Tyson Foods has made significant progress in its transition from a protein producer to a branded, value-added food company with stronger, more stable earnings, company executives told investors at the Consumer Analyst Group of Europe annual ...
Tags: Tyson Foods, Protein producer
US-based private equity firm Castanea Partners has invested undisclosed sum in Jeni's Splendid Ice Creams, a retailer and wholesaler of branded artisanal ice creams. This investment makes Castanea Partners, the sole outside investor in ...
Tags: Castanea Partners, Investment, Jeni's Splendid Ice Creams, Ice cream
VAI (Vormittag Associates) announces that Black River Produce, the New England-based food wholesaler, is optimizing their supply chain with VAI’s S2K for Food solution. By implementing VAI's industry-leading ERP system, Black River ...
Tags: VAI, Black River Produce, Food wholesaler, VAI S2K
Ingles Markets will support the industry-wide transition to cage-free hen housing by shifting its own egg sales to cage-free, joining a growing list retailers, restaurants, food manufacturers and egg producers that have announced similar ...
Tags: Ingles Markets, Cage-Free Eggs
Campbell Soup is planning to eliminate the use of Bisphenol A (BPA) linings from foods and beverages can packaging. The firm delivered two million cans with linings made from acrylic or polyester materials replacing BPA. The new lining ...
Tags: Campbell, BPA, Bisphenol A, Can packaging
Healthcare Plastics Recycling Council (HPRC), in collaboration with SPI: The Plastics Industry Trade Association (SPI), have launched a multi-hospital plastics recycling project in Chicago. Focused on non-infectious plastic packaging and ...
GfK’s long-running Consumer Confidence Index remained at zero in March, perhaps signalling Brexit fears. Two of the measures used to calculate it saw decreases this month, with one measure showing an increase and the remaining two ...
Tags: GfK, Joe Staton, Consumer Confidence Stalls
Columbia Pacific Advisors said it sold POW Gloves to Rojo Australia, Spacecraft Collective to Omen Longboards and Holden Outerwear to unidentified private investors 30 months after investing $2.5 million in the partnership that used to own ...
Tags: POW Gloves, Rojo Austalia, POW Holdings Brands, D.A, Davidson&Co.
China is introducing a new tax which will impact Australian food companies that rely on selling their products online. Details of the tax are not yet clear however it is expected that online purchases from outside of China will be ...
Tags: Tax, Australian Products, Online Sales, Online Sales Tax
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
ICTI Care's Mark Robertson outlines how a raft of new legislation, coming into effect today, means toy companies must take a closer look at their supply chain. Modern Day Slavery continues to make the headlines, and for very good reason. ...
Tags: Modern Day Slavery Act, ITCT CARE
Constantia Flexibles announed that strong sales growth resulted from all business divisions and was achieved primarily by strong volume increases in all regions. Constantia Flexibles, one of the world's leading flexible packaging and ...
Tags: Constantia Flexibles, Sales, Earnings
Transilwrap Company, a manufacturer of specialty film products, has signed a letter of intent to acquire the specialty films business of US based Dow Chemical. Dow's specialty films business provides film solutions used in medical, ...
Tags: Transilwrap, Film products, Dow Chemical
Chinese and U.S. representatives expressed optimism for the future of the China-U.S. Bilateral Investment Treaty (BIT) negotiations during a session at this year's Boao Forum for Asia annual conference. Against the backdrop of a global ...
Tags: China-U.S BIT, global economy
The global transaction services organization SWIFT says the Chinese currency is increasingly being used by financial institutions worldwide to settle transactions. The organization said the yuan remained the fifth most used currency for ...
Tags: SWIFT, Chinese currency