Company News
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Company News
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Nestle Is to Invest AED500m in The Construction of a Manufacturing Facility in Dubai
Dec 12, 2012Nestle is to invest AED500m (US$136m) in the construction of a manufacturing facility in Dubai. The 175,000 sq ft facility, which will produce nutrition, culinary and coffee products, will be located in the Dubai World Central. Nestle ...
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The Last Bottle of 6.5-Ounce Coke in Its Distinctive Glass Bottle Rolled off The Line
Dec 12, 2012The last bottle of 6.5-ounce Coke in its distinctive glass bottle rolled off the line this week at the Coca-Cola bottling plant and immediately fetched a cool $2,000 in an auction attended by executives,distributors and Coke enthusiasts. ...
Tags: bottle, Coca-Cola, the United States
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Opel Has Officially Confirmed The Australian Arrival of The Opel Insignia OPC
Dec 12, 2012Opel has officially confirmed the Australian arrival of the Opel Insignia OPC and Opel Corsa OPC for 2013. Following CarAdvice's exclusive story in October,the General Motors-owned brand has confirmed the Opel Performance ...
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Roscoe, IL Is Home to Many More Gear Companies Than Your Average Town of 10,000 People
Dec 12, 2012Roscoe, IL is home to many more gear companies than your average town of 10,000 people, but the reason is obvious. During the peak of the machine tool boom in nearby Rockford, it was critical to have these important components made locally. ...
Tags: Gear, Forest City Gear, gear software, CNC
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Ocado Has Extended Its Price Offensive Against Tesco with The Nationwide Roll Low Price
Dec 12, 2012Online supermarket Ocado has extended its price offensive against Tesco with the nationwide roll out of its Low Price Promise campaign. The campaign, an extension of its existing 'Tesco Price Match' scheme, pledges to beat the price of ...
Tags: Ocado, Online supermarket, label products
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JBS Has Booked an Increase in Third-Quarter Profits as Sales Rose by Almost One-Quarter
Dec 12, 2012Brazilian beef group JBS has booked an increase in third-quarter profits as sales rose by almost one-quarter in the period. The company said net profit rose to BRL367m (US$178m) in the three months, up from a loss of BRL67.5m in the ...
Tags: beef group, net profit, better equilibrium
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Hershey Announced a Deal to Take Full Control of Its Indian Venture
Dec 12, 2012Hershey today (7 September) announced a deal to take full control of its Indian venture, which has been the subject of speculation for months. The US confectioner will buy a 49% stake in the loss-making venture held by Indian conglomerate ...
Tags: JV partners, JV subject, potentially sick
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Quantronix Announces The Completion of Its New 18,300 Square Foot Manufacturing Facility
Dec 12, 2012Quantronix,Inc.,maker of CubiScan dimensioning(cubing)and weighing systems,announces the completion of its new 18,300 square foot manufacturing facility.The new site,which is adjacent to Quantronix existing headquarters,includes nearly ...
Tags: Quantronix, Inc., manufacture, CubiScan
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Olam International Has Acquired Egypt-Based Onion and Herb Business Dehydro Foods
Dec 12, 2012Singapore agribusiness giant Olam International has acquired Egypt-based onion and herb business Dehydro Foods. Olam said Dehydro is Egypt's largest exporter of dehydrated onions and would add to its B2B ingredients business. "This ...
Tags: Olam, onion, herb, ingredients
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Philips Met Lighting Design Requirements of The Zero Energy House Project
Dec 12, 2012As a global leader in LED lighting,Philips has been chosen as the LED lighting supplier for the Zero Energy House[1]project. The Zero Energy House,owned by Auckland couple Jo Woods and Shay Brazier,is being built in Point Chevalier using ...
Tags: LED, Philips, lights&lighting, zero energy house
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Tunable White,Violet and Multi-Color LED Solutions on Show at LDI 2012
Dec 12, 2012Tunable white,violet and multi-color LED solutions on show at LDI 2012 LED Engin,Inc.,a leader in high lumen density LED products,will be demonstrating on Booth 2211 at LDI 2012 how its tunable white,violet and multi-color LED emitters ...
Tags: LED, lights&lighting, LDI
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Carrefour Has Booked an Increase in First-Half Sales, Driven by Growth in Emerging Markets
Dec 12, 2012French retail giant Carrefour has booked an increase in first-half sales, driven by growth in emerging markets, notably in Latin America. Growth in Latin America and Asia boosted sales for Carrefour in the six-month period as group sales ...
Tags: H1 Sales, Europe sales, Carrefour
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Orkla Has Booked a Decline in First-Half Profits From Its FMCG Division
Dec 12, 2012Norwegian conglomerate Orkla has booked a decline in first-half profits from its FMCG division. The loss of contract production in the second half of 2011 had a negative impact on the unit's earnings in the six months to the end of June, ...
Tags: Orkla, consumer goods, first-half profits
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Durst Is The Industrial Specialist in Digital Inkjet Printing Systems
Dec 12, 2012Durst is the industrial specialist in digital inkjet printing systems for glass decoration.Durst specialises in providing industrial standard printing using advanced digital inkjet technology.With our inkjet systems glass manufacturers ...
Tags: Durst, glass decoration, advanced digital inkjet technology
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Hillshire Brands Has Added a Lemon Pound Cake to Its Sara Lee Brand
Dec 12, 2012Hillshire Brands has added a Lemon Pound Cake to its Sara Lee brand, as well as making the label's signature Butter Pound Cake more moist. The US food group said the new lemon and butter varieties will be available at grocery stores ...
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