Based on its recent analysis of the European plasticizers market, Growth Partnership Firm Frost & Sullivan has chemical company Oxea with the ‘2014 European Non-Phthalate Plasticizers Product Leadership Award’. The researchers ...
Orora has announced plans to build a new dairy bag production line following the securing of a long-term supply contract for Fonterra's New Zealand milk powder operations. The $20 million investment will see the establishment of a new ...
REI reported record annual revenues of $2.2 billion, a 9.9 percent increase from 2013, and said it would double its investment in non-profits and new projects to create access to inspirational outdoor places to nearly $8 million. The ...
Tags: REI, Sales, Sporting Goods
Australian packaging company Orora has secured a new supply agreement with dairy group Fonterra where the former will supply multi-walled dairy bags to Fonterra’s New Zealand operations. Orora will also construct a AU$20m ($15.25m) ...
Tags: Dairy Bags, Orora, Packaging
Orora has secured a contract from New-Zealand-based dairy co-operative group Fonterra for the supply of multi-walled dairy bags. According to the terms of the agreement, Orora will invest in its manufacturing capacity for the supply of ...
Tags: Orora, dairy products
Toyota is planning to construct its first passenger car assembly plant in Mexico, which will produce Corolla compact sedan. Reuters cited sources familiar with the matter as saying that the company is waiting for the approval of its board ...
Tags: Passenger Car, Corolla, compact sedan
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
Feetz, which specializes in customizable footwear using 3D printing, closed on a $1.25 million seed round. The capital infusion will be used to launch the Feetz platform directly to customers later this year via the first ...
Tags: 3D printing, Feetz, Sporting Goods
A key challenge for food companies is to create a continuous stream of new products which are “UNIQUE” in the eye of the consumer. The pressure from periodic range reviews drives an “in with the new” and “out ...
Tags: Incrementalism, New product, Food
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods
Tetra Pak is planning a push in the food packaging market with its cartonboard packaging offering. Tetra Recart was the first retortable carton package which enabled filled product to be sterilized within the package. A direct ...
Pivovarna Lasko, a leading brewer in Slovenia, has secured five binding bids in a sale that iis likely to be completed by June end. Though the names of the bidders have not been announced officially, local media reports say that Dutch ...
Tags: Pivovarna Lasko, bids, Food
Thailand's meat producer Charoen Pokphand Foods (CP Foods) in 2015 is set to invest up to $763m to expand in foreign markets. i The company will spend THB20-25bn ($611-763m) this year, primarily on overseas expansion and ...
Tags: CP Foods, economy, businesses
Arkansas-headquartered Tyson Fresh Meats will invest $47m for a new boxed beef warehouse in Lexington, work for which, will begin this spring. To be built on the southeast corner of the existing beef complex, the 50,000ft2 warehouse, ...
Waterloo based food processor DC Foods is set to expand its manufacturing capacity to strengthen its business and create 50 new jobs in the region. The company will receive a grant of $800,050 from the Southwestern Ontario Development ...