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Industry News

  • Sorting Equipment Maker VanRiet to Open U.S. Plant

    Dutch manufacturer of automated transport and sorting equipment VanRiet Material Handling Systems plans to open a new manufacturing site in Atlanta, Georgia, creating about 70 new jobs as the company positions itself to expand in the U.S. market, the Georgia Department of Economic Development (...

  • Hostess Expands Breakfast Portfolio with Acquisition

    American packaged food firm Hostess Brands Inc. said a planned acquisition of some of ARYZTA LLC’s U.S. breakfast food portfolio is nearing completion, the Kansas City, MO company announced in a Feb. 1 press release. The purchase will include ARYZTA’s Chicago Cloverhill bakery site,...

  • Four Dead in Massive Chemical Plant Explosion

    Four people were killed and six other injured in a massive chemical plant explosion at the Jinshan Chemical Plantin in eastern China Saturday morning, according to a Chinese news agency. The explosion occurred during maintenance, just before 11am. Emergency crews extinguished the fire and...

  • USDA Debuts New Commodities Price Data Platform

    A new market price data platform for the commodities industry, Market Analysis and Reporting Services (MARS), was introduced by the U.S. Department of Agriculture (USDA) Agricultural Marketing Service (AMS) on Jan. 31, providing a new customer-centric method to access data on commodities prices....

  • Cargill Taps Former Chevron Exec for Board of Directors

    A former chairman and chief executive officer of American energy firm Chevron Corporation, John Watson, was recently elected to the board of directors at Cargill and officially assumed the role on Thursday. “We are delighted to welcome John to the Cargill board,” said David MacLennan,...

  • Lindt Plans $32.2M Expansion of Cocoa Mass Plant

    Chocolate and confectionery manufacturer Lindt & Sprüngli Schweiz AG plans to invest CHF 30 million, or about $32.2 million, in an expansion of the Lindt Cocoa Center in Olten, Switzerland, a production site for cocoa mass for the firm’s European chocolate plants. Lindt’s...

  • TreeHouse Foods to Shutter Cereal Plant in Michigan

    Private label food and beverage manufacturer TreeHouse Foods Inc. announced plans to close its ready-to-eat cereal plant in Battle Creek, MI in a press release Wednesday after the firm decided that continuing to operate the plant “would not be economically viable.” Production at the...

  • Pfizer to Inject $5B into U.S. Manufacturing Operations

    Drug maker Pfizer plans to invest $5 million in capital projects that will bolster its U.S. operations, including improvements to the firm’s manufacturing footprint, the company announced in a release of its full-year results for 2017 on Jan. 30. Company officials attributed the decision to...

  • Bunge Acquires U.S. Corn Masa Milling Business

    St. Louis, MO-based agribusiness Bunge North America recently acquired the Minsa Corporation, a U.S. subsidiary of Mexican firm Grupo Minsa S.A.B. that produces corn masa, a main ingredient in tortillas and other Latin foods, a Jan. 30 press release announced. Bunge’s announcement called...

  • Storage Silo Explodes at Nut Shelling Plant in Georgia

    Officials are working to determine the cause of a storage silo explosion at the South Georgia Pecan Company nut shelling plant in Valdosta, GA on Wednesday afternoon, numerous local news organizations reported. Fire and police personnel responded to the plant after loud sounds were heard at about...