Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Print and marketing services provider Quad/Graphics has expanded the operations of its Dallas facility in the US. The company has announced a multi-million-dollar investment at the facility to expand its services to the next generation ...
Tags: Quad/Graphics, Print
The company has confirmed all of its staff in New Zealand are safe following the earthquake overnight and there is no major damage to any of its manufacturing sites. It does expect some milk collection disruption due to road closures and ...
Tags: Fonterra, earthquake
Hyundai Motor has unveiled plans to construct a hub for big data at the Guian New Area – China’s national epicenter for big data. Starting operations in June 2017, the new facility will be Hyundai Motor’s first overseas ...
Tags: Hyundai Motor, Big Data Center
Toyota has started the production of C-HR crossover at its manufacturing plant in Sakarya, Turkey. The Toyota C-HR became the eighth model currently produced in Europe and enters the C-segment with a fresh new take on the crossover. The ...
Tags: C-HR Crossover, Toyota
Axalta Coating Systems will build a new manufacturing plant in Nanjing, China, where high-performance automobile, commercial vehicle and industrial coatings will be produced. The facility will be built on more than 170,000 m2 of land ...
Tags: Axalta Coating Systems, Coating
Valmet has received a contract from Stora Enso to provide Valmet IQ Process and Quality Vision system (PQV) for the Sunila Mill in Kotka, Finland. Under the contract, Valmet will supply Stora Enso Sunila Mill with a PQV system featuring a ...
Tags: Valmet, Sunila Mill
Irish food company Greencore Group has announced the proposed acquisition of Peacock Foods for $747.5m to expand its presence in the US. The US based Peacock Foods is headquartered in Geneva, Illinois and is into producing frozen ...
Tags: Greencore, Peacock Foods
Mars is urging the business community and global leaders at COP22 to take bold action to implement the targets agreed last year in Paris for tackling climate change. Mars combined this call to action with an announcement of plans for a ...
Tags: Mars, Fossil Fuel
Alto, a subsidiary of Australian packaging company Pact Group, has designed a new bottle for Goodman Fielder’s Meadow Fresh brand for their permeate free milk range. Developed by collaborating with Goodman Fielder’s Meadow ...
Tags: Milk Bottle, Meadow Fresh
San Miguel Corporation (SMC) reported strong results for the first nine months of the year on the back of a strong third quarter and sustained growth across all its businesses. Operating income reached P73.2 billion, 24% higher than the ...
Cascades reports its unaudited financial results for the three month period ended 30 September 2016. Q3 2016 Highlights Sales of $1,021 million (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))Adjusted ...
Tags: Cascades
Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...
Australia’s Nutrano Produce Group has entered into an agreement to acquire Seven Fields and Abbotsleigh Group businesses to strengthen its position in the fresh produce sector. However, the financial details of the transaction were ...
Tags: Fruit Producers, Nutrano Produce
Sanderson Farms, an integrated poultry processing company, has been hit by a class action lawsuit filed in a US district court in New York for allegedly making misleading statements to its investors. Pomerantz, a law firm with presence in ...