According a new report from Smithers Pira, corrugated board packaging market to reach $269bn in 2021, though the annual growth rate is expected to decrease to 3.6%. Growth in demand for corrugated board packaging is showing signs of a ...
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
Mars is urging the business community and global leaders at COP22 to take bold action to implement the targets agreed last year in Paris for tackling climate change. Mars combined this call to action with an announcement of plans for a ...
Tags: Mars, Fossil Fuel
Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
Frutarom has agreed to acquire 75% stake in savory solutions provider Piasa Group for approximately MXN405m ($20.5m) to foray into the Mexican market. Piasa is Frutarom’s first acquisition in Mexico, while being the fifth in the ...
Tags: Frutarom, Piasa Group
Mizkan America Food Ingredients Division has announced the addition of Hatch Valley Roasted chiles to its line of pepper products. Sourced from the famous farmlands of Hatch Valley in New Mexico, where the perfect blend of soil and ...
Tags: Mizkan, Food Ingredients
LCD TV panel shortages are prompting panel makers to shift their capacity and the issue has caused notebook panels to see tight supply, according to Compal Electronics president Ray Chen, while notebook panel demand will remain strong in ...
Tags: LCD TV panel, Notebook
An organic industry watchdog contends the US Department of Agriculture (USDA) has quietly allowed a flood of hydroponically-produced fruits and vegetables, largely imported, to be illegally labeled and sold as "organic." This produce is ...
Tags: Cornucopia Institute, USDA
Ball Corporation reported, on a US GAAP basis, breakeven net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 on sales of $2.8bn, compared to $45m of net earnings attributable to the ...
Tags: Ball Corporation, Packaging
Cellana and PIVEG have signed a letter of intent to jointly develop and commercialize Omega-3 oils and other high-value applications from algae biomass. Financial terms of the deal have not been disclosed. Cellana presently produces ...
Tags: Cellana, Omega-3 Oils
Bimbo Bakeries USA will shut down its production activities at its baking plant in Lubbock, Texas in early January 2017, affecting about 75 employees. The baking company will move out its production from Lubbock to its Rockawall bakery ...
Tags: Bimbo, Lubbock Plant
Chocolate and cocoa products maker Barry Callebaut is expanding production capacity at its American Canyon facility with $20m investment. The facility expansion is in direct response to the increase in demand for chocolate in the American ...
Tags: Production Capacity, Canyon
Smithfield has announced to launch seven new products to encourage consumers to explore the latest in cooking trends and flavor innovation. With the rise in slow cooker cooking, all bacon everything and holiday entertaining, the brand ...
Tags: Smithfield Foods, Pork Products
Crown Holdings announced its financial results for the third quarter ended 30 September 2016. Third Quarter Highlights Earnings per share $1.31 for the quarter; $3.09 YTD versus $2.35 in 2015Adjusted earnings per share $1.33 for the ...
Tags: Crown Reports, Earnings
Flour-milling and ingredient company Ardent Mills has entered into an agreement with Armour Specialty Marketing to produce and sell Ultragrain Pasta into the foodservice and food manufacturing channels. Ultragrain Pasta will be available ...
Tags: Flour-milling, Ultragrain Pasta