American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
Jaguar Land Rover (JLR), Tata Motors European Technical Centre (TMETC) and Ford Motor have partnered for the UK's largest connected and autonomous vehicle project in Coventry. The trials are being undertaken as part of the UK Autodrive ...
Tags: Autonomous Car, Jaguar Land Rover
Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
A consortium of Chinese investors, which includes Changchun Lianxin Investment Consulting and Shanghai Ground Food Tech, has acquired Brownes Dairy through Australia Zhiran. Brownes was sold by its current owner Archer Capital, a private ...
Tags: dairy products, milk
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
Goya Foods, a Hispanic-owned food company in the US, has expanded its North American Processing Center in Brookshire, Texas with the addition of 324,000ft2 of production warehouse, distribution warehouse, auxiliary buildings and production ...
Tags: Goya Foods, HVAC system
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
Mercedes-Benz said that it will start series production of a city bus with all-electric drive system based on the international best-seller, the Mercedes-Benz Citaro. "Our city bus produces zero local emissions and is ultra-quiet through ...
Tags: Mercedes-Benz, City Bus
Delphi Automotive's board has approved a new powertrain spin-off into a publicly traded company, Delphi Technologies. The record date will be as of the close of trading (New York City time) on Nov. 22, 2017, and the distribution date will ...
Tags: Delphi Automotive
France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...
Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Frutarom Industries has signed an agreement with AB Biotics of Spain for the acquisition of the activity of AB-Fortis with its patent-protected micro-encapsulation technology that facilitates delivery of iron with increased biological ...
Groupe Renault has debuted what it claims to be the world’s first in autonomous obstacle avoidance that matches professional test drivers. Renault Open Innovation Lab, which is based in Silicon Valley, developed the new feature for ...
Tags: Autonomous Cars, Renault
SunMoon Food Company, a global distributor of fruit and food products, has implemented Oracle's NetSuite OneWorld to support its global growth, and increase overall productivity and efficiency. In just five months, NetSuite OneWorld ...
Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods