American branded food giant Hormel Foods has purchased Italian meats company Fontanini Italian Meats and Sausages from Capitol Wholesale Meats for $425m. Based in Chicago, Fontanini is a branded foodservice business which was established ...
Tags: Hormel Foods, Meats
Fiat Chrysler Automobiles (FCA) has denied reports that it received a formal bid from the Chinese automaker Great Wall Motors (GWM) with respect to sale of its Jeep brand. FCA said that it will stick to its 2014-18 growth plan and has ...
Tags: Great Wall Motors, Chrysler
Great Point Partners (GPP) portfolio firm Softbox Systems has acquired Spain-based Tempack Packaging Solutions for an undisclosed sum. Based in Barcelona, Tempack is engaged in the development and manufacturing packaging solutions for the ...
Tags: Softbox Systems, Tempack Packaging
Oliver Printing & Packaging, a portfolio company of Pfingsten, has acquired folding cartons, micro-fluted corrugated boxes and setup boxes manufacturer Pohlig Packaging for an undisclosed sum. Under the transaction, which closed on 14 ...
Tags: Oliver Printing, Packaging
American food giant Tyson Foods will invest $84m to expand its poultry plant in Tennessee, a move that will double its output capabilities and create over 300 jobs. The expansion project in Union City in Obion County which will begin this ...
Tags: Tyson Foods, chicken
Packaging solutions provider Parkside has partnered with Australian firm PA Packaging Solutions and US-based The Platinum Packaging Group, in a bid to expand its business operations. Under the deal, both firms will market Parkside’s ...
Tags: Packaging, Platinum Packaging
US-based packaging and bottling line systems manufacturer Krones is investing in a new training and technology center in southeastern Wisconsin, US. The 40,000ft² facility, which will serve the company’s customers and ...
Tags: Krones, packaging, bottling line systems
Independent commercial vehicle dealer IH Mobility, commonly known as Imperial in the UK, has acquired Pentagon Motor Group. Imperial is the largest independent Commercial Vehicle (CV) dealer group in the UK with a well-established network ...
Tags: Commercial Vehicle, CV
In the ever-growing LED market, automotive LEDs are witnessing a rapid development. This is driven by various regulations enforced by governments around the world for fuel-efficient gasoline vehicles. In addition, manufacturers of hybrid ...
Tags: LED market, LED headlights
Q.I. Press Controls (QIPC) is set to showcase Intelligent Bar Sensor – 100 (IBS-100) system at this year’s LabelExpo Europe event in Belgium. The event will take place from 25 to 28 September. IBS-100 is a product resulted ...
Tags: Q.I.Press, IBS-100 System
For second-quarter 2017, POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical ...
Tags: POET Technologies, sensors
Luna Innovations Inc of Roanoke, VA, USA (which makes high-speed optoelectronics and fiber-optic test products for the telecoms industry and distributed fiber-optic sensing for the aerospace & defense and automotive industries) has agreed ...
Tags: Optical Receivers, optoelectronics
PET film demand in the packaging market is forecast to expand 2.4% annually to 322 million pounds in 2021, faster than any of the major packaging film resins. Growth will be driven by rising barrier requirements, particularly in food ...
Tags: PET film, packaging market
Arla is launching a line of co-branded milk bottles together with fast food restaurant chain McDonald’s. The new product will have a maximum capacity of 250ml and will be available across 1,270 UK McDonald’s restaurants. ...
Tags: Meal Milk Bottles, milk bottles
Impossible Foods says that it has passed important milestones for food safety, including a unanimous expert-panel affirmation of the safety of a key ingredient used in its products. A panel of food safety and allergy experts at three ...
Tags: Impossible Foods, food safety