Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
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
ExxonMobil said that it will make a final investment decision later this year on a potential polypropylene production expansion along the US Gulf Coast. The company started detailed engineering work on a potential US Gulf Coast project to ...
Tags: ExxonMobil, Plastics
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
America's oldest brewery D.G. Yuengling & Son is adding a beer to its year-round lineup for the first time in 17 years. The new beer, Yuengling Golden Pilsner, will be available in cans and bottles from 1 April 2018. It will be ...
Tags: Yuengling Golden Pilsner, beer
Kia Motors has revealed the first look of its all new luxury sedan K900, which will make its world debut at the New York International Auto Show later on March 28. The all-new K900 has been created in close collaboration between ...
Tags: Kia Motors, Luxury Sedan
Mercedes-Benz Cars is investing more than €100m in a battery factory in Thailand. With a strategic decision Mercedes-Benz Cars is enhancing the manufacturing footprint in South-East Asia addressing growing demand for electric ...
Tags: Mercedes-Benz Cars, battery
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
RPC Zeller Plastik Zell has unveiled a new 19mm tube closure for cosmetic and pharmaceutical products. The company said it is the first standard push-on flip-top hinge tube closure (HTC) of such a small size. Part of the Supersoft ...
French automaker Groupe PSA will build Peugeot and Opel vehicles in Walvis Bay, Namibia, in 2018. Groupe PSA and Namibia Development Corporation (NDC) have signed a joint-venture agreement to start the assembly plant. The vehicle ...
Tags: Groupe PSA, Opel vehicles
RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...
Tags: plastic packaging
Wang Jun-xian, the new chairman of Fu Chun Shin Machinery Manufacture Co., Ltd. (FCS), the largest plastic injection molding machine maker by output in Taiwan, has shown an ambition to further boost the company's business deployments ...
Tags: Lights, Injection Molding Machine
German automotive manufacturing firm Continental has agreed to establish a joint venture (JV) with China’s CITC to manufacture 48-volt battery systems. The companies, via their respective subsidiaries, will set up the JV for the ...
Tags: automotive, Continental
CCL Industries, a provider of specialty label, security and packaging solutions, has agreed to acquire Treofan America and Trespaphan Mexico from their parent firm M&C in a deal worth $225m. The entities considered for acquisition ...
Tags: CCL Industries, packaging
Applied Optoelectronics Inc (AOI) of Sugar Land, TX, USA – a manufacturer of optical components, modules and equipment for fiber access networks in the Internet data-center, cable TV broadband, fiber-to-the-home (FTTH) and telecom ...