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
Viking Plastics has acquired Kentucky Manufacturing & Technology to expand into Southeast US and into new markets. Financial details about the transaction have not been disclosed. KMT is a manufacturer of high-precision, custom ...
The firm has announced its strongest UK profits yet, as well as the appointment of a new national account manager. Schleich UK has reported its strongest ever earnings in Q1 for 2017. Following a record breaking 2016, the company has had ...
Truck manufacturers in Europe have revealed plans to introduce convoys of semi-automated trucks on European motorways before 2025. Besides setting out the timing, the ‘EU Roadmap for Truck Platooning’ also provides guidance to ...
Sun Chemical and HP Indigo have signed a collaboration agreement to develop cost-effective digital coatings which can help in the adoption of digital printing in the packaging industry. The agreement with Sun Chemical and HP Indigo, a ...
Tags: Sun Chemical, HP Indigo
Kohlberg & Company, a leading private equity firm specializing in middle-market investing, has announced that it has closed the acquisition of Pexco and successfully merged the business with PPC Industries, Inc. (“PPC”), a ...
Tags: Kohlberg, PPC Industries
Inland, a provider of advanced packaging technology, completed installation of an HP Indigo 20000 to extend the benefits of digital printing to brands in flexible packaging, shrink sleeves, and pressure sensitive products. The first ...
Tags: advanced packaging, packaging
Qualcomm has taken the wraps off its latest processors, revealing the Snapdragon 660 and Snapdragon 630, which promise high-end peformance at mid-tier pricing. Here's everything we know so far including the specs and which phones will get ...
Tags: Snapdragon 660, Qualcomm
Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany says that Osram Opto Semiconductors GmbH of Regensburg, Germany has qualified the first of multiple AIX G5 C planetary systems for manufacturing gallium nitride ...
Tags: Osram Opto, GaN LED
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
For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
Asian Pulp & Paper (APP) is exhibiting its range of food packaging product lines at Interpack 2017. The company's food packaging solutions include Foopak and Sinar Kraft. Foopak is APP’s range of food contact packaging designed to ...
Tags: Interpack 2017, Packaging
Stora Enso has unveiled upgraded Ensocoat carton board for luxury brands and graphical industry at this year’s Interpack event in Germany. The company has added more whiteness and shade to the upgraded carton board, helping ...
Tags: Stora Enso, Graphical Industry, packaging
Heineken has taken full control of Lagunitas Brewing after purchasing the Californian brewery's remaining 50% interest. Heineken, which initially purchased a 50% stake in Lagunitas in 2015, has not disclosed the the financial details of ...
Chinese engineering firm Truking Group has agreed to acquire 75.1% stake in Romaco Group from German private equity company Deutsche Beteiligungs (DBAG). Romaco, which employs about 550 people, provides packaging and processing ...
Tags: Truking, coating machine