New stats are suggesting Chinese acquisitions in the Asia-Pacific region have helped push the value of annual deals past one trillion U.S. dollars for the first time. The same set of data also shows Chinese companies have spent a record ...
Tags: M&A, New Heights
Pride Manufacturing Corp., a leading manufacturer of golf cleat systems, golf tees and related consumable golf accessories and wood products, has been sold to Medalist Corp., the maker of golf club components and other sporting goods. ...
Tags: Pride Manufacturing Corp, golf cleat systems, Sporting Goods
Ball Corporation is planning to invest in the expansion of its manufacturing plant in Velim, Czech Republic, in a bid to cater to increasing demand for its impact extruded aerosol cans in Europe. As part of the proposed expansion, Ball ...
Tags: Ball Corporation, expansion, Packaging
Dutch nutrition company Royal DSM and United Nations World Food Programme (WFP) have entered into an agreement to prolong their partnership for three years in tackling hunger and malnutrition in developing nations. The partnership intends ...
UK-based dairy processing company Dairy Crest has acquired the remaining 50% shares in Promovita Ingredients Limited held by Fayrefield Foods Limited for £6m cash. Promovita was established as 50:50 joint venture between Dairy Crest ...
Tags: Dairy Crest, Promovita, Agriculture
Finland-based consumer and specialty packaging manufacturer Huhtamaki is expanding manufacturing capacity at its molded fiber packaging plant in Lurgan, Northern Ireland to better serve the growing egg market in the UK and Ireland. Work ...
Tags: Huhtamaki, molded fiber, Packaging
Toshiba Corp. said on Saturday its group net loss for the business year ending in March will far outweigh that of the previous year's and may top its record of 398.8 billion yen (3.29 billion U.S. dollars) logged in the year through March ...
Tags: Toshiba, Record Losses
Scandal-plagued Toshiba Corp. on Monday unveiled wholesale restructuring plans in an aggressive move to return the ailing electronics firm to profitability which will include some 7,800 jobs being slashed from its workforce. The firm ...
Lectra, a world leader in integrated technology solutions dedicated to industries using soft materials, has announced the appointment of Burak Susoy as director for Lectra Turkey and the Middle East. Turkey and the Middle East are regions ...
Tags: Lectra, Burak Susoy, Furniture
Ardent Mills, the premier flour-milling and ingredient company, is announcing a new organic initiative committed to helping US wheat growers double organic wheat acres by 2019. Ardent Mills CEO Dan Dye said: "Ardent Mills' vision is to be ...
Tags: he premier flour-milling and ingredient company, wheat, Agriculture
Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...
Freska Produce International is expanding its avocado reach with its purchase of California avocado packer, Harvest Time Produce. Freska, already a global leader in Mangos, with this entry into the prestigious California Avocado program ...
Tags: Freska Produce, avocado packer, Agriculture
New Zealand-based dairy company Fonterra Co-operative Group is selling its Australian yogurt and dairy dessert business to Parmalat Australia. In this regard, both companies entered into negotiations which resulted in signingof the ...
Having learned advanced heavy-duty truck manufacturing technology from Germany, America and China, Foton Daimler Automotive broke through the emission standards of vehicles, ranked the first in the emission escalation of heavy-duty truck ...
Tags: Auman, heavy-duty trucks, Transportation
Instead of a traditional Christmas party, over 160 members of Australia's packaging, processing machinery and supply chain and logistics associations spent a day packing a record 1250 hampers for Foodbank to distribute to those in need. ...
Tags: Australian Institute of Packaging, The Foodbank Hampers project