Toyota Motor Sales, USA has officially opened a new parts distribution center (PDC) in Lithia Springs, Georgia. The new Atlanta PDC will employ up to 30 employees in 107,000 square feet of space. Stocking approximately 43,000 Lexus ...
Tags: Toyota Motor Sales, PDC
Fonterra has announced that it will invest $6.2m to expand the coolroom of its Cobden Spreads plant in Australia. The expansion will increase storage capacity of butters and spreads after production, allowing the storage of more products ...
Tags: Fonterra, Cobden Spreads plant, investment
US-based biotechnology company DuPont Nutrition & Health has developed a new concept for European bread market inspired by Nordic thin breads. The concept, which is rich in healthy carbohydrates, targets consumers who are turning to ...
Tags: biotechnology, DuPont
Major Chinese trader PetroChina Singapore has leased fuel oil storage tanks at Port Klang, Malaysia, with intentions to develop that hub into a bunker fuel supply outlet, said trade sources Thursday. Fuel oil storage capacity at the Port ...
Tags: PetroChina, fuel supply, Fuel oil
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
eMotorWerks announces JuicePlug, a universal charging station adapter for EV supply equipment that will extent its smartphone and web interfaces to pre-existing, non-networked charging station. This will enable every EV driver to ...
Tags: eMotorWerks, JuicePlug, EV supply equipment
Nordic Sugar is now investing an additional SEK 190 million in its Swedish operations by building a new sugar silo at the factory in Ortofta. Combined with the factory's recently completed investments of more than SEK 200 million to ...
Tags: Nordic Sugar, Ortofta Sugar
After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...
Tags: Oil Reserve, crude, oil price
NYMEX December natural gas futures settled 10.2 cents higher at $2.364/MMBtu Thursday on the back of a bullish storage report. The US Energy Information Administration announced a 52-Bcf storage injection for the week ended October 30, ...
Tags: NYMEX, Natural Gas
World-industry leader Bosch is debuting a new battery technology for electric vehicles that might be available in five years as it acquired the U.S. start-up Seeo Inc. founded in Hayward, California. Bosch will combine Seeo’s ...
British packaging distributor Kite Packaging has completed the acquisition of Golden Valley Pallet Wrap Specialists for an undisclosed amount. The acquisition covers goodwill and certain assets of Golden Valley. However, the deal does not ...
Tags: Kite Packaging, Golden Valley
US-based food processing company Cargill is investing $100m to double its soybean crush operation in Borg El Arab in order to meet the increasing demand in Egypt for soybean meal and oil. The company will construct 42,000 metric tonne ...
Tags: food processing, soybean crush
Castle Brands, a developer and international marketer of premium and super-premium branded spirits, today reported financial results for the quarter ended June 30, 2015. Net sales increased 37.8% to $16.5 million for the first quarter of ...
Tags: spirits, Whiskey, Ginger Beer
Using grain bins as a marketing strategy has a lot of appeal this year, as the farm markets hover at or below cost-of-production levels. Some farmers choose to use storage to help capture higher cash basis prices later in the season or to ...
Tags: Grain Storage, soybeans
Cargill has invested $4m to expand its ability to serve farmer customers with crop inputs, such as seed and fertilizer. The project is expected to be completed in time for the 2016 crop year. "In the past, we shared storage space in ...
Tags: crop inputs, agriculture, seed, fertilizer