Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has confirmed revenue of €12.5m for first-half 2017, up 80% on €7m in first-half 2016 (and ...
Philips Photonics of Ulm, Germany - which provides vertical-cavity surface-emitting laser (VCSEL) technology for datacom, consumer and industrial applications - has completed ‘VIDaP’ (VCSEL Pilot Line for Illumination, Datacom ...
Tetra Pak has announced €30m investment to expand its packaging material converting factory in Texas to facilitate its business growth in the US and Canada. The investment will be used for modernization in the factory located in ...
Volkswagen has unveiled a plan to roll out 80 new electric vehicles, including about 50 purely battery-powered vehicles and 30 plug-in hybrids, by 2025. The company launched what it claims to be the most comprehensive electrification ...
Tags: Volkswagen, electric vehicles
Finnish food packaging specialist Huhtamaki has completed the purchase of International Paper's foodservice packaging operations in China. The divested business has two facilities in Shanghai and Tianjin and a workforce of about 200 ...
Tags: Foodservice Packaging, Paper
Constantia Flexibles has invested approximately €6m to meet increasing demand for specialty laminates with high property barriers for confectionery, coffee, dry food and snacks as well as processed meat industries. The company ...
Tags: Constantia Flexibles, packaging
Pro Mach’s subsidiary IPak is set to introduce new automatic tray former for produce packers at this year’s Pack Expo event in the US. The event will take place from 25 to 27 in Las Vegas. The new IPak TF-330GH tray former ...
Tags: IPak, automatic tray former
Germany-based labelling and inspection systems developer Multivac Marking & Inspection is expanding its Enger production facility in Germany with a €2.5m investment. The project includes an extension to the production hall, which ...
Tags: Multivac, inspection systems
UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
German printing press manufacturer Koenig & Bauer has reported a 2.7% decline in its revenue to €538.9m for the first half of this year, compared to €553.9m for the same period last year. The company's EBIT stood at €16.3m ...
Tags: printing press, cardboard
French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...
Tags: PSA Group, General Motor
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
Irish glass and metal packaging group Ardagh stated that its revenue has increased 58% to €2.02bn for the second quarter of this year, when compared to €1.3bn for the same period in 2016. Adjusted earnings before interest, ...
Tags: metal packaging
Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
BMW said that it will build a fully electric version of the Mini in the UK at itsfacility in Oxford, England. The company will produce a new fully electric Mini 3 door variant. From 2019, BMW will start producing the fully electric Mini ...
Tags: BMW, Electric Mini Vehicle