Spending for packaging machinery in the United States is expected
to increase this year, but only by a modest 1.5 to 2.5 per cents,
according a study by the Packaging Machinery Manufacturers
US-based consumer goods giant P&G delivered double-digit volume
and core earnings per share growth for the January-March quarter,
ended 31 March, exceeding analysts' estimates. However, earnings in
the food and beverage segment,...
US company Ivex Packaging Corporation has reported that its sales
for the first quarter of this year have fallen from $159.5 million
(€176.5 million) to $140.2 million. However, net income for the
quarter increased to $5.8 million,...
UK supermarket chain Asda has won a victory in its legal battle
with Italian ham producers after an adviser to the European Union's
highest court said it could sell prosciutto under the Parma ham
name - even if the product was...
Amcor Ltd. (AMCR), the world's fourth-largest packaging company,
continues to play an aggressive role in global industry
consolidation, recently announcing that it will acquire Tobepal SA,
the flexible packaging and extrusion...
Tyson Foods Inc., the largest U.S. producer of beef, chicken, and
pork, said on Monday fiscal second-quarter results turned to a
profit as sales rose sharply, boosted by its acquisition last year
of top meatpacker IBP Inc.