Finnish packaging firm Huhtamaki is planning to establish three new manufacturing units in a bid to boost its flexible packaging business. One of the three facilities is planned to be built in Cairo, Egypt while the other two units in ...
Tags: Huhtamaki, Flexible Packaging
Japanese car-maker Nissan said that it will end the production of Tsuru in Mexico in May 2017. The popular Tsuru, with more than 2.4 million sales to date, has provided accessible, economical and dependable mobility for drivers across ...
Brazilian meat processor JBS has cancelled its plans to move some of its operations outside the country after a government agency BNDESPar vetoed a proposed reorganization. BNDESPar, Brazil's state development bank BNDES’ investment ...
Tags: meat processor, JBS
Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...
MGP Ingredients has issued updates regarding chemical release that occurred on 21 October at its plant in Atchison, Kansas. As previously reported, a chemical release occurred at MGP Ingredients' plant in Atchison, Kansas, at ...
Tags: MGP Ingredients, Kansas Plant
The Legend of Zelda: Breath of the Wild will no longer act as a launch title for Nintendo Switch, according to a recent report. Sources close to Nintendo speaking with Eurogamer and industry insider Emily Rogers believe the ...
Tags: Nintendo Switch, Nintendo
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Valmet has received a contract from Stora Enso to provide Valmet IQ Process and Quality Vision system (PQV) for the Sunila Mill in Kotka, Finland. Under the contract, Valmet will supply Stora Enso Sunila Mill with a PQV system featuring a ...
Tags: Valmet, Sunila Mill
Shipments of smartphones by Taiwan-based brand vendors and handset ODMs declined 35% on year to 12.36 million units in the third quarter of 2016, according to data compiled by Digitimes Research. Lower-than-expected shipments from brand ...
Tags: Smartphone, Handset
Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
Pro Mach subsidiary Edson Packaging Machinery has developed Raptor top-load case packer designed for production of pouches, bags, and flow wrapped products. The new solution is designed to help co-packers and specialty product ...
Tags: Pro Mach, Case Packer, Flow Wrapped Products
Stora Enso has finalized the co-determination negotiations regarding the consolidation of manufacturing of corrugated packaging in Finland. Stora Enso’s corrugated packaging plant in Heinola will be closed permanently and packaging ...
Tags: Stora Enso, Corrugated Packaging
UK based Paramount Labels has purchased PicoColour UV inkjet digital label press from Dantex Digital to strengthen its business. The firm also invested in a newly built in-house digital printing department as part of its £1m ...
Tags: Digital Label Press, UV inkjet
Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy