Samsung Electronics has agreed to acquire US auto parts manufacturer Harman International Industries for about $8bn, in a bid to accelerate growth in automotive and connected technologies. The deal will give Samsung a significant presence ...
Tags: Samsung, Auto Parts
New York based New Mill Capital Holdings and Tiger Capital Group, through their joint venture, have acquired a manufacturing plant in Indiana operated by General Mills. However, the financial details to purchase the dough-products ...
Dean Foods has partnered with an independent farmer cooperative CROPP to set up a joint venture to strengthen Organic Valley milk brand. Through Dean Foods' processing plants and refrigerated direct store delivery (DSD) distribution ...
Tags: Dean Foods, Organic Valley Milk
Niagara based Vineland Growers Co-operative has opened doors of a newly expanded warehouse and storage distribution centre in Canada. Located at Virgil, the facility has been expanded to 30,000sqft and features a dozen new shipping bays ...
Tags: Fruit Storage Facility, storage
US-based Agr International has announced the commercial launch of its camera-based measurement system which is claimed to save energy and improve bottle performance. Dubbed as CrystalView, the measurement system assists PET bottle ...
Tags: Pet Bottle, Agr International
Creekstone Farms Premium Beef has formed a joint venture with California-based beef producer Pasture One to expand its product line. The joint venture which features a production and sales relationship between the companies will help ...
Tags: Creekstone, Beef
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
Print and marketing services provider Quad/Graphics has expanded the operations of its Dallas facility in the US. The company has announced a multi-million-dollar investment at the facility to expand its services to the next generation ...
Tags: Quad/Graphics, Print
Polaris Industries has completed the acquisition of TransAmerican Auto Parts (TAP), a manufacturer, distributor and retailer of off-road jeep and truck after market accessories for $665m. Polaris expects the TAP acquisition to contribute ...
Tags: Polaris, Auto Parts
Long Island Iced Tea has announced that its beverages will now be available for the first time in Central America through a new partnership in Honduras with Great American Beverage Company and for the first time in Bermuda through a new ...
Axalta Coating Systems will build a new manufacturing plant in Nanjing, China, where high-performance automobile, commercial vehicle and industrial coatings will be produced. The facility will be built on more than 170,000 m2 of land ...
Tags: Axalta Coating Systems, Coating
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
Australia’s Nutrano Produce Group has entered into an agreement to acquire Seven Fields and Abbotsleigh Group businesses to strengthen its position in the fresh produce sector. However, the financial details of the transaction were ...
Tags: Fruit Producers, Nutrano Produce
Minnesota based Hormel Foods has launched a virtual reality powered platform for customers to explore and purchase Black Label bacon. Named as ‘The Black Market’, the new platform is said to provide a multisensory bacon ...
Tags: Hormel Foods, bacon
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