US-based food manufacturer Kellogg Co is creating a joint venture with the African unit of Singapore's Tolaram Group, as part of its strategy to drive future growth in the West African market and advance its breakfast and snack food ...
Tags: Kellogg, Tolaram, breakfast, snack food
Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
U.S. demand for paint and coatings is forecast to grow 3.8 percent annually to 1.4 billion gallons in 2019, valued at $31.5 billion. Gains will be driven by a strong rebound in construction activity, which will stimulate demand in the ...
Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry
India’s apparel industry is continuing its upward growth curve with the overall index value recording 6.2 points, according to The Clothing Manufacturers Association of India’s (CMAI) Apparel Index for April-June 2015. Much like ...
Tags: apparel industry, Clothing
Trading improved in the final quarter of ScS' financial year, resulting in total like-for-like order intake for the 26 weeks to 25th July 2015 being up 1.4% on last year, reports ScS in its latest trading update. Total like-for-like sales ...
Tags: trading upgrade
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
British casual wear brand Crew Clothing has launched a store expansion programme after reporting a 12 per cent rise in sales last year, according to media reports. Sales grew by £6.5 million ($10 million) for the year ending 26 ...
Tags: Crew Clothing, casual wear
Toyota Motor Corporation (TMC), Sumitomo Mitsui Banking Corporation (SMBC), and SPARX Group (SPARX Group) have signed a memorandum of understanding to consider the establishment of a new investment fund aiming to encourage innovation and ...
Tags: automobile manufacture, vehicle technology, intelligent technology
American food and spice company Zatarain has opened its new manufacturing and warehouse facility in Gretna, in the US state of Louisiana. Spread over an area of around 80,000ft2, the $26m facility comprises 10 production lines and ...
Tags: food manufacture, Zatarain, plant extract, jambalaya, crab boil
Spencer Coatings Limited, the East Midlands-based industrial coatings manufacturer, has announced the acquisition of West Bromwich-based Protega Paints in a multi-million pound deal. The company enjoys a rich heritage in the industrial ...
Menasha Packaging is doubling the space at its preprint unit at Neenah, Wisconsin, in the US, to accommodate a new flexographic printing press for preprinted linerboard. The facility will add 45,500ft2 to its existing area of 94,000ft2. ...
Fashion firm, Yumi International Ltd, has chosen Visual End2End suite of software products by Visual 2000 International. Yumi’s commercial director, Dipak Davé, said, “We pride ourselves on innovative design and ...
Huami Co Ltd expects sales of its Xiaomi Mi Bands will reach 10 million in the third quarter, making it the largest maker of wearable fitness devices in the world. Launched last year, the Mi Band monitors fitness levels and tracks sleep ...
Tags: Wearable Devices, Fitness Devices
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC Capital, a subsidiary of China state-owned investment company JIC Capital). NXP's RF Power ...
Tags: RF Power Business, JAC