Company News
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Company News
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Volkswagen Will Earn The Entire Stake in Swedish Commercial Vehicle Maker Scania
Feb 25, 2014German automotive giant Volkswagen is set to acquire the entire stake in Swedish commercial vehicle maker Scania for EUR6.7bn. The company currently holds a total of 89.2% of the voting rights and 62.6% of the capital of Scania. ...
Tags: Commercial Vehicle, Volkswagen
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Drinks Americas to Expand Distribution of Its Day of The Dead Craft Beer in South Carolina
Feb 25, 2014Drinks Americas Holdings, a US-based broker for Mexican beers, has partnered with three chain retailers to expand the distribution of its Day of the Dead Craft Beer in South Carolina. The three retail chains include Total Wine, Greens ...
Tags: Drinks Americas, Beer Distribution
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Thomas Canning Is Set to Build a Fruit and Vegetable Processing Facility in Essex County
Feb 25, 2014Thomas Canning is set to build a fruit and vegetable processing facility in Essex County, Ontario, Canada, in line with its efforts to expand its presence in the country and overseas. In support of the project, the company will receive ...
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Hormel Foods Corporation Reported Its Performance for The Fiscal Year 2014 First Quarter
Feb 25, 2014Hormel Foods Corporation today reported its performance for the fiscal year 2014 first quarter. All comparisons are to the first quarter of fiscal 2013. The company reported fiscal 2014 first quarter net earnings of $153.3 million, up 18 ...
Tags: Hormel Foods, Refrigerated Foods
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Researchers Develop Systems for Unprocessed and Processed Food Using Infrared Technology
Feb 25, 2014Researchers from the University of Western Australia (UWA) are developing quality control systems for unprocessed and processed food items using infrared technology. Funded by an Australian Research Council grant, the project is aimed ...
Tags: Infrared Technology, Food Quality
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John Reinhart Has Begun as CEO of The Virginia Port Authority
Feb 25, 2014Luke Sharrett/Bloomberg News John Reinhart has begun as CEO of the Virginia Port Authority and will oversee a restructuring effort already under way, according to the port. Reinhart, who was named to the post in October, comes from ...
Tags: Virginia Port Authority, APM, Maersk Line, VPA
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FedEx Trade Networks Said It Has Named Jack Muhs Its New CEO.
Feb 25, 2014FedEx Trade Networks said it has named Jack Muhs its new CEO. Muhs has worked at FedEx Corp. since 1984, the company said in a Feb. 10 statement. He previously was a senior vice president at FedEx Express, overseeing its U.S. export ...
Tags: FedEx, U.S.export business, forwarding solutions, Transport Topics
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J&E Transport and Northstar Services Said They Have Merged
Feb 25, 2014J&E Transport and Northstar Services, both in Pennsauken, N.J., said they have merged. Terms were not disclosed. Carrier J&E offers drayage, domestic warehousing and distribution services. Northstar has terminals at the ports of New York, ...
Tags: J&E, Northstar Service, Al Iannelli, steamship line
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Del Monte Is One of The World's Leading Vertically Integrated Producers and Keep Growing
Feb 25, 2014Del Monte Fresh Produce Company is one of the world's leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared ...
Tags: Del Monte, fresh-cut fruit
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Santa Maria Foods Is Recalling Various Meat Products Because Imported Without Inspection
Feb 25, 2014Santa Maria Foods Corporation, a Rexdale, Ontario, Canada establishment, is recalling approximately 8,895 pounds of various meat products, because they were imported without the benefit of full USDA inspection, the U.S. Department of ...
Tags: Meat Products, Santa Maria Foods
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The Alexir Partnership Will Be Launching The AlexiMAP at The Packaging Innovations
Feb 25, 2014The Alexir Partnership will be launching the AlexiMAP at the Packaging Innovations Show on 26-27 February at the NEC in Birmingham on their Innovation Centre stand J43. The AlexiMAP is the result of a joint project between Alexir and ...
Tags: Board-Based Tray, Packaging
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Unilever Has Signed a Deal to Sell Meat Snacks Business to Beef Jerky Group Jack Link's
Feb 25, 2014British-Dutch multinational company Unilever has signed a deal to sell its meat snacks business to US beef jerky group Jack Link’s. The sale includes Bifi and Peperami sausage brands as well as a manufacturing unit in Ansbach, ...
Tags: Unilever, Meat Snacks
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Hohenstein Institute Make Consumers Aware When They Are Buying Products of Certain Quality
Feb 25, 2014Product labels make consumers aware when they are buying products of certain quality features that they would be unable to assess without additional information. This is also the intention of the quality label from the independent ...
Tags: Skin-Friendly Clothes, Textile
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Carbon Nanotube Fibers Is Greater to Carry Electrical Current Than Copper Cables
Feb 25, 2014On a pound-per-pound basis, carbon nanotube-based fibers invented at Rice University have greater capacity to carry electrical current than copper cables of the same mass, according to new research. While individual nanotubes are ...
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Vinci Announces The Launch of Vinci Equipment Distribution in Hibbett Sporting Goods Store
Feb 25, 2014Vinci, makers of high quality baseball gloves and equipment, announces the launch of Vinci equipment distribution in Hibbett Sporting Goods stores. Hibbett will carry select models of Vinci baseball gloves, including the popular ...
Tags: Baseball Gloves, Apparel
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