1:10 min
Management
Bankruptcy
NIIGON MACHINES bankruptcy auction announced
The Canadian Injection Molding Machinery Manufacturer, NIIGON MACHINES LTD. has filed for bankruptcy and is now in receivership. INFINITY ASSET SOLUTIONS, Toronto, has been authorized to liquidate the two (2) state-of-the-art manufacturing facilities. NIIGON manufactured eight ...
2:50 min
Facts & Figures
Facts & Figures
After strong third quarter, Krones confirms already-upgraded full-year targets for 2021
All of Krones’ financial key performance indicators improved substantially in the third quarter of 2021 relative to the previous year. The company benefited from customers’ increasing willingness to invest, which recovered faster than expected overall from the Covid-driven slowdown.
1:40 min
Management
Exhibitions
Husky returns to Gulfood Manufacturing
Husky Injection Molding Systems has returned to exhibit at Gulfood Manufacturing in Dubai, UAE from November 7-9. Husky’s booth is showcasing the company’s latest innovative solutions enabling its customers to adapt to continuously changing consumer and market demands for food and ...
1:26 min
Management
Sale
Greiner AG in advanced stage to conclude deal with Nimbus on the sale of Greiner Extrusion Group
Greiner AG (“Greiner”) is engaged in exclusive negotiations with Nimbus concerning the sale of Greiner’s extrusion division (“Greiner Extrusion Group” or “GEG”). The negotiations are at an advanced stage. Both parties are confident that these will be concluded within the next ...