General Mills has announced that it will invest $25m to expand its cereal production plant in Buffalo, New York, US. Expected to be completed in May 2017, the expansion project will include purchase of new packaging equipment, production ...
Tags: General Mills, investment
American confectionary giant Mars has unveiled plans to combine merge chocolate and wrigley segments to form a new company aimed at unifying its chocolate and candy business. Named as Mars Wrigley Confectionery, the new company will help ...
Tags: Mars, chocolate and wrigley segments, merger
BASF has started planning for the construction of a new world-scale plant for vitamin A in Ludwigshafen, Germany. The new facility will increase BASF’s total annual production capacity of vitamin A by 1,500 metric tons. Reference ...
Tags: BASF, vitamin A plant
Consolidated Grain and Barge (CGB) is set to expand its soybean processing plant in southwest Indiana with an investment of more than $31m. Through the expansion, the company plans to double the size of its plant located at the Port of ...
Tags: CGB, expansion, soybean processing plant
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Southern California based SM Ingredients has developed a new proprietary soluble fiber named as Logifiber, aiming to diversify its ingredient portfolio. The company claimed that Logifiber can potentially change the landscape of the ...
Tags: SM Ingredients, Logifiber, new proprietary soluble fiber
SM Ingredients (SMI), a distributor and marketer to the food, nutrition, animal, and beverage industries, has announced its new global mission and robust corporate identity. The company plans to unveil its new mantra and branding elements ...
Tags: SMI, SSW, corporate identity
Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...
US-based dairy-free firm Tofutti Brands has started a review of its strategic alternatives that include operating as a standalone or a possible sale or forming a new business combination. For the review, the company has retained BDA ...
The partnership is due to launch with two Lottie titles in May 2017. Penguin Random House Children's has signed a deal to become the worldwide publishing partner for Arklu's Lottie Dolls. The Penguin Random House Rights team will ...
The South Korean firm has also signed a two-year agreement for exclusive rights for sale, marketing and distribution of Mattel products. Mattel has embarked on its plans to expand in the Asian market following its majority stake ...
Pink Key’s MD, Richard Pink, has revealed that the company are close to signing a new deal with a toy partner, who will bring Slush Puppie gadgets and toys to market. Since being appointed as the exclusive UK and European licensing ...
Tags: Pink Key, Richard Pink, Slush Puppie
The two aim to implement women’s empowerment strategies at toy factories in India, from preserving women’s health rights to ensuring equal pay. ICTI CARE has teamed with BSR to advance women’s empowerment in global ...
The firm has detailed plans to address concerns voiced by its customers during a series of face-to-face meeting held across the UK by Hornby CEO, Steve Cooke. The Hornby Group Ltd has detailed its strategy for targeting independent toy ...
Tags: Hornby, Steve Cooke