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Veeco Reports Higher-Than-Expected Q2 Profits, Despite Falling Revenue From Sales of Blue LED MOCVD Systems to China

Aug 8, 2018

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. ...

Tags: Veeco, LED

Biscuit International Buys Northumbrian Fine Foods

May 18, 2018

Biscuit International has acquired UK-based gluten and milk-free biscuit manufacturer Northumbrian Fine Foods (NFF) from CriSeren Foods. NFF produces Prewett’s range of branded biscuits and also supplies supermarket own-label ...

Tags: Biscuit, Fine Foods

Veeco's Q2 Revenue up 21% Year-on-Year Organically

Aug 9, 2017

For second-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $115.1m, up 22% on $94.4m last quarter and up 53% on $75.3m a year ago. However, this includes ...

Tags: process equipment, Veeco Instruments

Oclaro's Quarterly Revenue up 28% Year-on-Year, Despite 10g Softness in China

Aug 8, 2017

For fiscal fourth-quarter 2017 (ended 1 July), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $149.4m (split about 50:50 between client-side/datacoms ...

Tags: Oclaro, Huawei

Tyson Foods to Invest $27m to Expand Council Bluffs Case-Ready Facility

Oct 11, 2016

Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...

Tags: Tyson Foods, investment, expansion

Analysis The LED Display Screen Market in China

Nov 13, 2015

LEd Display industry in China started in the early 1990s. And it developed rapidly and steadily all the time. Since entering the 21st century, it made growth of 15-20% every year. In 2014, China’s LED display industry maintained ...

Tags: LED Display, LED Screen, Chipshow

Cargill Invests $111m to Convert Facility and Relocate Production in Nebraska

Oct 10, 2015

Cargill is set to invest $111m to transform its ground beef facility in Columbus, Nebraska, to cooked meats facility. This conversion, which will begin in early December this year, will enable the company to produce specific types of ...

Tags: Cargill, meat products, beef

PPG Completes Expansion of Its Mexican Coatings Manufacturing Facility

Oct 10, 2015

PPG Industries today announced that it has completed a $27m expansion of its San Juan del Rio, Queretaro, Mexico, coatings manufacturing facility. The company marked completion of the project, which adds 115 new jobs, with a grand-opening ...

Tags: PPG, automotive OEM coatings, paints

PPG Completes Expansion at Mexican Coatings Manufacturing Facility

Oct 9, 2015

PPG Industries has completed the expansion work worth $27m at its coatings manufacturing facility in San Juan del Rio, Queretaro, Mexico. Work under the expansion included the addition of space for production, product development and ...

Tags: PPG, coatings, packaging

Cree's Quarterly LED Product Revenue Falls 21% Amidst Restructuring

Aug 17, 2015

For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...

Tags: LED Product, LED chips

CREE Approved of a Restructuring of The LED Products Business

Jun 29, 2015

LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that its board of directors has approved the following: a restructuring of the LED Products business; a $500m stock buyback authorization for fiscal 2016; and the ...

Tags: Cree LED, LED chip, ASP Erosion

Post Holdings Plans to Consolidate Its Ready-to-Eat Cereal Business with Mom Brands

May 19, 2015

Cereal maker Post Holdings is planning to consolidate its ready-to-eat cereal business with MOM Brands, a move that will put around 200 jobs at risk. The new business, Post Consumer Brands, will be moved to Minnesota. The company will ...

Tags: Post Holdings, Cereal

BRF Cooperates with Invicta to Distribute Processed Foods in Europe

Apr 24, 2015

Brazilian food company BRF is set to establish a joint venture with UK-based Invicta Food Group to distribute processed foods in Britain, Ireland and Scandinavia. Reuters reported citing a securities filing that the company's ...

Tags: Processed Foods, BRF

Dunbia Northern Ireland to Invest 27m to Create a New Intelligent Boning Hall

Mar 27, 2015

Dunbia Northern Ireland, part of the Dunbia Group, is set to invest 27m to create a new intelligent boning hall and upgrade the company's beef mince line as well as diced & burger line at its Tyrone meat processing plant. The company's ...

Tags: beef, meat, Food

IQE's Second-Half Revenue up 15% on ?52m in First-Half 2014

Jan 21, 2015

In an unaudited trading update for 2014, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects full-year revenue to be about £112m (down 11.7% on £126.8m in 2013, but in line with expectations). ...

Tags: cash restructuring costs, substrate maker, Electrical

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