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Toshiba makes it back to black

Toshiba makes it back to black

The formerly floundering OEM has experienced an upturn in its fortunes, making it back into the black and avoiding being delisted from Tokyo’s Stock Exchange. As ABS-CBN reports, Toshiba “bounced back into black after a disastrous year”, and a result will avoid the...
Toshiba to off-load chip business by June

Toshiba to off-load chip business by June

Toshiba Corporation has revealed that it predicts the well-documented sale of its memory chip unit to take place by June “at the latest”, as Reuters reports. “We’ve been making various efforts to close the deal in March,” explained Yasuo Naruke, the head of Toshiba’s...
Pelikan Hardcopy Scotland’s hefty pension bill

Sale of Pelikan Hardcopy Scotland is confirmed

Business advisory firm, Deloitte, has overseen the sale of Pelikan Hardcopy Scotland Limited to Lothian Shelf (731) Limited. According to SBNN, Deloitte’s Rob Harding and Michael Magnay became the joint administrators of Pelikan Hardcopy Scotland Limited, based in...
Holmen remanufacturing company sold

Holmen remanufacturing company sold

The founders of Laser Product Technologies have sold their business to custom label print services provider, DuraTech Industries Inc. Almost thirty years ago, Laser Product Technologies was founded by Mike Marty and Bob King. Now, both in their early seventies, the...