Multivac Sepp Haggenmüller has acquired a 49.9% stake in meat equipment manufacturer TVI Entwicklung und Produktion based in Irschenberg, Germany for an undisclosed price. The German food packaging company, which has global ...
Tags: Multivac, Meat Equipment
Linx Printing Technologies has selected packaging equipment supplier Multicheck as its distributor for Denmark. The deal allows Linx to expand its operations in the Scandinavian region. Multicheck will distribute the company's range of ...
Worldwide shipments of traditional PCs (desktop, notebook, and workstation) totaled 70.2 million units in the fourth quarter of 2016, posting an on-year decline of 1.5%, according to the IDC Worldwide Quarterly Personal Computing Device ...
Worldwide spending on robotics and related services will more than double by 2020, growing from US$91.5 billion in 2016 to more than US$188 billion in 2020, according to the newly updated Worldwide Commercial Robotics Spending Guide from ...
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Finland's Supreme Administrative Court has upheld a decision to impose a fine of €70m on dairy giant Valio for abusing its dominant market position in the domestic milk market. With the decision, the court has ended a long legal ...
Tags: Finland, Lowering Milk
Canadian firm Pure Hothouse Foods has selected Solidus Solutions' solid board enriched with tomato plants fibers for packaging its recently launched Cloud 9 snacking tomato brand with high-flavor tomato. UK-based manufacturer of solid ...
Tags: Packaging, Pure Hothouse Foods
December 19, 2016, Qingdao, Shandong West Coast New District and SINOTRUK held a new energy commercial vehicle project signing ceremony, marking another high-end, new manufacturing project successfully settled in Qingdao. SINOTRUK plans to ...
Tags: SINOTRUK, New Energy CV
Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
German conglomerate BASF opened a new technical application laboratory for its nutrition and health business in Singapore to bolster its research and development footprint in the region. Located at Singapore Polytechnic and named as ...
Tags: functional foods, beverages
Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF
US-based R-V Industries (RVII) has acquired Genesis Packaging Technologies for an undisclosed sum. Based in Exton of Pennsylvania, Genesis specializes in the science and technology of pharmaceutical vial processing and residual seal force ...
Tags: R-V Industries, Genesis Packaging
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
S&W Seed Company announced it has received a trademark for the use of the brand name Kandi Leaf stevia. The trademark will be applied on S&W's unique stevia lines bred for enhanced flavor characteristics and marketed for the fresh and dry ...
Tags: S&W Seed, Leaf Stevia
CTI Industries, a manufacturer and marketer of foil balloons, vacuum sealing systems, latex balloons, printed and laminated films, and home organization products, will purchase two new foil balloon converting machines. The machines are on ...
Tags: CTI Industries, foil balloons