UK’s fresh prepared foods manufacturer Bakkavor Group has agreed to sell its Belgian fresh prepared food business, Vaco, to Culinor Food Group for undisclosed sum. The sale is part of Bakkavor's restructuring strategy to focus on ...
Tags: Bakkavor, fresh prepared foods
Taiwan may have been gradually walking out of months-long economic recession for the time being, as the economic monitoring indicator regularly issued by Cabinet-level National Development Council (NDC) flashed a transitional yellow-blue ...
Tags: economic recession, yellow-blue light, NDC
Finnish meat processor Atria has announced that it would invest €14m to improve operations at poultry firm Lagerberg which was recently acquired by it. The company will make investments over the next three years to improve the entire ...
Tags: Lagerberg, chicken rearing
General Motors (GM) is investing $290m in its Corvette plant in Bowling Green, Kentucky, US to carry out upgrades at the facility. The investment will modify the faciliity's vehicle assembly operations with new technologies and processes. ...
Tags: General Motors, KBI, faciliity's vehicle
Leekes Department Stores achieved growth in its financial year to 31st March, its owner achieving a £2m improvement in profitability with EBITDA profits exceeding £6m. Leekes Retail achieved 12% LFL growth in turnover up to ...
Tags: Leekes Department Stores, housing market, furnishings business
Canada-based poultry and pork products manufacturer Olymel is planning to invest over $25m to expand its hog slaughterhouse and butchering facility at St-Esprit in the Lanaudière region. Upon completion, the expanded facility is ...
Tags: Olymel, poultry and pork products
Phoenix Color, a unit of ALJ Regional Holdings, has signed an agreement to acquire Color Optics packaging business from AKI, which operates under the Arcade Beauty name. Color Optics is a provider of printing and packaging solutions for ...
Tags: Phoenix Color, AKI
For fiscal fourth-quarter 2016 (ended 1 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $318.8m, down slightly on $320m a year ago but up 3.1% on $309.2m last ...
Tags: Finisar Corp, datacom product
Kellogg Company has set up a new venture capital fund to invest in startups that work on new ingredients, foods, packaging, and enabling technology. The venture fund named eighteen94 capital (1894) will make small investments in companies ...
Tags: venture fund, Kellogg Company
Virginia Governor Terry McAuliffe joined government officials, local business leaders, dozens of guests and more than 700 Team Carfax members to celebrate the completion of a major company expansion. With support from the Governor and the ...
Tags: Virginia economy, VEDP
Computer Sciences Corporation (CSC) announced a new usage-based insurance (UBI) and telematics insurance product that can help insurers price new products based on driving behaviors. The new UBI offering incorporates digital claims, ...
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
McLaren Packaging, which operates from four sites across Scotland has completed a significant investment in its manufacturing capabilities. The company has just finalised a £350k investment in its Stirling-based operation Blue Box ...
Tags: McLaren Packaging, Blue Box Design
Over 40,000 industry professionals and visitors from 177 different countries of the world were present at COMPUTEX 2016 during its five-day run(photo courtesy of TAITRA).Retaining its global reputation as a great marketplace of tech ...
Tags: COMPUTEX 2016, ICT trade
Building on the new commitments to the Global Lighting Challenge announced in early June during the Clean Energy Ministerial, the US Department of Energy (DOE) is announcing funding for nine research and development projects that will ...