Jakks Pacific has detailed its financial results for the first quarter ended March 31th, 2017, citing a decline in net sales. The toy giant revealed that net sales were $94.5 million compared to $95.8 million reported in the comparable ...
Tags: Jakks Pacific, toy
Daimler FleetBoard and Mercedes-Benz Vans said they will opt for Microsoft Azure cloud platform in the future. The Internet of Things is changing all areas of industry, especially logistics. Leading commercial vehicle manufacturer Daimler ...
Tags: FleetBoard, Mercedes-Benz
Finnish paper and pulp firm Metsa Board has invested €38m in a new extrusion coating line at its paper mill in northern Sweden. The new line at the company’s Husum mill is now producing initial orders. It has an annual capacity ...
Tags: paper mill, pulp
Sun Chemical will increase the price of all inks and coatings containing acrylic derivatives effective May 15, 2017. Disruption in the production of certain building blocks used in the making of inks and coatings, such as styrene and ...
Tags: Sun Chemical, Inks, Coatings
Tyson Foods has agreed to buy Ohio-based sandwich producer AdvancePierre Foods for about $3.2bn. The acquisition will expand Tyson Foods' portfolio of prepared foods and protein-packed brands. A subsidiary of Tyson Foods will offer to ...
Tags: Tyson Foods, Sandwich
TreeHouse Foods has agreed to sell its Soup and Infant Feeding (SIF) business to Riverbend Foods, a newly founded portfolio company of Insight Equity. The SIF business is based in Pittsburgh, Pa. and is a leading manufacturer of private ...
Tags: TreeHouse, Infant Feeding
Esko is set to showcase a range of solutions for the packaging industry at this year’s Interpack event in Germany. The event will take place from 4 to 10 May in Düsseldorf. Esko, along with its sister companies VideoJet, ...
Tags: Esko, Packaging Industry
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA and Xiamen-based San’an Optoelectronics Co Ltd (China's largest producer of full-color ultra-high-brightness LED epiwafers and chips) are forming a joint venture ...
GaN Systems Inc of Ottawa, Ontario, Canada – a fabless developer of gallium nitride (GaN)-based power switching semiconductors for power conversion and control applications – says that its transistors are being used by power ...
Tags: GaN Systems, Solar Power Inverter
Atomic layer deposition (ALD) thin-film technology firm Picosun Oy of Espoo, Finland has launched a delivery service for ALD precursor chemicals, implemented in cooperation with several well‐known chemical manufacturers. Picosun ...
Tags: ALD Tool, Precursors
Cree, Inc. on Tuesday reported financial results for its third quarter of fiscal 2017, ended March 26, 2017, which missed Wall Street expectations. Shares of Cree declined over 7% in after-hours trade. Revenue for the quarter was ...
Tags: Cree, LED Products
UK-based Cepac has introduced new curved corrugated product, dubbed Arcwise. Claimed to be the country’s first curved corrugated product, Arcwise incorporates quality printing with corrugated cardboard to bend in smooth and ...
Tags: Corrugated Product, Cepac
Chemical firm BASF has unveiled Ultramid Flex F38 L, a new polyamide developed for soft packaging applications. The new partly bio-based copolyamide exhibits enhanced tear and puncture resistance on softer films. Films made by using ...
Electronics For Imaging’s (EFI) VUTEk 5r LED roll-to-roll printer has been installed by packaging and marketing production firm SGS Cincinnati. The 5m wide superwide-format product will allow the Cincinnati-based company to expand ...
Tags: LED Printer, printer
Thai Containers Group (TCG), a joint venture between Rengo and SCG Packaging Public Company, has acquired an 80% interest in PT Indocorr Packaging Cikarang. PT Indocorr, which operates in eastern Jakarta, produces corrugated packaging ...
Tags: Rengo, Corrugated Packaging