Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Austria-based Schur Flexibles Group has signed an agreement to acquire majority stake in the Dutch company Drukkerij Zwart for undisclosed amount. Drukkerij Zwart is engaged in developing and producing packaging products for the food ...
Tags: Packaging, Drukkerij Zwart
Brooklyn Brewery is planning to construct a $80m craft beer plant at the Stewart Industrial Park near Newburgh, Orange County, US. Commissioners of the Port Authority are expected to give their final approval for a 60 year lease of 18.9 ...
Tags: Brooklyn Brewery, Craft Beer
Daibochi Flexibles, a wholly-owned subsidiary of Daibochi Plastic and Packaging Industry, has signed a memorandum of agreement (MOA) with Myanmar Smart Pack Industrial Company to tap into the growing consumer packaging market. As part of ...
Tags: Daibochi, Smart Pack, Flexible Packaging
The Canadian government has secured export agreement for Alberta seed potatoes to Thailand. After Prince Edward Island and New Brunswick, Alberta has now become the third Canadian province to get market access for seed potatoes in ...
Tags: Alberta Seed, Potato
Electric car-maker Tesla Motors has agreed to acquire German company Grohmann Engineering. Accelerating a sustainable energy future is only possible with high-volume factories. They allow us to manufacture high-quality products with ...
Tags: Tesla, Engineering
Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
Volkswagen has received permission from the Federal Motor Transport Authority (Kraftfahrt-Bundesamt) in Germany for the modification of models with the 1.6-litre EA 189 TDI engine. The technical solutions for 2.6 vehicles with EA 189 ...
Tags: Volkswagen, TDI Engine
SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
Despite the increasingly cold weather and US election madness, LG G5 owners have at least one thing to be cheery about. LG has started rolling out Android 7.0 Nougat to the flagship LG G5, at least on its home turf of South Korea. Nougat ...
Tags: LG G5, Android 7.0
Netflix is readying up a new offline viewing mode that will let users download content to watch later, apparently. The media streaming giant is working on a “download-to-go” option for users who want to watch TV and movies ...
Tags: Netflix
Chinese civilian airport market is now fully accessible to private capital as the national aviation authority issues a sweeping rights-granting guideline Sunday. The Civil Aviation Administration of China (CAAC) rolled out the red carpet ...
Tags: Civilian Airport Market
A US judge has approved Volkswagen's $14.7bn deal that arose from the automaker's diesel emissions cheating scandal. Judge Charles Breyer of the US District Court for the Northern District of California granted final approval to the ...
Tags: diesel emissions, diesel cars
French dairy giant The Bel Group has entered into an agreement with LBO France to acquire a majority stake in fruit snacks and dessert maker MOM Group. Under the agreement, Bel will acquire 65% stake in the company, while the remaining ...
Tags: Bel, Healthy Snack
Rachel Pauls Food has launched a new line of energy bars called Happy Bars. Great-tasting Happy Bars come in four flavors: Chocolate Chip Delight, Orange Chocolate Ecstasy, Peanut Chocolate Euphoria and Peanut Maple Pleasure. The bars ...
Tags: Rachel Pauls Food, Energy Bar