Much of the talk for manufacturers on the release of their first-half and second-quarter results last week was focused on weakness in Europe and the knock-on effect from the impact of the US drought on corn prices. Elsewhere, Haribo said it ...
Tags: corn prices, drought, Foods plant
Dutch dairy giant FrieslandCampina is to cut over 200 jobs across its business in Germany. The move is being made in a bid to "improve competitiveness", the firm said today (10 December). The programme will involve the modernisation of ...
Tags: Friesland Campina, job cut, businuss, food industry
US egg firm Cal-Maine Foods has struck a deal to buy the commercial egg business of poultry firm Pilgrim's Pride. Cal-Maine said today (18 July) the acquisition would include two production complexes that can house 1.4m laying hens. In ...
Tags: egg assets, egg, egg Foods, laying hens
In a ballot today (December 7) by the union Unite, around 1,200 workers voted to stage three days of 24-hour strikes in a protest over pay, working conditions and a culture of alleged bullying. Andrew Hanson, head of ...
Indian Tata Steel announced that they will cut jobs across Britain as part of a restructuring plan. The company will cut 580 jobs at its Port Talbot plant in south Wales and 12 steel finishing and processing sites in England and Wales. ...
Canadian pork producer Big Sky Farms,which ran into financial troubles due to high feed costs,has entered into receivership and may be put up for sale. Feed costs in Canada have soared due to severe drought in the US. The company said ...
Tags: pork, financial troubles, feed costs, drought
Philips will deepen cuts at a lighting factory in Belgium and eliminate an additional 218 jobs in response to falling demand for conventional lamps and the rise of LED. The job cuts are on top of 136 reductions announced in June, ...
Tags: LED Lighting
Alabama-based American Apparel,Inc.,which manufactures US military uniforms and employs 1,300 workers,will lay-off hundreds of people soon,as the company lost its contract with the US military. The company said the Defense Logistics ...
Struggling Dutch meat firm Vion has announced a raft of job cuts across its European operations. In its latest set of results, the company said economic conditions and increased prices for raw materials hit the firm's profits last year. ...
Tags: meat, increased prices, raw materials, job cuts
Osram, glabal lighting company backed by Siemens, has announced to cut jobs in Germany for further transition to LED industry. According to Osram’s statement on Tuesday, declining volumes in the traditional lighting business due to ...
Tags: Market View, led light
The lighting arm of the business grew 7 per cent,bolstered by 32 per cent growth in LED sales Philips has announced a cost reduction programme that will include 4,500 job losses.The company made the announcement after registering a fall ...
Tags: Philips, lighting industry, LED manufacturer, cut jobs, energy-efficiency