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Company News
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CCL Industries Sales Increase in 2017 Fourth Quarter
Feb 24, 2018CCL Industries, a provider of specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, has reported record fourth quarter and annual financial results for 2017. ...
Tags: CCL Industries, packaging
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Nordson Sales Increase in First Quarter of 2018
Feb 24, 2018Nordson’s has reported sales of $550m in the first quarter of 2018, which is a 35% increase over the prior year’s first quarter. This change in sales included organic volume growth of approximately 19 percent, growth related ...
Tags: Nordson
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Groupe PSA Buys Controlling Stake in Jian Xin
Feb 24, 2018Groupe PSA has acquired controlling stake in Chinese automotive spare parts distributor Jian Xin. With this acquisition, Groupe PSA will be able to accelerate the rollout of its aftermarket offering in China by rapidly establishing its ...
Tags: automotive spare parts, Jian Xin
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Tyson Foods to Launch Several New Products in 2018
Feb 23, 2018Tyson Foods said that it will launch several new products this year and modernize its $1bn brands as part of its transformation into a modern food company. Speaking at the 2018 Consumer Analyst Group of New York conference, Tyson Foods ...
Tags: Tyson Foods
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Valmet to Supply Three Winders for China's Shanying International
Feb 23, 2018Valmet has been awarded a contract to supply three winders for Shanying International’s facility in Hubei province, China. Under the contract, Valmet will be responsible for the supply of three high-capacity OptiWin Drum two-drum ...
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Ford to Ramp up Production of Lincoln Navigator, Expedition SUVs
Feb 22, 2018Ford is investing $25m at its Kentucky plant to increase production of its Lincoln Navigator, Expedition SUVs in order to meet increasing customer demand. The company claimed that Navigator retail sales were up triple digits in most ...
Tags: Ford, Lincoln Navigator
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Danish Crown's Sokolow Plans to Buy Poland-Based Gzella Meat
Feb 22, 2018Danish Crown’s Polish meat business Sokolow has revealed its intentions to acquire its rival Gzella Meat Group. Gzella Meat's operations are confined to the northern region of Poland. The deal between the two Polish meat firms ...
Tags: Polish meat, Gzella Meat
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Pacific Foods Rolls out New Organic Tomato Stocks
Feb 22, 2018Pacific Foods has introduced two new organic tomato stocks, Tomato and Tomato & Red Pepper, in the US to meet consumer demand for plant-based pantry essentials. The new stocks expand culinary options for vegans, vegetarians and people ...
Tags: Pacific Foods, Organic Tomato
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BMW to Showcase Second Generation X4 Sports Activity Coupe at General Motor Show
Feb 22, 2018BMW is all set to showcase its second generation sports activity coupe X4 at the upcoming International Motor Show in Geneva this March. The new X4 is powered by petrol and diesel engines. It will be available in seven variants across ...
Tags: BMW, General Motor Show
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FIAT 500 Lineup Goes All-Turbo for 2018
Feb 13, 2018Fiat Chrysler Automobiles (FCA) is introducing turbo feature for all of its 2018 Fiat 500 lineup in the US. All 2018 Fiat 500 models now come standard with 1.4-liter MultiAir Turbo engine and 33% more horsepower than last year’s ...
Tags: Automobiles, Fiat Chrysler
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French Company Selects RPC's Supercube Pails
Feb 13, 2018French staples company Compagnie des Agrafes has selected RPC’s 100% biodegradable SuperCube pails as vineyard clips for vertical growth of vines. RPC claims that both product and pack have attracted good reviews and the clips have ...
Tags: staples, SuperCube pail
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Nestle Buys Majority Stake in Organic Food Firm Terrafertil
Feb 13, 2018Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks. Financial terms of the transaction have not been disclosed by the ...
Tags: Nestle, Organic Food
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Hain Celestial Explores Sale of Pure Protein Business
Feb 9, 2018The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands. The business, known as Hain Pure Protein, comprises the company’s organic poultry ...
Tags: organic products, natural products
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FCA to Supply Chrysler Pacifica Hybrid Minivans to Waymo's Self-Driving Service
Feb 8, 2018FCA US has agreed to deliver Chrysler Pacifica Hybrid minivans to Waymo's driverless ride-hailing service. Delivery of the vehicles is expected to take place later this year and they will be deployed across multiple cities in the US. ...
Tags: Self-Driving Service, Chrysler
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Bright Blue to Buy Greencore's UK Cakes and Desserts Business
Feb 8, 2018Bright Blue Foods (BBF) has agreed to acquire Greencore Group’s cakes and desserts business in Hull, UK for an undisclosed sum. The transaction along with an earlier announced closure of a desserts facility in Evercreech will enable ...
Tags: Bright Blue Foods, Cakes
