KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
Sappi has announced plans to invest at its facilities in Europe and the US in a bid to increase capacities for packaging and specialty paper. In the next three years, the firm intends to invest $140m in equipment upgrades and production ...
Tags: Sappi, Packaging, Specialty Paper
TRU Aseptics, (TRU) has completed its acquisition of the former WILD Flavors Aseptics Facility in Beloit, Wisconsin from Chicago-based Archer Daniels Midland Company. The facility is 65,000 sq. ft. and sits on 5.2 acres. TRU will ...
Tags: TRU Aseptics
Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...
Tags: Crown, beverage can
Folding cartons, corrugated packaging producer Green Bay Packaging has purchased and installed a new Speedmaster XL 145-7+L printing unit from Heidelberg at its facility in Wisconsin, US. The very large format (VLF) printing press, ...
Tags: Folding cartons, Green Bay
Sports car maker McLaren Automotive is building a £50m chassis factory in South Yorkshire, UK, creating 200 jobs. The facility will be built at the University of Sheffield's Advanced Manufacturing Research Centre (AMRC) at Catcliffe ...
Tags: McLaren, Sports car
Alpine 4 Technologies is providing Elio Motors its 6th Sense Auto and BrakeActive products, as well as related manufacturing, data sharing and engineering resources. Elio Motors, based in Phoenix, is a high-profile startup vehicle ...
Tags: Elio Motors, BrakeActive products
Ford Motor Company has issued one safety recall and one safety compliance recall in North America. Ford issues safety recall for certain 2016 Ford Focus and C-MAX vehicles to inspect and repair left-hand body apron joints located on the ...
Tags: Ford, Trucks, C-Max Cars
Toyota said it will boost SUV production at an Indiana factory with a $600m investment, which could add 400 jobs. The investment is part of the company’s strategy of localisation to build vehicles where they are sold. It will be ...
Although the Lunar New Year holiday has ended, employees in China will have to wait until the Lantern Festival to return to work. In addition, power plant installation has been suspended in China during the Lunar New Year holiday, leading ...
Tags: PV Market, Solar Cell
China’s National Development and Reform Commission (NDRC) officially released the full articles of the 13th Five-Year Plan, regulating the energy development roadmap and action plan from 2016 to 2020. For solar PV, the basic ...
Tags: low-carbon energy, solar PV
Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...
Tags: Electronics, electric vehicles
Niagara Bottling is set to invest around $95m to expand its operations in Box Elder County, Utah, US. The beverage bottling firm, along with the Economic Development Corporation of Utah (EDCUtah), has announced the expansion and capital ...
Tags: Niagara Bottling, beverage
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
Mississippi-based poultry processor Sanderson Farms has established a new processing plant and wastewater treatment facility with an investment of $155m in North Carolina. The new 180,000ft2 poultry plant located in St. Pauls will ...
Tags: Sanderson, wastewater treatment