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Volkswagen Plans to Build Electric Vehicles in North America by 2020

Jul 28, 2016

Volkswagen is planning to build electric vehicles in North America by 2020, in a bid to regain its lost image following the diesel emission scandal. The announcement was made by newly appointed Volkswagen America head Hinrich Woebcken ...

Tags: Electric Vehicles, Volkswagen

Tesla Motors CEO Elon Musk Reveals Latest Masterplan

Jul 28, 2016

Tesla Motors CEO Elon Musk has revealed his second part of his self-titled masterplan, which intends to take the automaker to the next level. Musk in his official Tesla blog started by reminding about this first Master Plan where he ...

Tags: Tesla Motors, automaker

Samsung Buys Stake in Chinese Electric Vehicle Maker BYD

Jul 28, 2016

South Korean electronics giant Samsung has acquired a 2% stake in Chinese electric vehicle maker BYD for $455m. This move is being seen as an attempt by the South Korean firm to foray into automotive industry. Many technology ...

Tags: Electric Vehicle, BYD, Samsung

Hain Daniels to Close Fruit Packaging Facility in UK

Jul 19, 2016

Hain Daniels, a subsidiary of US-based Hain Celestial group, has announced that it will shut down a fruit packaging plant in Luton, UK, following a review of its facilities. The company, which makes Hartley’s and Robertson’s ...

Tags: Fruit Packaging, fruit

Suba Seeds Acquires Brotherton Seed to Expand Global Presence

Jul 19, 2016

Specialty vegetable and legume seed producer Suba Seeds, owned by a private equity firm Paine & Partners, has acquired Brotherton Seed. However, financial terms of the transaction were not disclosed. Established in 1936, Brotherton Seed ...

Tags: Suba Seeds, Brotherton Seed

Bunge to Unveil Non-GMO Project Verified Milled Corn Ingredients and Oils at IFT16

Jul 19, 2016

Bunge is excited to introduce Non-GMO Project Verified milled corn ingredients and non-GMO project verified oils at the annual IFT (Institute of Food Technologists, July 17-19) show next week in Chicago. Bunge will also feature its ...

Tags: Bunge, Milled Corn Ingredients

Jeep Creates 75th Salute Wrangler Concept

Jul 19, 2016

Jeep has introduced a new concept edition to mark the brand’s 75th year of existence in the worldwide automotive scenario. The Jeep Wrangler 75th Salute Concept showcases rugged functionality with heritage design cues initially seen ...

Tags: Jeep, Wrangler Concept

Biscuits Bouvard Acquires Belgian Pastry Maker Pidy

Jul 19, 2016

French-based private label biscuit maker Biscuits Bouvard has acquired Belgian pastry manufacturer Pidy for undisclosed sum. Pidy, which specializes in manufacturing ready-to-fill sweet and savoury products, has production facilities in ...

Tags: label biscuit, biscuit

HanesBrands Completes Acquisition of Pacific Brands Limited

Jul 18, 2016

HanesBrands has completed the acquisition of Pacific Brands Limited, the leading underwear and intimate apparel company in Australia. The acquisition of Pacific Brands adds Bonds, Australia’s top brand of underwear, babywear and ...

Tags: HanesBrands, Pacific Brands Limited

Bern Unlimited Revamps Sales Leadership

Jul 18, 2016

Bern Unlimited Inc. has promoted Jeff Cavicchi, formerly National Sales Manager, to Director of Global Operations and named three new leaders to head up sales both in the U.S. and overseas. Cavicchi, a 20-year veteran of the bike ...

Tags: Bern, bike industry

Dannon Brings Non-Gmo Ingredient Options for Consumers

Jul 18, 2016

Because consumer preferences are continuing to evolve and Dannon puts consumers at the center of every decision it makes, today the nation's leading yogurt maker is implementing the first of many major changes to provide more choice to ...

Tags: non-GMO feed, milk

Schuman Cheese Launches New Line of Specialty Cheeses

Jul 18, 2016

Schuman Cheese, the iconic fourth-generation Italian cheese company, is debuting a new line of specialty cheeses as part of the company's 70th Anniversary celebration. The new line, Yellow Door Creamery, is entirely rBST-free and carries ...

Tags: Schuman Cheese, Cheeses

Ebro Foods Acquires Majority Stake in Flour Maker Santa Rita

Jul 18, 2016

Spanish Ebro Foods has acquired a controlling stake in flour producer and retailer Santa Rita Harinas for €4.8m ($5.34m). In a statement to Spain’s National Securities Market Commission (CNMV), Ebro said that it has bought 52% ...

Tags: Ebro Foods, Santa Rita

Hilary's Launches New Organic Dressings in Four Fresh Flavors

Jul 18, 2016

Hilary’s, the creator of convenient and culinary foods made from real ingredients and free from common allergens, has unveiled four new flavor-packed salad dressings: Chili-Lime Vinaigrette, Beet Vinaigrette, Tomato Kalamata Dressing, ...

Tags: Hilary, Organic Dressings

FDA Grants First GRAS Classification for Rice Protein to Axiom Foods for Clinically-Studied Oryzatein

Jul 18, 2016

The Food & Drug Administration (FDA) has granted the first GRAS classification for any rice protein to Axiom Foods for their clinically-studied Oryzatein organic brown rice protein ingredient. Axiom's Vegotein pea protein was also awarded a ...

Tags: Axiom Foods, Rice