Virginia Governor Terry McAuliffe has announced state-backed support for four economic development projects, including Wort Hog Brewing Company’s plan to build a microbrewery in Old Town Warrenton. Warrenton and Wort Hog teamed up ...
Tags: Virginia, Warrenton, Wort Hog, New Brew-Pub
UAE-based Delta Food Industries has opened Dh40m ($10.89m) dairy plant in the Sharjah Airport International Free Zone (SAIF Zone). The new manufacturing plant will produce evaporated milk and cream. Delta Food Industries founder and ...
Finland-based pulp and paper manufacturer Stora Enso is investing about €63m to strengthen its consumer board and biomaterials capabilities in China and Sweden. Of the total amount, the company will invest €31m in a new ...
Tags: Stora Enso, Investment, China, Sweden
Catalyst Paper reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million. This compares to adjusted EBITDA of $38.8 million ...
Tags: Catalyst Paper, EBITDA, Forth Quarter, Adjusted earnings
Dutch dairy company Royal FrieslandCampina is planning to acquire 51% stake in Pakistani-based Engro Foods for $460m. The European dairy company has approached the Pakistan company to buy around 391 million shares from its parent company ...
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
US-based meat processing company Central Maine Meats is using a flash freeze technology which is claimed to preserve agricultural products for longer time. The flash freeze technology, which is currently being used at the company's ...
Tags: Central Maine Meats, Flash Freeze Technology, Food Preservation
China-based protein food developer Sino Agro Food (SIAF) has effected management changes to expand its brand in Europe. SIAF has announced that Bertil Tiusanen has resigned from his position as the CFO and has taken up the role of New ...
Tags: SIAF, Expansion in Europe
McLaren has announced plans to invest £1bn over the next six years as part of its ‘Track22’ Business Plan. The British company which just formed six years ago, says that this investment will go into research and ...
Tags: McLaren, Track 22 Business Plan, Investment
Mercedes-Benz USA (MBUSA) has unveiled the first rendering of their new Atlanta headquarters in Sandy Springs. The company plans to break ground in the spring of 2016, with a target completion date of early 2018. MBUSA, which moved to a ...
Construction has started on the Mondelēz International’s $90m biscuit manufacturing factory in Bahrain with scheduled completion expected later this year. Mercury Middle East WLL (Mercury Mena) is the project's general ...
Tags: Biscuit, raw materials
Researchers from the National University of Singapore (NUS) have successfully developed an environmentally-friendly food packaging material that is free from chemical additives, by fortifying natural chitosan-based composite film with ...
Tags: Eco-Friendly Food, Food Packaging
UAE based food producer National Food Product Company (NFPC) has begun construction of a new food manufacturing facility in Kizad. NFPC is considered as one of the largest food producers in the UAE and owns brands such as Oasis, Blu, ...
Tags: National Food Product, NFPC brands
Orora is planning to invest $42m in additional glass bottle forming lines at its Gawler, South Australia, glass plant. In addition, Orora is assessing a potential investment of a further $10 - $15 million in an automated warehouse at ...
Tags: Orora, Glass Bottle
Ball Corporation, supplier of sustainable packaging solutions, has announced its plan to close its flat sheet production and can end-making plant in Weirton, West Virginia, the US. The decision to shout down production by the first ...