Indian multi-business conglomerate ITC has announced plans to invest around INR10bn ($161.4m) into dairy and juice businesses which are expected to be launched in the January-March quarter. The proposed capital will be invested in ...
Tags: Dairy, Juice Businesses, Agriculture
Alcoholic beverages distributor Southern Wine & Spirits of America has opened its new automated storage and retrieval system (AS/RS) facility in Union City, California. The new facility follows the opening of the company's Southern ...
Tags: Wine, Retrieval System, Agriculture
Indian multi-business conglomerate ITC is planning to invest around INR10bn ($161.4m) into juice and dairy businesses, which are expected to be launched in the January-March quarter. The proposed capital will be invested in ...
Tags: manufacturing capacity, marketing, brand building, Agriculture
US-based Trident Seafoods has agreed to acquire the assets of Western Alaska Fisheries in Kodiak, Alaska, from Westward Seafoods. The acquisition includes Western Alaska Fisheries' plant in Kodiak with a capacity to process 45 million ...
Tags: Seafoods, Agriculture
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
For its fiscal second-quarter 2015, fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $297m, up 2.2% on $290.7m a year ago but down 9.4% on $327.6m last quarter (its first ...
Tags: Finisar, Electronics
It is always a challenge to anticipate the USDA's quarterly estimate of corn stocks, but the estimate of the December 1 inventory, to be released on January 12, 2015, is a special challenge. Not only is there the usual uncertainty about the ...
Tags: corn stocks, Agriculture
The year is drawing to a close but the number of exhibitors signing up for AUSPACK 2015 is still growing. According to Luke Kasprzak, portfolio director – industrial division, exhibition and trade fairs, “AUSPACK 2015 is ...
Tags: exhibition, trade fairs, Packaging
Honeywell has launched its hands-free wrist-mounted mobile device for managing the efficiency, productivity and accuracy of warehouse operations like picking, packing and shipping. "Distribution centre operators in Asia Pacific are ...
Tags: mobile device, picking, shipping, Packaging
South Korea's Chosun Ilbo newspaper said Chinese alcoholic drinks were taking off among Korean consumers. The sales of Kaoliang spirit, Erguotou and other Chinese wine surpassed Japanese sake in Korean traditional importing alcoholic drinks ...
Tags: Alcoholic Drinks, beer
Welspun India Limited (WIL), part of the US$ 3 billion Welspun Group, has unveiled its new spinning facility at Anjar in Gujarat, which is India’s largest spinning facility under one roof. The new, world-class facility was ...
Tags: Spinning Facility, yarn, Textile
Niagara Ventures has completed the previously announced acquisition of all of the issued and outstanding common shares of Blu-Dot Beverage Company. As a result of the Transaction, Blu-Dot became a wholly-owned subsidiary of NVC. The ...
Tags: Beverage, Agriculture
Deep Eddy Vodka has expanded its line of vodkas made from real, premium ingredients with the introduction of Lemon, a zesty lemon-infused vodka made with quality, all-natural flavors including real lemon juice and Texas aquifer water. ...
Tags: lemon juice, aquifer water, Agriculture
In a week which saw trade fuelled by Black Friday and the retailer price-matching competitor events, John Lewis delivered sales of £179.1m, up 21.8% on last year and up 56.8% on the week – the biggest ever week of sales in the ...
Tags: John Lewis, Sales, Furniture
Smith & Wesson reported earnings slid 70.3 percent in the second quarter, to $5.05 million, or 9 cents a share. Revenues slumped 22.1 percent. Net sales for the second quarter were $108.4 million, a decrease of 22.1 percent from net sales ...
Tags: Slides, Sporting Goods