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Industry News

  • Tyson Sheds Tortilla Maker Circle Foods to Ajinomoto

    Japanese-owned food company Ajinomoto Foods North America plans to purchase Tyson Foods Inc.’s Circle Foods business for about $48 million, expanding its offerings of Mexican food products. “Tyson Foods has entered an agreement with Ajinomoto Windsor to sell our Circle Foods operations...

  • Firmenich Opens Product Development Center in Thailand

    Flavors and fragrances maker Firmenich recently opened the Culinary Discover Center in Bangkok, Thailand to assist their customers in the development of new foods, including savory and sweet products, as well as beverages, the company announced Mar. 13. “This investment reflects South East...

  • ExxonMobil Mulls New Polypropylene Plant in Gulf Coast

    Oil and gas firm ExxonMobil recently commenced engineering work on a potential project that would expand its production of polypropylene in the U.S. Gulf Coast region, the Irving, TX-based multinational announced Tuesday. Company officials said they will make a final decision on whether to invest...

  • ADM Shuffles Structure of Business Units to Fuel Growth

    American agribusiness Archer Daniels Midland (ADM) announced Monday that the structure of its business segments is being realigned along four new pillars – Carbohydrate Solutions, Nutrition, Oilseeds, and Origination – to better reflect the company’s array of products and services...

  • Mettler Toledo Product Inspection Moves to New Facility

    The Product Inspection Group of Mettler Toledo, the largest manufacturer of product inspection systems for the food and pharmaceutical industries, has moved into a new state-of-the-art facility in Pasco County, FL. With 270,000 sq ft of office and manufacturing space, the group will now house four...

  • Siemens to Open $38M 3D Printing Factory

    Moving to increase its foothold in the burgeoning additive manufacturing industry, Siemens plans to open a new, advanced 3D printing factory in Worcester, England within the next five years, the German-owned company announced Monday. Over the next half decade, Siemens plans to invest £27...

  • CEO of Processing Equipment Firm GEA Group to Step Down

    The chief executive officer of processing equipment maker GEA Group Jürg Oleas told the chairman of the company’s supervisory board that he will not extend his term of office past Dec. 31, 2019, the company announced via press release Sunday. Aiming to create an opportunity for a...

  • LANXESS Opens New $8.6M Thermoplastic Compounding Line

    German specialty chemicals producer LANXESS recently commissioned a new thermoplastic specialty compound production line at its plant in Krefeld-Uerdingen, Germany, expanding the site’s capacity of high-performance compounds by 10,000 MT/yr., the company announced in a press release Thursday...

  • New Report on 2017 Dust Explosions Released

    237 combustible dust explosions and fires occurred around the world last year, injuring 163 people and killing 13, according to a new report by MyDustExplosionResearch.com, a website and community dedicated to combustible dust incident prevention, protection, and research. Of the incidents...

  • Conveyor Shipments in North America Hit Record in 2017

    Shipments of conveyor equipment hit a record level in 2017, increasing by 15.95% from $12.188 billion in 2016 to $14.038 billion last year, the Conveyor Equipment Manufacturers Association (CEMA) announced in a press release Wednesday. The organization estimates that orders for conveying equipment...