Company News
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Company News
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Bacon&Van Buskirk Glass Co.Inc.Celebrates 75th Anniversary This Fall
Dec 12, 2012Bacon&Van Buskirk Glass Co.Inc.celebrates its 75th anniversary this fall under the direction of Rod Van Buskirk president and third generation owner. Rod's grandfather,Verne Van Buskirk,founded the Champaign,Ill.-based operation in ...
Tags: BaconVan, Buskirk, 75th, Anniversary, RodVanBuskirk
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Metro Group Has Issued a Profit Warning for The Full Year Amid a Consumer Environment
Dec 12, 2012German retail giant Metro Group has issued a profit warning for the full year amid a "worsening" European consumer environment and its impact on spending. The world's fourth-largest retailer said it expects EBIT before special items to ...
Tags: Metro Group, profit warning, consumer environment, food industry
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The Real Good Food Co. Has Booked a Drop in Half-Year Profits, Despite Rising Revenues
Dec 12, 2012UK bakery and ingredients firm The Real Good Food Co. has booked a drop in half-year profits, despite rising revenues. The sugar-to-dessert company said profit for the six months to end September dipped to GBP1m (US$161.9m), down from ...
Tags: Real Good Food, profits drop, rising revenues, company news
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Real Good Food Company Has Booked a 62% Increase in EBITDA on Strong Sales Gains
Dec 12, 2012UK sugar-to-dessert group Real Good Food Company has booked a 62% increase in EBITDA on strong sales gains. EBITDA for the 15 months to 31 March rose to GBP9.1m (US$14.3m) on sales that increased from GBP249m to GBP305.5m. Key trading ...
Tags: Real Good Food, sales gains, increase, company news
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"Solid" Q3 Has LED Denmark-Based Food Ingredients Firm Chr. Hansen to Raise Its Forecasts
Dec 12, 2012A "solid" third quarter has led Denmark-based food ingredients firm Chr. Hansen to raise its forecasts for annual sales and EBIT margins. Chr. Hansen said today (4 July) it expects its sales to increase by 9-11% on an organic basis and ...
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Gulf LPG Has Secured Financing Amounting to USD 200 Million From Qatar National Bank
Dec 12, 2012Gulf LPG Transport Company, a Qatari liquefied petroleum gas shipping company owned jointly by Milaha and Nakilat has secured financing amounting to USD 200 million from Qatar National Bank in a deal brokered by Nakilat, Qatar's premier gas ...
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Mercator Has Warned of Rising Raw Materials Costs and "Profound Recession"
Dec 12, 2012Slovenian retailer Mercator has warned of rising raw materials costs and "profound recession" in many of its key markets after swinging to a net loss in the first half of 2012. For the six months to the end of June, Mercator reported net ...
Tags: Mercator, raw materials, key market, food market, net loss
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Mercator Revealed That It Generated a Loss in The First Nine Months of The Year
Dec 12, 2012Slovenian food retailer Mercator revealed yesterday (13 November) that it generated a loss in the first nine months of the year despite flat sales. Mercator booked a loss of EUR22m (US$27.96m) in the first nine months, down from a net ...
Tags: Mercator, flat sales, loss, company news
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Princes Increases Its Appeal to Adult Consumers with The Launch of a Number of Bean Meals
Dec 12, 2012Princes hopes to increase its appeal to adult consumers with the launch of a number of bean meals under the Branston brand in the UK. The company will launch bean meals that include full-size lincolnshire sausages, chorizo sausage and ...
Tags: Princes, bean meals, Branston brand, food industry
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a Projected USD 700 Billion to Be Spent on Refining Infrastructure Projects in GCC Region
Dec 12, 2012Trade Arabia quoted an expert as saying that a projected USD 700 billion will be spent on refining infrastructure projects in the GCC region over the next few years. It was vital to design new projects to minimize maintenance costs and ...
Tags: refining infrastructure, asset integrity, local investment
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Premier Has Refused to Be Drawn on Reports It Has Hired Goldman Sachs
Dec 12, 2012Premier Foods plc has refused to be drawn on reports it has hired Goldman Sachs to talk to potential suitors for its bread business. Sky News and The Times reported the UK food maker had asked the investment bank to sound out whether ...
Tags: Premier Foods plc, Goldman Sachs, bread business, food industry
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Sligro Has Booked a 25.2% Drop in Operating Profit as Intense Price Competition
Dec 12, 2012Dutch supermarket operator and wholesaler Sligro has booked a 25.2% drop in operating profit as intense price competition and challenging economic conditions weighed on margins. The firm revealed this morning (19 July) that net profit ...
Tags: Sligro, profit down, operating profit
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Bansal Bobbin Industries Is One of The Best,Genuine and Oldest Firm in Woodcraft Work
Dec 12, 2012Bansal Bobbin Industries is one of the best,genuine and oldest firm in woodcraft work.It was established in 1978 with only 5 men as staff.But with which spirit it worked and working,it got the status of state level company in 1995 and in ...
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A Membrane Filtration One-Day Training Course Is Being Presented
Dec 12, 2012A Membrane Filtration one-day training course is being presented on behalf of The Filtration Society by Alfa Laval Nakskov,Denmark,and Filtration Solutions in Runcorn in the United Kingdom on 27 November 2012. The Filtration Society says ...
Tags: Filtration, train, course
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When a Company Does Just One Thing, It Must Do That One Thing Well
Dec 12, 2012In the case of West Pak Avocado, that means keeping food safety strongly in mind. As field manager Robert Salaski puts it, their goal is "safety, safety, safety." As avocados have grown in favor among health-conscious consumers who ...
Tags: Rolling Screen, food safety, access door
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