Sonoco, one of the diversified global packaging companies, reported financial results for its third quarter, ending 2 October 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with ...
Canadian pizza company Pizza Nova to introduce Chicken Wings sourced from chicken raised without antibiotics (RWA). The company offers two varieties of bone-in chicken wings: Traditional, and Roasted Italian featuring a unique rub of ...
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Creekstone Farms Premium Beef has formed a joint venture with California-based beef producer Pasture One to expand its product line. The joint venture which features a production and sales relationship between the companies will help ...
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OnePlus 3T vs Samsung Galaxy S7: In the battle between these two Android titans, which handset comes out on top? We weigh up specs, features, and price to help you decide on your next smartphone purchase. The OnePlus 3T is the latest ...
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
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The Scottish Salmon Company has secured full GGN licensing, an international consumer labelling scheme which guarantees the quality of production and origin of fish and seafood. GGN labels enable consumers to identify products made from ...
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Florida based Vintage Italia has secured a new funding of $3m to accelerate its Pasta Chips brand’s growth and also to launch new pasta product lines. The new funding round saw participation from Advantage Capital Agribusiness ...
Tags: Pasta Chips, pasta product
Performance Food has announced that more than 92% of the imported and domestic farm-raised seafood volume in PFG brands is certified sustainable by the Global Aquaculture Alliance. In addition, more than 97% of the fresh and frozen, ...
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A Taiwan think tank Chung-Hua Institution for Economic Research (CIER) raised its forecast for Taiwan's annual economic growth for 2016 to reflect improvement of demand inside the island. The island's gross domestic product (GDP) is ...
Tags: Taiwan's Economy, CIER
America’s off-road truck leader, Ram has introduced the Ram Rebel TRX concept. Ripping over pavement at speeds greater than 100 mph is an experience, but the Ram Rebel TRX concept hits triple digits in an off-road environment with ...
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Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
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Private equity firm Grey Mountain Partners has acquired Mediterranean food maker and distributor Kronos Foods. Financial details about the acquisition have not been disclosed. Based in Glendale Heights, Illinois, Kronos sells gryo meat, ...
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
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Chipotle Mexican Grill will serve chorizo in all US restaurants. The spicy new sausage was introduced in five markets in June. Chipotle chairman and co-CEO Steve Ells said: “The reaction to chorizo in the cities that have had it has ...
US Foods has entered into an agreement to acquire specialty foods distributor Jeraci Foods to expand its reach in the Italian independent restaurant and pizzeria sectors. However, the terms of the transaction were not disclosed. Based ...
Tags: US Foods, Jeraci Foods, acquisition