San Francisco Bay Area based food safety solutions firm SafeTraces has raised funds worth $1.5m in a series seed round led by Maumee Ventures, the venture capital arm of The Andersons. The company plans to use the funds to speed up ...
Tags: SafeTraces, Maumee Ventures, seed round
Pork processor Moon Ridge Foods has opened its new pork processing plant in Pleasant Hope in the US state of Missouri. Operations in the pork processing plant are scheduled to start in mid-September this year. The plant will be Moon ...
Rigid plastic container manufacturer Plastipak Packaging, a subsidiary of Plastipak Holdings, is planning to invest $10.4m to add two manufacturing lines to its Birmingham area facility in Jefferson County, Alabama, US. Plastipak ...
Tags: Plastipak Packaging, new expansion, beverage bottles production
Berry Plastics Group has signed an agreement to acquire AEP Industries, a North American manufacturer of flexible plastic packaging films, for $765m including debt. Under the terms of the deal, each shareholder of AEP will receive either ...
Tags: Berry Plastics Group, AEP Industries, debt
26 August 2016, Noida (India): India’s largest global flexible packaging solution company, Uflex Limited has been working towards expanding the reach of its Flexfresh™ Liner Bags to improve product availability and offer better ...
Tags: Noida, Flexfresh Liner Bags, Uflex, Papaya
Harrison Packaging, one of Europe’s independent suppliers of printed cartons, has signed a deal to further automate its plant-wide ERP workflow, purchasing an EFI Packaging Suite. The company, which is based in Stockton-on-Tees in ...
Turkish tea vendor Dogus Cay has selected Krones’ new NitroHotfill line to produce iced teas in consumer-friendly PET containers. Dogus Cay produces around 35,000t of tea annually in five facilities in Rize. It also operates a ...
Tags: Dogus Cay, Krones, NitroHotfill, PET containers
At a time when dairy companies have struggled with the continued European oversupply of milk, Arla has strengthened the quality and profitability of its business. Arla’s strategic branded sales grew 6.1 per cent in the first half of ...
Tags: Arla, dairy, positive results
When we were drafting and seeking public comment on the rules that will implement the FDA Food Safety Modernization Act (FSMA), we promised that we would do whatever we could to help the regulated industry understand and meet the new ...
Tags: FSMA, guidances, foodborne illness
Sanderson Farms reported results for the third fiscal quarter and nine months ended July 31, 2016. Net sales for the third quarter of fiscal 2016 were $728.0 million compared with $739.9 million for the same period a year ago. For the ...
Tags: Sanderson Farms, results
Chinese pork production company WH Group revealed that CDH Investments, one of its major investors, is planning to sell 10.61% stake in the company worth about HK$9.25bn($1.19bn). CDH is planning to offload a total of 1.55 billion shares ...
Tags: WH Group, CDH Investments
Kuwait-based food distributor Mezzan Holding has acquired a 70% stake in Al Safi Food Company for SAR90.75m ($24m). This will allow the Kuwait-based company to manufacture and distribute food and beverage products in Saudi Arabia using Al ...
Tags: Mezzan, Al Safi Food Company
Honda of South Carolina (HSC) is investing $45m in an expansion project which the company says will create 250 additional jobs at the facility in Timmonsville. The investment will add about 115,000 ft2 of space which will help the ...
Tags: HSC, investment, plant expansion
Nexteer Automotive has opened its new World Headquarters in Auburn Hills, Michigan. The strategically located headquarters provides a strong platform for increased industry presence and expanded reach for skilled talent. To commemorate ...
Anheuser-Busch’s margarita flavoured beer Lime-A-Rita has launched a limited-edition Cherry-Ahh-Rita flavour. The flavour has been released just in time during the end of summer. This new edition features sweet, juicy tasting dark ...