Monogram Foods has acquired Massachusetts-based Progressive Gourmet, a manufacturer of frozen appetizers for an undisclosed sum. The acquisition will bring additional processing capacities and distribution for small bites foods, baked ...
Tags: Monogram Foods, Acquisition, Progressive Gourmet, Frozen appetizers
Scodix, a provider of enhancement solutions for the graphic arts industry, has launched Scodix E106 enhancement press for the folding carton market. Making its debut at drupa 2016, the Scodix E106 is a digital press delivering enhancement ...
Tags: graphic arts, Scodix, Folding Carton
Tyson Foods has made significant progress in its transition from a protein producer to a branded, value-added food company with stronger, more stable earnings, company executives told investors at the Consumer Analyst Group of Europe annual ...
Tags: Tyson Foods, Protein producer
India-based private equity firm Everstone Group has completed the acquisition of Modern Foods, a bakery business of the Hindustan Unilever Limited (HUL). Following the acquisition, Everstone aims to triple the brand's revenue to Rs 10bn ...
Tags: Everstone, Modern Foods, Acquisition, Bakery business, HUL
Processing and packaging solutions provider tna has appointed Magdy El Dessouky as its new Australian general manager. El Dessouky has 15 years’ experience in customer service and business development, including various roles for ...
Tags: Tna, Appiontment, GM, Magdy EI Dessouky, General manager
Chinese and U.S. representatives expressed optimism for the future of the China-U.S. Bilateral Investment Treaty (BIT) negotiations during a session at this year's Boao Forum for Asia annual conference. Against the backdrop of a global ...
Tags: China-U.S BIT, global economy
Chinese Premier Li Keqiang has urged solid efforts from the country's financial and taxation authorities to deliver the value-added tax (VAT) reform as part of efforts to invigorate the real economy during a visit to the State ...
Tags: Tax Reform, VAT
Xeikon, an innovator in digital color printingtechnology, will unveil its newly developed Flatbed die-cut unit, the XeikonFDU at drupa 2016, Messe Düsseldorf, 31 May to 10 June. Developed to aid efficient end-to-end printing ...
Tags: Xeikon, Didital color printing technology, Flatbed die-cut unit, Drupa
Yusen Logistics Australia has acquired 1 the Hitech Asia Pacific brand businesses from the Hi-tech Express Group, a logistics provider based in Australia. Hitech specialises in domestic logistics, providing an end-to-end logistics ...
Mead Johnson Nutrition (MJN) will co-locate a packaging plant with the nutritional powders plant dairy company Murray Goulburn (MG) plans to build in Victoria. MG has forged long-term supply agreements with global paediatric nutrition ...
Tags: MJN, MG, Nutrition Packaging
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
A higher proportion of Australians living in rural and regional parts of the country are more likely to purchase cheese than consumers living in the bigger Australian cities says a new report from Roy Morgan Research. In the 12 months to ...
Tags: Cheese, Cheese-buying habits
In a move that strengthens its global offering of food processing equipment, integrated systems and services, Provisur Technologies, Inc. has opened a new regional office, Provisur Food Equipment (Shanghai) Co. Ltd., in Shanghai, Peoples ...
Tags: Provisur Food Eqipement, PRC
Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...
Catalyst Paper reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million. This compares to adjusted EBITDA of $38.8 million ...
Tags: Catalyst Paper, EBITDA, Forth Quarter, Adjusted earnings