Marketing technology company Primary Opinion has acquired 48% stake in Australian food company Maggi Beer Products for $15m. The stake sale comes after the food producer Maggi Beer cancelled its plans to issue a public offer. Of the ...
Tags: Primary Opinion, Maggi Beer
Canada-based poultry and pork products manufacturer Olymel is planning to invest $7.7m to expand its poultry processing facility at St. Damase in Quebec, Canada. The plan will see an addition of 15,000ft2 of space at the facility, along ...
Tags: pork products, Olymel
Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
Bizerba Labels & Consumables has deployed a new MPS printing press with GEW nitrogen-inerted UV curing in order to increase production capacity and improve overall efficiency. The nitrogen-inerted curing is claimed to be useful in the ...
Tags: MPS printing press, UV curing
For first-quarter 2016, 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) has reported ...
Tags: NeoPhotonics, PICs
Commercial Vehicle Group announced, that due to pending negotiations with the hourly employees' union representative, it has decided to consolidate its North American seat production into two North American facilities and stop seat ...
Tags: Commercial Vehicle, Aftermarket
Automakers Ford, Volvo along with technology giant Google and taxi-hailing firms Uber and Lyft have joined forces to push US regulators to draft regulations that support self-driving cars deployment. The coalition, dubbed the Self-Driving ...
Tags: Self-Driving Cars, Ford
Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin―two mass-market models―in China during 2018. In 2005, based on long-term plans to encourage the widespread use of environmentally-friendly ...
Tags: Toyota, Plug-in Hybrid Models
Muller Milk & Ingredients is planning to reverse the proposed closure of Hanworth dairy, saving 170 jobs. The dairy company also intends to rejuvenate and expand its milk&more doorstep delivery business, which currently supplies milk ...
Tags: Muller, Hanworth Dairy
New Zealand-based dairy cooperative Fonterra has launched a Global Dairy Trade (GDT) platform, allowing traders to buy and sell dairy products throughout the year. Fonterra global ingredients managing director Kelvin Wickham said that the ...
Tags: Dairy Products, Digital Platform
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
In response to increased demand for 4- and 6-inch sapphire substrates, Monocrystal Inc of Stavropol, Russia (which manufactures large-diameter sapphire substrates and cores for LEDs, optical products and RFIC applications) plans to ...
General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
Nestle Dreyer’s Ice Cream has made significant changes to key ingredients of its six brands that include Dreyer’s, Hagen-Dazs, Outshine, Skinny Cow, Nestlé Ice Cream and Nestlé Drumstick. As part of the ...
Tags: Nestle Dreyer, Ice cream, Ingredients
Flexible liquid packaging solutions provider Liqui-Box is planning to invest $4m in advanced packaging production technology at two packaging manufacturing facilities in the US. The firm will upgrade each of the two facilities located at ...