US-based sandwich producer AdvancePierre Foods has acquired raw and cooked beef and chicken Philly steak product maker Allied Specialty Foods from Steven Zoll for $60m in cash. However, the transaction amount is subject to certain ...
Tags: AdvancePierre Foods, Allied Specialty Foods, acquisition
Jing Zhang, an engineering faculty member at Rochester Institute of Technology, has received a $305,000 grant from the US National Science Foundation (NSF) to acquire an inductively coupled plasma reactive-ion etching (ICP-RIE) system for ...
Tags: RIT, NSF, ICP-RIE system
Belgium-based in-mold labeling manufacturer Verstraete IML is planning to open a new production site in Clarksville, Tennessee, US in a bid to boost its business. Featuring multiple printing presses and finishing lines, the new site is ...
Diesel engine manufacturer Cummins Inc. introduced a new range heavy-duty power, called the next-generation X Series. With the lineup expanded to three X engines, and ratings extending from 350 hp to 605 hp, this represents the broadest and ...
Tags: Cummins, next-generation X Series
Flint Group has acquired Printec Industries, a manufacturer of water-based inks for flexo and gravure applications in the North American region, for undisclosed amount. Printec is a supplier of inks for high-end paper cups, plates, ...
Tags: Flint Group, Printec Industries, acquisition
Mazda North American Operations (MNAO) has opened the 2017 Mazda MX-5 Miata RF Launch Edition for preorder to the general public. With a majority of the MX-5 Launch Edition cars already spoken for by loyal Mazda owners, a limited supply ...
Scotch whisky distillery The Macallan has added the Macallan Double Cask 12 Years Old to its core range in the US. The distinctive new whisky marks the first time the distillery has used American Oak Sherry-seasoned casks as the most ...
Tags: The Macallan, Macallan Double Cask 12 Years Old, core range
German luxury car-maker Audi is expanding its production footprint worldwide by opening a new automobile plant in San José Chiapa, state of Puebla, Mexico. The plant has an annual production capacity of approximately 150,000 ...
Tags: Audi, automobile plant
The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...
Tags: Continental Corporation, acquisition, technology expertise
International Flavors & Fragrances announced that it has successfully completed the previously announced acquisition of David Michael & Company. Founded in 1896, David Michael is headquartered in Philadelphia, US. The Company is ...
Tags: International Flavors&Fragrances, David Michael&Company
American confectionary giant Mars has unveiled plans to combine merge chocolate and wrigley segments to form a new company aimed at unifying its chocolate and candy business. Named as Mars Wrigley Confectionery, the new company will help ...
Tags: Mars, chocolate and wrigley segments, merger
Atlantic Natural Foods, a subsidiary of investment group AFT Holdings, has completed the acquisition of Loma Linda Foods and the licensing rights to Worthington Foods brands of vegetarian foods from Kellogg. The acquisition was completed ...
Sports nutrition products provider Optimum Nutrition (ON) has launched new OPTI-BAR. The new assortment of great-tasting protein bars is a convenient, portable source of high quality protein, with three to five grams of sugar. "Over ...
Tags: OPTI-BAR, Optimum Nutrition
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Bazooka Candy Brands, a division of New York based The Topps Company, has introduced a sugar free gum product, expanding its innovations in the confectionery space. The new product, Bazooka Sugar Free Gum, has been rolled out across ...