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Ardo Buys Majority Stake in VLM Foods

Sep 8, 2017

Ardo has acquired a majority stake in VLM Foods, a supplier of processed food in North America. Besides VLM Foods, the deal includes a controlling stake in Compañia Frutera La Paz S.A., Costa Rica’s largest frozen pineapple ...

Tags: Ardo, VLM Foods

IBM, Food Giants Form Blockchain Collaboration to Trace Food Contamination

Aug 28, 2017

Technology giant IBM has collaborated with food giants across the globe over a blockchain solution in an effort to reduce food borne illness and get rid of food contamination. The consortium includes food companies Dole, Driscoll’s, ...

Tags: food contamination

UPM Introduces Magazine Paper for CSWO Printing

Jul 18, 2017

UPM-Kymmene has launched a SC paper custom-developed for coldset web offset printing. UPM Impresse plus C is claimed to offer a smooth, glossier finish and magazine-quality which is ideally suited for CSWO printing. The company says ...

Tags: CSWO printing, Plywood

Rip IDF -- Intel Has Canned Its Annual Developer Forum

Apr 19, 2017

Intel has announced it will no longer hold its annual Intel Developer Forum, after almost 20 years of hosting the popular event. The company said in a short statement on its website that the event has been "retired" with immediate effect, ...

Tags: Intel, CPU

UK's Tamar Packaging Solutions Invests in Edale's Carton Press

Mar 28, 2017

UK-based Tamar Packaging Solutions has purchased Edale 7-color FL5-510 carton press in a bid to improve its operational efficiency. The carton press with combination drying is being installed at Tamar's food contact packaging facility, ...

Tags: Tamar Packaging, Packaging

Chinese Sports Industry Was Booming in 2016

Dec 26, 2016

Keeping up a sound and steady pace of development, the Chinese sports industry was booming in 2016 as investors tried to cover a wider range of business, while finding new engines to drive growth. Policy-oriented industry China's State ...

Tags: Sports Industry, outdoor sports

SpartanNash to Buy Caito Foods Service for $217.5m

Nov 10, 2016

SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...

Tags: SpartanNash, Caito Foods

NBC Universal Consumer Products Welcomes eOne's Hannah Mungo

Oct 11, 2016

The firm has reshuffled its top execs as it welcomes Jonathan Baker to the role of vice president of consumer products. NBC Universal Brand Development has named Jonathan Baker as its new vice president, EMEA NBC Universla consumer ...

Tags: NBC Universal, Hannah Mungo, eOne

Apple Previews iOS 10, the Biggest iOS Release Ever

Sep 30, 2016

Introduces Massive Update to Messages, New Home App, All-New Photos, Music and News & Opens Siri, Maps, Phone and Messages to Developers San Francisco — Apple today previewed iOS 10, the biggest release ever of the world’s ...

Tags: iOS 10

Hansol Paper Plans to Reduce Debt for New Investment

Aug 3, 2016

South Korea’s paper manufacturer Hansol Paper will speed up deleveraging effort to improve financial state that includes rights offering to be able to afford to venture into new areas for growth. Debts shot up as the company shifted ...

Tags: Hansol Paper, Paper

Moderate Australian Hiring Intentions Reflect Employer Resilience

Jun 21, 2016

The latest Manpower Employment Outlook Survey results show that the steady increase in hiring intentions in Australia will continue into the third quarter of 2016. Of the 1,500 public and private employers surveyed, 13 per cent indicated ...

Tags: Manpower Employment, hiring intentions

Olam Acquires Brooks Peanut Company for $85m

Jun 12, 2016

Olam International has acquired a 100% stake in Brooks Peanut Company for $85m. Brooks, which was established in 1959, is based in Samson, Alabama. It is currently the sixth largest peanut sheller in the US. The company processes about ...

Tags: Olam International, Brooks, peanut

Wheat Researcher Says Stem-Rust Disease Is Spreading

Mar 21, 2016

WASHINGTON (FERN's Ag Insider) - This week, the Bill & Melinda Gates Foundation announced a $24 million grant to Cornell University, funding a global wheat research group, known as Delivering Genetic Gain in Wheat. The aim is to develop new ...

Tags: Stem-Rust Disease, Wheat

Campbell Soup to Invest $125m in Venture Capital Fund to Invest in Food Startups

Feb 19, 2016

Campbell Soup is launching a $125m venture capital fund, Acre Venture Partners, to invest in food startup companies, seeking new areas of interest for growth. The company will be the limited partner in the new venture capital fund and ...

Tags: Campbell Soup, Food Startups

Technavio Profiles Top-Four Vendors in Packaged GaN LED Market for 2016-2020

Feb 18, 2016

In its report 'Global Packaged Gallium Nitride (GaN) LED Market 2016-2020' – which forecasts a compound annual growth rate (CAGR) of more than 5% – market research firm Technavio has profiled the top four leading vendors (Cree ...

Tags: GaN LED, LED Market

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