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Veeco Reports Higher-Than-Expected Q2 Profits, Despite Falling Revenue From Sales of Blue LED MOCVD Systems to China
Aug 8, 2018For second-quarter 2018, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $157.8m, down slightly on $158.6m last quarter but up 40.6% on $112.2m a year ago. ...
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Hyundai Motor Invests in Technology Firm Autotalks
Jul 9, 2018South Korean automaker Hyundai Motor has invested in Autotalks to develop connectivity technology for increased road safety. The companies will collaborate to develop the next generation Vehicle to Everything (V2X) chipset for connected ...
Tags: Hyundai Motor, sensors
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UK's Baker Labels Invests in Roland Inkjet Printer and Matrix Laminator
Jun 13, 2018UK-based printer Baker Labels has invested in a Roland DG inkjet printer and Matrix laminator to expand its Print Bureau capabilities. The Roland DG's Versa UV LEF 300 flatbed printer, which has been installed at Baker Labels’ ...
Tags: printer, Baker Labels, inkjet printer
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St-Luc Labels &e Packaging Invests in Comexi L20000 Water-Based Laminator
Jun 12, 2018St-Luc Labels & Packaging has purchased and installed a Comexi L20000 water-based laminator at its headquarters in Belgium. Employing more than 200 people, St- Luc prints and converts flexible packaging from its production sites located ...
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Hyundai Invests in Metawave to Build Intelligent Radars for Autonomous Vehicles
May 18, 2018Hyundai CRADLE, the venture capital wing of Hyundai Motor has invested in Metawave to help develop smart automotive radar platforms. Hyundai autonomous vehicles will be equipped with next-generation radar systems. Metawave uses adaptive ...
Tags: Autonomous Vehicles, Hyundai
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Continental Datalabel Invests in Mark Andy Performance Series P5 Presses
May 18, 2018Label and tag manufacturer Continental Datalabel has installed three Mark Andy Performance Series P5 presses, to support growing production volumes in the US. The firm, which operates three manufacturing facilities in Texas, California ...
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Sonoco Invests in Direct-to-Sheet Digital Printing Press
May 16, 2018Global packaging firm Sonoco has purchased a 6-color direct-to-sheet digital printing press to produce point-of-purchase displays and other promotional packaging. The press allows brand owners to respond rapidly to a dynamic retail and ...
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Tyson Foods Invests in Lab-Grown Meat Producer Future Meat Technologies
May 4, 2018Tyson Ventures, the venture capital unit of Tyson Foods, has co-lead a $2.2m seed investment in Future Meat Technologies. Based in Jerusalem, Future Meat Technologies is a food tech company that is engaged in non-GMO production of ...
Tags: Tyson Foods, Meat
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Danish Packaging Firm Primoreels Invests in Nilpeter All-New FA Press
Apr 28, 2018Danish packaging company Primoreels has invested in a new Nilpeter all-new FA press to increase printing quality and capacity. Primoreels is engaged in providing lidding solutions for the dairy sector and water/juice industries. The firm ...
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Meredith-Springfield Invests in Aoki's Injection Stretch-Blow Molding Machine
Apr 24, 2018US firm Meredith-Springfield has acquired latest injection stretch-blow molding machine (ISBM) technology from Japan’s Aoki Technical Laboratory. The move will allow Meredith-Springfield to economically manufacture a new product ...
Tags: blow molding machine, beverages
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France-Based Label Converter NTE Invests in Mark Andy Digital Hybrid Press
Apr 24, 2018France-based family-run label converter, Nord Techniques Etiquetage (NTE), has installed Mark Andy Digital One press. The investment is a part of NTE’s plan to bring its capability up to date. The company employs 20 staff. Mark ...
Tags: Digital Hybrid Press
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Smurfit Kappa Invests in Facture Paper Mill to Meet Growing Demand for Kraftliner
Apr 23, 2018Smurfit Kappa has further invested in its Facture paper mill to meet the growing demand for kraftliner grades in Europe. An upgrade of the mill, which is in South West France, was successfully completed in March following a three-week ...
Tags: Smurfit Kappa, Paper Mill
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South Africa's First Impression Labels Invests in Screen and Rotocon Equipment
Apr 8, 2018South African label printer and converter First Impression Labels (FIL) has purchased equipment from Rotocon and Screen Graphic Solutions to boost its digital print production capability. The firm has invested in a Screen Truepress Jet ...
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Reflex Label Plus Invests in Nilpeter's 14-Colour FA Flexo Press
Mar 21, 2018UK-based printer Reflex Label Plus has invested in a FA flexo press from Nilpeter to meet growing customer demands for labels. The 14-unit FA flexo press, which is planned to be installed at the firm’s its Keighley site in England ...
Tags: printer
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Klingele Invests in Koenig & Bauer's Rotary Die Cutter
Mar 13, 2018Klingele Group has invested in the new high board line rotary die cutter, CorruCUT, from Koenig & Bauer. Klingele has placed an order for six-colour press with a working width of 2,800 mm for its Delmenhorst box facility. This press is ...
Tags: Klingele, Die Cutter
