French dairy processing company Saputo is planning to close three manufacturing facilities in Canada located in Sydney (Nova Scotia), Princeville (Québec) and Ottawa (Ontario). The plant closures are expected to take place in ...
Tags: Saputo, Manufacturing Plants
United Natural Foods has reported financial results for the second fiscal quarter and six months ended January 30, 2016. The Company also announced today that it has acquired certain assets of Global Organic/Specialty Source, Inc. and ...
Ball Corporation, supplier of sustainable packaging solutions, has announced its plan to close its flat sheet production and can end-making plant in Weirton, West Virginia, the US. The decision to shout down production by the first ...
General Mills will close its pastry manufacturing facility in Berwick, UK by autumn of 2016. In this regard, the company has completed collective consultation process with employee representatives and union officials in order to arrive at ...
Tags: General Mills, Pastry
Operating income at US based apparel marketer J.Crew Group crashed to $2.6 million in the second fiscal quarter ended August 1, 2015, massively down from $36.0 million in the prior fiscal second quarter. “Operating income in the ...
Tags: J.Crew Group, apparel
MGP Ingredients has reported results for the second quarter period ended June 30, 2015. "We continue to be very pleased with our results through the first half of 2015 as we aggressively implement our strategic plan," said Gus Griffin, ...
Ball Corporation will close its beverage packaging end-making plant in Bristol, Virginia, next year. Opened in 1971, the Bristol plant is one of the oldest North American beverage packaging units of the company. It makes can ends in a ...
The latest report on working conditions in Cambodia’s garment factories, compiled by the International Labour Organization’s Better Factories Cambodia Programme (ILO-BFC), has found a slight improvement in factories’ ...
Tags: garment manufacture, BFC, footwear, apparel, clothing
For its fiscal second-quarter 2015 (to end-March), Emcore Corp of Alhambra, CA, USA (which provides compound semiconductor-based components, subsystems and systems for the broadband and specialty fiber-optics market) has reported revenue of ...
Tags: fiber-optics, Emcore
Cereal maker Post Holdings is planning to consolidate its ready-to-eat cereal business with MOM Brands, a move that will put around 200 jobs at risk. The new business, Post Consumer Brands, will be moved to Minnesota. The company will ...
Tags: Post Holdings, Cereal
An independent investigation, overseen by NuVasive’s board, found Alex Lukianov had not complied with certain company expense reimbursement and personnel policies. NuVasive’s CEO has resigned from the company after an ...
Net sales for the fourth quarter ended December 31, 2014 at NYSE listed clothing distributor and retailer, American Apparel, Inc were down 9 per cent year over year. Net sales for the fourth quarter of 2014 declined 9 per cent from the ...
Tags: American Apparel, clothing
Canada Bread, a manufacturer and distributor of fresh bakery products, is set to shut down its bakery in Halifax, Nova Scotia, in November. The company will gradually phase out operations from as early as June, and will consolidate ...
Tags: Canada Bread, Villaggio, Food
For the fourth quarter and fiscal year ended January 31, 2015, net sales at New York & Company, a specialty apparel chain with 504 retail stores slipped marginally year over year. In a press release, New York & Company said net sales ...
Tags: specialty apparel, apparel
General Motors has announced the exit of its Opel brand from Russia market by December 2015 as well as planned an overhaul of its entire business model in the country. Apart from taking off its Opel brand, the company will also minimize ...
Tags: Motor, Business Model, Auto Parts