OFD Foods, a supplier of freeze-dried food for the US Military, has started construction on a $25m, nearly 50,000ft2 facility in the Town of Henrietta, Monroe County in New York State. The facility, which will be operating by the end of ...
Tags: OFD Foods, dried food
AB Inbev’s innovation unit ZX Ventures has acquired UK-based spirits company Atom Group for an undisclosed amount. Atom Group, which is based in Kent, UK, consists of three units including Master of Malt, an online retailer, Atom ...
A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
Switzerland-based food and beverage company Nestlé has outlined its plan to achieve 100% recyclable or reusable packaging by 2025. As part of this effort, the firm plans to focus on three core areas including eliminating ...
Smart Planet Technologies has launched the reCUP Recycling Initiative to address global paper cup recycling problem. The Recycling Initiative has been launched with support from Southern California based recycling partners, Allan Company, ...
Tags: Smart Planet, paper cup
German automakers BMW and Daimler have agreed to merge their respective mobility services business units into a joint venture (JV) in which each company will hold a 50% stake. The agreement will bring together the companies’ ...
SF Motors has introduced two new electric vehicles (EVs), the SF5 and SF7, with the first vehicle available for pre-order by the end of this year, and hitting the road in 2019. Apart from the EVs, the company also introduced its global ...
Tags: SF Motors, Electric Vehicles
Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
Chinese multinational technology firm Baidu has secured first batch of licenses to carry out road tests for autonomous vehicles in Beijing. At the launch ceremony today, five cars powered by Apollo, the open autonomous driving platform by ...
Tags: Baidu, Autonomous Driving Vehicles
InkJet has partnered with NiceLabel to offer advanced labeling solutions that deliver ample “print productivity” benefits and improve return on investment for end users. NiceLabel is a global provider of label and marking ...
Tags: InkJet, Advanced Labeling
Mercedes-Benz Cars is investing more than €100m in a battery factory in Thailand. With a strategic decision Mercedes-Benz Cars is enhancing the manufacturing footprint in South-East Asia addressing growing demand for electric ...
Tags: Mercedes-Benz Cars, battery
Wang Jun-xian, the new chairman of Fu Chun Shin Machinery Manufacture Co., Ltd. (FCS), the largest plastic injection molding machine maker by output in Taiwan, has shown an ambition to further boost the company's business deployments ...
Tags: Lights, Injection Molding Machine
World Centric, a provider of certified compostable products for the foodservice industry, has introduced its new retail packaging and refreshed brand identity. The new and updated packaging will be introduced onto retail the shelves ...
Tags: World Centric, Packaging
German automotive manufacturing firm Continental has agreed to establish a joint venture (JV) with China’s CITC to manufacture 48-volt battery systems. The companies, via their respective subsidiaries, will set up the JV for the ...
Tags: automotive, Continental
Mesirow Financial has served as the exclusive financial advisor to Fleetwood-Fibre Packaging & Graphics on its sale to Golden West Packaging Group, a portfolio company of Lindsay Goldberg. Headquartered in City of Industry, CA, Fleetwood ...
Tags: Mesirow Financial, Packaging