Spice manufacturer McCormick & Company has dropped its plan to make further acquisition bid for Premier Foods. The announcement follows three proposals by McCormick for Premier Foods, which were rejected by the latter citing ...
Tags: McCormick, Premier Foods, Acquisition
Amcor will discuss its approach to sustainability and highlight a broad range of innovative packaging solutions at the SustPack 2016 conference planned to be held from 11-13 April at McCormick Place in Chicago. Under its theme of ...
Tags: Amcor, innovative packaging, SustPack
DENSO International America Inc of Southfield, MI, USA (a subsidiary of Japan-based automotive technology, system and component supplier DENSO Corp) has invested in TriLumina Corp of Albuquerque, NM, USA, which manufactures and integrates ...
Flavored beverages producer Dr Pepper Snapple Group (DPS) has purchased an additional stake in BA Sports Nutrition, makers of premium sports drinks line Bodyarmor. The firm has invested an additional $6m to increase its stake from the ...
Tags: Dr Pepper Snapple Group, DPS, BA Sports Nutrition, Bodyarmor
Ford has invested $170m at its Silverton Assembly plant in Pretoria, South Africa to manufacture new Ford Everest and Ford Ranger. The American car-maker says that this investment will create about 1200 jobs in Ford South Africa and in ...
Tags: Ford, Investment, Silverton Assembly Plant, Ford Everest, Ford Ranger
US-based private equity firm Castanea Partners has invested undisclosed sum in Jeni's Splendid Ice Creams, a retailer and wholesaler of branded artisanal ice creams. This investment makes Castanea Partners, the sole outside investor in ...
Tags: Castanea Partners, Investment, Jeni's Splendid Ice Creams, Ice cream
Daimler has begun production of its 9G-TRONIC nine-speed automatic transmission at its Sebes factory in Romania. The production is being handled by its Romanian subsidiary Star Assembly. The German luxury car-maker has invested about ...
Tags: Daimler, Nine-Speed Automatic Transmission, Sebes factory, Romania, BMW
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
To showcase their growing line of UV-protected outdoor rugs and stain-resistant indoor flat weaves, KAS Rugs has recently announced the release of their first Indoor/Outdoor catalog at the upcoming High Point Market. Fashionable, ...
Tags: KAS, KAS Rugs, Indoor/Outdoor catalog, High Point Market
Mercedes-Benz announced that its Breman plant in Germany will be producing the new GLC Coupe which was unveiled at the New York International Auto Show this year. The company said that it will transform 200 temporary jobs into ...
Tags: Mercedes-Benz, GLC Coupe, C-Class Cabriolet
With China's virtual reality (VR) market heating up, China-based VR start-ups have begun to push what they calim to be their unique VR technologies. China-based first-tier Internet service providers Baidu, Alibaba and Tencent have also been ...
Tags: virtual reality, VR market
Greencroft Bottling has invested £3m in filling lines and labelers at its manufacturing facility in County Durham, UK. With the investment, the firm has increased the capacity of the wine and spirit bottling facility by 25%, ...
While Logitech is a major player in the peripheral market, there’s no need for a mouse and keyboard in virtual reality space. Logitech is eyeing the virtual reality market for its next business ploy. The Swiss tech firm teased ...
Tags: Logitech, Virtual reality market
With only three days left on its crowd-funding campaign, social enterprise Thankyou has announced that a donor will match every dollar raised by the public up to the value of $250,000. The Chapter One crowd-funding campaign, which kicked ...
Wilkins Group has increased the turnaround speed of its new foil blocking machine with an investment of £300,000. Developed for fast throughput and, depending upon the amount of foil, the MK 1060 ST has a capacity to run at more ...