US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...
Tags: Snacking Brand, Hormel Foods
At I/O 2016, Google showed off its new seamless updates feature for Android N – but current Nexus devices won't get it. Speaking to Android Police, Google confirmed that all existing Nexus devices – including the flagship ...
RJR Technologies Inc of Oakland, CA, USA, a developer and high-volume manufacturer of air-cavity plastic (ACP) semiconductor packaging for RF and microwave markets, has shipped over 10 million ACP packages, reflecting the increasing use of ...
Vietnamese dairy firm Vinamilk has decided to eliminate its 49% foreign ownership limit to facilitate overseas investment into the company which is valued at $7.85bn. The company has not set a timeframe on when the current limit would be ...
Tags: Vinamilk, Vinamilk investor
Nissan has denied the allegations made by South Korean Ministry of Environment (MOE) that its UK-built Qashqai SUV diesel models were fitted with emissions defeat devices. The South Korean Ministry of Environment found that Nissan Qashqai ...
Tags: diesel models, SUV
The Volkswagen Group is exploiting possibilities of digitalization as the company believes that IT will play an important role in its future operations. At the Group IT symposium held in Wolfsburg, Germany, members of the Volkswagen Group ...
Tags: Volkswagen Group, robots
For first-quarter 2016, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $4.3m, down on $8.9m a year ago ...
Tags: Rubicon Sapphire, substrates
Scania has inaugurated a €10m Technology Centre in Sao Bernardo do Campo, Brazil, with engine test cells that will be used for the developing, testing and certifying of its engines. "With this initiative we are placing Brazil within ...
Tags: Scania, automotive sector
Honda Automobile (Thailand) has opened a THB17.15bn ($465m) production facility at Rojana Industrial Park in Prachinburi province. The new facility will have capacity to produce 120,000 units per year. Featuring a 214,000m2 of space, ...
Tags: Auto Plant, Honda
Korea-based food company Pulmuone Foods has completed acquiring almost all the assets of Vitasoy USA for an undisclosed sum. The acquisition is intended to strengthen Pulmuone's position in the tofu market, while fortifying its operations ...
Tags: Pulmuone Foods, USA market
Michigan-based sausage and specialty meats producer Kent Quality Foods is building its second processing facility in Jamestown Charter Township, Michigan, with an investment of $34.8m. Kent Quality Foods president Steve Soet said: "The ...
For its fiscal second-quarter 2016 (to 31 March), Emcore Corp of Alhambra, CA, USA - which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets - has ...
Tags: Emcore, optical chips
Sol Voltaics AB of Lund, Sweden, which provides nanomaterial technology for enhancing solar panels and other products, has raised $17m in a Series C round of equity investment and grant funding, led by new investor Riyadh Valley Company ...
Tags: Solar Cell, solar panels
Materials, component and precision system supplier Ferrotec Corp of Santa Clara, CA, USA (whose Temescal division of Livermore, CA, USA makes electron-beam-based evaporative coating systems) says that a Temescal UEFC series evaporator - the ...
Clondalkin Flexible Packaging has invested in a new high speed flexo printing press at its facility in Orlando, Florida, US. The Comexi 8 color press is designed to process multiple substrates and can print a wide range of products. ...
Tags: Flexo Printing Press, Packaging