Dublin-headquartered cider manufacturer C&C Group reported a 14.4% decline in its net revenue to €307m for the first half of this year, compared to €358.6m for the same period in 2015. The company registered a 12.0% decrease in ...
Parrish and Heimbecker has secured a funding of $10m from the Canadian government to build a new wheat flour milling plant at Hamilton. The Canadian grain company’s new plant is expected to increase production capacity of wheat ...
Tags: Milling Plant, Parrish, Heimbecker
UK-based packaging provider Collcap Group has merged with global packaging firm Quadpack Industries. The combined firm, which will retain the Quadpack name, will engage in the manufacturing and supply of packaging solutions to the beauty ...
Tags: packaging, Quadpack Industries
CTI Industries, a manufacturer and marketer of novelty balloon products, flexible packaging and storage products, home container and organizing products and laminated films, announced results of operations for the third quarter 2016. For ...
Tags: CTI Industries, flexible packaging
Toyota has broken ground on Toyota Motor Manufacturing de Guanajuato (TMMGT), its fifteenth manufacturing facility in North America. TMMGT will produce Corolla, the top selling car in the world, beginning in 2019, and will employ ...
Tags: Toyota, Manufacturing Plant
Samsung Electronics has agreed to acquire US auto parts manufacturer Harman International Industries for about $8bn, in a bid to accelerate growth in automotive and connected technologies. The deal will give Samsung a significant presence ...
Tags: Samsung, Auto Parts
Dean Foods has partnered with an independent farmer cooperative CROPP to set up a joint venture to strengthen Organic Valley milk brand. Through Dean Foods' processing plants and refrigerated direct store delivery (DSD) distribution ...
Tags: Dean Foods, Organic Valley Milk
Swedish packaging firm Tetra Pak is set to invest around $110m to build a new regional manufacturing facility in Vietnam. Expected to begin operations in the first quarter of 2019, the new facility will be situated near Ho Chi Minh City. ...
The growth of power use in China, a key barometer of economic activity, continued to accelerate in the first ten months due to more consumption by the service sector, official data showed Friday. Power consumption grew 4.8 percent year on ...
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Print and marketing services provider Quad/Graphics has expanded the operations of its Dallas facility in the US. The company has announced a multi-million-dollar investment at the facility to expand its services to the next generation ...
Tags: Quad/Graphics, Print
US-based private-equity firm Graham Partners has acquired freeze-dried food provider Mercer Foods. However, the financial terms of the deal were not disclosed. Founded in 1980, Mercer Foods is a major producer of natural and organic ...
Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
Canada's Vineland Research and Innovation Centre will receive federal funding to develop new disease-resistant apple and greenhouse tomato varieties. Canada agriculture and agri-food minister Lawrence MacAulay, and Niagara Centre member ...
Tags: Canada agriculture, Apple
Hyundai Motor has unveiled plans to construct a hub for big data at the Guian New Area – China’s national epicenter for big data. Starting operations in June 2017, the new facility will be Hyundai Motor’s first overseas ...
Tags: Hyundai Motor, Big Data Center