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Industry News

  • Newson Gale Transfers Operations to IEP Technologies

    Newson Gale Inc. will be transferred into IEP Technologies and consolidated into the Explosion Protection Business unit of HOERBIGER Safety Solutions effective May 1, an IEP Technologies press release announced Wednesday. A part of the HOERBIGER Group since January 2016, the move of Newson Gale...

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  • Cargill to Exit from Cattle Feed Business

    Omaha, NE-based ethanol producer Green Plains Inc. will acquire Cargill’s two remaining cattle feed yards in Leoti, KS and Yuma, CO, signaling Cargill’s definitive exit from the cattle feed market. “Selling our last two remaining feed yards aligns with our protein growth focus by...

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  • Coca-Cola Plans to Cut 1200 Jobs Globally by 2018

    Responding to a dim growth outlook, the Coca-Cola Company plans to cut about 1,200 positions starting in the second half of 2017 through 2018 to reduce costs, numerous news organizations reported Tuesday. The soft drink and food manufacturing firm said the move will result in about $800 million in...

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  • Lamb Weston to Acquire Dutch Potato Processing Plant

    The European joint venture of Lamb Weston Holdings Inc., Lamb-Weston/Meijer v.o.f., entered into an agreement to acquire Oerlemans Food Netherland B.V.’s potato division, including a frozen potato processing plant in Broekhuizenvorst, Netherlands, a Lamb-Weston press release announced...

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  • Freeman Technology Opens Office in Japan

    Powder characterization specialist, Freeman Technology, continues to expand its global presence with the establishment of an operation in Japan and the appointment of Takashi Nishimura as product manager.   Based in Kobe City, Nishimura has over 10 years of experience working in the...

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  • U.S. Specialty Chemicals Markets Finish Strong First Quarter

    The American Chemistry Council (ACC) reports that U.S. specialty chemicals market volumes ended the first quarter on a strong note, rising 0.6 percent in March. This follows a similar 0.6 percent gain in February. Volumes have generally been moving up since May. All changes in the data are...

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  • Cargill Launches $12M Expansion of Cooked Egg Factory

    Cargill broke ground on a $12 million project to expand to its Mason City, IA cooked egg facility, adding 44 jobs at the site, the global agriculture firm announced Tuesday. The company’s decision to invest in the 11,700-sq-ft plant add on stems from the “popularity of the products...

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  • Bunge Acquires Argentinian Edible Oils Firm

    An agreement was signed between Bunge Southern Cone and Argentinian edible oils producer Aceitera Martinez S.A.to transfer the assets of edible oils producer Aceitera to Bunge, the company announced in a April 21 press release. “This acquisition allows us to strengthen our value-added...

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  • Tyson Foods to Acquire Meat Firm AdvancePierre Foods

    Tyson Foods entered into a definitive merger agreement with Cincinnati, OH-based producer of pre-portioned, ready-to-cook and fully cooked meat products AdvancePierre Foods Holdings Inc. that will strengthen the company’s position in the prepared foods segment, Tyson announced in a press...

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  • Ohio Pack to Build $25.4M Food Packaging Materials Plant

    A producer of raw material for flexible packaging used in the food industry, Ohio Pack LLC, plans to build a new, $25.4M blown plastic film manufacturing plant in Heath, OH, the economic development organization of the Columbus, OH region, Columbus 2020, announced via press release Monday. “...

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