German technical and decorative plastic materials firm Benecke-Kaliko has kicked off work for construction of a new 7,000 square metre unit near its plant in San Luis Potosi, Mexico, for producing Tepeo and Tepeo 2 foils for automotive ...
Tags: Benecke-Kaliko, New Mexican Unit
Smithfield Foods, a subsidiary of WH Group, has divested its 37% stake in Campofrio Food Group to Mexican firm Alfa for $354m. Based in Spain, Campofrio offers processed and canned meat, derivatives from pork and beef by-products, and ...
Grupo Modelo, an arm of beverage major Belgium-based Anheuser-Busch InBev, will pump in $325m in two plants in Yucatan, Mexico, including an aluminum beer-can unit. The cans manufactured at the new unit will replace those being currently ...
Tags: Grupo Modelo, Packaging
Duff Beer, the iconic fictional beer adored by the lead character of Homer from the popular American cartoon series 'The Simpsons', is all set for global release. Thouh the drink has been sold in various versions besides being the ...
Tags: Duff Beer, iconic fictional beer
Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
TreeHouse Foods has recorded first quarter earnings of $0.41 per fully diluted share when compared to $0.38 per fully diluted share reported for the first quarter of 2014. The Company reported adjusted earnings per share in the first ...
Tags: TreeHouse Foods, Q1 Results
Driven by redemption of $0.5 billion of preferred securities in December 2014, net income at NYSE listed Kimberly-Clark (K-C) was knocked down by 35.71 per cent year on year in the first quarter ended March 31, 2015. According to a K-C ...
Tags: Kimberley Clark, Q1 Net Income
Ford Motor is reportedly looking to invest around $2.5bn at its plants in Chihuahua and Guanajuato in Mexico. As part of the plan, the company will spend $1.3bn at Chihuahua plant to build two new diesel engines, which will create ...
Tags: Ford Motor, gasoline engine
French drinks group sale of icts Mexican RTD brand Caribe Cooler to Grupo Bepensa. The deal amount has not been revealed, reports The Spirit Business. Mexico-based conglomerate Bepensa had agreed to acquire the RTE brand in December ...
Tags: RTE brand, wine cooler, Food
Toyota Motor is planning to invest around CNY150bn ($1.3bn) to set up two new car plants in Mexico and China, marking an end to the three-year freeze to expansion plan. Reuters reported citing two people familiar with plans that the ...
Tags: Toyota Motor, annual production, Auto Parts
Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food
Pitch Black, Death Poker and Calavera unveiled. Cartamundi has unveiled a trio of lifestyle-branded playing card decks aimed at an older audience. Pitch Black, Death Poker and Calavera are aimed at the teenage and young adult market and ...
Tags: Pitch Black, Calavera deck, Toys
Ram Truck has unveiled Texas Ranger concept truck to commemorate the company’s partnership with Texas Ranger Hall of Fame and Museum and the law-enforcement agency. The company has given the truck a Texas Ranger badging design which ...
Tags: Ram Truck, Texas Ranger, Auto Parts
General Motors is reportedly planning to build its next-generation Chevrolet Cruze at Coahuila plant in Mexico. The company is also planning to invest $350m for the production of the next generation small car, reported Reuters. ...
Tags: Motors, Chevrolet, Auto Parts
Toyota is planning to construct its first passenger car assembly plant in Mexico, which will produce Corolla compact sedan. Reuters cited sources familiar with the matter as saying that the company is waiting for the approval of its board ...
Tags: Passenger Car, Corolla, compact sedan