US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
Tags: ConAgra Foods, Lamb Weston
The Hain Celestial Group has launched a new strategic platform Cultivate Ventures to invest in lifestyle brands, smaller portfolio brands and concepts as well as incubator opportunities. The company said that the investments should ...
Tags: Hain Celestial, Cultivate Ventures
US-based flexible packaging firm Vonco Products has lunched new division which will focus on the liquid-tight packaging market. The new division, known as LiquaLoc Flexibles, is intend to bring Vonco’s liquid-tight packaging ...
Tags: flexible packaging, Vonco Products
Denmark’s food processing firm Danish Crown is planning to setup a processing and retail product facility in Shanghai, China as part of its 2021 strategy. The company plans to invest about DKK300m ($43.9m) for the plant, which will ...
Tags: Danish Crown, Processing Facility
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
Irish dairy products firm Ornua has announced to invest €10m to expand its Neukirchen-Vluyn, production facility in Germany. The investment is aimed at meeting the growing demand for its Kerrygold products in Germany. The expansion ...
Tags: dairy products, German Facility
DuPont Nutrition & Health has announced to invest $100m to increase its probiotics manufacturing capacity in the US. The specialty food ingredient company expects to increase the production of probiotics by 70% through the new investment. ...
Tags: DuPont, Nutrition&Health
Beer giant Anheuser-Busch has agreed to acquire Texas craft brewer Karbach Brewing for an undisclosed sum. Karbach Brewing, which was established in 2011, produced 17,000 barrels of beer in 2013. Its production capacity reached 40,000 ...
Tags: Anheuser-Busch, Brewing
Flexible packaging converter American Packaging (APC) is planning to build a new $170m manufacturing plant in Monroe County, New York, US. Planned to be built on Beaver Road in the Town of Chili, the facility is scheduled to be ...
Tags: American Packaging, Packaging
Kush Bottles, a supplier of packaging supplies, accessories, and branding solutions for the legal cannabis industry, reported financial results for its fiscal year ended 31 August 2016. Fiscal Year 2016 Financial Highlights Kush Bottles ...
Tags: Kush Bottles, packaging
DSM introduces a new range of freeze-dried cultures for set yogurt formats at Gulfood Manufacturing. The new Delvo® cultures allow for more texture and flavor variations in set yogurts and result in reduced levels of liquid whey over ...
American whiskey producer Beam Suntory has opened a new barrel warehouse in Frankfort, located in the US state of Kentucky. The seven-story building is the first new barrel warehouse in Frankfort since 1968. Spanning over ...
Tags: Beam Suntory, whiskey
North Dakota based Anchor Ingredients has acquired a rail-loading and storage facility in Montana for an undisclosed sum. The new pulse facility acquisition according to Anchor Ingredients is said to increase its sourcing network which ...
As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...
Tags: foreign trade, trade surplus
Apple MacBook Pro 2016 release date, news, rumours, specs and price – everything you need to know Update (26 October 2016): With just a day to go until the expected MacBook Pro 2016 launch, new images of an OLED touch bar have been ...
Tags: MacBook Pro, Apple