Control Group, a US-based provider of printed packaging solutions, has installed a new Nilpeter press to boost its label and flexible packaging production capacity. The company invested in Nilpeter’s 22-inch FA-6* press, which will ...
Tags: printed packaging, Nilpeter press
Bonduelle has agreed to acquire Ready Pac Foods, the US producer of convenience fresh meal solutions, salads and fresh cut produce. The transaction is expected to close by the end of March 2017 following routine regulatory reviews and ...
Tags: Bonduelle, Ready Pac Foods
US-based Embark has unveiled its self-driving truck technology to the public. The company—which gained approval by the State of Nevada earlier this year to begin testing its truck on public roads—has created a technology that ...
Tags: Self-Driving Truck, Embark
Ford Motor has selected Oracle's HCM Cloud Suite to help improve the employee and manager experience. Traditionally, businesses have used multiple platforms to manage their HR needs. Today, the cloud has changed this as companies seek a ...
Tags: Ford, HCM Cloud Suite
Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
Renault has acquired Power Vehicle Innovation (PVI), a specialist in the electrification of Light Commercial Vehicles. The assets of PVI, which boasts recognised expertise in the design and conversion of commercial vehicles running on ...
Iceland-based seafood company Icelandic Group has begun the process of divesting its subsidiary Gadus in Belgium. It was in 2012 that Icelandic had acquired Gadus for an undisclosed price. The decision to sell Gadus by Icelandic Group ...
Tags: Subsidiary Gadus, seafood
Volvo Cars and Autoliv have signed a final agreement to set up a new joint venture (JV) for the development of software for autonomous driving and driver assistance systems. The deal is based on the letter of intent announced during fall ...
Tags: Volvo Cars, Autoliv
For the whole January, orders for solar products across the supply chain has mostly been dealt due to the upcoming Lunar New Year, and EnergyTrend found that the spot prices did not, and will not, significantly fluctuate in the recent. ...
Tags: PV Cells, Solar Products
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
Lucid Motors has selected Casa Grande for its electric car manufacturing operation. The facility will bring over 2,000 projected new jobs and more than $700m in capital investment to the region by 2022. Governor Ducey said: “Lucid ...
Tags: Lucid Motors, Electric Car
Nordic Sugar, which supplies sugar in the North European market, is halting the production of Fibrex and Fipec at its Swedish factory in Kopingebro. The company said that after 30 successful but challenging years on the fiber market, the ...
Tags: Fiber Products, Nordic Sugar
“This is a good deal for our customers as well as for Shell,” said Mark Williams, Royal Dutch Shell’s Downstream Director. “We will significantly reduce our capital exposure in line with our strategy to concentrate ...
The two companies will now enter a period of commercial and technical work leading to the development of the Bab sour gas reservoirs which are 150 kilometres south-west of the city of Abu Dhabi. It is intended that the JV will be the ...