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New Star Metals Announces Name Change to Material Sciences Corporation
Apr 30, 2019New Star Metals has announced that, effective November 2, the company will be known as Material Sciences Corporation (MSC). Founded in 2010, New Star Metals added the original Material Sciences Corporation to its growing list of ...
Tags: New Star Metals, Coating, Electric Coating Technologies
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P&G Commists to 100% Recyclable Packaging by 2030
Apr 27, 2018Personal care giant Procter & Gamble (P&G) has announced new sustainability goals for 2030, which include 100% recyclable or reusable packaging. PG announced it has achieved many of its 2020 environmental sustainability goals, has plans ...
Tags: Recyclable Packaging, Packaging
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Pairwise Plants Raises $25m Funding to Speed up Crop Innovation
Mar 22, 2018Pairwise Plants has closed a $25m Series A funding round co-led by Deerfield Management and Monsanto Growth Ventures (MGV), the venture capital arm of Monsanto to accelerate crop innovation. Pairwise is an agricultural company focused on ...
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Mazda, Toyota Establish JV for $1.6bn Auto Manufacturing Plant in Alabama, US
Mar 13, 2018Automakers 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 ...
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Crown's Net Sales Increase in 2017 Fourth Quarter
Feb 9, 2018Crown 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
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Magna International Realigns Management Structure Along Product Lines
Dec 21, 2017Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...
Tags: automotive, roof systems, sealing systems
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Ferrero Acquires Candy Manufacturer Ferrara Candy
Dec 6, 2017Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...
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SodaStream Introduces Fine Sparkling Drink with Riesling Flavor in Germany
Nov 29, 2017SodaStream International has launched its limited edition line, 'Sparkling Gold,' a fine alcoholic concentrate to be added to sparkling water. This sparkling tangy tongue pleaser, resembling the taste of a fruity Riesling wine, is ...
Tags: sparkling water, wine
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Hormel Foods Merges Specialty Foods Segment Into Grocery Products Segment
Nov 23, 2017Hormel Foods has merged its specialty foods segment into its grocery products segment. It will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded ...
Tags: Hormel Foods, Grocery Products
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Paine Schwartz Invests in Ingredient Firm Lyons Magnus
Nov 16, 2017Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
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Robert Aiken Steps Down as President of TreeHouse Foods
Nov 6, 2017TreeHouse Foods, a manufacturer of packaged foods and beverages, said that its president Robert Aiken has resigned on 29 October. The company's chairman and CEO Sam K. Reed will assume the role of president. "We are disappointed by ...
Tags: TreeHouse Foods, packaged foods, beverages
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Crown's Net Sales Increases in Third Quarter of 2017
Oct 26, 2017Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...
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Clearwater Paper Reports Third Quarter 2017 Results
Oct 23, 2017Clearwater Paper Corporation has reported financial results for the third quarter of 2017. The company reported net sales of $426.5 million for the third quarter of 2017, down 2.0% compared to net sales of $435.3 million for the third ...
Tags: Clearwater Paper, Packaging
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Mazda Begins Cx-5 Crossover Production at Hofu Plant in Japan
Oct 19, 2017Mazda Motor started production of the new CX-5 crossover at its Hofu Plant No. 2 in Yamaguchi Prefecture to meet the growing global demand for crossovers. Until now the CX-5 has been produced at the company’s Hiroshima Plant and at ...
Tags: Mazda Motor, CX-5 crossover
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Neenah Grows Technical Products Platform with Agreement to Acquire Coldenhove
Oct 16, 2017Neenah Paper has signed a definitive agreement to purchase all of the outstanding equity of W.A. Sanders Coldenhove Holding. Coldenhove is a specialty materials manufacturer based in the Netherlands, with a leading position in digital ...
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