Poultry producer Faccenda Foods has agreed to acquire Cherry Valley Farms’ duck processing business Cherry Valley Foods for an undisclosed amount. The acquisition is the latest in a series of investments made by the company and ...
Australia Post has officially opened its upgraded Sydney Parcel Facility, part of a $2 billion investment in capability across the country that will dramatically increase capacity in time for the Christmas rush. The upgrade to the ...
Tags: Parcel Facility, logistics
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG), has announced its entry into a Sale and Purchase Agreement to acquire the global business and intellectual ...
Tags: food franchisor, coffee roaster
Italian manufacturer of weaving machines, spare parts and services, Itema S.p.A said it is exhibiting at IGATEX 2014, which began in Lahore – Pakistan on October 21 and runs through October 24. Itema is taking part in the trade show ...
Tags: weaving, weaving machines
New York futures moved higher this week, with December advancing 209 points to close at 63.94 cents/lb, while March gained 174 points to close at 62.27 cents/lb. “After posting a low of 60.83 cents two weeks ago, nearby supply ...
Tags: Cotton, cash market
Mitsubishi Corporation has proposed to acquire Norwegian salmon processor Cermaq, in a deal worth NOK8.88bn ($1.4bn). The company has launched a voluntary cash tender offer for the proposed acquisition. The move is in line with ...
China's state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world's biggest population to buy more stocks. The official Xinhua News Agency published at ...
Tags: Stocks, China economy
Chinese manufacturing activity growth slowed in August, losing momentum for the first time in six months after having hit its highest level in more than two years. The official purchasing managers index (PMI) came in at 51.1 last ...
China manufacturers of metallized film capacitors are strengthening the category, spurred by the forecast 15 percent annual sales growth in coming years. While most continue to enhance the performance of mature types, major players venture ...
Walmart is by far the leading retail brand in the US, with a brand value of $131.88 billion in 2014. It has been a leading retailer since Sam Walton opened his first store back in 1962. Walmart’s success is in great part due to how ...
Tags: Walmart, Electrical, Electronics
Global demand for specialty silicas -- which include precipitated silica, silica gel, silica sol, and fumed silica -- is forecast to grow 5.0 percent per year through 2018 to 2.9 million metric tons, valued at $6.9 billion. This will ...
Tags: Specialty Silicas, Metallurgy, Mineral, Energy
Industrial packaging products and services provider Greif has announced plans to expand its Southeastern packaging sheet feeder operation in Concord, North Carolina, US. The expansion will see the addition of a second advanced corrugator ...
Tags: Greif, sheet feeder, Packaging
Now that the world has come to rely heavily on the Asian economy, countries in the region need to contribute to its stability if they wish to win investor confidence. One company acutely aware of this is General Motors. America's largest ...
Tags: Asian Economy
Canadian outdoor retailer Mountain Equipment Co-op (MEC) said its first Fair Trade Certified T-shirts will be available late this summer online and in its 17 brick-and-mortar stores. The T-shirts, which will include MEC's popular line of ...
Tags: Sporting Goods, Recreation