Mitsubishi Polyester Film, a subsidiary of Japan-based Mitsubishi Plastics, has selected Jacobs Engineering Group to provide engineering services for the expansion of its polyester film plant in Greenville County, South Carolina, US. ...
Tags: Mitsubishi, Polyester Film
Ventura Foods has agreed to acquire Cargill’s dressings, sauces and mayonnaise (DSM) business for an undisclosed sum. Ventura Foods president and CEO Chris Furman said: "The acquisition of Cargill's DSM business is a strong fit ...
Tags: Ventura Foods, Sauces
China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
IATA’s latest quarterly survey of airline CFO and heads of cargo points to further year-on-year gains in profitability during Q1 2016, following a record year in 2015. However, expectations of further gains in profitability over the ...
Tags: passenger volumes, Airlines
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
Olam International has entered into a $175m five-year loan agreement with IFC, a World Bank Group unit, to fund its working capital and capital expenditure requirements for four of its food processing facilities in Nigeria and India. The ...
Tags: Olam, IFC, Food Processing Facilities
Japanese drinks company Asahi Group has agreed to acquire SABMiller’s Peroni, Grolsch, Meantime brands for $2.9bn, clearing another hurdle for the Anheuser-Busch InBev and SABMiller’s $108bn merger. The acquisition is ...
Tags: Asahi Group, Acquisition, SABMiller, Merger
Athletic brands continue to increase their share of what U.S. teenagers' spend on apparel, according to new research from the investment bank Piper Jaffray. Piper Jaffray's 31st semi-annual Taking Stock With Teens research survey found ...
Tags: Athletic brands, Piper Jaffray
The Kingdom of Tonga in the South Pacific Polynesian islands may benefit hugely from an increased demand for vanilla beans. Food manufacturers have been paying increasing amounts for vanilla over the past 12 months with costs particularly ...
Tags: Tonga, Madagascan Vanilla Disaster, Vanilla Reaps, Investment
The results from Dun & Bradstreet’s March Business Expectations Survey have highlighted a second consecutive decline in expectations, with businesses issuing subdued forecasts for the three-month period to June 2016, despite reporting ...
Tags: Dun&Bradstreet's March Business Expectations Survey, BEI
Middle East Food Solution Company (MEFSCO), a joint venture between Arabian Agricultural Services Company (Arasco) and Cargill, is planning to set up a plant to produce fructose, glucose and starch products in Saudi Arabia. In this ...
The move by the Government will see the current minimum wage upped from £6.70 per hour to £7.20 this month. But the news has our indie retail panel calling for a reassessment of 'already squeezed margins'. The livng wage ...
Tags: Touhub, The toy store, Kerrison store, Living wages
Adidas has officially assigned employment IDs to a trio of former Nike designers who left the swoosh company last year. According to a photo on Marc Dolce’s twitter page (@marcdolce) he, Denis Dekovic and Mark Miner were inducted ...
Tags: Adidas, Nike designers, Employment
Transilwrap Company, a manufacturer of specialty film products, has signed a letter of intent to acquire the specialty films business of US based Dow Chemical. Dow's specialty films business provides film solutions used in medical, ...
Tags: Transilwrap, Film products, Dow Chemical
Athletico Physical Therapy wraps up National Athletic Training Month (NATM), which ran through March, by demonstrate gratuity for athletic trainers. Athletico held fundraising events and public education programs with NATM to increase ...