Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Polaris Industries has completed the acquisition of TransAmerican Auto Parts (TAP), a manufacturer, distributor and retailer of off-road jeep and truck after market accessories for $665m. Polaris expects the TAP acquisition to contribute ...
Tags: Polaris, Auto Parts
Hyundai Motor has unveiled plans to construct a hub for big data at the Guian New Area – China’s national epicenter for big data. Starting operations in June 2017, the new facility will be Hyundai Motor’s first overseas ...
Tags: Hyundai Motor, Big Data Center
Axalta Coating Systems will build a new manufacturing plant in Nanjing, China, where high-performance automobile, commercial vehicle and industrial coatings will be produced. The facility will be built on more than 170,000 m2 of land ...
Tags: Axalta Coating Systems, Coating
Mars is urging the business community and global leaders at COP22 to take bold action to implement the targets agreed last year in Paris for tackling climate change. Mars combined this call to action with an announcement of plans for a ...
Tags: Mars, Fossil Fuel
Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...
Audi has developed a growth plan for its joint business with First Automobile Works (FAW) Group for the coming 10 years with eyes on sustainable growth in the brand's largest global market. The partners will intensify their cooperation in ...
Tags: Audi, FAW-Volkswagen, SUV
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
Bord Bia has launched an Irish beef promotion this month with the Maredo steakhouse chain, a major player in the German market. The Maredo publicity declares Irish beef to be “wholesome, juicy and Irish” and the month-long ...
Tags: Bord Bia, beef, German Steakhouse
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Berlin Packaging has opened a new integrated warehouse and assembly facility at Clinton Commerce Park, developed to expand operations in Pittsburgh region of Pennsylvania. The new facility has been developed to support Berlin’s ...
Tags: Berlin Packaging, Facilities
Honda has announced $53m investment in Central Ohio facilities to strengthen North American operations. The 38,000 square foot Ohio Data Center will join a similar facility near Denver, Colorado, in housing key information technologies ...
Tags: Honda, Facilities
Cargill is tackling possible mycotoxin contamination before it can start through the launch of Notox TM online. It is a unique, multi-species global positioning system that gives subscribers critical data to predict and prevent potential ...
Tags: Cargill, Animal Producers
Motorola fans have been given a glimpse of what next year's lineup of handsets could include from the Lenovo-owned brand, including a potential return of the Moto X. Two separate leaks this week suggest that the Moto X could make a return ...
Tags: Moto X, Leaked Image