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Flowers Foods Changes Organizational Structure
May 5, 2017Flowers Foods has announced an improved organizational structure aimed to provide greater focus on the company strategic objectives under Project Centennial, stress brand growth and innovation in line with a national branded food company, ...
Tags: Flowers Foods, Snacking
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Shell, Vitol and Helios Reach Agreement on African Downstream Businesses
Dec 10, 2016“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 ...
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Viterra to Build New Grain Facility in Saskatchewan, Canada
Sep 21, 2016Viterra, a grain and oilseeds marketer and handler, has announced that it will build a new high throughput grain terminal at Wadena in Canadian province Saskatchewan. The new grain facility is planned to have a storage capacity of 34,000 ...
Tags: Viterra, throughput grain terminal
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United Natural Foods Reports Fiscal 2016 Fourth Quarter and Full Fiscal Year Results
Sep 20, 2016United Natural Foods has reported financial results for the fourth fiscal quarter and fiscal year ended 30 July 30, 2016. Fourth Quarter and Full Year Fiscal 2016 Highlights Net sales for the fourth quarter of fiscal 2016 increased 7.4% ...
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China to Spur Power Device Developments in 2016
Mar 24, 2016Market sectors encompassing telecommunications, consumer electronics, innovative energy applications in transportation, electricity generation and other market sectors are increasingly valuing power semiconductor devices as usage of these ...
Tags: AC driver, railway applications, high power
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UK's 2 Sisters Food Group to Invest £150m in Poultry Business
Oct 30, 20152 Sisters Food Group plans to invest £150m into its poultry unit, an announcement that comes a few days after the Birmingham-based company stated that it intends to invest £55m into its ready meals business. The investment ...
Tags: Poultry Business, poultry unit
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2014 Business Review X: China Made Excellent Achievements in Foreign Trade in “New Normal”
Oct 23, 2015In 2014, the development situation of China’s foreign trade was complex and severe. In January-April, the country suffered “double falls” of import and export which had not appeared for many years. The Central Government ...
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Raisio Plans to Restructure Snack and Cereal Business in UK
Oct 15, 2015Finnish food company Raisio Group is planning to streamline operations and cut down costs in the UK in view of the present operating environment, market conditions as well as changing consumer demands. The company's UK unit manufactures ...
Tags: Raisio, snack, breakfast cereals
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PACCAR MX-11 Engine to Be Introduced in North America
Oct 10, 2015US based premium truck manufacturer PACCAR is expanding its range of engines in North America with the introduction of the PACCAR MX-11 engine. The 10.8-liter engine is capable of producing 430 HP and 1,550 lb.-ft. of torque. The ...
Tags: PACCAR, engines, cylinder head
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Li Calls on Soes to Keep 'Going Global'
Sep 21, 2015Premier Li Keqiang has encouraged State-owned enterprises to play a key role in the drive by the nation's industries to "go global", and make the most of their financial and technological advantages as they step up their international ...
Tags: nation's industries, economy
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Businesses Are Paying Their Invoices at The Fastest Rate on Record
Jun 18, 2015Despite an Australian economy growing at a moderate 2.3 per cent according to March quarter figures released by the ABS this month, the latest data on trade payments reveals that businesses are paying their invoices at the fastest rate on ...
Tags: Australian economy, payment times
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Dean Foods Shows Fourth Quarter Results
Feb 12, 2015The US milk processor Dean Foods Co announced fourth quarter sales and profits which are lower-than-expected as raw milk prices remained high. According to the company, raw milk prices in US increased by 18% in the quarter ended Dec. 31, ...
Tags: Dean Foods, raw milk
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A Container Deposit Scheme for Beverage Packaging
Jan 7, 2015An alliance of Australia’s beverage manufacturers has responded to speculation that New South Wales could introduce a Container Deposit Scheme for beverage packaging, saying recent research has shown such schemes are “many times ...
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McDonald's Corporation Has Announced That Global Comparable Sales Decreased 0.5 Per Cent
Nov 25, 2014McDonald’s global sees drop in sales McDonald’s Corporation has announced that global comparable sales decreased 0.5 per cent in October 2014, which it said reflected the impact of “business challenges” such as ...
Tags: McDonald, Agriculture
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Mombasa Apparels Invests Sh2.2 Billion in Kilifi
Nov 18, 2014Mombasa Apparels, a Kenya-based garment company, has opened a factory, set up at a cost of Sh2.2 billion, in Kenya’s coastal town of Mtwapa, Kilifi County. The new factory is expected to create 3,000 jobs and would manufacture ...
Tags: garment company, job creation, Apparel
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