US-based food company General Mills has completed the sale of its Venezuela business to private investor Lengfeld, exiting from the country. The sale of the Venezuelan business includes brands such as Underwood, Rico Jam and ...
Tags: General Mills, Venezuela business, Lengfeld
Kona Brewery has broken ground on a new $20m facility in Hawaii near its current facility. Located on 2.6 acres leased from the Queen Liliuokalani Trust, will produce 100,000 barrels annually once it becomes operational. The ...
Tags: Kona Brewery, Construction
Indian automobile manufacturer Mahindra is planning to introduce its no-frills electric car e20 in London. This is the first time Mahindra will make its entry into the UK market. The price of this electric car has been set at ...
The global aluminium aerosol cans market saw 5.4 billion aluminium cans produced in 2015, repeating the previous year’s record result. The International Organisation of Aluminium Aerosol Container Manufacturers' secretary general ...
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
Tokyo-based Mitsubishi Electric Corp says that on 1 July it will start shipping a laser-diode transmitter optical subassembly (TOSA) capable of supporting 100Gbps optical transmissions. The new FU-402REA is being displayed at the Optical ...
Tags: Mitsubishi Electric, EML TOSA
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has signed global technology distributor Avnet Inc as distributor for all its product ...
Tags: GigOptix, Avnet, Distribution
US-based yogurt maker Chobani will expand its manufacturing facility in Twin Falls, Idaho, to meet the demand for new as well as existing products in the region. The company is self-funding the expansion which includes initiatives such ...
Tags: Chobani, Yogurt, Manufacturing Plant
Crown Beverage Packaging Mexico has introduced two new beverage can sizes to better serve beverage companies in the Latin American region. Two additional beverage can sizes, including 9.1 oz. sleek style and 11 oz. standard format, have ...
Tags: Crown, Beverage, New can sizes
TARGETTI USA, the North American operations for the TARGETTI Group, has appointed Kaitlin LeSage Crawford, IESNA | LC, as Customer Service and Marketing Manager. “Since our official North American operations launch in September, our ...
Tags: TARGETTI USA, Kaitlin LeSage, Appointment, Customer service
DSW Inc., as expected, reported earnings in the fourth quarter plunged 61.8 percent to $11.8 million, or 14 cents a share. Results came in ahead of Wall Street's average estimate of 8 cents a share. Comps inched up 0.8 percent in the ...
Tags: DSW, Roger Rawlins, Milestones, Achievements, Q4 earnings
In booth 1655 at the Applied Power Electronics Conference & Exposition (APEC 2016) in Long Beach, CA, USA (20–24 March), Monolith Semiconductor Inc of Round Rock, TX, USA is demonstrating its fast-switching silicon carbide (SiC) ...
Tags: SiC MOSFET, SiC Schottky barrier diodes, SiC power devices
Private equity firm Fireman Capital Partners-owned Oscar Blues has acquired Florida-based Cigar City Brewing for an undisclosed sum. The transaction is expected to be completed within the next three months. Cigar City will continue ...
Tags: Fireman Capital Partners, Oscar Blues, Cigar City, Aquisition
California-based frozen foods manufacturer Pegasus Foods has announced plan to expand its Rockwall food production plant in Texas with an investment of $10m. The expansion will include construction of an 80,000ft2 manufacturing ...
Tags: Pegasus Foods, Expansion, Rockwall food, Investment, Texas, Frozen food
Clover Stornetta Farms, a third-generation family owned and operated California dairy, is celebrating 100 years in the business of making delicious, nutritious, all-natural and organic dairy products. In celebration of its centennial ...
Tags: Clover Stornetta Farms, Organic dairy products, Yougurt