CCL Industries has appointed Guenther Birkner as president of the Healthcare & Specialty business at CCL Label in addition to his existing responsibilities in Food & Beverage. Peter Fleissner is appointed president of CCL Design, ...
Tags: CCL, Appointments
Catalyst Paper reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million. This compares to adjusted EBITDA of $38.8 million ...
Tags: Catalyst Paper, EBITDA, Forth Quarter, Adjusted earnings
Kodak will showcase its new KODAK NEXPRESS ZX3900 Digital Production Color Press at drupa 2016. The new press supports thicker paper and the use of synthetic substrates that will open up new opportunities for printers, including short-run ...
Dutch dairy company Royal FrieslandCampina is planning to acquire 51% stake in Pakistani-based Engro Foods for $460m. The European dairy company has approached the Pakistan company to buy around 391 million shares from its parent company ...
Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
Netherlands-based global scientific company DSM has launched new Egg Yolk Pigmentation Guidelines to help produce the desired yolk colour and has added a new colour to YolkFan, which is a tool to measure yolk colour. The addition of the ...
McLaren has announced plans to invest £1bn over the next six years as part of its ‘Track22’ Business Plan. The British company which just formed six years ago, says that this investment will go into research and ...
Tags: McLaren, Track 22 Business Plan, Investment
Ford has invested $145m at its Cleveland engine plant in the US to manufacture its new EcoBoost engine. According to the car maker, the investment will create 150 jobs at the site. This move is part of the company's 2015 UAW collective ...
LED device maker Lite-On Technology, LED lighting maker Laster Tech as well as LED epitaxial wafer and chip makers Epistar and Genesis Photonics have stepped into automotive LED lighting, according to industry sources. Lite-On Technology, ...
Caterpillar has announced that it will discontinue the production of its on-highway vocational trucks, based on present business climate in the truck industry and a thorough evaluation of the business, the company decided it would withdraw ...
Tags: Caterpillar, Vocational Trucks
Construction has started on the Mondelēz International’s $90m biscuit manufacturing factory in Bahrain with scheduled completion expected later this year. Mercury Middle East WLL (Mercury Mena) is the project's general ...
Tags: Biscuit, raw materials
Orora is planning to invest $42m in additional glass bottle forming lines at its Gawler, South Australia, glass plant. In addition, Orora is assessing a potential investment of a further $10 - $15 million in an automated warehouse at ...
Tags: Orora, Glass Bottle
The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
Wesfarmers has attributed its latest successful half-yearly results to a strategic emphasis on customer service, good value and improved product ranges in its Coles supermarkets and other retail stores. The parent company of Coles ...
Tags: Wesfarmers, Retail business