Vitro announced yesterday it has initiated a process in a Mexican court aimed at recovering close to $1.6 billion USD in damages resulting from lawsuits which placed the company and 17 subsidiaries into involuntary bankruptcy, later ...
Tags: Vitro, Mexican glassmaker, glass, Construction
. As part of the agreement, the franchise will have an option to acquire the remaining 49% of the Philippines bottler for seven years after the closing of the deal and also has an option to sell the stake back to Coca-Cola in year six. ...
Tags: Coca-Cola FEMSA, Philippines Bottler, Coca-Cola Company's Philippines
A recall of New Mexico-based manufacturer Sunland's peanut butter - which is believed to be contaminated with salmonella - has expanded to now include 240 products. In an announcement on Friday (5 October), the US Food & Drug ...
Tags: Peanut butter, expanded further, Food&Drug Administration
US-based food company Kraft Foods is seeking to sell its Breakstone's sour cream and cottage cheese products unit,which is estimated to be worth$400m. Mexico-based Dairy firm Grupo Lala is planning to acquire Breakstone's ...
Tags: sour cream, cheese products, Kraft Foods, brand
US-based baking company Flower Foods has agreed to acquire certain bakery assets and trademark licenses from BBU, a subsidiary of Mexico-based Grupo Bimbo, for an undisclosed amount. The deal has received clearance from the United States ...
Tags: certain bakery assets, Flowers Foods, breads and rolls
Packaging firms are increasingly adopting the Fraunhofer Institute for Electron Beam and Plasma Technology FEP that was developed jointly by Fraunhofer FEP and Biofilm. The project partners included Applied Materials, hallow cathode ...
Tags: packaging firms, FEP, applied materials
Arcadia Biosciences has signed an agreement with the International Maize and Wheat Improvement Center(CIMMYT)and the US Agency for International Development(USAID)to develop heat-tolerant wheat variants. The wheat varieties will be ...
Tags: CIMMYT, USAID, heat-tolerant, wheat variants
A Grupo Industrial company that prints steel plate and aluminum Industrial Litografica has ordered its fourth EPG KeyColor C remote ink control system in one and half years to cope with customer demand for colorful metal decorating on ...
Tags: Remote Ink Control, Industrial Litografica, Metal Decorating
Schaefer Ranchwear,one of America's last full-line clothing companies is looking forward to a record year for 2012 and is optimistic for 2013 and beyond by churning out a number of new jean,shirt and outerwear styles keeping the collection ...
Tags: Schaefer Ranchwear, full-line clothing, jean, shirt, outerwear
Cemex has announced its Egyptian unit Assiut Cement Co has learned of a preliminary ruling by a court in Egypt that could invalidate the pact under which Cemex bought a majority stake in the company more than a decade ago. Assiut Cement, ...
Tags: market view, cement