Finnish food company Raisio Group is planning to streamline operations and cut down costs in the UK in view of the present operating environment, market conditions as well as changing consumer demands. The company's UK unit manufactures ...
Tags: Raisio, snack, breakfast cereals
British Safety Council has introduced new food safety qualifications for food manufacturers, caterers and retailers to ensure that they maintain food standards. The new regulated food safety qualifications are brought into effect to ...
Tags: food safety, catering businesses
Canadian organic food company SunOpta has completed the acquisition of Sunrise Holdings from investor group led by Paine & Partners for $444m, as part of its strategy to expand its portfolio of frozen fruit and fruit ingredient processing ...
Tags: SunOpta, frozen fruit, beverages, snacks
“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China. With the ...
Tags: LED industry, Chinese LED market
Strategic addition to the existing brand and product portfolio Strengthening of market position in the areas of architectural façade and hospitality lighting Significant growth potential for acdc through the Zumtobel ...
Tags: Zumtobel Group, M&A, acdc
Darfon Electronics the turnkey green energy total power solutions provider, new launched a whole series of built-in 10KV lightning surge protected rugged & ultra efficiency outdoor LED lighting driver 60W ~ 270W smart series. To catch the ...
Tags: LED driver, Darfon, lightning field tests
Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN. Job cuts at the company’s factories in northern Taiwan’s Hsinchu Science Park will ...
Tags: Epistar, business strategy, layoff
Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a ...
Tags: Dialog Semiconductor, Atmel, Acquisition
Plessey announced today that it is to carry out a major expansion of the company’s LED manufacturing facility in Plymouth, England, after securing a GBP 30 million ($50 million) loan from Deutsche Bank AG to finance the expansion. ...
Samsung Electronics, the world’s leading producer of semiconductor and display solutions, formally opened the doors to its new Device Solutions America headquarters here, setting the stage for a new wave of innovation across the ...
Tags: Samsung Electronics, Silicon Valley, Semiconductor Headquarters
Power management company Eaton today announced that its light-emitting diode (LED) lighting solutions with an Integrated Sensor Control System is enhancing the lighting performance and aesthetics at the Atlanta-based corporate headquarters ...
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
International Paper (IP) will exit from Chinese coated board joint venture (JV) by selling its 55% stake to JV partner Shandong Sun Holding for $23m. The IP-Sun JV operates one manufacturing facility with four paper machines in Shandong ...
Brazilian meat producer JBS has completed the acquisition of European poultry company Moy Park for $1.5bn from Marfrig Global foods, following an approval from the European Union. The deal, which was announced in June, required certain ...
PPG Industries today announced that it has completed a $27m expansion of its San Juan del Rio, Queretaro, Mexico, coatings manufacturing facility. The company marked completion of the project, which adds 115 new jobs, with a grand-opening ...
Tags: PPG, automotive OEM coatings, paints