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NeoPhotonics Restructuring as It Reports Below Expected Preliminary Q3 Results After Uncertain Demand From China
Oct 10, 2017As part of its continuing actions to improve profitability and cash flow, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for ...
Tags: NeoPhotonics
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2 Sisters Food Group to Close Smethwick Poultry Plant in UK
Jun 7, 20172 Sisters Food Group is closing its Smethwick poultry plant in the West Midlands, UK, which will result in the loss of several jobs. The 2 Sisters Food Group, which is owned by food tycoon Ranjit Boparan, revealed that the poultry factory ...
Tags: 2 Sisters Food, poultry
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CCL Industries Announces 2016 Financial Results
Mar 1, 2017CCL Industries, a world leader in specialty label and packaging solutions for global corporations, government institutions, small businesses and consumers, reported record fourth quarter and annual financial results for 2016. Sales for ...
Tags: CCL Industries, specialty label, packaging
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Ball to Halt Production at Beverage Packaging Plant in North Carolina, US
Dec 15, 2016Sustainable packaging solutions provider Ball is planning to cease production at its beverage packaging plant in Reidsville, North Carolina, US in mid-2017. Commissioned in 1978, the Reidsville plant was acquired by Ball in 1998 as part ...
Tags: Ball, Beverage Packaging
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Ball Plans to Stop Production at Beverage Packaging Plant in North Carolina
Dec 15, 2016Ball Corporationis planning to stop production at its Reidsville, North Carolina, beverage packaging facility in mid-2017. The plant's customers will be supplied by other Ball facilities in the U.S. Ball expects to record an after-tax ...
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Bimbo Bakeries to Stop Production at Lubbock Plant in US
Nov 9, 2016Bimbo Bakeries USA will shut down its production activities at its baking plant in Lubbock, Texas in early January 2017, affecting about 75 employees. The baking company will move out its production from Lubbock to its Rockawall bakery ...
Tags: Bimbo, Lubbock Plant
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General Mills to Close Its Manufacturing Facility in Vineland, New Jersey
Sep 20, 2016General Mills announced that it has reached a final decision to close its manufacturing facility in Vineland, New Jersey. The company said the facility will close by the first quarter of fiscal 2018. On July 21, the company announced a ...
Tags: General Mills, facility close
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United Natural Foods Reports Fiscal 2016 Fourth Quarter and Full Fiscal Year Results
Sep 20, 2016United Natural Foods has reported financial results for the fourth fiscal quarter and fiscal year ended 30 July 30, 2016. Fourth Quarter and Full Year Fiscal 2016 Highlights Net sales for the fourth quarter of fiscal 2016 increased 7.4% ...
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Green America Urges Disney to Improve Conditions of Its Chinese Toy Factories
Aug 24, 2016The campaign is calling on Disney to ensure living wages for workers and improved working and living conditions. Green America is calling for Disney to improve the conditions for workers in its Chinese toy factories. The campaign wants ...
Tags: Green America, Toy
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Emcore's Quarterly Revenue Growth to $22.4m Driven by Cable TV Rising 30%
Aug 15, 2016For fiscal third-quarter 2016 (to 30 June), Emcore Corp of Alhambra, CA, USA – which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets – ...
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CCL Industries Reports 2016 Second Quarter Results
Aug 9, 2016CCL Industries, a specialty label and packaging solutions for global corporations, small businesses and consumers, reported 2016 second quarter results. Sales for the second quarter of 2016 increased 33.1% to $960.2 million, compared to ...
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Veeco Grows Gross Margin Despite Revenue Falling 9% in Q2 to $75.3m
Aug 8, 2016For second-quarter 2016, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $75.3m, down 8.6% on $78m last quarter and 42.7% on $131.4m a year ago, consistent with ...
Tags: Veeco, LED industry
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TriMas Reports Second Quarter 2016 Results
Aug 3, 2016TriMas announced financial results for the quarter ended 30 June 2016. The Company reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% compared to second quarter 2015. The Company reported ...
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B&G Foods Announces Plan to Relocate Mama Mary's Manufacturing Operations
Jul 11, 2016B&G Foods, Inc.announced that it plans to relocate the manufacturing and warehouse operations of Mama Mary’s from a facility in Spartanburg, South Carolina, whose lease is expiring, to a facility B&G Foods owns in Yadkinville, North ...
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TreeHouse Foods to Close Two Production Facilities in US
May 26, 2016US-based food company TreeHouse Foods is planning to close two production facilities located in Azusa, California and Ripon, Wisconsin. The shutdown of facilities is part of the company's efforts to streamline operations by reducing ...
Tags: TreeHouse Foods, snack products
