Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
Pro Mach subsidiary IPak Machinery is set to unveil the new TF-350B tray former machine at Pack Expo in the US. The event will take place from 6 to 9 November in Chicago. The new TF-350 family of tray formers produces different trays, ...
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...
Orion Packaging, powered by Pro Mach, introduces at Pack Expo 2016 in Chicago, November 6-9, the company’s first automatically guided portable stretch wrapper designed for those distribution centers and manufacturers looking for ...
Tags: Orion, Stretch Wrapper
London-based organic food brand Rawligion has launched a milk drink featuring hemp extract. Dubbed Relax, by Rawligion, the drink features cashews, dates, coconut oil, vanilla, water, hemp seeds and CBD oil. Key ingredient of Relax is ...
Tags: Milk Drink, Hemp Extract
Toyota Motor will set up a mobility services platform (MSPF) to collaborate with several service providers, as well as telematics insurance. Based on the proliferation and popularity of mobility services, like car-sharing; the MSPF will ...
Essentra, a global provider of specialist packaging and authentication solutions to the pharmaceutical and beauty industries, is set to highlight some of its packaging and design innovations at the Pharma and Pack EXPO conferences in ...
Tags: Essentra, Serialisation Products
Dutch-based Jacobs Douwe Egberts (JDE), through its wholly owned subsidiary Sapphire Investments, has made an offer to acquire Singapore based Super Group for $1.45bn. Super Group is an instant food and beverage brand owner and ...
Tags: Super Group, Jacobs Douwe Egberts
Cellana and PIVEG have signed a letter of intent to jointly develop and commercialize Omega-3 oils and other high-value applications from algae biomass. Financial terms of the deal have not been disclosed. Cellana presently produces ...
Tags: Cellana, Omega-3 Oils
DuPont Nutrition & Health and Inbiose will jointly launch a new infant nutrition ingredients based on complex carbohydrates found in mother’s milk. DuPont has entered into a joint development and licensing agreement with ...
North Dakota based Anchor Ingredients has acquired a rail-loading and storage facility in Montana for an undisclosed sum. The new pulse facility acquisition according to Anchor Ingredients is said to increase its sourcing network which ...
International Flavors & Fragrances announced that it has entered into an agreement to acquire Fragrance Resources. Founded in 1987, Fragrance Resources is a privately-held, family-owned fragrance company. For almost 30 years, it has ...
Tags: Fragrance Resources, Fragrance
Bimbo Bakeries USA will shut down its production activities at its baking plant in Lubbock, Texas in early January 2017, affecting about 75 employees. The baking company will move out its production from Lubbock to its Rockawall bakery ...
Tags: Bimbo, Lubbock Plant
Chocolate and cocoa products maker Barry Callebaut is expanding production capacity at its American Canyon facility with $20m investment. The facility expansion is in direct response to the increase in demand for chocolate in the American ...
Tags: Production Capacity, Canyon
US-based middle-market private equity firm Highlander Partners has acquired organic, sugar-free and traditional confection products maker Hillside Candy for undisclosed sum. Hillside’s brands include GoOrganic, GoLightly, Pick Your ...