Petainer Innopac Packaging has opened a new plant in the Indian state of Maharashtra which will produce plastic packaging solutions. The new plant employs Petainer's advanced polymer engineering technology to provide high performance ...
US-based snacks manufacturer Snyder’s-Lance will acquire snack food and culinary nut company Diamond Foods for approximately $1.91bn, which includes $640m of debt. The parties signed a definitive agreement in this regard under ...
Tags: snacks, Diamond Foods
Luxtera, the global leader in Silicon Photonics solutions, today announces the hiring of Brad Byk as Vice President of Worldwide Sales and Kelly Perez as Vice President of Finance. Luxtera will leverage their considerable experience and ...
Tags: OEM, Luxtera, Senior Executives
Columbia Sportswear Co. announced the promotions of four senior leaders. “I’m highly confident in the leadership abilities of these four teammates and in their commitment to continuing to drive sustainable, profitable growth ...
Tags: Columbia Sportswear, Sportswear
For its fiscal third-quarter 2015 (ended 28 March), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $83m, down 13% on $95.4m a year ago and down 4% on ...
Tags: Oclaro, CFP2 Module
On a GAAP basis, operating profit surged 25 per cent to $90 million while earnings per share (EPS) rose higher by 30 per cent to $0.13, both up from the year ago quarter at HanesBrands in the first fiscal quarter ended April 4, 2015. ...
Tags: GAAP basis, Hanes
Global packaging company Sonoco will increase its production capabilities and support R&D innovation through several projects in the coming years. The company made the announcement at its annual shareholders meeting. Sonoco said that ...
Tags: Sonoco, printing press
Global independent toy firm is looking to expand in the RC sector, an 'important category' to its growth plans. Goliath has acquired the leading French RC developer, manufacturer and distributor, Modelco. Known for its portfolio of ...
Tags: Global independent toy, Flying Dragon, Toys
Following the acquisition in December of the semiconductor & nanotechnology business of Oerlikon's Advanced Technologies Segment, Evatec Ltd of Flums, Switzerland (which makes thin-film deposition and etch processing equipment for ...
Tags: Evatec, PVD, Electronics
Plastic foodservice and custom thermoformed packaging solutions provider Fabri-Kal is investing $50m in developing a new manufacturing facility in Burley, Idaho. As a part of the investment, the company will construct a new 100,000ft2 ...
Frozen bakery products manufacturer Vandemoortele will acquire Lanterna-Agritech (LAG), a producer of frozen focaccia and bread in Italy. The acquisition will enable Vandemoortele to boost its bakery products business in Italy, as well ...
Tags: frozen focaccia, bread, Agriculture
Graco Inc. has agreed to acquire the stock of Pennsylvania-based High Pressure Equipment (HiP) company for $160 million. The acquisition of HiP is subject to customary regulatory review and Graco expects to complete the transaction in the ...
Diaz Foods, a marketer of specialty foods based in Atlanta has acquired La Cena Fine Foods of Saddle Brook, NJ. The DAK Group served as exclusive investment banker to La Cena, initiating the transaction and managing the divestiture ...
Tags: Diaz Foods, specialty foods
Earlier in December 2014, Australian Food News reported that food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: Food, Beverage, Agriculture
Oak Furniture Land, the UK’s fastest-growing furniture company, is launching a major new sofa brand with 57 showrooms across its retail network. SofaStore is the latest development from the clicks-to-bricks retail success story that ...