Cenveo has reported financial results for the fourth quarter and full year ended 31 December 2016. The reported results for all periods presented exclude the operating results of the Company's packaging operating segment and its top-sheet ...
US-based Danimer Scientific has agreed to develop biodegradable film resins to help PepsiCo’s global food and beverage business meet the sustainable flexible packaging requirements. As part of the deal, Danimer will develop the film ...
Tags: Danimer Scientific, Film Resins
Give and Go Prepared Foods has closed its acquisition of the muffin business of United Baking and its subsidiaries Uncle Wally’s and Vision Enterprises. Based in Shirley, New York, Uncle Wally’s is a leading pure-play ...
Tags: Prepared Foods, Muffin
Daimler is planning to open a new facility in Russia for the production of Mercedes-Benz cars. At Esipovo Industrial Park, about 40 kilometers northwest of Moscow, a flexible production of SUVs and the E-Class Sedan will be established. ...
Tags: Daimler Plans, Passenger Car
CCL Industries, a world leader in specialty label and packaging solutions for global corporations, government institutions, small businesses and consumers, reported record fourth quarter and annual financial results for 2016. Sales for ...
Tags: CCL Industries, specialty label, packaging
Waymo has filed a lawsuit against Uber and its subsidiary Otto for allegedly stealing key parts the self-driving technology. The self-driving subsidiary of Google claims that one of its former employees Anthony Levandowski had downloaded ...
Tags: Waymo, Self-Driving Technology
British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...
Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...
Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
The European Union (EU) on Tuesday decided to impose definitive anti-dumping duties on imports of heavy steel plates from China, after which China said it is "seriously concerned" by the EU's increasing protectionism in the steel industry. ...
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as technical elements put pressure on the precious metal. The most active gold contract for April delivery fell 4.9 U.S. dollars, or 0.39 percent, to ...
Tags: Gold futures, precious metal
SAFI, organiser of the Maison&Objet trade fairs, announced the suspension of its Asian and American editions in order to concentrate all of its available means and resources on the Paris-based events, as well as on the promising launch of ...
Tags: digital platform, SAFI
Tecno, the historic brand founded in the 1950s by the Borsani brothers and led by Giuliano Mosconi since 2010, acquires a majority stake in Zanotta, one of Italian design’s most well-loved and important companies since the 1950s. ...
Tags: Tecno, office furniture
Worldwide robot makers have been expanding their capacity recently with Germany-based Kuka cooperating with the China-based Midea Group to expand its capacity in Europe and China. Meanwhile, Japan-based Yaskawa has also increased investment ...
Tags: Industrial Robot, Robot
Chile became China's leading supplier of fresh fruits in 2016, overtaking Vietnam and even Thailand, local media reported on Wednesday. Chile exported 1.2 billion U.S. dollars of fresh fruit, mainly cherries, to China last year, the daily ...
Tags: Fresh Fruits, Cherries, Grapes