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Industry News

  • ExxonMobil Adds 22,000 Acres to Permian Basin Holdings

    American oil and gas firm ExxonMobil has increased its Permian Basin portfolio by 22,000 acres since May, adding to its holdings in the area with a mixture of acquisitions and land trades, the Irving, TX-based multinational announced Wednesday. The move adds new resources to the firm’s...

  • Purina to Build $320M Production Plant and Distribution Site

    About 240 jobs will be created by a $320 million investment project announced by Nestle Purina PetCare Co. Wednesday to construct a new manufacturing plant and distribution center in Hartwell, GA. The planned facility is the first investment Purina has made in its U.S. production capabilities in...

  • Lindor Supplies Drum Mixers to Indian Snack Plants

    Mixing technology provider Lindor supplied four drum mixers to India’s largest manufacturer of sweets and snacks, Haldiram’s, for use in production of Namkeen, a snack traditionally consumed when drinking Chai tea. Produced from a number of ingredients including baked lentils,...

  • Cargill Enters Poultry Joint Venture in UK

    American agribusiness Cargill formed a joint venture with British food firm Faccenda Foods to form a new company serving UK retail and foodservice sectors with chicken, turkey and duck products, the Minneapolis-based company announced Monday. Joining Cargill’s existing fresh chicken business...

  • Cocoa Firm Barry Callebaut Wraps Up $25M US Expansion Effort

    Cocoa and chocolate manufacturer The Barry Callebaut Group recently finished a $25 million effort to expand production at its plants in American Canyon, CA and Chicago, the Zurich-based firm announced Tuesday. The company also debuted a new warehouse facility in Bethlehem, PA, bringing together...

  • Iowa Man Dies in Grain Engulfment Incident

    An 88-year-old man died on Monday after becoming trapped inside an Iowa grain bin and covered by corn, local news media organizations reported. The victim, Duane Walter of McGregor, IA, “entered the grain bin to break up some corn when he became completely submerged in the corn,”...

  • Columbia Grain to Build New Processing Plant in Montana

    Grain and crop exporter Columbia Grain plans to construct a new pulse crop processing plant near Plentywood, MT to take advantage of increased production of peas and lentils in the state, the Billings Gazette reported Sept. 22. The Oregon-based company is scheduled to hold a ground-breaking...

  • Unilever to Buy Skincare Firm Carver Korea for $2.6B

    International consumer products firm Unilever is moving to acquire South Korea’s fastest-growing skincare business, Carver Korea, and its brand AHC, in a transaction that positions the firm to strengthen its foothold in northern Asia and expand its Personal Care business, the company...

  • Conagra Brands to Acquire Ready-To-Eat Popcorn Brand

    Chicago-based Conagra Brands entered into a definitive agreement with equity management and investment firm TPG Growth to acquire the maker of Angie’s BOOMCHICKAPOP ready-to-eat popcorn Angie’s Artisan Treats LLC for an undisclosed sum, the Chicago-based food company announced Sept. 22...

  • HazMat Incident at DuPont Research Site Sends 18 to Hospital

    18 contract workers performing cleaning work at the DuPont Experimental Station in Wilmington, DE were hospitalized after the release of an unknown material Saturday morning. Contract workers were performing remediation work in a laboratory when they “discovered a rust-colored material...