Economic activity in the manufacturing sector expanded in July for the 31st consecutive month, and the overall economy grew for the 74th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. “The July PMI® registered 52.7 percent, a decrease of 0.8…
Sales of BMW brand vehicles increased 2.1 percent in July for a total of 26,970 compared to 26,409 vehicles sold in July, 2014. “July kept the momentum going that we’ve seen throughout the year, producing another strong result for BMW and clearly showing the trend toward our…
Sealed Air (NYSE: SEE) announced the acquisition of B+ Equipment, a company headquartered in France that designs, manufactures and services automated packaging equipment for order fulfillment operations. The acquisition includes B+’s proprietary flagship I-Pack® system and the newly introduced e-Cube™ system, both of which provide intelligent, high-velocity…
The Board of Directors of Sonoco (NYSE:SON) has declared a $.35 per share quarterly common stock dividend. The dividend will be paid on September 10, 2015, to shareholders of record as of August 14, 2015. According to Jack Sanders, president and chief executive officer, this is the…
Sonoco (NYSE:SON), one of the largest global diversified packaging companies, today announced that Barry L. Saunders has been elected senior vice president and chief financial officer, according to Jack Sanders, president and chief executive officer. Saunders, 56, who previously served as the Company’s vice president and CFO,…