Antarctica Advisors, the Seafood Industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International ("OCI") in the CAD 240m ($177.6m) refinancing of its credit facilities with a syndicate of Canadian and ...
Tags: Antarctica, OCI
UK food producer Cranswick has acquired Northern Irish pork processing business Dunbia Ballymena for an undisclosed amount. Cranswick purchased the entire issued capital of Dunbia Ballymena’s pork business for cash. Dunbia ...
Tags: Cranswick, food producer
Quality Custom Distribution (QCD) has announced the purchase of the assets of Mile Hi Specialty Foods to form QCD Rocky Mountain. The new business includes distribution centers in Denver, Colorado, Kansas City, Missouri, and satellite ...
Tags: Quality Custom, Specialty Foods
Toyota announced it will increase Tacoma's production by more than 60,000 trucks annually at its Baja California, Mexico facility in 2018. The increased volume will add approximately 400 jobs and inject about $150 million in new investment. ...
Graphic Packaging, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for third quarter 2016 of $57.8 m, or $0.18 per share, based upon 320.4 million weighted average diluted shares. ...
Tags: Graphic Packaging, Packaging
Mercedes-Benz said it will manufacture the first production model of the new EQ product brand at its Bremen plant in Germany by the end of 2020. The production model will depend on the EQ show car – an electric vehicle with the ...
Tags: Mercedes-Benz, Electric Car
Finnish packaging firm Huhtamaki is planning to establish three new manufacturing units in a bid to boost its flexible packaging business. One of the three facilities is planned to be built in Cairo, Egypt while the other two units in ...
Tags: Huhtamaki, Flexible Packaging
Silgan, a supplier of rigid packaging for shelf-stable food and other consumer goods products, reported third quarter 2016 net income of $69.8 million, or $1.15 per diluted share, as compared to third quarter 2015 net income of $70.3 ...
Pro Mach’s subsidiary KLEENLine is set to exhibit its new its automated case and bagger loading system at Pack Expo 2016 in the US. The event will take place from 6 to 9 November in Chicago, Illinois. The system has been developed ...
FCA US will be investing $10.4m in a new Mopar parts distribution center located at Romulus, Michigan, US. The new facility will encompass 500,000 square feet and more than 100 workers. Preliminary construction work has already begun on ...
Tags: FCA US, Mopar parts
Corrugated packaging company Smurfit Kappa is exhibiting a range of packaging solutions for wine at SITEVINITECH tradeshow in Argentina. The event is taking place from 27 to 29 October in Mendoza. Smurfit Kappa is showcasing Bag-in-Box ...
Tags: Wine Packaging, Smurfit Kappa
According a new report from Smithers Pira, corrugated board packaging market to reach $269bn in 2021, though the annual growth rate is expected to decrease to 3.6%. Growth in demand for corrugated board packaging is showing signs of a ...
Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
French biotech company Deinove will collaborate with Processium to develop carotenoid separation and purification techniques at an industrial scale. Assisted by the French based engineering consultant, Deinove will produce and distribute ...
Tags: Deinove, Carotenoid Ingredient
Archer Daniels Midland Company (ADM) and Wilmar International have launched Olenex as full-function joint-venture to offer integrated capabilities in refined vegetable oils and fats. The companies have completed the transition of Olenex ...
Tags: ADM, Wilmar International, vegetable oils