US-based Highland Brewing has announced plans to expand its production facility, in a move to increase its production capacity by 60,000 barrels annually. As part of the expansion, the company will invest around $5m in new tanks and a ...
Tags: Highland Brewing, Production Facility, Food
Hershey has acquired an 80% stake in the Shanghai Golden Monkey Food Joint Stock (SGM), a privately held confectionery company based in Shanghai, China. Shanghai Golden Monkey Food Company product range includes Golden Monkey candy, ...
Panasonic is reportedly considering to buy a stake in Ficosa International to expand its automotive parts business. Panasonic is considering to develop similar driver assistance systems that Ficosa makes and it is also aiming to jointly ...
Tags: Panasonic, Buy Stake, Accessories
Malaysian industrial stretch film producer Scientex has invested $91.97m in the next three years to expand into the Japanese and South-East Asian market for its consumer packaging products. The company will use the money to expand its ...
Vietnam, the largest economy and the market in the ‘New Asean’ (comprising Vietnam, Cambodia, Laos and Myanmar), has announced that its business sector is officially ready for wider engagement with Sri Lankan businesses and ...
Beef prices are stacking up to all-time highs. Consumers are not only paying more for beef at the grocery store, they are willing to pay premium prices for USDA graded prime beef. Only 3% of all carcasses grade prime on a national average, ...
The research revealed that the purchasing decisions of almost a four in 10 (38.5%) consumers are effected by innovations such as re-sealability, extended shelf-life, ease of opening and interactive features such as QR codes. Almost a ...
Tags: Purchase Decisions, Innovation, Packaging
US-based paper manufacturing company International Paper will be investing $90m to restart an idle machine at its container board mill that will help in creating 65 new jobs. The machine has been out of use for the past five years. ...
Tags: International Paper, Invest, Printing
Nestle has unveiled a plan to invest MXN700m ($52.9m) over the next six years, in a bid to increase milk production in Mexico. Of the total MXN700m ($52.9m), the company will spend MXN400m ($30.2m) to finance production and infrastructure ...
Irish dairy co-operative Dairygold has announced plans to invest €117m in its dairy processing facilities at Mallow and Mitchelstown in County Cork. The investment comes in response to the abolition of milk quotas from April 2015 ...
US-based bottling company Chicago Craft Bottling will open its first bottling facility in Indiana, creating about 35 jobs by 2017. The company will invest around $910,000 to construct the 10,000 ft2 building that will be used as a ...
Tags: Chicago Craft Bottling, Invest, Printing
These patents, among other things, protect Cree’s LED component portfolio, including Cree’s white light LEDs. The U.S. Patents included in these cases are: 6,600,175 - Solid state white light emitter and display using same ...
DuPont Packaging & Industrial Polymers will hike production capacity of its ethylene copolymers plant at its Texas production facilities to meet growing market demand. The DuPont division supplies high-performance materials to the ...
Tags: Ethylene Copolymers, DuPont
China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the country's Ministry of Land and Resources at a briefing ...
GREENWICH, CT— Freight transportation services provider XPO Logistics is looking to expand its business and a good portion of the $700 million invested is coming from some Canadians’ pension plans. The Public Sector Pension ...
Tags: PSP, XPO, Accessories