For fourth-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $2.45m, more than halving from ...
Tags: Rubicon, Sapphire substrates
US-based pulp and paper company Georgia-Pacific has acquired Excel Displays & Packaging, for undisclosed amount. Excel Displays & Packaging designs and manufactures point-of-purchase displays, high-graphic retail packaging, in-store ...
UAE-based Delta Food Industries has opened Dh40m ($10.89m) dairy plant in the Sharjah Airport International Free Zone (SAIF Zone). The new manufacturing plant will produce evaporated milk and cream. Delta Food Industries founder and ...
Finland-based pulp and paper manufacturer Stora Enso is investing about €63m to strengthen its consumer board and biomaterials capabilities in China and Sweden. Of the total amount, the company will invest €31m in a new ...
Tags: Stora Enso, Investment, China, Sweden
Catalyst Paper reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million. This compares to adjusted EBITDA of $38.8 million ...
Tags: Catalyst Paper, EBITDA, Forth Quarter, Adjusted earnings
Enjoy Life Foods has announced a fresh look for its allergy-friendly line of Plentils, which highlights the lentil-based chips’ crunchy, craveable flavors and premium ingredient panel that is free-from the top eight food allergens. ...
Tags: Enjoy Life Foods, Plentils
FCA US announced that the production of the 2017 Chrysler Pacifica at its Windsor (Ont.) Assembly Plant. The 2017 Chrysler Pacifica revolutionizes the minivan segment with nearly 40 new minivan firsts designed to offer comfort, ...
Tags: The production of 2017 Chrysler Pacifica, Windsor Assembly Plant
Ford has invested $145m at its Cleveland engine plant in the US to manufacture its new EcoBoost engine. According to the car maker, the investment will create 150 jobs at the site. This move is part of the company's 2015 UAW collective ...
German luxury automaker, Mercedes-Benz has started production of its new E-class at its Sindelfingen plant. According to the company, this is the tenth generation of the E-class which was introduced back in 1936. The new E-class is ...
Tags: Mercedes-Benz, The production of the tenth generation of new E-class
Caterpillar has announced that it will discontinue the production of its on-highway vocational trucks, based on present business climate in the truck industry and a thorough evaluation of the business, the company decided it would withdraw ...
Tags: Caterpillar, Vocational Trucks
Bentley has recently revealed details about its flagship luxury range, Mulsanne sedan. Mulsanne has three variants which include Mulsanne, Mulsanne Speed, Mulsanne Extended Wheelbase models. These three variants have been handcrafted ...
Tags: Mulsanne Sedan, Bentley
Construction has started on the Mondelēz International’s $90m biscuit manufacturing factory in Bahrain with scheduled completion expected later this year. Mercury Middle East WLL (Mercury Mena) is the project's general ...
Tags: Biscuit, raw materials
UAE based food producer National Food Product Company (NFPC) has begun construction of a new food manufacturing facility in Kizad. NFPC is considered as one of the largest food producers in the UAE and owns brands such as Oasis, Blu, ...
Tags: National Food Product, NFPC brands
Orora is planning to invest $42m in additional glass bottle forming lines at its Gawler, South Australia, glass plant. In addition, Orora is assessing a potential investment of a further $10 - $15 million in an automated warehouse at ...
Tags: Orora, Glass Bottle
Ball Corporation, supplier of sustainable packaging solutions, has announced its plan to close its flat sheet production and can end-making plant in Weirton, West Virginia, the US. The decision to shout down production by the first ...