Revel Spirits is introducing both its brand, REVEL, and a new category of distilled liquor, Avila, made from 100% blue weber agave. Avila is also made from 100% blue weber agave—the same plant base as tequila—but grown in the ...
Tags: Revel Spirits, Distilled Liquor
Canada-based TC Transcontinental has acquired US flexible packaging supplier Multifilm Packaging for an undisclosed sum. Based in Elgin of Illinois, Multifilm provides flexible packaging solutions for the food, beverage, and confectionery ...
XPENG Motors has completed three rounds of series A+ financing and scheduled to disclose series B round in early 2018. He Xiaopeng, Chairman of XPENG Motors, announces that the company has completed three rounds of series A+ financing and ...
Tags: XPENG Motors, Alibaba
Chief executives from automotive industry are seeking urgent clarity from the UK Prime Minister Theresa may on Brexit. Executives from companies such as Jaguar Land Rover, McLaren, Bentley, Nissan, Honda, Toyota and BMW met with May to ...
Tags: automotive industry, automakers
Flagship Food Group is expanding its manufacturing and distribution facilities further in the Albuquerque region, creating a 76,000ft2 frozen food distribution warehouse to serve customers from coast to coast from a single point of ...
Tags: Flagship Food, Frozen Food
Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...
Kush Bottles has agreed to develop customized packaging for CannaKorp’s single use, pod based vaporizing system, CannaCloud. CannaKorp’s system has been dubbed the Keurig for Cannabis. It is led by various former Keurig ...
Tags: Kush Bottles, Vaporizing System
Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
Revere Packaging has acquired custom trays and container manufacturer Plastic Package for an undisclosed sum. The combined business will be headquartered in Shelbyville in the state of Kentucky. It will meet the current and future food ...
Tags: Revere Packaging, Package
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Samsung SDI has completed the construction of an electric vehicle (EV) battery plant in Hungary. Samsung SDI President Jun Young-hyun hosted a completion ceremony for the state-of-art electric vehicle (EV) battery plant scheduled to open ...
Tags: Samsung SDI, electric vehicle, battery
The Ellen MacArthur Foundation in partnership with leading global innovation firm NineSigma, announced the launch of the Circular Materials Challenge to make all plastic packaging recyclable. Solution providers are competing for up to $1 ...
Axalta Coating Systems, a supplier of liquid and powder coatings, has presented a campus talk at Universitas Indonesia, one of the leading universities in Indonesia. University speaking platforms provide a way for Axalta’s ...
Tags: Axalta Coating Systems, Coatings
Sedans have always held an important place in the automotive market, especially if it’s the Chinese market that we are speaking about. The world’s biggest automotive market, China, offers immense potential to automakers to ...
Tags: automotive market, BMW
At Semicon China 2017, executives at chip giant Intel, IC packager Advanced Semiconductor Engineering, equipment vendors ASML, Lam Research and Tokyo Electron (TEL), and nano-electronics research institute Imec talked about innovation to ...
Tags: IC, Semiconductor, IC Industry