Company News
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Company News
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Gruma Announces to Invest $50m in a New Plant in Russia, Over The Next Two Years
Dec 17, 2014Mexican corn miller and tortilla producer Gruma has announced plans to invest $50m in a new plant in Russia, over the next two years. Located in the Moscow Region, the new plant will be capable of producing around 31,500 tonnes of corn ...
Tags: tortilla wraps, tortilla, tortilla chips, Agriculture
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High Liner Foods Opened 38,000ft2 Facility in Portsmouth, New Hampshire
Dec 17, 2014US-based frozen fish and seafood processor High Liner Foods has opened new facility in Portsmouth, New Hampshire. The 38,000ft2 facility, which is the company's new headquarters, features advanced communications technology, culinary ...
Tags: frozen fish, seafood, Agriculture
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Immaculate Baking Expands Product Range with Two New Ready-to-Bake Refrigerated Offerings
Dec 17, 2014Immaculate Baking, a subsidiary of General Mills, has expanded its product range with the introduction of two new ready-to-bake holiday refrigerated dough offerings. The two limited edition offerings are Immaculate Baking Panettone and ...
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Olam to Acquire Global Cocoa Business of Archer Daniels Midland Company for $1.3bn
Dec 17, 2014Singapore’s Olam International has agreed to acquire the global cocoa business of Archer Daniels Midland Company, in a $1.3bn deal. This new development is expected to enhance Olam's chocolate and cocoa businesses, in an effort ...
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US Halal Food Brand Midamar Charged for Selling Misbranded Meat
Dec 17, 2014In a major fraud indictment, Cedar Rapids based halal food brand Midamar has been booked by federal prosecutors for supplying $4.9m worth of beef without following the halal practices promised in its labelling and advertising. Citing the ...
Tags: Misbranded Meat, labelling, advertising, Agriculture
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Cott Completes The Acquisition of Coffee Producer DSS for $1.25bn
Dec 17, 2014Private label beverage producer Cott Corporation has acquired US-based water and coffee producer DSS Group, in a previously announced deal worth $1.25bn. A definitive merger agreement to this effect was signed between both the ...
Tags: water, coffee, Agriculture
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Next Generation Skoda Superb Claimed to Sport a New Design Language, Innovative Technology
Dec 17, 2014Skoda announced that its third-generation SKODA Superb has successfully completed the final test series in Southern Europe. The next generation Superb claimed to sport a new design language, innovative technology, driving dynamics, new ...
Tags: innovative technology, driving dynamics, new proportions, extra space
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Umicore to Construct a New Facility in Hemaraj, Thailand
Dec 17, 2014Belgium based materials technology company Umicore is planning to construct a new facility in Hemaraj, Thailand which will produce emission control catalysts for light duty vehicles. The company is expected to invest around €20m at ...
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Volvo to Change Global Marketing Strategy by Sell Vehicles Online
Dec 17, 2014Volvo’s car division is planning to sell vehicles online, along with the introduction of new models to get an edge above its rivals including BMW. The company has reportedly outlined changes to its global marketing strategy which ...
Tags: e-commerce, digital advertising, Auto
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Mercedes-Benz Starts Taking Orders for Mercedes-Maybach S-Class
Dec 17, 2014Mercedes-Benz has started taking orders for its Mercedes-Maybach S-Class prior to the scheduled market launch in February 2015. This new Mercedes' flagship model with a length of 5453 mm and a wheelbase of 3365 mm, offers additional 20cm ...
Tags: Mercedes-Maybach S 600, Auto
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Rochon Genova Explores Possibility of Potential Class Preceding Over Takata Airbag Issue
Dec 17, 2014Canadian law firm Rochon Genova is exploring the possibility of a potential class preceding on behalf of Canadian vehicles owners over Takata airbag issue. The announcement comes in the wake of the recent recalls of more than a million ...
Tags: faulty airbags, vehicles owners, Auto
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Skoda Commences The Series Production of Fabia Combi at Mladá Boleslav Plant in Czech
Dec 17, 2014Skoda has commenced the series production of Fabia Combi at the company’s Mladá Boleslav plant in Czech Republic. The car which is in its third generation is expected to have more space, functionality and eco-friendliness ...
Tags: system screen, Fabia Combi, Auto
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Good Day Organics Works with Elanders to Design New Packaging for The Products
Dec 16, 2014The rebrand sees a new design for the products within his Mount Purious Raw Skincare range. Good Day Organics launched in 2014, supplying skincare products made from certified organic ingredients. Chris O’Grady, director at Good ...
Tags: Elanders, Skincare Range
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Rajhans Nutriments Introduces New Premium Chocolate Bar Called Hoppits
Dec 16, 2014India based Rajhans Group’s Rajhans Nutriments has launched a new premium chocolate bar called Hoppits, which the company claims, is made from unique combinations not available in market currently. The new chocolates, launched under ...
Tags: Chocolate Bar, Agriculture
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Monogram Foods Invest $36.5m to Expand The Production Operations at Martinsville Facility
Dec 16, 2014American meat processor Monogram Foods will invest $36.5m to expand the production operations at its Martinsville facility in Virginia. The 54,000ft2 expansion will create 100 jobs by July 2015, while 100 more jobs will be added over the ...
Tags: meat processor, Agriculture
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