Audi has deployed robots named ‘Ray’ at its plant in Ingolstadt, Germany that are capable of independently transporting cars from production to an interim storage area. Presently, the company has introduced two robots that ...
Hyundai is planning to build its second factory in Alabama, US to increase the production of SUVs in the country, reported Yonhap News Agency. The move is reportedly triggered following a drop in gas prices in the US, which has ...
The UK government has announced to add 100 plug-in electric cars and vans to its fleet. The latest addition is a part of the government's initiative to promote green transportation for which the government previously invested ...
Tags: UK Government, EVs
British frozen food and seafood supplier Findus has received an approval from the Spanish Competition Authorities for the acquisition of Nestlé Spain’s La Cocinera frozen ready to eat meals business. Earlier this year, ...
Tags: Findus Group, seafood, frozen food
Alcoholic and non-alcoholic beverages producer Thai Beverage (ThaiBev) has expanded its business with the establishment of a new venture in East Timor. The expansion forms a part of ThaiBev's strategy to invest around THB5bn ($153.2m) ...
Tags: Thai Beverage, Alcoholic beverages
A partnership between petrochemicals company Saudi Basic Industries Corporation (SABIC) and liquid food packaging firm Elopak will help in making available beverage cartons coated with plastic made from SABIC’s certified renewable ...
Global Packaging will expand its facility in the city of Hamlet in Richmond County, investing close to $9.8m that will lead to creation of 33 jobs over the next three years. Based in Oaks, Pennsylvania, Global Packaging specialises in ...
Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
Energy drinks producer Red Bull North America has introduced three new flavors to its Red Bull Editions product range, in order to cater to the increasing consumer demand for zero-calorie flavored energy drink. The new Editions include ...
Tags: Red Bull, Editions Range, Energy drinks
McCormick has taken over 100% shares of flavours producer Brand Aromatics for around $63m, a move that will expand the company's product portfolio. Headquartered in New Jersey, Brand Aromatics supplies natural savoury flavours, ...
Tags: McCormick, Flavours Producer, natural savoury flavours
UK based Exponent Private Equity is contemplating sale of its meat-free food brand Quorn and has already held preliminary talks with an American food firm, the WhiteWave Foods Company. WhiteWave Foods Company is targeting the rapidly ...
Tags: WhiteWave Foods, Quorn, meat-free food
Weston Foods, a subsidiary of Canadian food processing firm George Weston Limited, has acquired cakes producer Starr Culinary Delights. The acquisition forms a part of Weston Foods' commitment to grow and offer quality bakery products ...
Tags: Weston Foods, food processing, Cakes
Australia based private equity investment firm Pacific Equity Partners (PEP) has agreed to acquire Kerry Pinnacle, the Australian subsidiary of British baked goods firm Kerry Group. Reuters reported citing a person with knowledge of ...
Tags: baked goods, Kerry Group
Volkswagen has announced its plans to invest $1bn to expand and modernize its Puebla plant in Mexico. The German automaker is planning to manufacture Tiguan compact crossover SUV in the Mexican plant, which currently produces Golf on ...
Tags: Volkswagen, Puebla Plant
Ohio based multi-regional dry van hauler services company, Craig Transportation has selected Rand McNally's TND 760 mobile fleet management devices to improve its services. With the usage of TND 760 devices, Craig Transportation ...