostable products for the foodservice industry, has introduced its new retail packaging and refreshed brand identity. The new and updated packaging will be introduced onto retail the shelves ...
Tags: World Centric, Packaging
Ulma Packaging is planning to showcase its fill and seal technology at the upcoming Foodex 2018 exhibition. The leading packaging machinery specialist’s imposing stand (S271) at the NEC on April 16-18 has plenty of visitor appeal, ...
The Taiwan-based HPMJ Co., Ltd. is a professional manufacturer of lead-acid battery-based products such as emergency power supplies for vehicles and energy storage battery packs for solar power installation. Dai Jian-lang, owner of HPMJ, ...
Tags: acid battery, HPMJ's products
Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
US-based food firm ReGrained has launched its sustainable SuperGrain+ Bar line made from upcycled ingredients. ReGrained believes that allowing 40% of all food produced to go to waste is unacceptable. To help inspire a food system that ...
Tags: Snack Bars, food
Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...
Tags: packaging, label industries
Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
CDF, a company that specializes in the manufacture and sale of pail liners, drum liners, intermediate bulk container liners, bag-in-box, and flexible packaging, will be exhibiting at Industrial Pack 2018, a show and expo dedicated to ...
Tags: pail liner, drum liner
Rapak, a bag-in-box producer and part of the DS Smith, Plastics Division, has conducted a regional food industry networking event at its factory in Germany. Representatives from major food-related businesses in the German Rhein-Neckar ...
Tags: Rapak, Food Industry