Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods
UK-based private equity firm Mayfair Equity Partners has acquired a majority stake in bakery company Promise Gluten Free. Based in Donegal, Ireland, Promise was founded in 2011 by Declan Gallagher, Tom Doyle and Ciaran Lally. Promise is ...
Tags: Cuisine Royale, gluten
Lollicup USA has signed the land development deal to begin construction of the company's new, 700,000 ft2 manufacturing facility in Rockwall, Texas, US. The manufacturing plant, located not far from Dallas, will open with new machines for ...
Tags: Lollicup USA, packaging
Umicore’s business unit Precious Metals Chemistry of Hanau, Germany has inaugurated its production unit for metal-organic precursor technologies used in the semiconductor and LED markets, respectively TMGa (trimethylgallium) and TEGa ...
Tags: Umicore, Metal-Organic Precursor
INX International Ink has doubled the size of its manufacturing facility in Edwardsville, located in the US state of Kansas. The 75,000ft² building enhances the company’s ability to support continued growth for its energy ...
Dana has broke ground on a new 7,500m2 production and assembly facility in Chongqing, China, that will manufacture advanced driveline products for the Chinese market. Scheduled to open in late 2018, the facility will produce final drive ...
Tags: Dana, driveline products
South Korean automobile manufacturer Kia Motors is set to enter the Indian car market by investing $1.1bn to build its first factory in the country. The company signed a memorandum of understanding (MOU) with the State Government of ...
Italian confectionery giant Ferrero International has agreed to acquire US-based Fannie May Confections Brands from 1-800-Flowers.com for $115m in cash. The deal also includes Fannie May's subsidiaries Fannie May Confections and London ...
Toyota Motor Europe has announced a planned investment of £240m in its UK manufacturing facility at Burnaston in Derbyshire. The factory will be upgraded to allow the production of vehicles on the Toyota New Global Architecture ...
Tags: Car Manufacturing Plant, Toyota
OFD Foods, a supplier of freeze-dried food for the US Military, will expand its operations in New York State with a new $25m manufacturing plant in Monroe County. The company has selected Henrietta in Monroe County to build a new ...
Tags: OFD Foods, freeze-dried food
Nestlé’s KitKat brand has launched a new peanut butter flavour of its shareable KitKat Bites. The introduction of the new flavour marks the first time that the praline layer of KitKat has been replaced. Peanut butter fills ...
Tags: KitKat, Peanut Butter
Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...
Tags: Electronics, electric vehicles
Niagara Bottling is set to invest around $95m to expand its operations in Box Elder County, Utah, US. The beverage bottling firm, along with the Economic Development Corporation of Utah (EDCUtah), has announced the expansion and capital ...
Tags: Niagara Bottling, beverage
Toscotec has secured a contract to reconstruct PM1 tissue machine at Correll Tissue facility in Durban, South Africa. The rebuilding of the machine is expected to start in the second half of 2017. Correll Tissue is the primary tissue ...
Tags: Tissue Machine, Toscotec
Nikola Motor has unveiled its Nikola One electric semi-truck vehicle at an invite-only event at its headquarters in Salt Lake City, Utah, US. The Nikola One utilizes a fully electric drivetrain powered by high-density lithium batteries. ...
Tags: Nikola, Electric Semi-Truck