For 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. ...
Eastman Kodak has announced Eric-Yves Mahe will assume the role of president of the Consumer and Film Division (CFD), effective immediately. Eric will also continue in his role as president of the Software and Solutions Division. Eric ...
Tags: Kodak, Film Division
Graphic Packaging International, a subsidiary of Graphic Packaging Holding Company, has agreed to acquire all the assets of PFP and its related entity PFP Dallas Converting for an undisclosed sum. PFP is an independent converter, which is ...
Tags: Graphic Packaging, Packaging, Paperboard
Daimler Trucks & Buses has established an automated truck research & development center in Portland, Oregon. This innovation facility is already working in close cooperation with existing development functions for automated driving in ...
Swedish automaker Volvo Cars expects to generate half of all sales annually from fully electric cars by 2025, with one third of all cars sold to be autonomous driving cars. The company said that half of its driverless cars will be ...
National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...
Automakers Mazda and Toyota have established a new joint venture company to oversee the construction of a $1.6bn auto manufacturing plant in Alabama, US. The new JV firm, dubbed Mazda Toyota Manufacturing, U.S.A. (MTMUS), will shortly ...
Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
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
US-based Delta Plastics has purchased California-based Command Packaging, including its plastic film recycling subsidiary Encore Recycling, for undisclosed amount. Command Packaging is engaged in manufacturing of sustainable plastic ...
Tags: Command Packaging, Packaging
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
The Renault-Nissan-Mitsubishi automotive alliance announced that its member companies sold a combined total of 10,608,366 units in the 12 months to 31 December 2017. Growing demand for SUVs, light commercial vehicles and a rising number ...
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
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...
Tags: Hershey, Amplify Snack