Verso has announced strategic initiatives to reduce costs and improve its overall operating and financial performance. The US-based printing paper and specialty paper producer has deviced three strategic initiatives, which also includes ...
Tags: Verso, specialty paper units
Jiangxi Luye Auto Lighting launched the first automotive lighting LED module plant in Nanchang Optical Valley in China, reported Xinhua. The LED automotive module manufacturing facility values RMB 500 million (US $72.97 million) in total, ...
Tags: Auto Lighting, LED Lighting
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...
Kush Bottles, a supplier of packaging supplies, accessories, and branding solutions for the legal cannabis industry, reported financial results for its fiscal year ended 31 August 2016. Fiscal Year 2016 Financial Highlights Kush Bottles ...
Tags: Kush Bottles, packaging
Ball Corporation reported, on a US GAAP basis, breakeven net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 on sales of $2.8bn, compared to $45m of net earnings attributable to the ...
Tags: Ball Corporation, Packaging
SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing ...
Coca-Cola has reported a 7% decrease in its net sales to $10.6bn for the third quarter of this year, compared to $11.4bn for the same period in 2015. The soft drinks giant has blamed the impact of foreign currency and structural changes ...
Tags: soft drinks, beverage
Canada’s Transcontinental has acquired Flexstar Packaging, in a bid to expand its packaging operations in North America. Based in Richmond of British Columbia, Flexstar Packaging produces custom printed, laminated, flexible ...
Tags: Flexstar Packaging, Packaging
"Innovative play experiences, engaging storytelling and global execution of Hasbro's brand blueprint continues to drive consumer and retailer demand for our brand portfolio," said Brian Goldner, Hasbro's chairman, president and chief ...
Tags: Hasbro, Boys category
Merck has partnered with PolyOne to develop in-mold 3D (IM3D) technology, which can be used in packaging and consumer electronics applications. IM3D decoration technology can be integrated into standard injection molding machine ...
Tags: 3D Technology, Polyone
Mix 1 Life announced that it has acquired 100% of the shares of Scottsdale, AZ based BrandMark Products. BrandMark is an international distributor and sales agency of snack foods, beverage products and sports nutritional products. Its ...
Tags: Mix 1 Life, BrandMark Products, acquisition
Macao in southern China -- renowned as Asia's Las Vegas -- has tabled plans to become a hub to make traditional Chinese medicine more standardized and scientific and to further develop it to enable its products to be sold around the world. ...
Tags: Medicine, Chinese Medicine
US firm JBT has signed an agreement to acquire Tipper Tie from Dover for around $160m. Based in Apex of North Carolina, Tipper Tie provides protein processing and packaging solutions, and related consumables to the food industry. The ...
Tags: JBT, agreement, Tipper Tie
Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition