Now is the perfect time to take advantage of the Amazon FBA platform. Amazon has one of the most profitable business models of the 21st century. In the fourth quarter of 2018, they earned a spectacular $72.4 billion dollars. If you are ...
Volvo Cars is expanding production of XC40 small SUV in Europe and China in order to meet increasing demand. The company said that it has received nearly 80,000 orders for the SUV and will expand production at its Ghent manufacturing ...
Tags: Volvo Cars, SUV
OFD Foods, a supplier of freeze-dried food for the US Military, has started construction on a $25m, nearly 50,000ft2 facility in the Town of Henrietta, Monroe County in New York State. The facility, which will be operating by the end of ...
Tags: OFD Foods, dried food
Confectionery giant Mondelēz International has opened a new $90m biscuit manufacturing plant in Bahrain. The new 250,000m2 plant will manufacture the confectionery and snacking firm’s power brands that include Oreo cookies and ...
Oliver Healthcare Packaging has opened a new 68,000ft2 manufacturing facility in Suzhou, China, to expand its operations in the regions. The new Chinese facility will be used for pouch making, roll stock converting, including slitting and ...
Tags: Oliver Healthcare, Packaging
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
Automakers Mazda and Toyota have established a new joint venture company to oversee the construction of a $1.6bn auto manufacturing plant in Alabama, US. The new JV firm, dubbed Mazda Toyota Manufacturing, U.S.A. (MTMUS), will shortly ...
Eltete Group, a provider of transport packaging solutions, has acquired the remaining 55% stake in Poland-based Packprofil. Eltete, which owned 45% stake in Packprofil before 2001, now became the sole owner of the company by purchasing ...
Tags: Eltete Group, edgeboards
US-based Delta Plastics has purchased California-based Command Packaging, including its plastic film recycling subsidiary Encore Recycling, for undisclosed amount. Command Packaging is engaged in manufacturing of sustainable plastic ...
Tags: Command Packaging, Packaging
Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
Evolve Brands has conditionally agreed to buy US-based snacking brands Gorilly Goods and Supernola for an undisclosed price. Privately-held Evolve Brands is a newly founded health-focused snacking company, set to debut at Fancy Food Show ...
Tags: Evolve Brands, snacking
Automotive drivetrain supplier Dana has inaugurated a new axle production facility in Toledo, Ohio, at the site that was initially home to Willys-Overland Motors, which had developed the original Jeep. The 300,000 sq. ft. facility was ...
Tags: Jeep Wrangler, Jeep
Mahindra Automotive North America (MANA) has inaugurated a new North American headquarters and manufacturing facility, the first such new OEM facility in Southeast Michigan in over 25 years. The expansion is part of a $230 million ...
Tags: off-highway vehicle
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
US-based paper and packaging solutions provider WestRock plans to invest $410m at its kraft linerboard mill in Florence, South Carolina, US. The two-year investment plan will see installation of a 330” kraft linerboard machine and ...