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Constantia Flexibles to Divest Labels Division for $1.3bn

Jul 19, 2017

Multi-Color Corporation has agreed to acquire Constantia Flexibles’ labels division for around €1.15bn ($1.3bn). Once the deal concludes, Constantia Flexibles will have 16.6% stake in Multi-Color and two representatives will ...

Tags: Flexibles labels, beverage

Google's Waymo Pulls Plug on Firefly Self-Driving Car

Jun 16, 2017

Google’s self-driving subsidiary Waymo is retiring its prototype autonomous vehicle, dubbed Firefly. The Firefly vehicle, which has no wheel and pedals, was developed as a platform to experiment and learn, but not for mass ...

Tags: Google, autonomous vehicle

NCC Automated Systems Partners with SES Advisors to Complete Employee Stock Ownership Plan

May 18, 2017

NCC Automated Systems, an integrator and manufacturer in the food packaging, and ophthalmic automation industries, announced that the company has formed an ESOP (Employee Stock Ownership Plan). In the transaction, ownership sold a ...

Tags: NCC Automated Systems, food packaging

Rip IDF -- Intel Has Canned Its Annual Developer Forum

Apr 19, 2017

Intel has announced it will no longer hold its annual Intel Developer Forum, after almost 20 years of hosting the popular event. The company said in a short statement on its website that the event has been "retired" with immediate effect, ...

Tags: Intel, CPU

Embark Unveils Self-Driving Truck

Mar 1, 2017

US-based Embark has unveiled its self-driving truck technology to the public. The company—which gained approval by the State of Nevada earlier this year to begin testing its truck on public roads—has created a technology that ...

Tags: Self-Driving Truck, Embark

Totem of The Plateau

Dec 27, 2016

A champion of the yak as an emblem of the Tibetan highlands brings the spirit of the animal to a Beijing museum, Wang Kaihao reports. On China's online social networks, Wu Yuchu called himself Yagebo, which means old yak in Tibetan. An ...

Tags: Beijing museum, yak

Rentsch Brewery Plans to Increase Production by Ten-Fold

Oct 26, 2016

Georgetown's first brewery Rentsch Brewery is planning to triple its building footprint and increase production by ten-fold. In addition, the craft brewery plans to add an outdoor beer garden where patrons can socialize and enjoy ...

Tags: craft brewery, Brewery

ExxonMobil Announces Retirement of Jack Balagia and Expected Election of Randall Ebner as Vice President and General Counsel

Oct 13, 2016

Jack Balagia, vice president and general counsel, Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Nov. 1, 2016, after more than 18 years of service. It is anticipated that the board of directors will ...

Tags: Jack Balagia, vice president and general counsel, Randall Ebner

Mac Papers Names Chris Streibig as Paper Sales Manager in Miami

Oct 11, 2016

Mac Papers, the merchant distributors in the Southeast US, announced Chris Streibig will be its new paper sales manager for the company’s Miami branch, effective 1 January. In this new role, Streibig will be responsible for managing ...

Tags: Mac Papers, Chris Streibig, paper sales manager

ExxonMobil Announces Retirement of Alan Kelly and Expected Appointment of Bryan Milton as President, Exxonmobil Fuels, Lubricants & Specialties Marketing Company

Sep 28, 2016

Alan Kelly, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has announced his intention to retire effective Aug. 1, 2016, after more than 34 years of service. It is anticipated that the board of directors of ...

Tags: Alan Kelly, retirement, Bryan Milton

Flowserve CEO Mark Blinn to Retire

Sep 27, 2016

Flowserve Corp’s Mark Blinn is planning to retire as president, chief executive officer and a member of the board of directors. Blinn, who joined Flowserve in 2004 and was named CEO in 2009, will continue to serve as president and ...

Tags: Flowserve, Mark Blinn, retire

KapStone Paper and Packaging Announces Management Changes

Sep 27, 2016

KapStone Paper and Packaging Corporation announced that effective 1January 2017, Roger Stone is stepping down as CEO. Roger will continue to be an integral part of the KapStone organization, as he will retain his role as Executive ...

Tags: KapStone Paper, Roger Stone, CEO

Change of Leadership at Keystone Clearwater Solutions

Sep 9, 2016

Ned Wehler, the president and CEO of American Water Works Co Inc subsidiary Keystone Clearwater Solutions, will retire with effect from 1 December 2016. Wehler will be replaced by Keystone’s current president and chief operating ...

Tags: Ned Wehler, American Water Works, Keystone Clearwater Solutions

Mitsubishi Motors to Take $480m Charge Over Fuel-Cheat Scandal

Jun 23, 2016

Mitsubishi Motors said that it will book a $480m charge this fiscal year to compensate customers who are affected by its fuel economy manipulation scandal. Chairman Osamu Masuko said that the company will pay a compensation of ¥100000 ...

Tags: Mitsubishi Motors, eK Wagon

Revell Reveals Why Changing Consumer Behaviour Is Key to Its Major Business Changes

Apr 6, 2016

With the firm set to celebrate its 60th anniversary this year, consumer research has been the driver behind the company's bold new direction, encompassing staff changes and fresh kits for casual users. As Revell gears up to celebrate its ...

Tags: Revell, Model kits, Junior kits, 60th anniversary

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