Silgan, a supplier of rigid packaging for shelf-stable food and other consumer goods products, reported second quarter 2016 net income of $33.3m, or $0.55 per diluted share, as compared to second quarter 2015 net income of $42.2m, or $0.70 ...
Tags: rigid packaging, shelf-stable food
Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended 2 July 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
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Technical Help in Engineering and Marketing (T.H.E.M.), a leading provider of flexible packaging solutions, recently announced the opening of its new 20,000ft2 facility for non-food contract packaging. Expected to be operational in ...
Tags: flexible packaging, packaging
Packaging machinery supplier Bobst and BHS Corrugated have been awarded a contract by Mexican paper and packaging manufacturer Grupo Gondi to supply and install 11 new production lines. The contract scope includes purchase of two BHS ...
Tags: Packaging Equipment, packaging
French dairy giant The Bel Group has agreed to engage in exclusive negotiations to acquire a majority stake in fruit snacks and dessert maker MOM Group. Owned by a private equity LBO France, the MOM Group has significant presence in the ...
The Adidas Group officially laid the foundation stone for two new employee buildings at its headquarters in Herzogenaurach. 'Campus Expansion South is a further key prerequisite for the company's continuing growth and includes a new ...
Bern Unlimited Inc. has promoted Jeff Cavicchi, formerly National Sales Manager, to Director of Global Operations and named three new leaders to head up sales both in the U.S. and overseas. Cavicchi, a 20-year veteran of the bike ...
Tags: Bern, bike industry
The Food & Drug Administration (FDA) has granted the first GRAS classification for any rice protein to Axiom Foods for their clinically-studied Oryzatein organic brown rice protein ingredient. Axiom's Vegotein pea protein was also awarded a ...
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Raytheon UK's Integrated Power Solutions (IPS) business unit in Glenrothes, Scotland, has developed a high-temperature, small-form-factor bridge leg power module. Aimed at high-speed switching applications, the module has potential uses in ...
Tags: Raytheon, Electrical Switching
For fiscal third-quarter 2016 (to end-May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.38m (slightly below the expected $2.4-3m), down 18% on $2.92m last quarter and down 47% on $3.5m a year ...
Hyundai has unveiled the all new 2017 Elantra Sport at a meeting of the Washington Automotive Press Association in Alexandria, Virginia. The most powerful Elantra model ever, the Sport benefits from a variety of important powertrain, ...
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XL Hybrids has received approval from California Air Resources Board (CARB) for incentive vouchers for converting hybrid-electric vehicles to fleet vehicles. The approval for the first California Heavy Duty Voucher Incentive Project ...
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Domestic demand is a key pillar of Chinese economy as the second quarter saw smooth growth and China will continue to promote the new economy to foster growth, Chinese Premier Li Keqiang said on Monday. The Chinese economy is going on ...
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Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany says that optoelectronics manufacturer Xiamen Changelight Co Ltd of Xiamen, Fujian Province, China has finalized qualification of its AIX R6 Close Coupled ...
Tags: Aixtron SE, Changelight, MOCVD
Global food giant Mars has announced that it would invest £23m to expand its King's Lynn facility in the UK to meet the growing demand for Uncle Ben's Ready to Heat rice. The company plans to make the investment to add a new ...
Tags: Global food giant Mars, Heat rice