Fiat Chrysler Automobiles (FCA) has denied reports that it received a formal bid from the Chinese automaker Great Wall Motors (GWM) with respect to sale of its Jeep brand. FCA said that it will stick to its 2014-18 growth plan and has ...
Tags: Great Wall Motors, Chrysler
Impossible Foods says that it has passed important milestones for food safety, including a unanimous expert-panel affirmation of the safety of a key ingredient used in its products. A panel of food safety and allergy experts at three ...
Tags: Impossible Foods, food safety
Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials
Imperial Frozen Foods, a portfolio company of Kenex, has acquired 100% of the assets of Greystone Foods. Greystone is a Birmingham, AL based manufacturer of branded and private label frozen (IQF) vegetables. Greystone manufactures 30 ...
Tags: Frozen Foods, Greystone Foods
Vodafone is launching its very own “skill” for Amazon’s Alexa digital assistant to improve customer service. The voice-controlled Amazon Alexa digital assistant launched back in 2014, and can perform basic tasks like ...
Mitsubishi Heavy Industries America (MHIA) has completed the construction of a two-train polyethylene facility in the US for ExxonMobil Chemical. MHIA, a subsidiary of Mitsubishi Heavy Industries (MHI), secured the construction order from ...
Lollicup USA has signed the land development deal to begin construction of the company's new, 700,000 ft2 manufacturing facility in Rockwall, Texas, US. The manufacturing plant, located not far from Dallas, will open with new machines for ...
Tags: Lollicup USA, packaging
Sonoma Creamery has secured a $10m equity investment from Svoboda Capital Fund IV (SC). Specific terms of the transaction were not disclosed. Founded in 1931, the Company is a Sonoma, California-based manufacturer and marketer of ...
Tags: Svoboda, Sonoma Creamery
Teasdale Latin Foods, which is majority owned by private equity firm Snow Phipps Group, has acquired Rudy's Tortillas, a provider of high quality tortillas and chips into the foodservice channel. Founded in 1945 and based in Carrollton, ...
Tags: Teasdale Latin Foods, foodservice
Semiconductor packaging and electronic assembly solutions provider Kulicke & Soffa (K&S) has expanded its advanced packaging presence with the acquisition of privately held Dutch packaging company Liteq. Financial terms of the acquisition ...
Tags: Semiconductor packaging, packaging
The Dow Chemical Company has partnered with national nonprofit, Keep America Beautiful, to award two $50,000 grants for organizations to establish Hefty EnergyBag programs in their communities. The program is an innovative approach to ...
Tags: Dow, Plastics Recycling
RecoMed, the PVC medical devices take-back scheme, is a joint winner of the Waste Prevention category of the 2017 National Recycling Awards for its innovative approach to sustainable healthcare recycling. It’s yet another accolade - ...
Tags: PVC Recycling, medical devices
India-based Jindal Poly Films (JPFL) has agreed to acquire Netherlands-based Apeldoorn Flexible Packaging Holding (AFP) for around €82.3m. AFP, which is incorporated in 2014, manufactures load security films, bread and cheese ...
Tags: Flexible Packaging, Packaging
Bowmore Islay Single Malt Whisky has announced the US release of the fifth and final edition of the Black Bowmore 1964 distillation: Black Bowmore 1964 50 Year Old. The last cask rediscovered of Black Bowmore 1964 has spent an astonishing ...
Tags: Single Malt Whisky, Bowmore
Sycamore Brewing is set to release a brand-new suite of cans brewed in their recently completed $2.5 million-dollar production facility and cannery in the North End neighborhood of Charlotte, North Carolina. Since opening in 2014, ...