US Foods has agreed to acquire California-based meat manufacturer FirstClass Foods for an undisclosed price. Headquartered in Hawthorne, FirstClass Foods has about $55m in annual sales. Since 1962, FirstClass Foods has been delivering ...
Tags: US Foods, FirstClass Foods
This month Apple received a permit to test autonomous vehicles on California roads, which suggested the company was moving forward with its self-driving car plans after months of speculation as to whether the project had been shelved. ...
General Motors (Gm) said it will invest $14m on a new facility in San Francisco for Cruise Automation to accelerate the development of autonomous cars. GM acquired the driverless tech startup last March. The new R&D facility, which is ...
UK packaging distribution firm Kite Packaging Group has started its annual charity donation program giving a total of £7,000 to employee-nominated charities. With seven sites located across the UK, Kite employees from each branch ...
Tags: Kite Packaging, packaging
Belgium firm VPK Packaging Group and German firm Klingele have unveiled plans to further invest in Scandinavian packaging firm, Peterson. Based on existing European collaboration, the firms have decided to invest in Peterson to expand the ...
Tags: VPK Packaging, Packaging
Loews has agreed to acquire US-based rigid plastic packaging manufacturer Consolidated Container Company (CCC) from Bain Capital Private Equity for about $1.2bn. Based in Atlanta of Georgia, CCC offers packaging solutions to stable end ...
Tags: plastic packaging, packaging
2 Sisters Food Group is planning to close its Smethwick poultry processing facility in the West Midlands, which could impact 630 jobs. The ageing poultry factory located at Bevan Way in the Alpha Business Park has considerable challenges ...
Tags: 2 Sisters Food, Smethwick Poultry
Barbequed meats manufacturer Rupari Food Services has agreed to divest almost all of its assets to a subsidiary of Carl Buddig and Company. The sale of the company is a natural next step for Rupari Food Services, who had been seeking a ...
Tags: Rupari Food, meats
Flexible packaging firm ProAmpac has acquired US-based Trinity Packaging for an undisclosed sum. Based in Armonk of New York, Trinity provides flexible packaging solutions to the lawn and garden, food and specialty industrial markets. ...
Tags: Flexible packaging, Packaging
Russian meat and feed producer Cherkizovo has agreed to acquire domestic grain producer Napko for around RUB5bn ($88m). Cherkizovo will also assume the net debt of the grain producer which stood at RUB751m ($13m) as of 31 March 2017. ...
Tags: meat, feed producer
Hubergroup, USA has acquired Alden & Ott Printing Inks Company for an undisclosed sum. The company intends to hold the all employees and management team of the acquired business to support the business, specifically in the Midwest and ...
Tags: Printing Inks, flexo printing
Last year, following a ton of speculation, it emerged Apple may have scaled back its self-driving car ambitions, after many expected it to announce its own autonomous vehicle. A Bloomberg report from October claimed the iPhone maker had ...
Pretium Packaging has acquired Patrick Products, a supplier of packaging and container for the janitorial, automotive, and household chemical market sectors. US-based Patrick is engaged in the manufacturing of rigid blow-molded plastic ...
B&G Products is manufacturing its own unique food pouch for local partners Sirane and TCL Packaging in the retail trade. This is a follow-up to the export trade mission which saw us visit Chicago as part of the Department for ...
Tags: B&G Products, TCL Packaging
China reported growth in both import and export of toys in 2016, which fortified the country's status as a major manufacturer and consumer of toys, a report published Thursday said. Last year, China exported toys valued at 33.7 billion ...
Tags: toy, Light Industry