US-based agribusiness company Monsanto has announced to invest $975m over the next three years to expand its manufacturing site in Luling, Louisiana. The investment will also support the launch of Roundup Ready Xtend Crop System, a seed ...
Tags: Monsanto, Investment, Expansion, Roundup Ready Xtend Crop System
Stevia ingredient producer PureCircle is planning to invest $200m in India’s stevia infrastructure in the next five years. The company is planning to collaborate with thousands of Indian farmers to plant 5,000 hectares of stevia ...
Tags: PureCircle, Investment, Stevia infrasture
German luxury automaker Mercedes-Benz has announced that it will invest €170m for expansion and modernisation of its Kuppenheim press shop. The investment will also create 200 additional jobs at the press shop. Kuppenheim press ...
Tags: Mercedes-Benz, Investment, Kuppenheim press shop, Expansion
Multiivac has expanded its chamber belt machine portfolio to include a cost-efficient entry-level model with a high cycle output. The new machine is aimed particularly at industrial packagers in the food sector who are deciding to invest ...
Tags: Multiivac, Chamber Belt Machine portofolio, B 325, IFFA 2016
Electronics and Optoelectronics System Research Laboratories under the Taiwan government-sponsored Industrial Technology Research Organization (ITRI) is setting up a roll-to-roll production line of flexible OLED lighting panels based on ...
Tags: OLED Lighting, LED lighting
Anheuser-Busch has commissioned its new $160m aluminum bottle line at Metal Container Corporation (MCC) facility in Arnold, Missouri. The latest bottle line is part of the company's strategy to provide varied packaging options for its ...
Tags: Anheuser-Busch, Aluminum Bottle
Worldwide IT spending is forecast to total US$3.49 trillion in 2016, a decline of 0.5% over 2015 spending of US$3.5 trillion, according to Gartner. This is down from last quarter's forecast of 0.5% growth. The change in the forecast is ...
Tags: device market, printers
Archer Daniels Midland Company has begun a significant expansion and modernization of its export terminal in Santos, in the Brazilian state of So Paulo. The project will expand the facility's annual storage and grain handling capacity ...
Ford announced that it will be investing $1.6b in San Luis Potosi in Mexico to build small cars. Construction of this factory is expected to begin in mid-2016 and the production is scheduled to begin in 2018. The American automaker ...
Tags: Ford, Investment, Small Cars
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
An award-winning independent bed retailer has backed calls for a national sleep strategy and 'slumber number' to guide the public on how much sleep they should be aiming to get. The Royal Society for Public Health’s report Waking Up ...
Muller Milk & Ingredients is planning to invest £15m in the next three years in Scottish fresh milk dairy at Bellshill as part of its strategic review of Scottish dairies. The investment is intended to improve operational ...
Tags: Muller&Ingredients, Investment, Fresh Milk Dairy, Bellshill
Fresh food packaging manufacturer Linpac plans to invest £1.2m to boost its production at St Helens manufacturing site in the North West of England. With the investment, Linpac will produce a further 200 million expanded ...
Tags: Linpac, Investment, St Helens manufacturing, EPS
Following its sale from Black Diamond Inc. to Investcorp in October, POC is relocating its North American headquarters and adding new staff. The manufacturer of ski and cycling helmets, apparel and accessories, is moving from Salt Lake ...
Tags: Black Diamond, Employees, POC
American flavor company McCormick may increase the bid price for UK based Premier Foods after its £494m offer was rejected twice earlier. Premier Foods, which owns Mr Kipling cakes and Bisto gravy was offered 60 pence per share ...
Tags: McCormick May, Premier Foods