Packaging Corporation of America has reported first quarter 2017 net income of $117m or $1.24 per share and $1.27 per share excluding special items. First quarter net sales were $1.5 billion in 2017 and $1.4 billion in 2016. Reported ...
Tags: Packaging, special items
HTC’s next flagship smartphone – the HTC U – may have been leaked online, just days before the official launch. A mysterious HTC smartphone has appeared on Geekbench, a mobile benchmarking site that tests the processor ...
Tags: HTC U, Smartphone
Lux Global Label has purchased certain assets from Pennsylvania-based global package printing firm National Label for an undisclosed price. Lux Global Label is a newly formed holding company backed by private equity company Resilience ...
Tags: Lux Global, package
Bosch Packaging Technology is set to exhibit its new industry 4.0 solutions, which are designed to enhance manufacturing operations, at this year’s Interpack event. Format part management, which is based on RFID technology, will ...
ICSH Parent, the parent company of Industrial Container Services, has announced that it has been acquired by funds advised by Centerbridge Partners, a leading private investment firm. Prior to this transaction, ICS was owned by affiliates ...
Flexible packaging firm ProAmpac will showcase its advanced packaging solutions at this year’s Interpack event in Germany. The event will take place from 4 to 10 May in Düsseldorf. ProAmpac will exhibit its EZY Pro10, which ...
Ohio Pack is set to invest around $25m to develop a new manufacturing facility in Heath, Ohio, US. The new 135,000ft² facility will be constructed on a 20-acre site in the southern end of the Heath-Newark-Licking County Port ...
Tags: Ohio Pack, plastic film
TreeHouse Foods has agreed to sell its Soup and Infant Feeding (SIF) business to Riverbend Foods, a newly founded portfolio company of Insight Equity. The SIF business is based in Pittsburgh, Pa. and is a leading manufacturer of private ...
Tags: TreeHouse, Infant Feeding
Atomic layer deposition (ALD) thin-film technology firm Picosun Oy of Espoo, Finland has launched a delivery service for ALD precursor chemicals, implemented in cooperation with several well‐known chemical manufacturers. Picosun ...
Tags: ALD Tool, Precursors
Swedish packaging firm Tetra Pak is using Microsoft HoloLens mixed reality technology to speed-up issue resolution for food manufacturers. The move will reduce machine downtime and productivity loss for the customer, and protect them ...
US Foods has agreed to acquire California-based meat manufacturer FirstClass Foods for an undisclosed price. Headquartered in Hawthorne, FirstClass Foods has about $55m in annual sales. Since 1962, FirstClass Foods has been delivering ...
Tags: US Foods, FirstClass Foods
Conax Technologies of Buffalo, NY, USA (a manufacturer of temperature sensors, compression seal fittings and feedthroughs, probes, sensors, wires, electrodes and fiber-optic cables) has acquired Quartz Engineering of Tempe, AZ, USA (which ...
Tags: Conax, Quartz Engineering
Huhtamaki, a global specialist in packaging for food and drink, has changed the name of its Molded Fiber business segment to Fiber Packaging. The new name is taken into use as of April 27, 2017. Although the name change implies no ...
Tags: Huhtamaki, Molded Fiber
On April 19th, JAC World Truck strategy was released in Auto Shanghai, and meanwhile the first model of JAC World Truck-N series announced its global launch into the market. JAC World Truck is China initiative world-class truck strategy ...
Tags: Truck, commercial vehicle
Specialty packaging and labeling films manufacturer Jindal Films Europe is further expanding its metallizing capabilities at its site in Brindisi, Italy. This new capacity comes after the successful installation and start-up of another ...
Tags: Specialty packaging, labeling