Ausnutria Dairy has formed a joint venture with New Zealand based Westland to produce and sell dairy based powder products, including infant milk powder. Through the joint venture named Pure Nutrition, the companies will set up a new ...
Tags: Ausnutria Dairy, Westland, dairy based powder products
Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...
Tags: Tyson Foods, investment, expansion
Chinese telecom equipment giant Huawei Saturday launched an Innovation and Experience (I&E) center in Lagos, Nigeria's economic hub with an investment of six million U.S. dollars. The center, being the first in West Africa, is set up to ...
Tags: Huawei, Consumer Electronics
The Chinese government will further streamline approval procedures for foreign investment across the country to better attract overseas investment and improve China's business environment. A new legislative guideline was approved during ...
Tags: Ease Rules, China, Foreign Investors
The global power amplifier market will increase at a compound annual growth rate (CAGR) of nearly 14% from 2016-2020, according to a report from Technavio that provides an analysis of the most important trends expected to impact the market. ...
Tags: power amplifier, CAGR
Hearthside Food Solutions has commenced operations at its nutrition bar facility in Boise, Idaho, expanding its bar production capacity in the US. The facility takes the number of bar plants operated by Hearthside to nine in the US and ...
Canada-based organic cereal company Nature's Path has acquired 51% stake in US snack-maker Gorilly Goods for undisclosed sum. Based in Jackson, Wisconsin, Gorilly Goods offers a range of savory to sweet organic and non-GMO nuts, fruits, ...
Tags: Nature's Path, Gorilly Goods, acqusition
Drinks giant William Grant & Sons has reported an 8.9% increase in profits after tax for fiscal year 2015, reaching a record high of £147.4m. The company posted a profit of £135.3m in 2014. A planned reduction in third-party ...
Tags: William Grant&Sons, fiscal report
Duke Food Productions has acquired a new 110,000ft2 manufacturing facility in Texas, marking its first expansion outside its home state of South Carolina. Over the next five years, the food manufacturer expects to invest $10m in the plant ...
Tags: Duke, expansion, investment
The value of the infrared (IR) LED market worldwide continues to grow due to rising demand in various applications markets, according to the 2016~2021 Global LED Industry Demand and Supply Database Report by LEDinside, a division of ...
Tags: IR LED, LED Market
Apple’s dedication to clean and renewable energy extends to suppliers around the world. Apple today joined global renewable energy initiative RE100, reaffirming its commitment to reaching 100 percent renewable energy worldwide and ...
Tags: RE100, clean energy
Algaia, following its declaration of intent last week to acquire Cargill’s Alginate business, announces the name of its new investor. Upon closing, Algaia will welcome Maabarot Products in its shareholding structure. Maabarot, a ...
Tags: Algaia, Cargill, Alginate business
The conference on technologies and equipment for global energy interconnection was held in Berlin from December 10 to 11, 2015 local time. This conference was co-hosted by State Grid Corporation of China or SGCC, and German Electrical and ...
ExxonMobil announced today that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the ...
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results