FCA US will be investing $10.4m in a new Mopar parts distribution center located at Romulus, Michigan, US. The new facility will encompass 500,000 square feet and more than 100 workers. Preliminary construction work has already begun on ...
Tags: FCA US, Mopar parts
Brazilian meat processor JBS has cancelled its plans to move some of its operations outside the country after a government agency BNDESPar vetoed a proposed reorganization. BNDESPar, Brazil's state development bank BNDES’ investment ...
Tags: meat processor, JBS
NightFood Holdings has appointed Andrew Austin to the company advisory board to weigh potential merger & acquisition transactions. Austin is the president of A.S. Austin Company, a San Diego based consulting and funding liaison firm, and ...
Tags: Transactions, NightFood
A new market study from Smithers Pira says that demand for cosmetics and personal care packaging will be worth $25.4bn by 2021, growing at 3.6% year-on-year. The Future of Packaging Design: Long-Term Strategic Forecasts to 2026 considers ...
Tags: Beauty Packaging, Packaging
Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
Dublin-headquartered cider manufacturer C&C Group reported a 14.4% decline in its net revenue to €307m for the first half of this year, compared to €358.6m for the same period in 2015. The company registered a 12.0% decrease in ...
Parrish and Heimbecker has secured a funding of $10m from the Canadian government to build a new wheat flour milling plant at Hamilton. The Canadian grain company’s new plant is expected to increase production capacity of wheat ...
Tags: Milling Plant, Parrish, Heimbecker
Toyota has broken ground on Toyota Motor Manufacturing de Guanajuato (TMMGT), its fifteenth manufacturing facility in North America. TMMGT will produce Corolla, the top selling car in the world, beginning in 2019, and will employ ...
Tags: Toyota, Manufacturing Plant
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. ...
The growth of power use in China, a key barometer of economic activity, continued to accelerate in the first ten months due to more consumption by the service sector, official data showed Friday. Power consumption grew 4.8 percent year on ...
Apple is considering creating a pair of digital glasses that offer an augmented reality experience, according to a new report. The iPhone maker’s project is still in the “exploration phase” according to Bloomberg, which ...
Tags: Apple, digital glasses
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
General Motors' personal mobility brand, Maven continues to expand and has started its business in Los Angeles, California. In nine months, Maven has grown to nine markets: Ann Arbor, Michigan, Baltimore, Boston, Chicago, Detroit, Los ...
Tags: General Motors, car-centric city
Print and marketing services provider Quad/Graphics has expanded the operations of its Dallas facility in the US. The company has announced a multi-million-dollar investment at the facility to expand its services to the next generation ...
Tags: Quad/Graphics, Print
US-based private-equity firm Graham Partners has acquired freeze-dried food provider Mercer Foods. However, the financial terms of the deal were not disclosed. Founded in 1980, Mercer Foods is a major producer of natural and organic ...