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Company News
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Shuanghui International Buys Smithfield Foods in an All-Cash Deal Valued at $7.1bn
Sep 29, 2013Shuanghui International has acquired a US pork processor Smithfield Foods in an all-cash deal valued at $7.1bn, which includes the assumption of net debt. The deal received approval from Smithfield's shareholders at a special meeting held ...
Tags: Shuanghui International, pork
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United Natural Foods Agreed to Acquire Trudeau Foods From Trudeau Holdings
Sep 29, 2013United Natural Foods (UNFI) has agreed to acquire Trudeau Foods from Trudeau Holdings, a portfolio company of Arbor Investments II, for an undisclosed amount. Minnesota-based Trudeau Foods is a distributor of natural, organic and ...
Tags: Natural Foods, Trudeau Foods
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Ballard Power Systems Has Signed a Deal to Support Fuel Cell Bus Program in China
Sep 29, 2013Canada-based Ballard Power Systems has entered into multi-year definitive agreements to support Azure Hydrogen's zero emission fuel cell bus program for the Chinese market. Azure will partner with Chinese bus manufacturers to deploy zero ...
Tags: Fuel Cell, Ballard Power Systems
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New Generation Tata Xenon XT Range Has Been Introduced in South Africa by Tata Motors
Sep 29, 2013Indian automaker Tata Motors has introduced its new generation Tata Xenon XT range in South Africa. The Tata Xenon XT range is offered in 4 variants - Single Cab (4X4), Single Cab (4X2), Double Cab (4X2) and Double Cab (4X4). Tata ...
Tags: Tata Motors, Xenon XT Range
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Toyota Motors Must Export Its Corolla Sedans Manufactured in US to 18 Countries in 2014
Sep 29, 2013Japanese automaker Toyota Motors is set to export its Corolla sedans which are manufactured in the US to 18 countries in Latin America and the Caribbean in 2014. These shipments are expected to build upon the company's record export of ...
Tags: Toyota Motors, Corolla Sedans
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BorgWarner Has Disclosed a New Production Plant and Engineering Center in Poland
Sep 29, 2013US based auto-parts manufacturer BorgWarner has opened a new production plant and engineering center at the Podkarpackie Science and Technology Park in Rzeszów, Poland. Spread across 78,500ft2 space, the new production plant ...
Tags: BorgWarner, auto-parts
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What Is The Main Theme of Your Presence at GITEX This Year?
Sep 27, 20131) What is the main theme of your presence at GITEX this year? Huawei’s Enterprise Business Group will be the focus at GITEX this year showcasing many of its latest technologies and solutions catered to industries from government ...
Tags: Huawei, smartphone
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Fonterra Sets to The Launch of Its Own Branded Milk Formula in China
Sep 27, 2013Fonterra, a New Zealand-based dairy firm, is stepping towards the launch of its own branded milk formula in China, following the recent allegations that its products contained botulism-causing bacteria. Fonterra CEO Theo Spierings was ...
Tags: Fonterra, Milk Formula
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Modern Oats Unveils Oatmeal Cups with Rolled Oats and Blends of Superfruits, Nuts an Seeds
Sep 27, 2013Modern Oats, a brand owned by Innovative Beverage Concepts, has unveiled oatmeal cups with whole rolled oats and blends of superfruits, nuts and seeds. Packaged in portable, recyclable 2.6oz cup, the Modern Oats oatmeal cups are available ...
Tags: Modern Oats, Oatmeal Cups
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Rocky Mountain Pie Expanded Production Capacity of Its Seasonal and Holiday Pies
Sep 27, 2013Rocky Mountain Pie (RMP), a US-based bakery products manufacturer, has expanded production capacity of its seasonal and holiday pies to cater to the increasing product demand. The company anticipates that October through December will ...
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Fonterra Has Posted Nz$736m in Net Earnings for The Full-Year 2013
Sep 27, 2013Fonterra has posted NZ$736m ($608m) in net earnings for the full-year 2013, an 18% increase compared with NZ$624m in 2012, despite a drought which resulted in lower milk production in Australia. The co-operative cited strong demand in ...
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Inventure Foods Signed a Letter of Intent to Buy All of The Assets of Fresh Frozen Foods
Sep 27, 2013US-based Inventure Foods has signed a letter of intent to purchase all of the assets of Fresh Frozen Foods, a branded frozen vegetable processor, for $38m. Based in Jefferson, Georgia, Fresh Frozen is a processor and supplier of over 60 ...
Tags: Inventure Foods, Frozen Foods
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Cargill Installs Solar Energy System at a Meat Processing Facility in Fresno, California.
Sep 27, 2013Cargill has teamed up with TEVA Energy to install a solar energy system at a meat processing facility in Fresno, California. The company has added solar energy at the facility to pre-heat water used throughout the plant for food safety ...
Tags: Cargill, Solar Thermal System
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H.B. Fuller Providing Increased Stacking Strength with Minimum Material Use
Sep 27, 2013H.B. Fuller, a US-based formulator, manufacturer and marketer of adhesives, has unveiled Sesame High Modulus Tape for produce packaging, providing increased stacking strength with minimum material use for increased box life and reuse. ...
Tags: H.B.Fuller, Produce Packaging
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Sappi Has Teamed up with Basf and Eurofins to Launch MOB Coated Papers for Food Packaging
Sep 27, 2013Sappi, a South African paper company specializing in coated fine paper, has teamed up with BASF and Eurofins to launch Mineral Oil Barrier (MOB) coated papers - MOB Kraft and MOB Gravure, for food packaging. According to the company, ...
Tags: Sappi, Oil Barrier
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