Self-driving vehicle technology developer Nauto has closed a $159m series B financing round for its growth and global expansion. A subsidiary of SoftBank and Greylock Partners led the round. Others participating in the round were ...
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has expanded its family of architectural lighting class LEDs with the new CLQ6A RGBW (red, green, blue and white) LED. Claimed to be the first individually addressable ...
Yamato Scale Dataweigh UK said it will showcase total weighing and checking solutions at the Processing and Packaging Machinery Association (PPMA) Total Show, which is due to be held in Birmingham this September. The company will ...
Tags: PPMA Total Show, Yamato
Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
San Diego-based craft brewery Coronado Brewing is acquiring a majority interest in Monkey Paw Brewing. The move allows Monkey Paw to share in Coronado’s resources, further developing the brand, while simultaneously maintaining the ...
Teasdale Latin Foods, which is majority owned by private equity firm Snow Phipps Group, has acquired Rudy's Tortillas, a provider of high quality tortillas and chips into the foodservice channel. Founded in 1945 and based in Carrollton, ...
Tags: Teasdale Latin Foods, foodservice
The Dow Chemical Company has partnered with national nonprofit, Keep America Beautiful, to award two $50,000 grants for organizations to establish Hefty EnergyBag programs in their communities. The program is an innovative approach to ...
Tags: Dow, Plastics Recycling
Campbell Soup has agreed to acquire organic food manufacturer Pacific Foods of Oregon for $700m in an all cash deal to expand its footprint in the rapidly growing health and well-being categories. Based in Tualatin, Oregon, Pacific Foods ...
Tags: Campbell Soup, organic food
Atomic layer deposition (ALD) thin-film technology firm Picosun Oy of Espoo, Finland, Taiwan’s National Chiao Tung University (NCTU) and Atom Semicon Co Ltd of New Taipei City, Taiwan have begun a joint collaboration on the ...
Australian horticultural company Costa Group has agreed to acquire Lankester Avocado's orchards and packing operations in Queensland for an undisclosed price. The avocado business owned by the Lankester family cultivates the fruit in a ...
Tags: Costa Group, packing
UK-based independent milk processor Wyke Farms and The Organic Milk Suppliers Cooperative (OMSCo) have announced a growing partnership to expand organic cheese production, distribution and sales. Wyke Farms and OMSCo are developing their ...
Tags: milk processor, Organic Milk
DuPont and other medical packaging and sterilization suppliers are participating at 2017 Medtec China in September. The rapid development of the medical industry brings with it increasingly demanding requirements with regards to aseptic ...
Tags: DuPont, Medical Packaging
Covestro has expanded its film production capability, investing around €20m in a new production facility for multilayered flat films in Dormagen, Germany. The total investment also includes the related infrastructure and logistics. ...
Tags: Covestro, flat films
Telsa Motors CEO Elon Musk said that the production of the Model 3 electric car would start this week and the first deliveries are expected to be done by the end of this month. Musk tweeted the latest model from Tesla has received ...
Tags: Telsa Motors, electric cars
Unilever intends to enter into a strategic partnership with Zwanenberg Food Group. The partnership pertains that Unilever will sell its meat, sauce and can soup factory in Oss to Zwanenberg Food Group (ZFG) and that ZFG intends to ...