Hormel Foods has merged its specialty foods segment into its grocery products segment. It will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded ...
Tags: Hormel Foods, Grocery Products
American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
For fiscal first-quarter 2018 (to end-September 2017), optical and photonic optical component and subsystem maker Lumentum Holdings Inc of Milpitas, CA, USA has reported revenue of $243.2m, down 5.8% on $258.1m a year ago due to softer ...
Tags: optical component, subsystem
For third-fiscal 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $131.9m, up 15% on $115.1m last quarter and up 54% on $85.5m a year ago, marking the first full ...
Tags: LED market, LED Lighting
Plastic bottle recycling in the US had gone down by 2.4% to a little over £2.9bn in 2016, according to a new industry report. The figures were revealed by Association of Plastic Recyclers (APR) and the American Chemistry Council ...
Tags: Plastic Bottle, Plastic Recyclers
For fiscal first-quarter 2018 (to end-September 2017), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $155.6m (split about 48%:52% between ...
Tags: components, modules, optical communications
Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
GPA Global, an EQT Mid Market company, has agreed to acquire MW Luxury Packaging, a provider of packaging solutions to the spirits, beverage and health & beauty industry. MW Luxury Packaging is engaged in providing concept design, ...
Tags: GPA Global, Luxury Packaging
TreeHouse Foods, a manufacturer of packaged foods and beverages, said that its president Robert Aiken has resigned on 29 October. The company's chairman and CEO Sam K. Reed will assume the role of president. "We are disappointed by ...
Tags: TreeHouse Foods, packaged foods, beverages
Mars Food has completed the acquisition of Connecticut-based Preferred Brands International, a manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold mainly under the Tasty Bite brand. Preferred Brands ...
Tags: Mars Food, food products
Simmons Pet Food has broken ground on a facility expansion at its flexible packaging plant in Emporia, located in the US state of Kansas. The $38m expansion project will increase the space at the facility to around 200,000ft², and ...
Tags: Flexible Packaging, Packaging
US-based Scanbuy, a provider of QR Code mobile technology services, and Kezzler have partnered to bring Internet of Packaging (IoP) to consumer packaged goods companies and retailers. Norway-based Kezzler provides product serialization, ...
Archroma plans to showcase its solutions and expertise to improve the optical and functional properties of board and paper during the Paperex 2017 event to be held next month in India. The Switzerland-based color and specialty chemicals ...
For third-quarter 2017, South Korean LED maker Seoul Semiconductor Co Ltd has reported revenue of KrW305bn, up 14% on KRW267bn last quarter due to strong sales of its Acrich MJT, Wicop, UCD and filament LED products. Within the lighting ...
Tags: Semiconductor, LED