McCain Foods (Canada) announced a major investment in its Florenceville-Bristol French fry plant that will expand capability and create 40 to 50 new jobs. The company is adding a new production line to meet growing demands for hash brown ...
Tags: McCain Foods, potato products, hash browns
Mitsubishi Motors said that it will book a $480m charge this fiscal year to compensate customers who are affected by its fuel economy manipulation scandal. Chairman Osamu Masuko said that the company will pay a compensation of ¥100000 ...
Tags: Mitsubishi Motors, eK Wagon
Kellogg Company has set up a new venture capital fund to invest in startups that work on new ingredients, foods, packaging, and enabling technology. The venture fund named eighteen94 capital (1894) will make small investments in companies ...
Tags: venture fund, Kellogg Company
Virginia Governor Terry McAuliffe joined government officials, local business leaders, dozens of guests and more than 700 Team Carfax members to celebrate the completion of a major company expansion. With support from the Governor and the ...
Tags: Virginia economy, VEDP
New data from IBISWorld shows the Australian egg farming industry is expected to generate AUD $759.6 million in revenue in 2015-16. According to IBISWorld, in the five years leading up to 2015-16, Australia’s free range egg ...
Tags: egg, farming industry, cage egg
Daimler is planning to invest more than €7bn over the next two years on green powertrain technologies, including a plug-in hybrid electric-hydrogen fuel cell vehicle. The company will invest €14.5bn in research and development ...
Tags: green powertrain technologies, runabout, electric vehicle
Nosco, Inc,a full-service supplier of printed packaging, plans to expand its industry-leading operations by doubling production capabilities for digital printed cartons. The company just announced, in conjunction with HP Indigo, the ...
TI Automotive has officially opened a new fuel tank systems production facility in Baoding, China. The 74,000 square-foot (6,900 square-meter) facility is TI Automotive's third fuel tank production facility within China. The new ...
German luxury vehicles maker Bayerische Motoren Werke (BMW) has broken on a new plant in Mexico. Guests attending the official ceremony in San Luis Potosí included Rogelio Garza Garza, Undersecretary of Industry and Commerce at the ...
Tags: BMW, innovative technologies
Production of the long-wheelbase version of the all new Mercedes-Benz E-Class in China has started. The vehicles are flexibly manufactured at the Chinese joint venture Beijing Benz Automotive Co., Ltd. (BBAC) on the same line as the ...
Inline digital printing company, DataLase has received several orders for solutions at Drupa 2016 More than 2000 visitors stopped by the DataLase stand during the two-week exhibition, helping to generate a significant number of new ...
Konica Minolta has made major advances made into new industrial printing markets such as labels and packaging, as well as numerous sales of digital printing and software services during drupa. Initial results from the trade fair have even ...
Tags: Konica Minolta, KM-1, Label printer
Rigid plastic film solutions provider Klockner Pentaplast Group is planning to invest in new laminated pharmaceutical film capacity at its site in Montabaur, Germany. The decision is a part of the company's effort to expand its ...
Tags: Rigid plastic film, Laminated Film
Food ingredients company Corbion has announced that it would invest in its plant at Dolton, Illinois, to expand production of emulsifiers used in sweet goods. Corbion, a major North American company in emulsifiers for bread, plans to ...
Tags: emulsifiers, sweet goods
Mondelez International has announced that it would invest $15m to open a new global research, development & quality (RDQ) facility in Bielany Wroclawskie, Poland. The company has started the construction of the new site, which is expected ...
Tags: Mondelez International, Milka