The Journal Gazette reported that state and Whitley County officials have approved more than USD 1.2 million in tax breaks on Steel Dynamics Inc's planned USD 27 million investment at its Columbia City operation. The project, announced ...
Tags: work tax credit, tax, dividend income tax, irs tax problems
The maker of mechanical and structural tubing has announced it will be locating its operations in Brownstown, creating up to 56 new jobs by 2015. According to a company press release, E&H Tubing, who recently acquired the assets of ...
Tags: maker of mechanical and structural tubing, Indiana Steel and Tube
The investment is intended for producing bottles for wines and sparklings.The company will expand its production capacity by 50%. Verallia heads the greatest investment in a new industrial plant ever made in Argentina in 2012.The local ...
Tags: investment, Verallia, Argentina, glass industry
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
Indiana Galvanizing, LLC, a steel parts galvanizing manufacturer, announced plans to locate here, creating up to 60 new jobs by 2013. The company, which shares common ownership with Bob Monnig Industries, Inc and Universal Galvanizing, Inc ...
Commenting on the latest GDP numbers released which estimates growth at 5.3% for the Q2 of this fiscal, marginally lower than previous quarter growth of 5.5%. Mr RV Kanoria President of FICCI said that "These numbers confirm that economic ...
Tags: GDP numbers, sluggish and unless, FICCI, new jobs
Sabra Dipping Co., the dips venture run by PepsiCo and Israeli food group Strauss, is to set up an R&D facility in the US. The company is spending US$28m on a facility in Chesterfield County in Virginia. Strauss decided to run its US ...
Tags: PepsiCo, food group, food manufacturing, food industry
Poundland, the UK-based single price value retailer, has booked an increase in full-year profits as value-conscious shoppers continued to visit its stores. In the 53 weeks ended 1 April, EBTIDA climbed 26.5% to GBP40.1m (US$62.9m), while ...
Tags: profits, retailer, Pound land, Turnover
Oberto Brands has indicated that it will open a manufacturing facility in Nashville, Tennessee, in order to meet growing demand for its meat snack products. The company manufactures Oh Boy, Oberto! Jerky, Lowrey's Meat Snacks and Pacific ...
Tags: meat, snack, meat snack products, Meat Snacks
Hittite Microwave Corp(which designs and supplies analog,digital and mixed-signal RF,microwave and millimeter-wave ICs,modules and subsystems as well as instrumentation)is to create 30 new jobs by establishing two operations in Cork as part ...
Sunflower seed processing company SunGold Foods is set to open a snack manufacturing facility in Lubbock, Texas, US. The facility, expected to create more than 100 new jobs over the next five years, will buy sunflower seeds from local ...
Tags: SunGold Foods, sunflower seed, snack manufacturing, food industry
Barry Callebaut is to build a chocolate plant in Turkey, a market it says has low per capita consumption of the product but where demand is growing quickly. The world's largest business-to-business chocolate manaufacturer plans to open ...
Tags: chocolate plant, chocolate, chocolate manaufacturer, chocolate factory
UK frozen food retailer Iceland Foods has reported a 14% increase in full-year profits as it reported a solid increase in sales despite fierce competition. Iceland booked net profit before tax of GBP147.5m (US$229.8m) for the 53 weeks to ...
Tags: UK, frozen food, Iceland Foods
Associated British Foods has secured an own-label bread contract with UK retailer The Co-operative Group previously held by rival Premier Foods plc. The contracted, confirmed today (25 October), will take effect from the "middle part" of ...
Tags: Allied Bakeries, contract, Warburtons
US food company Sugar Creek Packing plans to invest $28.5m to expand and upgrade a 77,000ft2 plant in Cambridge City, Indiana, which was formerly owned by Really Cool Foods. The plant, located in Indiana Gateway Industrial Park, Wayne ...
Tags: plant closure, renovation project, refrigeration space