Dairy company Agri-Mark is planning to invest $30m in a cheese manufacturing facility in Chateaugay town in New York. The company plans to renovate the roughly 100,000ft2 facility by deploying new cheese vats and other equipment to ...
Tags: Agri-Mark, Investment, Renovation, Manufacturing facility
Massachussets-based Treehouse Brewing Company is constructing a new brewery in Charlton, UK, as part of its expansion strategy. The new brewery, which is slated to open in 2017, will be spread across 45,000ft2 featuring a modern 50 BBL ...
Tags: Brewery, Treehouse Brewing, Expansion, Retail
Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
Samsung Electronics Co Ltd of Seoul, South Korea has introduced a full line-up of chip-scale LED packages (CSP), including 0.6W-class and 3W-class packages, CSP arrays, and PoW (Phosphor on Wafer) packages. Samsung says that its CSP ...
US-based yogurt maker Chobani is planning to enter the beverages segment with Drink Chobani line, after it turned down acquisition offer from PepsiCo. With this new drink range, which will be a blend of fruits with its trademark Greek ...
Tags: Chobani, Aquisition, Beverage segment
Nampak Plastics, the UK based producer of plastic milk bottles, is planning to set up a new plant in Stirling, Scotland, to manufacture a range of plastic milk bottles. As part of this effort, the firm has signed a lease deal on 20,000 ...
Tags: Nampak Plastics, Plastic bottles, Investment
Ford has established Ford Smart Mobility, a subsidiary which will specifically design, build, grow and invest in emerging or future mobility technology. Jim Hackett, the former chairman and CEO of Steelcase has been appointed as the ...
Tags: Ford, Mobility technology, Jim Hackett
The Google Cardboard-like goggles will be able to be assembled from the Happy Meal packaging, allowing kids or parents to place a mobile phone within to experience VR. Virtual Reality is continuing its play for the toy space as McDonald's ...
Tags: McDonald's, Meal Boxes
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
A higher proportion of Australians living in rural and regional parts of the country are more likely to purchase cheese than consumers living in the bigger Australian cities says a new report from Roy Morgan Research. In the 12 months to ...
Tags: Cheese, Cheese-buying habits
Combi Packaging System, a US based manufacturer of end-of-line packaging equipment, has developed a packaging machine designed specifically for the craft brewery industry. The new machine, BrewPack, is expected to allow brewers to ...
Ford Motor Company has filed a patent for “Autonomous Vehicle Entertainment System,” which will enable the company in turning its autonomous vehicles into mobile movie theaters equipped with screens and projectors that vanish ...
Tags: Ford, Automatic Car, Mobile Movie Theater
Nissan has announced that it will produce Qashqai crossover with semi-autonomous driving technology at its Sunderland plant in the UK. This will be the first car from Nissan that will feature partial self-driving technology. The ...
Tags: Nissan, Semi-Autonomous Qashqai
Denmark-based dairy company Arla Foods is planning to close fresh milk processing production facility at Hatfield Peverel dairy in Essex in the UK, by the end of July this year, which is likely to result in 200-plus redundancies. ...
Coca-Cola bottling firms Kandhari Beverages and Enrich Agro Food Products are planning to invest Rs5.1bn ($75.6m) to build manufacturing lines in Haryana state. A memoranda of understanding in this regards has been signed by the two ...
Tags: Coca-Cola Bottlers, Food Products