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Ryeco Has Acquired Two Units

Dec 4, 2012

Ryeco,a provider of fresh produce based in Philadelphia,US,has acquired two units on the Philadelphia Wholesale Produce Market(PWPM),expanding its product line and ability to service customers. The company has bought two units previously ...

Tags: expand, acquire, tomatoes, colored peppers

SCOTT Safety Is Now Also Leading The Way in Reducing Energy Consumption

Dec 4, 2012

SCOTT Safety, a leading provider of life safety protection products and services, is now also leading the way in reducing energy consumption. With the help of award-winning lighting manufacturer MHA Lighting, Scott Safety, a Tyco Company, ...

Tags: life safety protection products, LED luminaires, Safety products

High Performance Compression Wear Brand,C3fit Will Be Available for Purchase in NY Market

Dec 4, 2012

GOLDWIN Inc. announced that its high performance compression wear brand, 'C3fit' will be available for purchase at sporting goods retailer 'Paragon Sports' in New York City starting this November. In addition, C3fit will be launching its ...

Tags: GOLDWIN, compression wear, C3fit, sporting goods retailer

Hostess Brands Has Filed a Plan for Reorganization

Dec 4, 2012

Hostess Brands,a maker of breads and sweet goods in the US,has filed a plan for reorganization under US bankruptcy law,in order to pay creditors and emerge from Chapter 11 protection. The plan would give a majority of the stake to a ...

Tags: reorganization, breads, sweet goods, stake

Crum & Forster Has Named Ahmed (Abe) Yaknour as The Company's Chief Technology Officer

Dec 4, 2012

Crum & Forster, an insurance group and a part of Fairfax Financial Holdings, has named Ahmed (Abe) Yaknour as the company’s chief technology officer. Yaknour will manage the architecture of the company's infrastructure, as well as ...

Tags: Fairfax Financial Holdings, chief technology officer, insurance

O-I Has Predicted a Gloomy Outlook

Dec 4, 2012

Owens Illinois, a glass bottles firm, has predicted a gloomy outlook with respect to the demand due to a poor wine market in Australia. Pending sales contracts, reportedly with Foster's and Lion Nathan, in addition to stretched union ...

Tags: glass bottles, wine market, bottle maker

Hanesbrands Donates Apparel to East Coast Victims of Hurricane and Superstorm Sandy

Dec 4, 2012

HanesBrands announced that it is making an initial donation of three tractor-trailer loads of underwear and fleece apparel to East Coast victims of Hurricane and Superstorm Sandy. Hanes, which has a manufacturing plant in Dover, Del., two ...

Tags: HanesBrands, donation, underwear, fleece apparel, victims of Hurricane

CVC Has Agreed to Purchase Insurance-Claims Adjuster Cunningham Lindsey

Dec 4, 2012

Luxembourg-based CVC Capital Partners–led group has agreed to purchase insurance-claims adjuster Cunningham Lindsey from Stone Point Capital and Fairfax Financial Holdings in a deal valued between $900m and $1bn including debt. An ...

Tags: CVC, Bes, board of directors, insurance

The Sales of Jaguar Land Rover September Retail Add up 22%

Dec 4, 2012

Tata Motors’ British luxury car manufacturing subsidiary Jaguar Land Rover (JLR) has reported 22% rise in its retail sales during September 2012 to 36,907 units compared to the corresponding month in 2011. Of the total retail sales, ...

Tags: JLR, sales up, Tata Motor

Audi Has Recorded 13.7% Rise in Vehicle Sales in May 2012

Dec 4, 2012

German carmaker Audi has recorded 13.7% rise in vehicle sales in May 2012 to 128,900 cars, when compared to the corresponding month a year ago. Audi achieved 12.1% rise in its sales during the initial five months of 2012 to 600,200 cars ...

Tags: Audi, vehicle sales, cars, german carmaker

NewPage Has Unveiled a New 60lb Wet Strength Label Paper

Dec 4, 2012

Printing and specialty papers producer in the US, NewPage has unveiled a new 60lb wet strength label paper, OmniPoint designed for large glass and plastic containers used in food, beverage and condiment applications. The new heavyweight ...

Tags: Label Paper, Glass, Plastic Containers

Fashion Angels' Project Runway Activity Kit Collection Hits Store Shelves Nationwide

Dec 4, 2012

The new Fashion Angels’ Project Runway activity kit collection hits store shelves nationwide just in time to fulfill holiday wish lists of aspiring tween designers everywhere. The 2012 Project Runway collection, which experienced a ...

Tags: Fashion Angels, Runway, kit collection

Philips Has Won Its Third Prestigious Award to Date for The Philips

Dec 4, 2012

Philips has won its third prestigious award to date for the Philips by Lirio Cielo luminaire, which was chosen as the Lighting Product category winner at the 2012 FX International Interior Design Awards. The pendant light uses the latest ...

Tags: Philips, LED technology, Lighting Product, The FX Awards

Hyland Software Has Introduced The New Onbase Insurance Field Adjuster APP

Dec 4, 2012

US-based enterprise content management (ECM) software developer Hyland Software has introduced the new OnBase Insurance Field Adjuster App for specific use on Windows 8 platform. Developed in close cooperation with Microsoft, the new ...

Tags: ECM, Hyland Software, OnBase Insurance Field Adjuster

Dole Food Posts Reduce $13.6m in Q3 2012

Dec 4, 2012

Dole Food,a US-based producer and marketer of fruit and fresh vegetables,has posted a loss of$13.6m for the third quarter of 2012,an improvement from a loss of$47m in 2011. The narrowing down of the loss can be attributed to a gain ...

Tags: loss, asset sale, lower expenses