For full-year fiscal 2017 (to end-April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $1449.3m, up 14.7% on fiscal 2016’s $1263.2m. However, for fiscal ...
Tags: Finisar, Datacom product
German industrial packaging firm Mauser Group is investing $10m in a new packaging facility in Geismar, Louisiana, US. Mauser USA will operate the 40,000ft² packaging and logistics facility, close to the company’s major clients ...
Tags: industrial packaging, packaging
Hyundai Motor has unveiled its latest subcompact SUV, the Kona, which will go on sale in Korea later this month. The new SUV will be introduced in Europe in August and the US market in December. Kona will join the company’s ...
Tags: Hyundai, Compact SUV
Packaging solutions provider Molins has agreed to divest its instrumentation and tobacco machinery (I&TM) division to Coesia subsidiary G.D S.p.A for around £30m. The company intends to use the proceeds from the deal to invest in ...
Tags: Packaging, Tobacco Machinery
The award-winning zombie shooter is coming to PlayStation VR on June 27, Vertigo Games has announced. Having already been released on Oculus Rift and HTC Vive in December 2016, the undead VR outing is now shambling onto consoles. ...
Tags: PlayStation VR, zombie shooter
Packaging products supplier Crown Holdings has opened its first beverage can manufacturing facility in Nichols, New York, US. The facility will support the company in harnessing the growing demand for specialty beverage cans in the US. ...
Tags: Packaging products, Beverage
Viking Plastics has acquired Kentucky Manufacturing & Technology to expand into Southeast US and into new markets. Financial details about the transaction have not been disclosed. KMT is a manufacturer of high-precision, custom ...
Apple has been the world’s most valuable company for a while now, but the iPhone maker’s worth has just soared past an incredible new milestone. The stock market value of Apple has finally crossed $800 billion, marking the ...
For fiscal fourth-quarter 2017 (to 1 April), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $642m, up 5.7% on $607.1m a year ...
Tags: Smartphone, Qorvo
PV companies Canadian Solar, ReneSola, and Hanwha Q CELLS have already filed their annual reports for 2016 Form 20-F, while Yingli Green Energy has filed an extension since it is unable to filed its report on time. Press releases published ...
Tags: PV Cell, Solar Panel
Packaging Corporation of America has reported first quarter 2017 net income of $117m or $1.24 per share and $1.27 per share excluding special items. First quarter net sales were $1.5 billion in 2017 and $1.4 billion in 2016. Reported ...
Tags: Packaging, special items
Thai Containers Group (TCG), a joint venture between Rengo and SCG Packaging Public Company, has acquired an 80% interest in PT Indocorr Packaging Cikarang. PT Indocorr, which operates in eastern Jakarta, produces corrugated packaging ...
Tags: Rengo, Corrugated Packaging
Icelandic Group has confirmed its intentions to divest its UK operations, Seachill, which supplies chilled fish to the country's retail market. The company's board has decided to start a sale process for Seachill, which had sales of ...
Tags: Icelandic Group, Seafood
Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...
RiceBran Technologies has signed an agreement with Alothon Group, its minority co-investor in Nutra, that terminated Alothon's roll-up rights, a process that would have let Alothon to exchange its equity position in Nutra for an equivalent ...
Tags: RiceBran, Roll-up Rights