Canadian packaging company Intertape Polymer has reported a 4.3% increase in its revenue to $210.2m for the second quarter of 2017, compared to $201m for the same period last year. The company's gross profit fell from 25.7% to 22.5% from ...
Tags: packaging, Intertape Polymer
For second-quarter 2017, POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical ...
Tags: POET Technologies, sensors
Guardian Industries is investing in a new float and coated glass manufacturing facility in Czestochowa, Poland. The new plant will meet the increasing demand for float, coated and fabricated glass products across Europe. Located next to ...
Tags: Guardian Industries, Coated Glass
WestRock has purchased Australian paperboard-packaging manufacturer Hannapack for A$75m ($59m) to expand its consumer packaging portfolio. Hannapack, which was established by Charles Hanna in 1967, provides folding cartons to a range of ...
Tags: WestRock, Consumer Packaging
H.I.G. Capital has divested its portfolio company Albertville Quality Foods to OK Foods, a subsidiary of Industrias Bachoco. Albertville is among the largest independent further processors of protein based products. The Company focuses on ...
Tags: OK Foods, H.I.G.Capital
Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
Nuance Communications has agreed to improve the Epson customer experience by offering its document imaging solutions via Epson distributors and resellers. The new partnership is expected to bring cost synergies, decrease intervention and ...
Lincoln Hill's newly formed portfolio firm Fibre Tec Packaging has acquired substantially all of the assets of Fibre-Tec Partitions. The Company was founded in 1997 and serves box manufacturers, packaging brokers, manufacturers, and ...
Tags: Lincoln, Fibre Tec Packaging
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
San Diego-based craft brewery Coronado Brewing is acquiring a majority interest in Monkey Paw Brewing. The move allows Monkey Paw to share in Coronado’s resources, further developing the brand, while simultaneously maintaining the ...
WaveGrip is set to make its Drinktec debut in Munich, Germany, where it plans to showcase its multi-packing solutions for cans. The UK-based manufacturer claims that its hi-tech system has several advantages over the conventional ...
Australian horticultural company Costa Group has agreed to acquire Lankester Avocado's orchards and packing operations in Queensland for an undisclosed price. The avocado business owned by the Lankester family cultivates the fruit in a ...
Tags: Costa Group, packing
Not one to be left out, Samsung will reportedly plonk its fledgling personal assistant Bixby into a smart speaker. The Wall Street Journal’s sources say the company is planning to contend with the Amazon Echo, Google Home, Apple ...
Tags: Samsung, smart speaker
Futamura has reported better sales growth and record levels of operational efficiency in the year since its purchase of Innovia Films’ cellulose business. The acquisition was announced back in April last year. The company stated ...
Tags: Futamura, compostable packaging
DS Smith has introduced new packaging solutions for the e-commerce industry at #Deliver2 in Berlin, Germany. The company's DISCS technology tests whether packages can survive the bumps and scrapes of the average e-commerce supply chain. ...