New York based New Mill Capital Holdings and Tiger Capital Group, through their joint venture, have acquired a manufacturing plant in Indiana operated by General Mills. However, the financial details to purchase the dough-products ...
Swedish packaging firm Tetra Pak is set to invest around $110m to build a new regional manufacturing facility in Vietnam. Expected to begin operations in the first quarter of 2019, the new facility will be situated near Ho Chi Minh City. ...
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 ...
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
Print and packaging solutions provider Multi Packaging Solutions International (MPS) has acquired UK-based AJS Labels and US-based i3 Plastic Cards, expanding its range of products. AJS Labels is engaged in manufacturing of self-adhesive ...
Tags: Multi Packaging, Plastic Cards
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
UK based packaging company RPC Group has £220,000 in a new liquid polymer printer. The new Connex 3 Objet 500 liquid polymer printer is capable of printing items, including a container with a label, in up to 5 litres in size and ...
Tags: packaging, Liquid Polymer Printer
No longer the mainstay of hand-humping early adopters, virtual reality is truly about to enter the big league. IMAX is raising $50 million to finance the next generation of visual entertainment, à la virtual reality. The media ...
Tags: VR Content, IMAX
Rothamsted Research has submitted an application on 3 November 2016 to the Department for Environment, Food and Rural Affairs for permission to carry out GM field trials. The trials will be conducted on the Rothamsted Farm in 2017 and ...
Tags: Wheat Field, Rothamsted Research
The Hain Celestial Group has launched a new strategic platform Cultivate Ventures to invest in lifestyle brands, smaller portfolio brands and concepts as well as incubator opportunities. The company said that the investments should ...
Tags: Hain Celestial, Cultivate Ventures
Electric car-maker Tesla Motors has agreed to acquire German company Grohmann Engineering. Accelerating a sustainable energy future is only possible with high-volume factories. They allow us to manufacture high-quality products with ...
Tags: Tesla, Engineering
Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
Australian packaging company Amcor has acquired China-based Hebei Qite Packing for around RMB185m ($28m). The acquisition will allow Amcor to expand its flexible packaging operations in the Northern China region. Hebei Qite, which ...
US based Nature’s Power Nutraceuticals (NP Nutra) has expanded its botanical ingredients and extracts portfolio with the launch of six new products. One of the newly launched products is an ingredient that is claimed to have an ...
Tags: NP Nutra, botanical ingredients