Performance Food Group Company (PFG) announced that Tom Ondrof will join PFG as executive vice president and chief financial officer, effective from 1 October Ondrof will lead PFG’s corporate finance department and oversee ...
Tags: PFG, Tom Ondrof, executive vice president and chief financial officer
Vietnamese dairy company Vinamilk has fully acquired US-based Driftwood Dairy by buying the remaining 30% stake for $3m. The acquisition comes more than two years after the company bought 70% stake in the US company for $7m. Driftwood ...
Tags: Vietnamese dairy, Dairy products
Vietnamese dairy firm Vinamilk has decided to eliminate its 49% foreign ownership limit to facilitate overseas investment into the company which is valued at $7.85bn. The company has not set a timeframe on when the current limit would be ...
Tags: Vinamilk, Vinamilk investor
Opple Lighting, which is in the process of applying IPOs in China, has seen its revenues reach RMB 3.9 billion (US $630 million) in 2014, according to a report by Chinese-language media The Time Weekly. The lighting industry is entering a ...
Tags: Opple Lighting, OEM models, LED lighting
Top Taiwanese LED manufacturers Everlight and Epistar revenues for second quarter of 2015 were impacted by trending low LED prices on the market, according to a China Times report. Even though Epistar revenues made a turnaround in second ...
Japan's integrated beverages company Kirin is reportedly planning to acquire 55% stake in Myanmar Brewery from Singapore-based beverage producer Fraser and Neave (F&N) for $560m. Reuters cited sources familiar with the matter as saying ...
Tags: beverage, beverage manufacture, Kirin, company acquisition
As flash LEDs became a standard spec in smartphones instead of a market gimmick to sell phones, many LED manufacturers are vying after this potential market. The earliest players in the market was Lumileds, followed by Osram and later ...
Tags: Flash LED, LED market, LED
Donaldson Company, a global leader in engine filtration, has announced that it has entered into a binding agreement to acquire 100% of the shares of Industrias Partmo. Partmo is a leading manufacturer of replacement air, lube and fuel ...
Tags: auto manufacture, Partmo, engine filtration
Industrial, consumer and protective packaging provider Sonoco will be investing $11.8m in building a research and development facility for consumer packaging products in Hartsville. The company has already commenced the construction of ...
Specialty chemicals company, Lanxess has announced personnel changes on both the Supervisory Board and the Board of Management. The Supervisory Board has proposed Lawrence A Rosen, member of the Board of Management of Deutsche Post ...
Tags: Lanxess, Specialty chemicals
Vista Outdoor Inc., the parent of Bushnell, Federal Premium, Savage Arms, Primos, Blackhawk! and Boll, named Michael Pici to serve as its vice president of investor relations. "We're excited to have Michael join Vista Outdoor as Vice ...
Global fast food restaurant chain McDonald's has announced a decrease in global comparable sales of 1.7 per cent in February 2015, continuing a downward trend. In the Asia Pacific region, the Middle East and Africa, sales decreased by ...
Tags: fast food restaurant, McDonald's
Gerber Scientific Inc., a world leader in integrated solutions for the apparel and industrial markets, has appointed John Capasso as the new chief financial officer (CFO). Capasso was most recently CFO of Varel International Energy ...
Tags: information technology, tax, investor relations, Textile
Johnson & Johnson’s fourth-quarter medical device sales fell by 4.7%, to $6.6 billion, with the biggest drop (7.7%) in the U.S., the company announced this week. Total fourth-quarter sales were down 0.6% year-over-year, to $18.3 ...
Tags: Medical Device Business, Health
The Consumer Electronics Association (CEA) ® today announced that executives from Bosch, Cisco and Comcast will participate in the Fast Innovation: Disrupt or be Disrupted keynote panel at the 2015 International CES®. Owned and ...