US-based pulp and paper company Georgia-Pacific has acquired Excel Displays & Packaging, for undisclosed amount. Excel Displays & Packaging designs and manufactures point-of-purchase displays, high-graphic retail packaging, in-store ...
Catalyst Paper reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million. This compares to adjusted EBITDA of $38.8 million ...
Tags: Catalyst Paper, EBITDA, Forth Quarter, Adjusted earnings
US-based meat processing company Central Maine Meats is using a flash freeze technology which is claimed to preserve agricultural products for longer time. The flash freeze technology, which is currently being used at the company's ...
Tags: Central Maine Meats, Flash Freeze Technology, Food Preservation
German luxury automaker, Mercedes-Benz has started production of its new E-class at its Sindelfingen plant. According to the company, this is the tenth generation of the E-class which was introduced back in 1936. The new E-class is ...
Tags: Mercedes-Benz, The production of the tenth generation of new E-class
The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
Good news regarding farm accidents: In 2015, the U.S. saw fewer grain bin entrapments and incidents than it has seen in a decade. In 2014, a whopping 71 confined-space incidents were confirmed, but in 2015 only 47 were reported. ...
Tags: Farm Accidents, grain bin
The Australian treasury has given its approval to the sale of the country's largest dairy farm Tasmanian Land Company (TLC) including Van Diemen's Land Company (VDL), to Chinese billionaire Lu Xianfeng's Australian arm Moon Lake Investments ...
Tags: VDL, Dairy Farm
General Motors has announced that it will produce Small Block 6.2L V8 engines for trucks and SUVs at the its Spring Hill manufacturing plant in the US. The company will invest $148m at the plant to modernize the flexible machining and ...
Tags: General Motors, V8 Engines
Australian agrifood company TasFoods is planning to acquire North West Tasmanian chicken producer Nichols Poultry for A$12.55m ($8.98m). Under the acquisition terms, TasFoods would purchase Nichols' poultry processing facility, 91 ...
Commercial Vehicle Group announced that it will set up a new wire harness facility in Agua Prieta, Mexico. Commercial Vehicle Group (CVG) has announced the construction of a new wire harness facility in Agua Prieta, Mexico. This ...
Ford Chrysler on Thursday said that it has invested $2bn and hired 1200 additional workers at its Windsor assembly plant in Ontario, Canada to produce its next generation minivan, the Pacifica. With this new hiring, Windsor plant will ...
US-based manufacturer of sauces and dressings Ventura Foods has completed the acquisition of Canadian Wing’s Foods’ sauces and condiments business. The acquired business will become part of Ventura Foods Canada and function ...
Tags: Ventura Foods, Wing's Foods
FormFactor Inc of Livermore, CA, USA (which provides wafer test technologies and expertise) has agreed to acquire Cascade Microtech Inc of Beaverton, OR, USA (which provides equipment enabling precision contact, electrical measurement and ...
Tags: LED devices, wafer
Constantia Flexibles is investing in the expansion of its manufacturing plant in Burgos, Spain, a move that will allow the company to meet increasing demand for packaging used especially in cosmetics. The €4m investment will see ...
Brazilian food manufacturer BRF has completed the acquisition of UK based food company, Universal Meats for £34m. This deal will enable BRF to expand in local markets in the UK. The negotiations for the takeover began in December ...
Tags: Universal Meats, UK markets