KeyImpact Sales & Systems, a foodservice sales and marketing agency in the US, has announced the acquisition of Premium Packaging Group (PPG), a foodservice packaging and supply sales agency. This acquisition is the third by KeyImpact in ...
Tags: Keyimpact, Premium Packaging
Unilever has agreed to acquire Brazilian natural and organic food business Mae Terra for an undisclosed price to boost its food portfolio. The consumer goods giant expects the acquisition of the Brazilian food manufacturer to accelerate ...
Tags: Unilever, Organic Food
US global private equity firm, The Riverside Company, has agreed to acquire Texas-based food ingredients company Parker Products for an undisclosed price. Parker Products serves the baking, dairy, beverage, confectionery, RTE and snack, ...
Tags: Riverside, Food Ingredients, Parker Products
Self-adhesive label materials manufacturer UPM Raflatac said that it will open a new slitting and distribution terminal in Santiago, Chile in early 2018. This new terminal will allow UPM Raflatac to improve its service capabilities and ...
Tags: UPM Raflatac, film products
Market insiders noted that TSMC (Taiwan Semiconductor Manufacturing Co.), the world's largest semiconductor foundry headquartered in Taiwan, will see a strong revenue performance as the firm won massive orders from multinational ...
Tags: TSMC, semiconductor
French automaker Groupe PSA has chosen Seattle for the launch of its new mobility platform Free2Move, a smartphone-based mobility aggregation platform to meet changing customer demands. With the app, Free2Move allows users in Seattle to ...
Tags: Groupe PSA, smartphone
US Representative Frank A. LoBiondo said that the Cumberland County Improvement Authority (CCIA) has been awarded a $2.5m grant from the US Economic Development Administration (EDA) to build a Food Industry Commercialization Center near the ...
Tags: LoBiondo, Food Industry
Automakers Toyota and Mazda and auto components supplier Denso have signed a joint technology development contract for electric vehicles. The new company has been named EV C.A. Spirit Corporation to efficiently implement joint ...
Tags: Toyota, Mazda, Electric Vehicles
Sustainable packaging solutions provider Ball has announced plans to stop the production of food cans at its packaging facility in Arkansas, US. The company intends to cease food can production at its tinplate food and aerosol packaging ...
Tags: Food Can, Sustainable packaging
Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has confirmed revenue of €12.5m for first-half 2017, up 80% on €7m in first-half 2016 (and ...
Philips Photonics of Ulm, Germany - which provides vertical-cavity surface-emitting laser (VCSEL) technology for datacom, consumer and industrial applications - has completed ‘VIDaP’ (VCSEL Pilot Line for Illumination, Datacom ...
Hong Kong-based pork supplying giant WH Group said that its subsidiary Smithfield Foods will acquire 100% stake of two Romanian packaged meats manufacturers Elit and Vericom for an undisclosed price. The acquisition will further expand ...
Tags: Smithfield Foods, Packaged Meats
Volvo Cars said it will build its next generation of the XC90 large premium SUV in its new manufacturing facility in Charleston, South Carolina, US, from 2021. The move takes the company's total investment in its US manufacturing ...
Tags: Volvo, Volvo Cars
Agribusiness giant Cargill has agreed to merge its fresh chicken business in the UK with Faccenda Foods’ fresh chicken, turkey and duck operations to create a new food firm. The parties will establish a fresh poultry joint venture ...
Tags: Cargill, Faccenda Foods
Honda Foundation (a public-interest incorporated foundation created by Honda Motor Co Ltd’s founder Soichiro Honda and his younger brother Benjiro Honda) says that the Honda Prize 2017 will be awarded to Kyoto University professor ...
Tags: Power Devices