Qualcomm and Nichicon have signed a wireless electric vehicle charging (WEVC) license agreement. Nichicon will include Qualcomm Halo WEVC technology in its product portfolio and will focus on commercializing WEVC systems for Plug-In ...
Didi Chuxing and SoftBank Group will invest up to $2bn to lead Grab’s current financing round, which expects to raise $2.5bn in total. The investment upon completion will allow the ride-hailing company to strengthen its position in ...
Tags: Hailing Firm Grab
Russian meat and feed producer Cherkizovo Group has unveiled plans to build turkey fattening sites in Lipetsk region. "Cherkizovo Group is a long-established and strategically important partner of Lipetsk region. The Group is building ...
Great Lakes Cheese (GLC) is building a new $55m cheese packaging facility in Wausau, Wisconsin, US. The company has entered into an agreement with the City of Wausau to build the plant, which will help to enhance its production operations ...
Tags: Great Lakes Cheese, Packaging
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
Food and agriculture investment firm Arlon Group has purchased a minority stake in Brazil-based CBL Alimentos (Betania). Betânia is the largest dairy company in the Northeast Region of Brazil, producing fluid milk, dairy drinks and ...
Tags: Arlon, milk production
The Dow Chemical Company has developed a range of flexible packaging solutions to meet the requirements of the e-commerce market in Asia Pacific region. The company said that its patented expanded polyethylene (EPE) foam technology is a ...
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that, for first-half 2017, it expects revenue of about £70m, reflecting increased sales in each of its three primary markets. “All business units have ...
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
Lollicup USA has signed the land development deal to begin construction of the company's new, 700,000 ft2 manufacturing facility in Rockwall, Texas, US. The manufacturing plant, located not far from Dallas, will open with new machines for ...
Tags: Lollicup USA, packaging
Tyson Foods will invest $59.7m to expand its distribution center in Pottsville, Pennsylvania which would create more jobs, improve efficiency and support its growth plans. The project, which will begin this summer, includes construction ...
Tags: Tyson Foods, foodservice
Colep, a leading global player in the consumer goods packaging and contract manufacturing industries, has appointed Andres Labadie as the new sales Mmanager for the North American region. Andres, who is currently based in North Carolina, ...
Tags: Colep, packaging, consumer goods
Australian horticultural company Costa Group has agreed to acquire Lankester Avocado's orchards and packing operations in Queensland for an undisclosed price. The avocado business owned by the Lankester family cultivates the fruit in a ...
Tags: Costa Group, packing
UK-based independent milk processor Wyke Farms and The Organic Milk Suppliers Cooperative (OMSCo) have announced a growing partnership to expand organic cheese production, distribution and sales. Wyke Farms and OMSCo are developing their ...
Tags: milk processor, Organic Milk
Comexi, a machinery supplier in the flexible packaging industry, continues to strengthen its presence in the US, Canada and Southeast Asia. Recently the group has reinforced its Service and Technical Assistance Department (SAT) in these ...