For second-quarter 2018, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $157.8m, down slightly on $158.6m last quarter but up 40.6% on $112.2m a year ago. ...
Analog Devices Inc of Norwood, MA, USA (which provides mixed-signal ICs for cable access) has officially broken ground on its new global headquarters in Wilmington, MA, in a ceremony attended by Jay Ash (Secretary of Housing and Economic ...
Tags: Analog Device
Bosch and Daimler have selected and signed an agreement with the US AI computing firm Nvidia as a supplier for the artificial intelligence (AI) platform they need. AI is an important building block in fully automated and driverless ...
Tags: Daimler, Bosch, Nvidia, AI Platform
Japanese automaker Nissan has abandoned the deal to sell its EV battery manufacturing unit to Chinese private equity firm GSR Capital. The deal, valued at nearly $1bn, was cancelled by Nissan stating that the Chinese firm lacked the ...
Tags: Nissan, GSR Capital
Swedish automaker Volvo Cars has introduced a new mobility brand, dubbed M, to expand its worldwide mobility operations by offering on-demand access to cars and services via an app. Moreover, M will learn about its user’s needs, ...
Tags: Volvo Cars, automaker
Comexi, a provider of solutions for the flexible packaging printing and converting industries, has expanded its operations in the Russian and CIS markets with a new office in Moscow. The company has appointed Alexander Rabassa as business ...
Tags: Flexible Packaging, printing
Voith has introduced TerraSpeed Supreme roll coating featuring new design parameters for better stability and improved sheet release. TerraSpeed Supreme is already being used successfully in more than 15 installations worldwide. The ...
Tags: roll coating, Voith
Food and drink firm Nestlé has partnered with transport and logistics solutions provider XPO Logistics to build a digital warehouse facility in the UK. Nestlé, the world’s largest food and drink company, and XPO ...
Ford is shifting its electric vehicle and autonomous vehicle business teams into a refurbished former factory situated in Detroit’s historic Corktown neighborhood. Much more than just a relocation, the move is a purpose-driven ...
Tags: Ford, Electric Vehicle
DS Smith has completed the acquisition of North American packaging company Corrugated Container Corporation (CCC) for an undisclosed amount. The CCC, which is a family-owned business, has around 190 employees across its four operations in ...
Tags: Corrugated Container, packaging
Packaging machinery solutions provider ProMach has expanded its Western US capabilities with new Southern California facility in Corona, California. The facility will serve as the company’s new home for upgraded and extended ...
Tags: Packaging machinery
Global packaging firm Sonoco has purchased a 6-color direct-to-sheet digital printing press to produce point-of-purchase displays and other promotional packaging. The press allows brand owners to respond rapidly to a dynamic retail and ...
Nestlé has agreed to acquire rights to market Starbucks consumer and foodservice products globally, outside of the latter’s coffee shops. This transaction provides Nestlé with a strong platform for continued growth in ...
Tags: Nestle, Starbucks Products
The Reusable Packaging Association (RPA) has launched a new campaign to promote the value of reusable transport packaging systems for the movement of food from farm, producer, or processor to point of sale. The campaign demonstrates how ...
Tags: Reusable Packaging
PPC Flexible Packaging, a provider of custom flexible packaging for food and healthcare industries, has announced the launch of its new website. The website redesign is part of the rebranding initiative prompted by the 2017 merger of ...