US canned vegetables maker Seneca Foods returned to profitability in its first quarter, despite recording a drop in sales. Earnings in the three months ended 2 July amounted to US$8.2m compared to a net loss of $8m in the prior-year ...
Private-equity firm Wind Point Partners has snapped up US snacks group Shearer's Foods in a takeover backed by former Sara Lee executive C.J. Fraleigh. Wind Point Partners has acquired what it called "the largest producer of private-label ...
Office Brands has upgraded its online offering to members with the introduction of the WebX Accelerator Pack, which allows customers to log in to dealer sites through social media sites such as Facebook. Office Brands chief information ...
US discount retailer Family Dollar Stores has hired Jocelyn Wong, an executive from larger grocer Safeway Inc, as chief marketing officer. Wong, who joined Safeway in 2010 from Procter & Gamble, will report to Family Dollar president and ...
Tags: discount retailer, Marketing Chief, grocers
Packaging systems manufacturer Viking Masek Global Packaging Technologies has shifted to its new facility in Oostburg, Wisconsin, US, which will serve as the US headquarters for the company. The 35,000ft2 facility will allow the company ...
Tags: packaging, label, packaging services, food, beverage, pharmaceutical
Cytec Industries Inc.has entered into an agreement to divest its coating resins business to Advent International,a global private equity firm for$1,032 million plus assumed liabilities of$118 million bringing the total value to$1,150 ...
Germany-based Bayer HealthCare's Consumer Care division has begun a voluntary recall of BRONKAID Caplets Dual Action Formula in consultation with the US Food and Drug Administration (FDA), over labeling issue. Bayer has identified that ...
Tags: health care, recall, FDA, labeling issue, expiration date
Spanish retailer El Corte Ingles is to join buying alliance AMS Sourcing. The retailer will join Netherlands-based AMS from 1 January, it announced today (31 July). Bert Swartsenburg, AMS managing director, said: "We are more than happy ...
Sanofi company, Genzyme has received approval of a product label expansion from the European Commission for the use of Thyrogen (thyrotropin alfa) with a broad irradiation dose range for postoperative thyroid remnant ablation. The ...
Tags: label, postoperative thyroid remnant ablation, revised labeling
Powder characterization company Freeman Technology(Tewkesbury,UK)has announced significant expansion into Asia with the appointment of Nishil Malde as general manager for Asia Pacific. Malde,who joined Freeman Technology in June 2012,is ...
Tags: Freeman Technology, FT4 Powder, China
Extrusion systems manufacturer Macro Engineering & Technology has created a new technology division expressly to help processors better their film and sheet extrusion operations through a range of consultation and service based products. ...
Tags: film, sheet, blown and cast extrusion systems, machinery, food, medical
US own-label firm TreeHouse Foods has cut its full-year earnings guidance as it announced plans to shut its soup and salad dressing facilities. TreeHouse this morning (8 August) lowered its full-year adjusted profit outlook to between ...
Tags: TreeHouse Foods, soup and salad dressing facilities, operating profit
Mainly thanks to simmering market demand for new PCs running on Windows 8,Compal Electronics Inc.and Inventec Corp.,two of Taiwan's largest laptop contract manufacturers,both saw their revenue surge in November from October. Compal ...
Tags: PCs, Windows 8, Compal Electronics, Inventec Corp, laptop
SteelGuru,the leading website for steel,metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today,has added yet another value added service for its readers ...
In a wide ranging speech,which is believed to have also set Honda's financial goals for the next five years,President and Chief Executive Officer Takanobu Ito,allegedly announced Honda's intention to launch fuel cell based electric cars in ...
Tags: Honda, fuel cell, FCX, reduce carbon emissions