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Neopac Purchases Majority Stake in India's 3D Technopack

Oct 31, 2017

Switzerland-based Hoffmann Neopac has purchased a majority stake in India-based 3D Technopack for an undisclosed sum. Based in Mumbai, 3D Technopack is engaged in the production of plastic tubes for the health and beauty care markets. ...

Tags: Neopac, 3D Technopack

Multivac to Expand Capacity at German Facility

Aug 30, 2017

Germany-based labelling and inspection systems developer Multivac Marking & Inspection is expanding its Enger production facility in Germany with a €2.5m investment. The project includes an extension to the production hall, which ...

Tags: Multivac, inspection systems

H. I. G. Capital Sells Albertville Quality Foods to OK Foods

Aug 3, 2017

H.I.G. Capital has divested its portfolio company Albertville Quality Foods to OK Foods, a subsidiary of Industrias Bachoco. Albertville is among the largest independent further processors of protein based products. The Company focuses on ...

Tags: OK Foods, H.I.G.Capital

Crown Reports Q4 2016 Results

Feb 13, 2017

Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...

Tags: Crown, beverage can

Showa Denko's Subsidiary to Produce Sleek Cans for Vietnamese Beverage

Dec 13, 2016

Showa Denko’s (SDK) subsidiary Showa Aluminum Can (SAC) is set to produce sleek cans for beverages in Vietnam. In May 2014, SDK and SAC acquired a 91.75% stake in Hanacans Joint Stock Company, which produces beverage cans in ...

Tags: Vietnamese Beverage, Packaging

Intertape Polymer Group Reports Q3 2016 Results

Nov 15, 2016

Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...

Tags: Intertape Polymer, Powerband Industries

Truck Manufacturers Face Overcapacity

Aug 2, 2016

China's truck manufacturers are keeping their eyes on international markets and on production upgrading as ways to deal with the industry's severe overcapacity. "The level of globalization will decide the future of our company", said Ma ...

Tags: high-end markets, truck

Hilton Partners with Sonae to Supply Meat in Portugal

Jul 12, 2016

Hilton Food Group has signed an agreement with ModeloContinenteHipermercados (Sonae) to co-operate for the supply of retail packaged fresh meat into Sonae stores in Portugal. Under the terms of the agreement, Hilton will work with Sonae ...

Tags: fresh meat, food retailer

Oclaro's Quarterly Revenue Grows 8%

Feb 5, 2016

For fiscal second-quarter 2016 (to 26 December), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $94.1m (slightly above the $88-94m guidance). This is up ...

Tags: Oclaro, Wireless sales

Borgwarner Provides Advanced Technologies for GM 8-Speed Transmission

Sep 23, 2015

BorgWarner supplies Eco-Launch stop/start accumulator technology and multi-segment wet friction plates for the new 8-speed rear-wheel drive automatic transmission (8L45) from General Motors. To enable the transmission's stop/start ...

Tags: BorgWarner, transmission, Eco-Launch stop/start accumulator

Lubrizol Completes a Significant Project to Expand Capacity

May 26, 2015

The Lubrizol Corporation's Performance Coatings business has completed a significant project to expand capacity and increase manufacturing efficiencies at its solvent acrylics production facility in Sant Cugat (Barcelona), Spain. Solvent ...

Tags: Performance Coatings, solvent acrylics

BrewDog Has Initiated a Record 25million Pound Crowdfunding Project.

Apr 24, 2015

The independent Scottish craft beer producer BrewDog has initiated a record £25m crowdfunding project. With a minimum investment of £95 for two shares, the Aberdeenshire-based brewer is offering 526,316 shares, in a bid to ...

Tags: Crowdfunding Bid, Brewdog

China Makers to Surpass Taiwan in TFT LCD Capacity

Apr 10, 2015

China panel makers estimate their TFT LCD production capacity could surpass that of Taiwan makers as early as 2017 to hold the global number two spot behind Korea, as they continue to invest in expansion coupled with conservative efforts ...

Tags: TFT LCD, tablet LCDs

Ashland Invests $89 Million to Improve Production of HEC Thickener Used in Latex Paints

Apr 7, 2015

Ashland Specialty Ingredients, a commercial unit of Ashland Inc., plans to invest approximately $89 million over the next three years to expand specialty chemical production at its manufacturing facility in Hopewell, Virginia. Virginia ...

Tags: Ashland Specialty Ingredients, chemical production, Construction

Logistics Award Is Given to Proximity and Scandinavian House

Apr 2, 2015

The SHD Logistics Award 2015 in the Innovation Technology category was won for the implementation of Stream, an order, delivery and transport management software application by Proximity with children’s bedroom and furniture supplier ...

Tags: SHD Logistics Award, Scandinavian House, Furniture

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