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Volvo Cars Unveils Two New Concept Cars

May 23, 2016

Volvo Cars has unveiled two new concept cars that move the Swedish brand in an audacious new direction and mark the official launch of its global small car strategy. Today's newly-revealed 40 series concepts demonstrate for the first time ...

Tags: Volvo Cars, Concept Cars

Tesla Plans to Sell $1.7bn in New Stock to Fund Model 3 Car Production

May 23, 2016

Tesla Motors said it will sell about $1.7bn of common stock to fund the production of the newly announced Model 3 car, which is scheduled to hit the market in late 2017. The Model 3 achieves 215 miles of range per charge while starting at ...

Tags: Tesla Motors, Model 3 car

HC2 Holdings Offers $1bn to Buy Andersons

May 23, 2016

US-based diversified holding company HC2 Holdings has made an offer to buy agricultural company Andersons for $1bn in cash. The offer, which was made through a letter, valued Andersons' shares at $37 per share, a 43% premium on closing ...

Tags: HC2 Holdings, ethanol, rail sectors

Salt of The Earth Targets Sodium Reduction in The UK

May 23, 2016

In response to the new sodium reduction regulations in the UK market, Salt of the Earth has announced its new strategy for the UK food processing and food service markets. The company selected three well-known distributors in two UK ...

Tags: UK market, food service markets

ITC Plans to Invest $593m to Set up Eight New Food Processing Units in India

May 23, 2016

Consumer goods conglomerate ITC is planning to set up eight new integrated food processing units in India by 2019, by investing over Rs 40bn ($593m). According to ITC divisional chief executive V L Rajesh, the investments are part of the ...

Tags: Food Processing Units, consumer goods

Hormel Foods to Acquire Justin's Snacking Brand for $286m

May 23, 2016

US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...

Tags: Snacking Brand, Hormel Foods

US Foods to Acquire Fresh Fruit and Vegetable Processor Freshway Foods

May 23, 2016

US Foods has entered into an agreement to acquire fresh fruit and vegetable processing company Freshway Foods for an undisclosed sum. Freshway Foods also repacks and distributes fresh fruits and vegetables to customers throughout the ...

Tags: Fresh Fruit, Vegetable

Millie's Gelato Introduces New Summer Flavors at Gelson's and Bristol Farms

May 23, 2016

San Diego-based Millie's Gelato, an organic plant based good-for-you gelato company, has launched their new Summer flavors in the Los Angeles at 35 Gelson's and Bristol Farms markets. With the success of their decadently rich cashew cream ...

Tags: milk, Summer Flavors

DONGFENG 2016 SAIL Launched in China

May 20, 2016

DONGFENG new product, 2016 SAIL version has formally launched in market. As the logistic star product, 2016 SAIL version is adhering to the advantages of fuel saving, efficient, comfortable and safe. dCi11 power fuel system is new upgrade ...

Tags: DONGFENG, power fuel system

Amplify Snack Brands Launches Public Offering

May 19, 2016

Amplify Snack Brands has launched a public offering for 10,000,000 shares of the company’s common stock. All shares are being sold by existing stockholders, including certain directors of the Company. Amplify will not receive any of ...

Tags: Public Offering, Amplify Snack

Tyrrells Potato Crisps Acquires German Organic Food Manufacturer Aroma Snacks

May 19, 2016

UK-based snacks manufacturer Tyrrells Potato Crisps has acquired German organic food manufacturer Aroma Snacks for an undisclosed sum. The deal marks Tyrrells' second acquisition in nine months after the purchase of Yarra Valley Snack ...

Tags: Aroma Snacks, Potato Crisps

J&J Snack Foods Launches New Whole Fruit Organic Juice Tubes in Retailers Nationwide

May 19, 2016

J&J Snack Foods has launched a new line extension to the Whole Fruit brand with its Whole Fruit Organic Juice Tubes. These 3-ounce juice tubes are available in four flavors: Apple Concord Grape, Apple Strawberry, Apple Blueberry and Apple ...

Tags: Organic Juice, Snack Foods

Global Food & Beverage Companies Commit to Trans Fat Phase-out Worldwide

May 19, 2016

Members of the International Food & Beverage Alliance (IFBA) have taken another step in progressing the commitments they first made to the World Health Organization in 2008 with the adoption of a worldwide commitment to phase out ...

Tags: Food, Beverage

Ben & Jerry's Cunveils New Ice Cream Flavor in North Carolina

May 19, 2016

Ben & Jerry’s has chosen North Carolina to launch its newest flavor and “Democracy Is In Your Hands’ campaign because it is at the epicenter of the fight for voting rights in the US. Almost immediately following the 2013 ...

Tags: Ice Cream Flavor, Democracy

USANA Launches Clean and Personalized Foods Line Mysmartfoods

May 19, 2016

USANA Health Sciences, the global nutritional company, is launching its new, low-glycemic load and gluten-free? USANA MySmart Foods line — composed of protein-based shakes and bars. Through MySmartFoods, USANA delivers a customized ...

Tags: Personalized Foods, bars