UK-based food manufacturer Premier Foods has rejected a bid offer worth a £495m from US-based food giant McCormick. The company has rejected the offer saying that the offer from McCormick significantly undervalued Premier Foods ...
Tags: Premier Foods, McCormick, Bid Offer
For its fiscal third-quarter 2016 (to end-January), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $309.2m, down 3.7% on $321.1m last quarter but up slightly on $306.8m a ...
Tags: Finisar
NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) says that at the Optical Fiber ...
Tags: NeoPhotonics, PICs
After months of leaks and rumours, today’s Apple launch event has finally arrived. The March 21 Apple event is now upon us, and it looks set to lift the lid on a slew of new products. It’s expected that we’ll see the ...
Tags: Apple event, Apple, iPhone SE
The January Furniture Show (JFS) has reported a record re-booking with 85% of 2016 exhibitors already signed up for 2017. Over 450 companies exhibited at JFS 2016 and many renowned and well established names have booked again. They ...
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
Superfeet welcomed Linda Balfour as its new global director of marketing. This hire comes in conjunction with the brand launching a number of new products. Most recently, Superfeet launched insoles designed for hunting and lifestyle ...
Tags: Superfeet, Linda Balfour, Global director
Solazyme is focusing the company exclusively on food, nutrition and specialty ingredients, harnessing the power of its transformational algae innovation platform. The evolution leverages over a decade of R&D and product development on an ...
Tags: Solazyme, Transformational algae, R&D, Food
Global Artichoke Company Cynara is introducing several types of preserved artichokes to the US market in a move that will create new culinary opportunities for professional and home chefs. The new products include Crowns, which are intend ...
Tags: Cynara, Artichokes, Natural foods
Swiss food company Nestle is planning to invest over €25m for expansion of its research and development center in Askeaton, Ireland. The expanded facility will be located at Nestle's current plant in Askeaton. The facility ...
Tags: Nestle, Investment, Expansion, R&D
The Spring Festival finished as the Lantern Festival ended. We should start to work after the wonderful festivals. Weichai Group made new breakthrough in its running in the last year by overcoming the sluggish market, further developing ...
Tags: Overseas Market, truck
Gratify Foods, the maker of certified gluten-free snacks, has announced release of two new products: Hummus Crackers and Hummus Pretzels. Gratify will unveil the new products at Natural Products Expo West this week. Hummus has exploded in ...
Tags: Gratify Foods, Gluten-Free Products, Natural Products Expo West
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
For fourth-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $2.45m, more than halving from ...
Tags: Rubicon, Sapphire substrates
According to figures published by IDC, in the fourth quarter of 2015 over 14 million tablets were shipped to Western Europe as the market volume declined 10.1% on year. In value terms, however, the decline was only 1.8% on year, thanks to ...
Tags: Tablets, iPad volumes