Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
Toyota said that it will build the third generation of Auris hatchback model at its UK car plant in Burnaston, Derbyshire. The engines for the model will be sourced from Toyota Motor UK’s (TMUK) factory in Deeside, North Wales. ...
Tags: Toyota, Auris Model
Saica, a corrugated cardboard paper manufacturer, has acquired French corrugated case material and corrugated packaging manufacturer Emin Leydier. The acquisition will allow Saica to expand its production capacity of recycled corrugated ...
Tags: Saica, Corrugated Packaging
Flexible liquid packaging solutions provider Liqui-Box has installed a new Maverick Dream Machine development bag line at its global technology center located in Ashland, Ohio, US. Liqui-Box already installed a smaller scale version of ...
Pearson Packaging Systems, a producer of secondary packaging equipment, has completed the acquisition of robotic automation specialist Flexicell. Established in 1992, Flexicell provides end of line automation equipment for manufacturing ...
Tags: Pearson Packaging, beverage
US-based Corrugated Synergies International (CSI) has invested in Electronics For Imaging’s (EFI) full ecosystem of technologies, as part of its efforts to advance its corrugated packaging operations. The company purchased full ...
Tags: Corrugated Synergies, Electronics
Ford is investing $25m at its Kentucky plant to increase production of its Lincoln Navigator, Expedition SUVs in order to meet increasing customer demand. The company claimed that Navigator retail sales were up triple digits in most ...
Tags: Ford, Lincoln Navigator
Danish Crown’s Polish meat business Sokolow has revealed its intentions to acquire its rival Gzella Meat Group. Gzella Meat's operations are confined to the northern region of Poland. The deal between the two Polish meat firms ...
Tags: Polish meat, Gzella Meat
Custom Printed Products, a manufacturer of label and flexible packaging, has purchased a Mark Andy Digital One label press, to add digital capability to its business. The entry-level Digital One label press is designed for short and micro ...
Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks. Financial terms of the transaction have not been disclosed by the ...
Tags: Nestle, Organic Food
Berry Global Group has completed the acquisition of Clopay Plastic Products from Griffon for $475m. Clopay, which provides printed breathable films, is also involved in the development of elastic films and laminates for use in ...
Crown 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
FCA US has agreed to deliver Chrysler Pacifica Hybrid minivans to Waymo's driverless ride-hailing service. Delivery of the vehicles is expected to take place later this year and they will be deployed across multiple cities in the US. ...
Tags: Self-Driving Service, Chrysler
International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
Al Jawad Group has invested in a Koenig & Bauer’s (KBA) new six-colour Rapida 106 press, in a bid to expand its production operations. The company is purchasing six-colour Rapida 106 with coater, extended delivery and highspeed ...
Tags: Rapida 106, Rapida