Revel Spirits is introducing both its brand, REVEL, and a new category of distilled liquor, Avila, made from 100% blue weber agave. Avila is also made from 100% blue weber agave—the same plant base as tequila—but grown in the ...
Tags: Revel Spirits, Distilled Liquor
Global smartphone shipments fell by 2.4% year-on-year from 253.8 million units to 345.4 million units in first-quarter 2018, according to a report by the Strategy Analytics Wireless Smartphone Strategies (WSS) service. “The global ...
Tags: Smartphone shipments
Tyson Ventures, the venture capital unit of Tyson Foods, has co-lead a $2.2m seed investment in Future Meat Technologies. Based in Jerusalem, Future Meat Technologies is a food tech company that is engaged in non-GMO production of ...
Tags: Tyson Foods, Meat
Personal care giant Procter & Gamble (P&G) has announced new sustainability goals for 2030, which include 100% recyclable or reusable packaging. PG announced it has achieved many of its 2020 environmental sustainability goals, has plans ...
Tags: Recyclable Packaging, Packaging
Volvo Cars has unveiled the S90 Ambience Concept, a car that connects with user's senses. The company cliams that the industry-first sensory experience will synchronize visuals, sound and scent to redefine in-car luxury. The S90 ...
Tags: Volvo Cars, Cars
OFD Foods, a supplier of freeze-dried food for the US Military, has started construction on a $25m, nearly 50,000ft2 facility in the Town of Henrietta, Monroe County in New York State. The facility, which will be operating by the end of ...
Tags: OFD Foods, dried food
Confectionery giant Mondelēz International has opened a new $90m biscuit manufacturing plant in Bahrain. The new 250,000m2 plant will manufacture the confectionery and snacking firm’s power brands that include Oreo cookies and ...
A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
Constantia Flexibles Group has commissioned its first machine for digital printing for exclusive use in the pharmaceutical industry. The multi-color UV inkjet printer has been installed at the company's Constantia Fromm in Remshalden near ...
TCGRx, a provider of pharmacy packaging and automation solutions, has acquired ARxIUM’s Panasonic FastPak EXP and FastPak 71 pouch packaging business line. The acquisition will help TCGRx to provide enhanced services to the hospital ...
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
Pairwise Plants has closed a $25m Series A funding round co-led by Deerfield Management and Monsanto Growth Ventures (MGV), the venture capital arm of Monsanto to accelerate crop innovation. Pairwise is an agricultural company focused on ...
French automaker Groupe PSA will build Peugeot and Opel vehicles in Walvis Bay, Namibia, in 2018. Groupe PSA and Namibia Development Corporation (NDC) have signed a joint-venture agreement to start the assembly plant. The vehicle ...
Tags: Groupe PSA, Opel vehicles
RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...
Tags: plastic packaging
Automakers Mazda and Toyota have established a new joint venture company to oversee the construction of a $1.6bn auto manufacturing plant in Alabama, US. The new JV firm, dubbed Mazda Toyota Manufacturing, U.S.A. (MTMUS), will shortly ...