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Flowers Foods Changes Organizational Structure

May 5, 2017

Flowers Foods has announced an improved organizational structure aimed to provide greater focus on the company strategic objectives under Project Centennial, stress brand growth and innovation in line with a national branded food company, ...

Tags: Flowers Foods, Snacking

Bosch to Sell Starters, Generators Unit to China's ZMJ

May 4, 2017

Bosch is planning to divest its subsidiary Robert Bosch Starter Motors Generators, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.), Zhengzhou, China, and CRCI (China Renaissance ...

Tags: Bosch, Motors, Generators

Parmalat Acquires Two US Dairy Companies

May 4, 2017

Parmalat has acquired two American dairy producers for an undisclosed price. With this transaction, the Parmalat Group acquires an important business active in the ethnic specialties segment in the United States, increasing its current ...

Tags: Parmalat, dairy producer

US to Investigate Toyota, BMW, Honda, Others for Alleged Patent Violations

May 3, 2017

The US will start an investigation into whether thermoplastic components used in various German and Japanese vehicle models sold in the country violate its patent laws. The US International Trade Commission (USITC) has voted to institute ...

Tags: thermoplastic components, electric motors

Middleby Buys Baking Equipment Manufacturer Burford

May 3, 2017

The Middleby has acquired industrial baking equipment manufacturer Burford. The company is based in Maysville, Oklahoma and has approximately $15m in annual revenues. Selim A. Bassoul, Chairman and CEO of The Middleby Corporation said: ...

Tags: Middleby, Baking Equipment

Kia Motors to Invest $1.1bn for Car Manufacturing Plant in India

May 2, 2017

South Korean automobile manufacturer Kia Motors is set to enter the Indian car market by investing $1.1bn to build its first factory in the country. The company signed a memorandum of understanding (MOU) with the State Government of ...

Tags: Kia Motors, Car Manufacturing Plant

Grupo Bimbo Acquires Moroccan Bakery Company Groupe Adghal

May 2, 2017

Grupo Bimbo has acquired Groupe Adghal, a Morocco-based producer and distributer of baked goods. With sales rising to around 11 million dollars and a 20-year track record, Adghal represents Grupo Bimbo’s gateway to a new market. ...

Tags: Grupo Bimbo, Adghal, baked goods

Hain Celestial Acquires UK-Based Soup Manufacturer

May 2, 2017

Hain Frozen Foods UK, a subsidiary of The Hain Celestial Group, has acquired England-based soup manufacturer The Yorkshire Provender for an undisclosed price. The acquisition is expected to help the US-based Hain Celestial to expand its ...

Tags: Frozen Foods, soup

Moosehead Breweries Celebrates 150th Anniversary

May 2, 2017

Moosehead Breweries, which is considered to be Canada's oldest independent beer firm, is celebrating its 150 years of family brewing. When Susannah Oland opened the Army and Navy Brewery in 1867, she hoped to create a business that could ...

Tags: Moosehead Breweries, Anniversary

FleetBoard, Mercedes-Benz Vans to Opt Microsoft Azure Cloud Solution

Apr 28, 2017

Daimler FleetBoard and Mercedes-Benz Vans said they will opt for Microsoft Azure cloud platform in the future. The Internet of Things is changing all areas of industry, especially logistics. Leading commercial vehicle manufacturer Daimler ...

Tags: FleetBoard, Mercedes-Benz

Tyson Foods to Acquire Sandwich Producer AdvancePierre for $3.2bn

Apr 28, 2017

Tyson Foods has agreed to buy Ohio-based sandwich producer AdvancePierre Foods for about $3.2bn. The acquisition will expand Tyson Foods' portfolio of prepared foods and protein-packed brands. A subsidiary of Tyson Foods will offer to ...

Tags: Tyson Foods, Sandwich

TreeHouse to Divest Soup and Infant Feeding Business to Riverbend

Apr 28, 2017

TreeHouse Foods has agreed to sell its Soup and Infant Feeding (SIF) business to Riverbend Foods, a newly founded portfolio company of Insight Equity. The SIF business is based in Pittsburgh, Pa. and is a leading manufacturer of private ...

Tags: TreeHouse, Infant Feeding

Waymo Orders 500 More Chrysler Pacifica Hybrid Minivans

Apr 28, 2017

FCA US will supply an additional 500 of its Chrysler Pacifica Hybrid minivans to Waymo’s self-driving program. Last year, the automobile company delivered 100 modified minivans to Waymo. Production of the 500 minivansi s expected ...

Tags: Chrysler, Hybrid minivans

Driverless Vehicles to Be Trialed Between Oxford and London

Apr 26, 2017

A fleet of driverless vehicles using UK-built software is set to be trialed between Oxford and London in 2019. Oxford-based artificial intelligence company Oxbotica is leading a consortium of companies that include Oxford Robotics ...

Tags: Driverless Vehicles, Autonomous Vehicles

Ellison Bakery Secures Investment From Blackford Capital

Apr 26, 2017

Blackford Capital has made an undisclosed investment in Indiana-based Ellison Bakery, a manufacturer of cookie, snack bar, crunch and inclusion product, and other products for the industrial market, food service industry, and retail and ...

Tags: snack bar, food service