US yogurt manufacturer Chobani has announced names of the companies that will take part in its Spring 2018 class for the Chobani Incubator. The third and largest Chobani Incubator class to date, with nine food startups, is comprised of ...
Nordic food company HKScan has agreed to form a joint venture (JV) with Zhejiang Qinglian Food to sell Finnish pork products to Chinese consumers. HKScan is looking to establish a new presence on the Chinese market by launching products ...
Tags: Pork Products, pork
Sincerity Applied Materials Holding has unveiled plans to enter the US market, helping to serve customers in the region. Presently over 90% of SAPL's revenue is derived from sales within the Australian market. However, due to the strong ...
SIG, a provider of solutions to the food and beverage industry, is a new ProLeiT certified OEM partner. In the future, SIG will provide its customers with Manufacturing Execution System (MES) solutions from ProLeiT. The aim of the ...
Tags: Dairy, beverage industry
International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
The Distilled Spirits Council reported that spirits experienced record sales in the US in 2017, hitting $26.2bn. The Distilled Spirits Council reported at its annual economic briefing record spirits sales and volumes in addition to ...
Tags: Distilled Spirits, beverage
The North America Adhesives group of H.B. Fuller will increase the price for adhesives between 5% and 15%, based on the product sold, effective immediately or as contracts allow. These increases affect products sold for the following ...
Tags: Adhesives, raw material
Kush Bottles, a provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, has reported financial results for its first fiscal quarter of 2018, for the period ended 30 November 30 ...
Tags: Kush Bottles, cannabis industry
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
© Semiconductor Today Magazine / Juno Publishing The ultraviolet light-emitting diode (UV LED) market is growing at a compound annual growth rate (CAGR) of 24.8% from $178.4m in 2016 to $1311.7m by 2025, reckons market research firm ...
Tags: UV LEDs, LED market
Ford has outlined the next phase of its China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. Executive Chairman Bill Ford and CEO Jim ...
Denmark-based Danish Crown through its subsidiary ESS-Food has agreed to buy 70% stake in Overberg Food Distributors, a South African foodservice business, for an undisclosed price. Overberg Food Distributors, which is based in Cape Town, ...
Tags: Danish Crown, ESS-Food
Hormel Foods has merged its specialty foods segment into its grocery products segment. It will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded ...
Tags: Hormel Foods, Grocery Products
Taiwan's export orders received in October amounted to US$ 46.6 billion (NT$ 1.39 trillion) for a surge of 9.2 percent over last October, a single-month high in history and representing the 15th consecutive month of growth, according to the ...
Tags: smartphone, Apple
Putting aside nearly NT$4 billion (US$132 million), Hiwin, a Taiwan-based leading firm that manufactures precision machinery components, inaugurated a new plant in Suzhou, China. Market insiders forecasted that, plus the production ...