ConAgra Foods has announced that it would invest $200m to expand operations at its Lamb Weston’s facility in Richland, Washington, US. The expansion will see an addition of a new french fry processing line at the plant. While the ...
Tags: ConAgra, fry processing line
Penske Truck Leasing has opened a full-service truck leasing and contract maintenance facility in Mira Loma, California. Located at 3777 De Forest Circle, it includes eight service bays and a wash bay. The 15,000-square-foot building is ...
Tags: Penske Truck, full-service truck
Olam International has acquired a 100% stake in Brooks Peanut Company for $85m. Brooks, which was established in 1959, is based in Samson, Alabama. It is currently the sixth largest peanut sheller in the US. The company processes about ...
Tags: Olam International, Brooks, peanut
Netherlands-based shelf life extension technology company PerfoTec has introduced a groundbreaking packaging solution for flowers, that will make the use of water in the supply chain redundant. Explaining the technology, Bas Groeneweg, ...
Chinese companies make up a quarter of the foreign delegations to take part in the International Festival for Business (IFB) held this year in the northwestern British port of Liverpool, organizers said Saturday. "Our target had been for ...
The vast tracts of mangrove forest in the Beibu Gulf of Guangxi Zhuang Autonomous Region have been almost erased by the immense construction of marine reclamation lands and industrial plants. The sharp decline of the mangroves and marine ...
Tags: mangrove, marine species
Evergreen Packaging has introduced new line of renewable cup stock with bio-based polyethylene. The new cup stock, which is claimed to the first its kind, has been developed for both hot and cold applications. The companies can convert ...
Tags: Evergreen Packaging, Renewable Cup
Leroy Seafood Group has entered into an agreement with Aker Capital and Aker Capital II to purchase a controlling stake in Havfisk and Norway Seafoods Group for NOK3.2bn ($390m). The acquisition represents 64.4% and 73.6% of the total ...
Tags: Leroy Seafood, Seafoods
US agricultural commodities trader Cargill has entered into an agreement to acquire Five Star Custom Foods for undisclosed sum. Five Star Custom Foods is a Texas-based food company specializing in cooked protein products and custom ...
Tags: Cargill, agricultural commodities
China is one of the world’s largest automotive consumer market, by late 2015 car ownership in the country reached 172 million cars, and the volume is accelerating. It can be projected in the next few years, Chinese market demands for ...
Tags: LED Lighting, LED package
Flexible liquid packaging solutions provider Liqui-Box has signed an agreement to acquire both the engineering and flexible operations of South Africa-based Maverick for undisclosed amount. Liqui-Box is a portfolio company of private ...
Tags: Liqui-Box, Flexible Operations
Philippines-based beverage maker Asia Brewery has entered into an agreement with Dutch beer producer Heineken International to brew Heineken brands in Philippines. The financial terms of the deal have not been disclosed. The partnership ...
Tags: beverage, Asia Brewery, Heineken
US-based food company TreeHouse Foods is planning to close two production facilities located in Azusa, California and Ripon, Wisconsin. The shutdown of facilities is part of the company's efforts to streamline operations by reducing ...
Tags: TreeHouse Foods, snack products
US-based biotechnology company DuPont Nutrition & Health has developed a new concept for European bread market inspired by Nordic thin breads. The concept, which is rich in healthy carbohydrates, targets consumers who are turning to ...
Tags: biotechnology, DuPont
Smurfit Kappa has completed a programme of investment in the UK depot network, as part of its efforts to increase recycling operations in the country. The company has developed a new depot in Snodland of Kent to process locally-sourced ...
Tags: Smurfit Kappa, paper, cardboard