Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
China has targeted installing 86.5GW PV capacity during 2017-2020 under the 13th Five-Year National Development Plan, including 54.5GW for ground-mounted PV projects and 32GW, or 8GW a year, for PV projects under the "Top Runner Program," ...
Tags: PV capacity, PV
Russian meat and feed producer Cherkizovo Group has unveiled plans to build turkey fattening sites in Lipetsk region. "Cherkizovo Group is a long-established and strategically important partner of Lipetsk region. The Group is building ...
A major bottleneck in the commercialization of micro-LED displays is the mass transfer of micron-size LEDs to a display backplane, according to ‘3Q17 Micro LED Next Generation Display Industry Member Report: Analyses on Mass Transfer ...
Self-driving vehicle technology developer Nauto has closed a $159m series B financing round for its growth and global expansion. A subsidiary of SoftBank and Greylock Partners led the round. Others participating in the round were ...
Coloredge, the largest provider of visual marketing solutions for upscale brands and retailers, announced that it has extended its large-format printing operations to China. The new expansion reflects Coloredge's commitment to scaling ...
Tags: Coloredge, visual marketing
Packaging and tissue products manufacturer Cascades has opened its new $64m tissue converting plant in Scappoose, Oregon, US. The 284,000ft² facility has converting lines, high speed rewinders and folders, and bath lines.. It ...
Tags: Packaging, tissue products
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that, for first-half 2017, it expects revenue of about £70m, reflecting increased sales in each of its three primary markets. “All business units have ...
UK-based Fast Pak Packaging has installed a new 1700 x 1200 size semi-automatic diecutting machine in the Redline product range manufactured by Diecut UK as part of an ongoing expansion plan. The new Redline diecutter has been placed next ...
Tags: Fast Pak Packaging, Packaging
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
Enjoy Life Foods has introduced three new flavors Caramel Blondie, Carrot Cake and Lemon Blueberry Poppy Seed in its range of Baked Chewy Bars. The launch follows Enjoy Life’s steadfast portfolio expansion across multiple aisles of ...
Tags: Enjoy Life Foods, Baked Chewy Bars
Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction simultaneously. SSM Textile Machinery (www.ssm.ch) is a ...
Tags: Schweiter, Textile Machinery
Tyson Foods will invest $59.7m to expand its distribution center in Pottsville, Pennsylvania which would create more jobs, improve efficiency and support its growth plans. The project, which will begin this summer, includes construction ...
Tags: Tyson Foods, foodservice
Spain-based food company Cerealto has closed the acquisition of Italian pasta maker Pastificio Mediterranea for an undisclosed price. The acquisition, which was completed following an approval from Concordato de Alessandria, also includes ...
Tags: Cerealto, Italian Pasta