Unilever has agreed to divest its South African spreads business to Remgro as part of a ZAR11.9bn ($900m) worth deal with the investment firm. Under the terms of the agreement, Unilever will buy Remgro’s 25.75% stake in Unilever ...
Tags: Unilever, food, personal care products
State University of New York (SUNY) Polytechnic Institute says that associate professor of nanoengineering Dr Woongje Sung has been selected to receive $750,000 in federal funding from the US Department of Energy (DOE) to develop silicon ...
Tags: Power Electronics Chips, Suny Poly
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
Paper and packaging solutions provider WestRock has unveiled plans to construct a new corrugated box plant in Porto Feliz, a municipality located in the Brazilian state of Sao Paulo.The facility will meet increasing demand from the ...
Tags: Packaging, Corrugated Packaging
With the migration from 10G and 40G to 100G data rates accelerating considerably until 2020 (with more than 15 million 100G ports expected to be deployed), Source Photonics Inc of West Hills, CA, USA (which provides broadband access optical ...
Tags: Source Photonics, Transceiver
The Ontario Government is helping pork processor Conestoga Meat Packers to expand local production and bring 170 new jobs to Waterloo Region. The government is investing up to C$5.3m ($4.35m) as part of its C$2.7bn ($2.2bn) Jobs and ...
Tags: pork processor, Meat
Inventure Foods has agreed to divest its frozen business unit to Oregon Potato Company (OPC) for $50m as part of its ongoing strategic and financial review. Under the terms of the definitive asset purchase agreement, the Arizona-based ...
Tags: Inventure Foods, Frozen Foods
Tyson Foods has unveiled plans to construct a $320m poultry complex in eastern Kansas. A processing facility, hatchery and feed mill will be built near the city of Tonganoxie, in Leavenworth County, Production is anticipated to begin ...
Tags: Tyson Foods, fresh chicken
US-based B&G Foods is extending its line of Green Giant frozen veggie swap-ins with new Green Giant Veggie Spirals. The pasta alternatives initially will be available in zucchini, carrots and butternut squash varieties. They are ...
Tags: B&G Foods, frozen product
Shareholders of Refresco Group have approved the acquisition of Cott's bottling activities for $1.25bn in cash. The deal is anticipated to close in the fourth quarter of this year subject to certain closing conditions and regulatory ...
Tags: Refresco Group, bottling
Kingsmoor Packaging has installed Atlas Copco’s GA90 VSD compressor in an effort to accelerate the production capacity and enhance energy efficiency. Somerton-based Kingsmoor has been into designing and manufacturing of thermoformed ...
Tags: Kingsmoor Packaging, Compressor
Japan-based food packing machinery manufacturer Ishida says that its X-ray inspection system is helping a Turkish food company meet the stringent quality norms desired in the UK and Western European retail sectors. The food company named ...
Tags: Dried Food, X-ray System
First Solar Inc of Tempe, AZ, USA- which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – says that an affiliate of D. E. Shaw ...
Tags: First Solar, Clean Energy
US-based packaging and bottling line systems manufacturer Krones is investing in a new training and technology center in southeastern Wisconsin, US. The 40,000ft² facility, which will serve the company’s customers and ...
Tags: Krones, packaging, bottling line systems
First Solar Inc of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, has released its annual sustainability report, ...
Tags: First Solar, PV module