Industry Views
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Industry Views
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Improve Service Levels to Bolster Their Bottom Lines
Dec 6, 2012Since the auto industry’s recent financial crisis, dealerships have been slow in rebuilding business. Although sales were good for 2011, they fell slightly short of the 13 million forecast initially predicted. While the industry is ...
Tags: service lines, bottom Lines
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Nestlé's $11.85bn Deal to Acquire Pfizer's Infant Nutrition Business Has Received Approval
Dec 6, 2012Swiss food company Nestlé's $11.85bn deal to acquire Pfizer's infant nutrition business has received approval from the Chinese Ministry of Commerce, a move which brings the company closer to completing the acquisition. ...
Tags: infant nutrition business, anti-trust bodies, baby food market
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Tropical Valley Foods Is Recalling Its Dark Chocolate
Dec 6, 2012Tropical Valley Foods is recalling its Dark Chocolate,Organic Dark Chocolate and Trail Mix items sold in bulks as they contain wheat,soy or tree nuts which is not mentioned on the label,according to the US Food and Drug Administration(FDA). ...
Tags: FDA, Dark Chocolate, Organic Dark Chocolate, Trail Mix items, label
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Nestlé Expects Its Sales in China to Rise by 20% in 2012
Dec 6, 2012Swiss food company Nestlé expects its sales in China to rise by 20% in 2012 due to increasing wages and the government's policy to promote local consumption. Greater China Chairman Roland Decorvet was quoted by Bloomberg as saying ...
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WIESHEU Purchase Flat Glass for Doors From SCHOTT for 33 Years
Dec 6, 2012The technology group SCHOTT has been supplying special glass to the Swabian manufacturer of baking ovens WIESHEU since 1979. To celebrate their long relationship, Thomas Nieraad, Senior Vice President Sales, Marketing Innovation SCHOTT Flat ...
Tags: cooperation, SCHOTT, special glass
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Schutz Has Announced Second Plant in China That Will Produce IBCs and Drums to Meet Demand
Dec 6, 2012German industrial packaging firm Schutz has unveiled its second plant in China that will produce IBCs and drums to meet the regional demand. The firm said the new plant, which had started operations at Tianjin, has added capacity for IBC ...
Tags: industrial packaging, expansion, production environment
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India Is Mulling Over Imposing Stock Holding Restrictions on Food Commodities
Dec 6, 2012India is mulling over imposing stock holding restrictions on food commodities including pulses and edible oils, in order to control the increase in prices. According to Food Minister K V Thomas, the government is closely evaluating the ...
Tags: restrictions on food commodities, pulses and edible oils
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FSA in Wales Will Be Conducting Three Stakeholder Meetings to Present an Overview
Dec 6, 2012The Food Standards Agency(FSA)in Wales will be conducting three stakeholder meetings across Wales to present an overview of the requirements of the EU Food Information Regulation(FIR). The FIR brings in new labelling rules,including ...
Tags: FSA, FIR, labelling rules
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FSANZ Is Seeking Submissions on a Proposed Change to Infant Formula Requirements
Dec 6, 2012Food Standards Australia New Zealand (FSANZ) is seeking submissions on a proposed change to infant formula requirements in the Food Standards Code. FSANZ is evaluating an application to reduce the minimum required level of L-histidine in ...
Tags: infant formula requirements, submissions on a proposed change
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Ardagh Group Has Secured US Regulatory Approval and Completed Acquisition of Anchor Glass
Dec 6, 2012Ardagh Group has secured US regulatory approval and completed the previously announced acquisition of Anchor Glass Container in the US for $880m (€721m) from private investment funds managed by Wayzata Investment Partners. The deal ...
Tags: Anchor Glass, Anchor Glass Container, glass containers
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Food Standards Agency in Wales Is Reminding Consumers How Can Avoid Food Contamination
Dec 6, 2012The Food Standards Agency in Wales is reminding consumers how they can avoid food contamination resulting from the re-use of plastic bags. According to the information published by the Welsh Government, there has been a 96% reduction in ...
Tags: food contamination resulting, plastic bags, carrier bags
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Organic and Nutritious Food Company Clif Bar Has Launched Seasonal Flavors in US
Dec 6, 2012Organic and nutritious food company CLIF Bar has launched seasonal flavors in US The company's seasonal flavors return for the 10th holiday season with three nostalgic favorites- Iced Gingerbread, Peppermint Stick and Spiced Pumpkin Pie. ...
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India Has Launched a Program to Achieve Beyond 19 Million Tonne Pulse in The Kharif Season
Dec 6, 2012India has launched a program to achieve more than 19 million tonne pulse in the Kharif season – the rainy season in the country which starts in May and ends in January. The program will focus on three crops - pigeon pea, green gram ...
Tags: pigeon pea, green gram, black gram
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Innovative Insurance Would Calculate Agent Commission Accurately
Dec 6, 2012Innovative Insurance Partners has selected CallidusCloud's Incentive Compensation Management (ICM) solution to calculate agent commission accurately. Innovative Insurance Partners president and CEO Andrea Baumer said, "We realize that we ...
Tags: Innovative Insurance, CallidusCloud's ICM, Callidus Software
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CCI Has Approved Nestlé's Proposed Acquisition of Pfizer Nutrition Business
Dec 6, 2012The Competition Commission of India (CCI) has approved Nestlé's proposed acquisition of Pfizer Nutrition business. CCI said that considering the instance that Pfizer is not involved in the Indian nutrition marketplace, it is not ...
Tags: acquisition, nutrition marketplace, business of nutrition
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