Warren Buffett is ready to go all in on solar and wind regardless of what happens with federal subsidies. The investor guru and chairman of Berkshire Hathaway said the company will spend $15 billion on renewable energy in the United ...
Tags: Wind Power, Metallurgy, Mineral, Energy
UK-based herbs and spices supplier The Bart Ingredients has acquired Berkshire-based OTP Foods, expanding its presence into the wet ingredients segment. For the transaction, the company was backed by Santander Corporate & Commercial. The ...
Tags: Agriculture, Food, herbs, Chemical
Heinz has seen a lot of press lately following its acquisition in 2013 by Berkshire Hathaway and 3G Capital for $US28 billion – the largest food company acquisition to date. With Warren Buffet as an investor, it's likely the press ...
Barbara Weiss Architects (BWA) has completed the extension and renovation of a redundant 1990s office block into the new Wokingham Medical Centre, to create the largest single-site GP practice in the UK. The 1,600 sq m NHS building, ...
Tags: Furniture, Furnishing
US-headquartered HJ Heinz plans to shut two of its manufacturing sites in Europe, a move which would lead to 350 job losses. Plant closures in Belgium and Germany are part of the company's efforts to improve its overall efficiency. The ...
Tags: Heinz, Manufacturing Sites
Governor Rick Perry joined GEICO Chairman Tony Nicely today to announce the company is opening a new claims operation in Katy, Texas. GEICO expects the office to grow to 400 associates by 2015 and up to 1,000 associates in the next three ...
Tags: GEICO, Claims Operation, New Houston Area, Add up to Jobs
Just in time for the holidays, Berkshire Blanket, a leading brand of premium quality blankets, throws, and soft home goods, introduces its new Forever Safe collection of baby blankets, apparel and accessories featuring X-STATIC. ...
Tags: Baby Collection, Berkshire Blanket
HJ Heinz, a US-based food manufacturer, plans a $28m expansion project at its frozen food production facility in Masillon, Ohio, which would add 249 jobs. The project comes on the heels of the company's announcement last week to close ...
Tags: Heinz, expansion project, Masillon, Ohio
The Deal, TheStreet's (TST) institutional business, announced the winners of the sixth annual Most Admired Corporate Dealmaker (MACD) Awards, which recognize the best corporate dealmaking teams at acquisitive, large-cap U.S. companies in ...
Tags: Most Admired Corporate Dealmaker Awards, United Technologies Corp.
Berkshire Hathaway Specialty Insurance has added risk management support services to its healthcare professional liability portfolio. With this development, the company will reimburse insurance policyholders for the costs of pre-approved ...
Tags: Berkshire Hathaway, Healthcare
MiTek Industries, a Berkshire Hathaway company, and a leading supplier of advanced engineered structural connector systems, equipment, software and services for the building components industry, announced today that it has acquired Cubic ...
Berkshire Hathaway reported that revenues from its retail group were up 18.1% in the third quarter to $944 million, which the company attributed partly to "improved comparative results of the home furnishings and jewelry business groups." ...
Tags: Furniture, Furnishing
Shaw Industries Group Inc. — a Dalton, Ga.-based floor covering provider and subsidiary of Berkshire Hathaway Inc. — is installing solar panels on the roof of Plant 15, its carpet tile manufacturing facility in Cartersville, Ga. ...
Tags: floor, Construction
Johns Manville has completed an expansion of its micro glass fiber nonwoven production for air filtration media at its plant in Wertheim, Germany. The micro glass fiber nonwovens are used by Johns Manville as top-performance media in HVAC ...
Tags: Micro Glass Fiber
New York-based private equity firms J C Flowers & Co and Apollo Global Management are reportedly considering to submit bids for Hartford Financial Services Group’s Japanese annuity business. Three people familiar with the matter ...
Tags: Apollo, Global Management