American cereal producer Kellogg has completed the acquisition of a majority stake in Egyptian cake and biscuit maker Bisco Misr, in a previously announced deal worth $125m. Kellogg has agreed to pay £89.86 per share for 85.93% ...
Tags: Egyptian cake, biscuit maker, Agriculture
SMC Ltd., a medical device contract manufacturer with locations in California, Wisconsin, Massachusetts, Ohio, Costa Rica, and India, announced an expansion and move to a 210,000 sq. ft. facility in Devens, MA. The expansion will ...
Tags: high-speed automation, testing, kitting, Health
Halfords boss Matt Davies will take up role in June, while Tesco plans for 43 store closures and consolidation of head office locations. Retail giant Tesco has seen an improved performance over Christmas, with UK like-for-like sales ...
Tags: Christmas, store management, Toys
China's Ministry of Industry and Information Technology (MIIT) has spelt out new guideline for improving China's PV industry, looking to have leading makers merge with small ones, or form strategic alliances in 2015-2017. MIIT hopes the ...
Tags: PV Industry, domestic market, Lights
American canned and frozen vegetables producer McCall Farms is planning to close its yam processing plant in Wilson, a move that will slash 64 jobs. The operations from the Wilson plant will be transferred to the company's other plant in ...
Tags: butter peas, triple succotash, cut okra, Agriculture
Rolls-Royce Motor Cars has commenced the construction on the company’s new Technology and Logistics Centre at Bognor Regis, UK. The 30,000m2 centre expected to be operational in early 2016, will consolidate current logistics ...
Tags: inbound warehouse, Logistics Centre, Auto
Welspun India Limited (WIL), part of the US$ 3 billion Welspun Group, has unveiled its new spinning facility at Anjar in Gujarat, which is India’s largest spinning facility under one roof. The new, world-class facility was ...
Tags: Spinning Facility, yarn, Textile
The rigid plastic packaging giant’s results for the six months ended 30 September 2014, shows good growth in profits, returns and dividends. The planned acquisition of Promens Group progresses the company’s Vision 2020 ...
GTM (Grupo Transmerquim, S.A.), the second-largest chemical distributor in Latin America, has announced that its founding shareholders have signed a definitive agreement to transfer control of GTM to Advent International, one of the largest ...
Tags: chemical distributor, Construction
Moncler reported revenues grew 18 percent in currency-neutral (c-n) terms in the nine months ended Sept. 30 on strong overseas sales of its luxury ski wear and fashion apparel. The Italian company reported revenues of €449.3 million ...
Tags: Moncler, Overseas Demand, Sporting Goods
Hundreds of members of the World Cocoa Foundation (WCF) and leaders from the global cocoa sector have convened in Copenhagen, Denmark to take further crucial steps toward implementing a comprehensive strategy, called CocoaAction, to sustain ...
In partnership with Infor, a supplier of business application software, the Institute of Logistics at the Confederation of Indian Industry (CII) organized a round table conference for the second time last month, under the theme ...
Bill Blass, the New York-based fashion brand which was lying dormant for several years, has been given a new lease of life by the Bill Blass Group, LLC, a group responsible for sustaining and building on the legacy of the iconic fashion ...
Tags: Bill Blass, Stuart Goldblatt, Accessories
In its Interim Management Statement for the period since 1 May, the company said that good progress had been and performance has been in line with its plans. Like-for-like corrugated box volumes had improved with growth ahead of last year. ...
Tags: DS Smith, Q1 Statement, Packaging
Multi-channel distribution is likely to fuel the demand for on-demand packaging as companies continue their search for more cost-effective solutions. Only 7% of companies are making their boxes on demand. However, that figure is set to ...
Tags: on-Demand Packaging, Multi-Channel Distribution, Electrical