Specialty ingredients firm Innophos has completed the acquisition of AMT Labs,a US-based manufacturer of custom ingredients for the food,beverage,confectionery and nutraceutical industries,for$27m. The agreement includes 100%of the equity ...
Tags: custom ingredients, food, beverage, confectionery, agreement
The U.S. Department of Labor has reached a settlement agreement with Mohawk Industries Inc., a carpet manufacturer based in Calhoun, Ga., under which the company will increase fire protection at its four carpet pad facilities. The agreement ...
Tags: carpet pad, carpet manufacturer, carpet market, carpet industry
Uflex,a flexible packaging manufacturer based in India,is set to begin production at its first US polyester film facility by the end of this year as a part of its strategy for global expansion. The company said that the facility is ...
Tags: flexible packaging, polyester film facility, global expansion
South Asia’s premium lingerie brand amanté has been finally launched in its homeland Sri Lanka, after a successful stint in India since its groundbreaking launch in the country in 2007. The Sri Lankan intimate apparel maker, ...
Closure manufacturer in the US, Portola Packaging has announced plans to close its Portola Tech International cosmetics closure and container manufacturing unit in a bid to concentrate on its growing beverage closure and bottle business. ...
Japanese carmaker Honda is planning to invest $200m at its Anna Engine and Russells Point Transmission facilities in Ohio, US. Of the total investment, about $170m will go towards Honda's engine plant in Anna, which will see addition of a ...
Tags: Honda, Anna Engine, Russells Point Transmission facilities
US based automotive parts maker Johnson Controls has signed an agreement to acquire bankrupt lithium iron phosphate batteries and systems manufacturer A123 Systems' auto business for $125m. Under the terms of agreement Johnson Controls ...
Tags: Johnson Controls, bankrupt lithium iron phosphate batteries
Ethan Allen Interiors Inc., an interior design company whose success began with the manufacture of Early American-style furnishings, kicked off the celebration of its milestone 80th anniversary this week. President and CEO Farooq Kathwari ...
Tags: American-style furnishings, furnishings, furnishing market
Dunlopillo Holdings, the global giant of bedding industry, is planning to sell over half a million mattresses in Malaysia every year, said Thinaharan Muthusamy, Managing Director of the company, according to Bernama. Mr. Muthusamy ...
Tags: bedding industry, beddin market, beddin products, mattresses
The purchase price of Yuanxing HK and Yuanxing China, which are referred collectively as Yuanxing Package, will be $48m. Yuanxing China manufactures and markets a variety of retail/shopping bags and packaging products to the Chinese ...
Tags: purchase, Yuanxing Package, retail bags, shopping bags, packaging products
Sri Lanka's Keells Food Products is planning to buy meat processing firm D&W Foods for LKR700m ($5.24m) and upgrade manufacturing facilities. The acquisition includes D&W Foods' production facility at Makundara Industrial Estate West, ...
Argentinian food firm Arcor,through its Danone joint venture firm Bagley,has forayed into the cereal market with the launch of its new cereal line in the country. The company has invested$10m into the cereal line,which features seven ...
Tags: new cereal line, cereal market, health food
"It is fascinating to see how every home can change the way it looks and feels with just a small makeover - with art that adorns its floors. Rugs! In fact this is one of the smallest ever investment to make in one's home to ...
Tags: Carpets, Rugs, Chic Rugs, Rug market
Brazilian food company BRF Brasil Foods and Irish ingredients firm Carbery have formed a 50/50 whey processing joint venture in Brazil,with a proposed investment of$50m. The new joint venture will use Carbery's technology to process whey ...
Arc'teryx Equipment, the company known for its leading innovations in premium high performance outdoor products, proudly announces the appointment of two new additions to its Global Sales & Marketing teams. Filling positions to support the ...
Tags: outdoor products, snowsports, marketing, consumer product experience