WestRock has agreed to acquire five corrugated converting facilities from U.S. Corrugated for about $192m. The deal includes facilities located in Ohio, Pennsylvania, and Louisiana. The facilities are used to offer a suite of products ...
Tags: WestRock, corrugated converting
Frigoglass SAIC has announced unaudited results for the first quarter ended 31 March 2017 First Quarter 2017 Highlights Sustained growth momentum in Europe driven by increased sales to Coca-Cola bottlers and breweries Double digit ...
Tags: Frigoglass, bottler
Food processing technology provider 915 Labs has launched a new food processing system that increases the shelf life of food items without adding preservatives. Named as the microwave assisted thermal sterilization (MATS), the new system ...
Tags: Food Processing, Packaging
Ultratech, a supplier of lithography, laser processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs (HBLEDs), as well as atomic layer deposition (ALD) systems, today announced that it has ...
Tags: laser spike, FinFETs
General Motors (GM) said it will phase out its Chevrolet brand in India and South Africa by the end of this year. The move is part of key restructuring actions in the company's GM International operations to strengthen global business ...
Tags: General Motors, Chevrolet
Arla Foods has opened a new innovation centre in Aarhus, Denmark where researchers are expected to create novel packaging technologies for the dairy industry. The innovation center features a dairy pilot plant, several laboratories, a ...
Tags: Arla Foods, packaging
As early as 2013, SHACMN had exported 18,000 heavy trucks, nearly half of which was delivered to the five countries in Middle Asia and Russia. Now, SHACMAN not only set up a whole vehicle plant with an annual production of 50,000 units in ...
Tags: SHACMN, heavy truck
Multi Packaging Solutions (MPS) International has reported a net income of $10.8m, or $0.14 diluted earnings per share, for the third quarter ended 31 March 2017, compared to $3.8m, or $0.05 diluted earnings per share, for the same period ...
Tags: Multi Packaging, Packaging
In a surprise announcement, Motorola launched two new and highly affordable smartphones – the Moto C and Moto C Plus. The two handsets go on sale “this spring” in the UK, as well as various countries across Europe, Asia, ...
Tags: Motorola, smartphones
Sealed Air has announced financial results for first quarter 2017, as well as outlook for the complete year. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “2017 is a transformational ...
Tags: Sealed Air, Packaging
As China's smartphone market is seeing weakening growth, China-based smartphone vendors including Oppo, Xiaomi and Huawei, have been aggressively expanding their products into overseas markets. Oppo currently considers India as one of its ...
Tags: Overseas Markets, Smartphone
Novelis, the world leader in aluminum rolling and recycling, has reported record results for the fourth quarter and fiscal year 2017 with significant year-over-year increases in Adjusted EBITDA, net income, free cash flow and automotive ...
Tags: Novelis, automotive
Phoseon Technology is set to exhibit the latest UV LED curing solutions for printing applications at the ProPak Asia 2017 event in Thailand The event will take place from 14 to 17 in Bangkok. Phoseon’s LED curing systems will ...
Tags: Phoseon Technology, UV LED
United Caps stated that it will open a new manufacturing facility in Malaysia. The Luxembourg-based company plans to build a state-of-the-art manufacturing facility to meet increasing customer demand in the region for its caps and ...
Tags: United Caps, drinks industry
For fiscal fourth-quarter 2017 (to 1 April), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $642m, up 5.7% on $607.1m a year ...
Tags: Smartphone, Qorvo