OFD Foods, a supplier of freeze-dried food for the US Military, will expand its operations in New York State with a new $25m manufacturing plant in Monroe County. The company has selected Henrietta in Monroe County to build a new ...
Tags: OFD Foods, freeze-dried food
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
Graphic Packaging International, Inc., announced the appointment of Spencer Maurer as senior vice president, Supply Chain In this expanded role he is accountable for the global supply network, overall quality processes and Lean and Six ...
Tags: Graphic Packaging, Packaging
Give and Go Prepared Foods has closed its acquisition of the muffin business of United Baking and its subsidiaries Uncle Wally’s and Vision Enterprises. Based in Shirley, New York, Uncle Wally’s is a leading pure-play ...
Tags: Prepared Foods, Muffin
Cascades Sonoco, a joint venture of recycled fibre packaging company Cascades and Sonoco, is planning to invest approximately $16m at its facility in Birmingham, Alabama, US to support development of new product line. The investment at ...
Tags: Cascades, fibre packaging
Ford Motor said it will invest $1bn over the next five years in artificial intelligence company, Argo AI, to help put fully autonomous vehicles on the road by 2021. The two companies will develop the core technology of Ford’s ...
Tags: Ford Motor, Virtual Driver System
British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...
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
Innovative Chemical Products (ICP Group) has acquired US firm MinusNine Technologies for an undisclosed sum. Based in Birdsboro of Pennsylvania, MinusNine is engaged in the formulation and manufacturing of UV/EB coatings, adhesives, ...
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
Samsung Electronics' Exynos processors have been selected to revolutionize Audi’s next-generation in-vehicle infotainment. Samsung Electronics, a world leader in advanced semiconductor technology, announced its participation in the ...
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
Glatfelter announced the promotion of David Dickerhoof to vice president of sales and marketing for specialty papers, effective immediately. Mr. Dickerhoof fills the position previously held by Mr. Timothy Hess who was promoted to Senior ...
Tags: Specialty Papers, Glatfelter
Hyundai Motor has unveiled its plans for advanced connected car technology at the Consumer Electronics Show (CES) in Las Vegas. The interactive experience featured at the Hyundai Motor booth demonstrates how the ‘hyper-connected ...
Tags: Hyundai Motor, Connected Car