US-based paper and packaging solutions provider WestRock plans to invest $410m at its kraft linerboard mill in Florence, South Carolina, US. The two-year investment plan will see installation of a 330” kraft linerboard machine and ...
American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
Toyo Printing Inks, a Turkey-based inks and coatings manufacturer and a unit of Toyo Ink, is expanding its operations in the country with an investment of $26.7m. As part of this effort, the company purchased a 62,000m² plot of land ...
Tags: Toyo Printing, inks, coatings
Looking at the great growth potential of Taiwan's bio-technology industry, Henri Lenferink, the mayor of Leiden, a city and municipality in the Dutch province of South Holland, led a delegation to Taiwan earlier, discussing cooperation ...
Tags: Biotech Industry
Putting aside nearly NT$4 billion (US$132 million), Hiwin, a Taiwan-based leading firm that manufactures precision machinery components, inaugurated a new plant in Suzhou, China. Market insiders forecasted that, plus the production ...
Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
Paper and packaging products supplier Sappi North America has invested $5.94m to upgrade Paper Machine 12 (PM12) at Cloquet mill in Minnesota, US. The investment was used to replace the headbox on PM12. It has added an advanced and ...
Tags: Paper, packaging products
A consortium of Chinese investors, which includes Changchun Lianxin Investment Consulting and Shanghai Ground Food Tech, has acquired Brownes Dairy through Australia Zhiran. Brownes was sold by its current owner Archer Capital, a private ...
Tags: dairy products, milk
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
Goya Foods, a Hispanic-owned food company in the US, has expanded its North American Processing Center in Brookshire, Texas with the addition of 324,000ft2 of production warehouse, distribution warehouse, auxiliary buildings and production ...
Tags: Goya Foods, HVAC system
Little Rapids, a US-based specialty paper manufacturer, has commissioned a new Voith Paper-built XcelLine VTM 3 tissue machine at its manufacturing facility in Wisconsin. The new Voith machine been designed to replace the existing PM3 ...
Tags: PM3 machine, Tissue Machine
New Zealand-based Fonterra has announced its plan to further expand its Waitoa UHT site to meet the growing demand for its products. The site currently has production capacity of more than 80,000 cartons of UHT milk and cream every hour. ...
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Bobst, a Switzerland based supplier of equipment and services to packaging and label manufacturers, has introduced new automatic packer for corrugated packaging. The Speedpack corrugated-box packer is designed to gently pick up boxes, ...
Tags: Bobst, Corrugated Packaging