Plastic caps and closures manufacturer United Caps has opened a automated warehouse in Wiltz, Luxembourg. The warehouse is expected to increase the company’s storage capacity by 30%, from 3000 palettes to 4500. The facility is ...
Tags: Plastic caps, automated warehouse
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Dow Chemical has completed the construction of its new ELITE enhanced polyethylene production facility in Freeport, Texas, US. Part of the firm’s $6bn expansion on the US Gulf Coast, the 400,000 metric ton polyethylene facility is ...
Tags: Dow Chemical, polyethylene
Molson Coors Brewing has agreed to import, market and distribute Heineken's Sol beer brand in the US. Heineken and Molson Coors Brewing have signed a 10-year import agreement, which offers both brewers an opportunity to focus on important ...
Tags: Molson Coors, Beer
A new report from Smithers Pira has revealed that digital print for packaging market will surge to $23.2bn in 2022, from $13.2bn in 2017. The report titled ‘The Future of Digital Print for Packaging to 2022’ explores how the ...
Tags: Packaging Market, Digital Print
German automaker Daimler and its Chinese partner BAIC Group have signed a new framework agreement for the production of electric vehicles. The agreement is focused on two significant investments. The first part is that Daimler will invest ...
Tags: Daimler, Electric Vehicles
Frigoglass SAIC has announced unaudited results for the first quarter ended 31 March 2017 First Quarter 2017 Highlights Sustained growth momentum in Europe driven by increased sales to Coca-Cola bottlers and breweries Double digit ...
Tags: Frigoglass, bottler
Mercedes-Benz Vans and Hermes have partnered for the development of technologies and services for vehicle fleet operated by the retail and logistics services provider. Volker Mornhinweg, Head of Mercedes-Benz Vans, and Hanjo Schneider, ...
Tags: Mercedes-Benz, Hermes
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
Pegasus Agriculture Group will launch a new organisation, dubbed Pegasus Food Futures, at the upcoming Indoor Ag-Con to provide solutions to global food supply challenges through operations and innovations in livestock, feed stock and food ...
Veritiv a North American leader in business-to-business distribution solutions, has announced financial results for the first quarter ended 31 March, 2017. "Our first quarter results were mixed," said Mary Laschinger, Chairman and CEO of ...
Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
Libbey, one of the largest glass tableware manufacturers in the world, has reported results for the first quarter ended 31 March 2017 Net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency ...
Tags: glass tableware, tableware
Lux Global Label has purchased certain assets from Pennsylvania-based global package printing firm National Label for an undisclosed price. Lux Global Label is a newly formed holding company backed by private equity company Resilience ...
Tags: Lux Global, package