Samsung Electronics has agreed to acquire US auto parts manufacturer Harman International Industries for about $8bn, in a bid to accelerate growth in automotive and connected technologies. The deal will give Samsung a significant presence ...
Tags: Samsung, Auto Parts
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Irish food company Greencore Group has announced the proposed acquisition of Peacock Foods for $747.5m to expand its presence in the US. The US based Peacock Foods is headquartered in Geneva, Illinois and is into producing frozen ...
Tags: Greencore, Peacock Foods
Brooklyn Brewery is planning to construct a $80m craft beer plant at the Stewart Industrial Park near Newburgh, Orange County, US. Commissioners of the Port Authority are expected to give their final approval for a 60 year lease of 18.9 ...
Tags: Brooklyn Brewery, Craft Beer
Food products developer Calyxt is generating healthier high-oleic low-linolenic soybean variety with increased oxidative stability and improved shelf life. The company published a study in BMC Plant Biology describing the use of genome ...
Tags: Calyxt, low-linolenic soybean
Since it launched last year, Heroes of the Storm has become one of the most popular MOBAs in the world. Its success can be put down, in part, to how the game pulls its playable characters from all four of Blizzard’s main franchises. ...
Tags: Heroes of The Storm, Blizzard
Silicon-based solar cells dominates today’s solar energy industry, while this technology has difficulty in bringing the conversion efficiency beyond 23% for commercialized solar cells in mass production. In order to break the ...
Tags: Solar Cell, solar energy
Paper packaging manufacturer Linpac, in collaboration with print partner Parkside Flexibles, has developed a variety of designs for its Rfresh Evolve rigid Vacuum Skin Packaging (VSP) trays to enhance shelf appeal. Manufactured from up to ...
Tags: Paper packaging, VSP Trays
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
The Australian Competition and Consumer Commission (ACCC) will launch an inquiry to look into competition and fair trading aspects in the dairy industry. Its dairy industry inquiry will investigate competition among milk processors, ...
Tags: Dairy Industry, Watchdog
Apple’s new MacBook Pro models may have been controversial, but we can all agree that the Touch Bar is pretty cool. The good news is that two enterprising developers have created a Touch Bar version that will work on your iMac and ...
Tags: Apple, MacBook Pro
Kirin Holdings has agreed to divest one of its Brazilian production facilities to AmBev. Brasil Kirin Holdings has signed a stock purchase agreement to sell unit Cachoeiras de Macacu Bebidas. The company is selling a stake of 11,415,000 ...
Toyota Motor will set up a mobility services platform (MSPF) to collaborate with several service providers, as well as telematics insurance. Based on the proliferation and popularity of mobility services, like car-sharing; the MSPF will ...
Essentra, a global provider of specialist packaging and authentication solutions to the pharmaceutical and beauty industries, is set to highlight some of its packaging and design innovations at the Pharma and Pack EXPO conferences in ...
Tags: Essentra, Serialisation Products
Chocolate and cocoa products maker Barry Callebaut is expanding production capacity at its American Canyon facility with $20m investment. The facility expansion is in direct response to the increase in demand for chocolate in the American ...
Tags: Production Capacity, Canyon