Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Toyota has started the production of C-HR crossover at its manufacturing plant in Sakarya, Turkey. The Toyota C-HR became the eighth model currently produced in Europe and enters the C-segment with a fresh new take on the crossover. The ...
Tags: C-HR Crossover, Toyota
Irish food company Greencore Group has announced the proposed acquisition of Peacock Foods for $747.5m to expand its presence in the US. The US based Peacock Foods is headquartered in Geneva, Illinois and is into producing frozen ...
Tags: Greencore, Peacock Foods
Brooklyn Brewery is planning to construct a $80m craft beer plant at the Stewart Industrial Park near Newburgh, Orange County, US. Commissioners of the Port Authority are expected to give their final approval for a 60 year lease of 18.9 ...
Tags: Brooklyn Brewery, Craft Beer
Audi has developed a growth plan for its joint business with First Automobile Works (FAW) Group for the coming 10 years with eyes on sustainable growth in the brand's largest global market. The partners will intensify their cooperation in ...
Tags: Audi, FAW-Volkswagen, SUV
United Natural Foods (UNFI) announced that its president and CEO Steven Spinner, was appointed chairman of UNFI’s Board of Directors, effective following the Company’s Annual Meeting of Stockholders in December 2016. Mr. ...
Tags: United Natural Foods, Spinner
US-based Berlin Packaging has closed the acquisition an Italian company Bruni Glass to expand its presence in European glass markets. The combined company is expected to have annual sales in excess of $1.2bn by the end of 2016 and a ...
Tags: Berlin Packaging, Bruni Glass
Honda has announced $53m investment in Central Ohio facilities to strengthen North American operations. The 38,000 square foot Ohio Data Center will join a similar facility near Denver, Colorado, in housing key information technologies ...
Tags: Honda, Facilities
Polymer Logistics, a retail ready packaging company, has launched a 75,000ft2 logistics and distribution center in Porter County, Indiana, US. Located at 6750 Daniel Burnham Dr., Portage IN, the new facility will create more than 40 new ...
Tags: Polymer Logistics, Polymer
Since it launched last year, Heroes of the Storm has become one of the most popular MOBAs in the world. Its success can be put down, in part, to how the game pulls its playable characters from all four of Blizzard’s main franchises. ...
Tags: Heroes of The Storm, Blizzard
Apple CEO Tim Cook has urged staff to ‘move forward together’ following the election of Donald Trump, a man who attempted to spark an Apple boycott (while tweeting from an iPhone, early in the campaign). In an email to ...
Nintendo has confirmed it is to end production of the Wii U console in Japan. Since the announcement of the Nintendo Switch last month, reports have suggested the last Wii U would soon leave from the production line for good. After last ...
One of the major hurdles to high-end VR adoption has been the stifling requirement need for a specced-out personal computer. At the Oculus Connect conference last month, the Facebook-owned firm announced an update that would lower the ...
Tags: Oculus Rift, VR
Food distribution giant US Foods will implement a real-time load tracking platform from FourKites for advanced logistics operations. The refrigerated food supply chain company evaluated various players before opting for Chicago based ...
Beer giant Anheuser-Busch has agreed to acquire Texas craft brewer Karbach Brewing for an undisclosed sum. Karbach Brewing, which was established in 2011, produced 17,000 barrels of beer in 2013. Its production capacity reached 40,000 ...
Tags: Anheuser-Busch, Brewing