Greiner Packaging has established a joint venture (JV) company in India, in a bid to expand its operations in the country. The European company, along with Indian plastic packaging firm Century Ultrapack, has established a new JV firm ...
According to the latest research conducted by business and financial advisory firm Grant Thornton UK, after a strong first quarter deal activity in the food and beverage sector has declined this quarter, due to market uncertainty in the ...
Berlin Packaging, the full-service supplier of glass, plastic, and metal containers and closures, announced the completion of several moves to secure its place as one of Northern California's premier integrated packaging companies. From ...
Tags: Berlin Packaging, Packaging
German automaker Porsche has opened a new 8 cylinder engine manufacturing plant at the main site in Stuttgart-Zuffenhausen. About €80m has been invested in the plant, which has a capacity to produce 200 engines per day. The new ...
Global food giant Mars has announced that it would invest £23m to expand its King's Lynn facility in the UK to meet the growing demand for Uncle Ben's Ready to Heat rice. The company plans to make the investment to add a new ...
Tags: Global food giant Mars, Heat rice
Swiss chocolate company Lindt & Sprungli has opened a new $60m facility at Marsden Park in Sydney, as part of its plans to capitalize on the chocolate makers strong growth in the Australian market. The purpose built facility, which is ...
Russian President Vladimir Putin has signed a decree to extend the food embargo imposed by the country on Western food products until the end of December 2017. The ban was first introduced by Russia in the summer of 2014 on a range of ...
Entertainment and character licensing remains the largest category, accounting for $113.2 billion, or 45 per cent of the total global licensing market. Retail sales of licensed products have jumped a significant 4.2 per cent on the ...
Tags: International Licensing Industry, licensed merchandise
An investigation by the World Health Organisation (WHO) and the International Agency for Research on Cancer (IRAC) has concluded drinking very hot beverages probably causes cancer of the oesophagus in humans. The investigation did not ...
Tags: very hot beverages, oesophagus, cancer
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
Compared with the value for May 2015, the Volkswagen Group grew deliveries to customers by 1.6 percent in May 2016 – throughout the world, a total of 871,500 vehicles were handed over to customers. In the period to May, 4.2 million ...
Tags: Volkswagen Group, steady growth
The latest Manpower Employment Outlook Survey results show that the steady increase in hiring intentions in Australia will continue into the third quarter of 2016. Of the 1,500 public and private employers surveyed, 13 per cent indicated ...
Adidas announced that its global football (soccer) business is expected to reach new record sales of €2.5 billion in 2016, representing a 13.6 percent gain over €2.2 billion in 2015. Adidas noted that one year after relaunching ...
Tags: Adidas, football footwear
Cascades,a recovery and manufacturing of green packaging and tissue products, has announced plans to build a new tissue converting plant in Scappoose, Oregon, US. The US$64 million investment includes new state-of-the-art converting lines ...
Tags: green packaging, tissue products
HanesBrands, the parent of Hanes, Champion, Gear for Sport and a number of intimate apparel brands, said that as part of leadership succession plan, Chairman and Chief Executive Officer Richard A. Noll will be narrowing his role to ...