Dairy company Agri-Mark is planning to invest $30m in a cheese manufacturing facility in Chateaugay town in New York. The company plans to renovate the roughly 100,000ft2 facility by deploying new cheese vats and other equipment to ...
Tags: Agri-Mark, Investment, Renovation, Manufacturing facility
Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
US-based Victory Packaging is set to open a new warehouse and distribution center in Chicago in April to expand its packaging-related operations in the region. The new 275,000ft2 facility will be located in Aurora, a suburb of Chicago, ...
Tags: Victory Packaging, Distribution
Italian producer of pharmaceutical glass packaging, Stevanato Group has acquired the operating units of Balda Group, a Germany based supplier of precision plastic solutions, for €95m ($105m). Under the terms of the deal signed ...
Tags: Stevanato Group, Balda, Aquisition
At its Kassel plant, Mercedes-Benz has produced its 100,000 IPS axles for Mercedes-Benz trucks. IPS is a German shortcut and means Induction Pressure Welding. The technology enables for the first time to weld steel and casting parts with ...
Tags: Mercedes-Benz, IPS, Pressure Welding
"Across the year, we estimate that 100 million children had a LEGO experience." The LEGO Group has revealed that revenue growth in 2015, excluding foreign exchange impacts, was 19 per cent year over year on a local currency basis. ...
Tags: LEGO Group, Toys
Smyth Companies, has acquired Pure Pack Technologies , which specializes in the conversion of flexible packaging materials. "Smyth's acquisition of Pure Pack Technologies immediately enhances our flexible packaging product offerings ...
Tags: Pure Pack Technologies, Smyth
Toyota Motor Manufacturing Indonesia has commenced production of engines at Karawang plant in West Java. Karawang plant has been built at a cost 2.3 trillion Indonesian Rupiah ($172m). The plant is expected to produce at least 216,000 ...
Denmark-based dairy company Arla Foods is planning to close fresh milk processing production facility at Hatfield Peverel dairy in Essex in the UK, by the end of July this year, which is likely to result in 200-plus redundancies. ...
German automotive company Opel has broken ground on the €11m expansion of its Design Center of the Rüsselsheim headquarters. This investment will go into ultra-modern visual and communication technologies which will allow for ...
Tags: Opel, automotive
Spun-off from ITT Corporation in October 2011, Xylem Inc. was formed from ITT's separate water businesses and now operates as a global water technology organization. The company was organized into the five areas of transport, treatment, ...
Tags: Xylem, ITT, Patrick Decker
In a move that strengthens its global offering of food processing equipment, integrated systems and services, Provisur Technologies, Inc. has opened a new regional office, Provisur Food Equipment (Shanghai) Co. Ltd., in Shanghai, Peoples ...
Tags: Provisur Food Eqipement, PRC
FFP Packaging is raising the bar on flexible packaging printing with its Platinum Print platform, powered by Asahi. The company specializes in high quality flexographic printed flexible packaging, heat seal lidding films and films for ...
‘‘As a five-time honoree, Hasbro´s commitment to leading with integrity is evidenced by its continuing commitment to corporate social responsibility initiatives and a robust risk based compliance and ethics programme." ...
SPTS Technologies Ltd of Newport, Wales, UK (an Orbotech company that manufactures etch, PVD and CVD wafer processing solutions for the MEMS, advanced packaging, LED, high-speed RF on GaAs, and power management device markets) has been ...
Tags: SPTS, ESTnet Awards