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Nestle Agrees to Pay $7.15bn to Sell Starbucks Products

May 10, 2018

Nestlé has agreed to acquire rights to market Starbucks consumer and foodservice products globally, outside of the latter’s coffee shops. This transaction provides Nestlé with a strong platform for continued growth in ...

Tags: Nestle, Starbucks Products

China's Latest Five-Year Plan Could Be Its Last

Feb 24, 2017

The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...

Tags: five-year plan, political economy

KBA-Sheetfed Reports Increased Revenue in First Nine Months of 2016

Nov 14, 2016

In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...

Tags: KBA-Sheetfed, good net liquidity

Agrana Expands Operations in South East Asia and India

Nov 11, 2016

Austrian-based Agrana Fruit has expanded its presence in the South East Asian region and India with new facilities and local partnerships. In Bangkok, the food company opened a new representative office along with a product development ...

Tags: Agrana, Agrana Fruit

McCain Foods Expands NB Facility

Jun 23, 2016

McCain Foods (Canada) announced a major investment in its Florenceville-Bristol French fry plant that will expand capability and create 40 to 50 new jobs. The company is adding a new production line to meet growing demands for hash brown ...

Tags: McCain Foods, potato products, hash browns

Peak Performance Grows Revenue 2.5 Percent

Sep 16, 2015

Peak Performance, Scandinavia's largest technical sports and fashion wear brand, generated revenue of DKK 953m ($154 mm) in the fiscal year ended June 30, up 2.5 percent from the prior fiscal year, or 4.1 percent in currency-neutral terms, ...

Tags: Peak Performance, technical sports, fashion wear

Mercedes-Benz Plans to Introduce The Company's First Pickup Truck by 2020

Mar 31, 2015

Mercedes-Benz is planning to introduce the company’s first pickup truck by 2020, and become the first premium manufacturer to produce a pickup truck under its brand name. According to the German automaker, the company is simply ...

Tags: Mercedes-Benz, Truck, Auto Parts

Sika's All Relevant Growth Targets for Full-Year 2014 Have Been Exceeded

Jan 14, 2015

Sika has reported record sales in every region and also says that all relevant growth targets for full-year 2014 have been exceeded. An above-average increase in net profit is expected for the business year 2014. In the fourth quarter of ...

Tags: emerging markets, Construction

Graco to Acquire The Stock of Pennsylvania-Based Hip Company for $160 Million

Jan 8, 2015

Graco Inc. has agreed to acquire the stock of Pennsylvania-based High Pressure Equipment (HiP) company for $160 million. The acquisition of HiP is subject to customary regulatory review and Graco expects to complete the transaction in the ...

Tags: critical applications, geographies, Construction

Anthony Pratt Helps Transform Food and Water Security in India

Nov 25, 2014

Australia’s Pratt and Israeli statesman Peres team together for India’s next food and water revolution Australian billionaire paper, packaging and recycling magnate Anthony Pratt has partnered with former Israeli President ...

Tags: water revolution, food revolution, Agriculture

Daimler AG Is Continuing Along Its Path of Profitable Growth

Jul 28, 2014

Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...

Tags: Daimler AG, profitable, Auto Parts

Pinnacle Foods' Q4, Full-Year 2013 Results Was Announced

Mar 10, 2014

Pinnacle Foods Inc. today reported double-digit growth in net earnings for both the fourth quarter and full year of fiscal 2013 ended December 29, 2013, achieving the top of its EPS guidance range. The Company also provided its outlook for ...

Tags: Pinnacle Foods, Food

Fonterra Is Set to Expand Slice-on-Slice Cheese Capacity at Its Site in Eltham, Taranaki

Feb 24, 2014

Fonterra, a New Zealand-based dairy co-operative, is set to expand slice-on-slice cheese capacity at its site in Eltham, Taranaki, with an investment of NZ$32m. The slice-on-slice cheese is primarily used in quick service restaurants for ...

Tags: Slice-on-Slice Cheese, Taranaki Plant

H.B. Fuller Company Reported Financial Results

Jan 20, 2014

H.B. Fuller Company reported financial results for the fourth quarter that ended November 30, 2013 and guidance for 2014: Items of Note for 2014 Guidance: Adjusted diluted EPS projected at between $3.00 and $3.15, an increase of 16 to ...

Tags: H.B.Fuller, Construction

ATA Hires Veteran Bruce Besancon to Fill The Role of Vice President of Marketing

Jan 16, 2014

Alliance Tire Americas Inc.'s new Vice President of Marketing Bruce Besancon was previously director of marketing, NA Earthmover Tires at Michelin. Alliance Tire Americas Inc. (ATA) announced its recent hire of tire industry veteran ...

Tags: Alliance Tire, Besancon

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