J. C. Penney Company, Inc. announced that Stephen I. Sadove, a highly respected leader and innovator in the retail industry, has been elected to its Board of Directors. Sadove is currently chairman and chief executive officer of Saks ...
Tags: Retail Industry, JCPenney BoD
B&G Foods has acquired snack brand Rickland Orchards, a Greek yogurt coated granola bars and bites producer, from Natural Instincts for $57.5m. This development marks B&G Foods' fourth acquisition since October 2012. Rickland Orchards ...
Tags: B&G Foods, snack Food
Liberty Mutual Insurance has awarded two Utility Trailer Manufacturing Company plants with safety awards. Utility Trailer Manufacturing Company, the largest manufacturer of refrigerated trailers, saw its Paragould Arkansas and Clearfield, ...
Tags: Transportation, bike
Cascade Microtech Inc of Beaverton, OR, USA, which provides equipment enabling precision contact, electrical measurement and test of wafers, ICs, IC packages, circuit boards and modules as well as MEMS, 3D TSV and LED devices, has acquired ...
Tags: Cascade Microtech, Electronics
The announcement of the sale which takes effect from today [1 October] was made jointly in Cincinnati, Ohio where Multi-Color Corporation has its world headquarters and in Glasgow. The current chairman John Watson has been with the ...
San Francisco-based private equity investment firm Hellman & Friedman has acquired Chicago-based insurance brokerage firm, Hub International, from Apax Partners, in a transaction worth approximately $4.4bn. Commenting on the transaction, ...
Tags: insurance, investment funds
Pork Farms owner Vision Capital is fishing for prospective buyers for the chilled savoury pastry manufacturer, FoodManufacture.co.uk can exclusively reveal. Pork Farms makes chilled savoury pastry products The private equity firm, with ...
Tags: Agriculture, Food, Pork
In the past 20 years, the world has become significantly more complex, more unsettled and less predictable. The American military coined the acronym VUCA to describe this trend: "volatile", "uncertain", "complex" and "ambiguous". In this ...
TMI International, LLC, a Pittsburgh, Pa.-based, leading international supplier of workplace environmental management systems and other PVC-based products, announced today that they have acquired the assets of Simplex Isolation Systems. ...
Piramal Glass Ceylon is steadily moving towards realizing its vision of being the most preferred specialty glass packaging solutions provider in Asia by meeting customer expectation through innovative designs and manufacturing, said Sanjay ...
Tags: Construction, Decoration
TransForce has submitted a proposal to Vitran's board of directors to acquire any outstanding shares of Vitran they don't already own for USD $4.50 per share in cash. TransForce said they made the proposal with the intention of "entering ...
Tags: Transportation, Auto Parts
Essential Cuisine, an England-based supplier of stocks and sauces to the catering industry, has established a new manufacturing facility in Winsford, Cheshire, to bring all its production in-house. The 16,000ft2 facility will allow the ...
Tags: Essential Cuisine
Lakeland Industries, Inc. a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and first responders on the federal, state and local levels, announced the hiring of new management for ...
Industry analysts seem to agree that TransForce's offer to buy Vitran's Canadian operations for US$4.50 per share would be a good deal for Canada's largest LTL carrier. Walter Spracklin, analyst with RBC Capital Markets, said the deal ...
Tags: Transportation, Auto, Car
TransForce has made a bid for Vitran, proposing a takeover at $4.50 per share. TransForce already controls 9.51% of the outstanding shares of Vitran. Vitran recently sold its US LTL division to the Moroun family in Detroit, which also ...
Tags: Transportation, Auto Parts