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Industry News

  • Mondelez Int’l President of North America to Step Down

    Roberto Marques will step down as president of Mondelez International’s North America business, sending the company into search mode for a new successor to lead firm’s efforts in the region, Mondelez announced by press release Tuesday. Tim Cofer, Chief Growth Officer, will serve as...

  • Smico Companies Hires Fergus Keane

    Erick Heald, owner of Smico Companies, Smico Screens, Symons Screens, and A & J Mixing Co, one of the largest equipment manufacturers in North America, announces that Fergus Keane has joined the company as vice president of sales and marketing. In this position, Fergus will work with...

  • U.S. Cereal Firm to Acquire U.K.’s Weetabix in $1.76B Deal

    St. Louis, MO-based Post Holdings Inc., the producer of Cocoa Pebbles and other popular American cereal brands, will acquire British breakfast cereal firm Weetabix Ltd in a $1.76 deal, major U.S. and international business news organizations reported Monday. The planned purchase of the British...

  • Engineers Devise Method to 3D Print Martian Dust Structures

    Space travelers looking to colonize extraterrestrial worlds may use knowledge gleaned from research recently published by a team of engineers at Northwestern University that demonstrates a new method to 3D print structures using faux Martian and Lunar dust. Using NASA-approved material that...

  • Rising Demand for Seafood to Drive Aquafeed Market to 2022

    Growth in demand for seafood is expected to drive the value of the aquafeed market to a value of $172.56 billion by 2022, growing at a compound annual growth rate (CAGR) of 9.9% from an estimated market of $107.82 billion in 2017, according to new research from business insights firm Markets and...

  • Firm Installs Equipment at Alberta Hemp Processing Plant

    Canadian firm Hempco Food and Fiber Inc. began installation of processing equipment for hemp seed food, hemp-based nutraceuticals, and hemp fiber at its new processing plant in Nisku, AB, the company announced by press release Monday. Local officials approved the firm’s development permit,...

  • Ashland to Acquire Ingredients Firm Pharmachem for $660M

    A definitive agreement to purchase global ingredients firm Pharmachem Laboratories Inc. for $660 million was signed by Ashland Global Holdings Inc. on Monday, Covington, KY-based Ashland announced by press release. "The acquisition of Pharmachem offers a number of exciting growth...

  • Firm Inaugurates $4.8M Egg Processing Plant in Vietnam

    The Ba Huan Company opened a $4.85 million chicken egg processing plant in Vietnam’s Phuc Tho district, Hanoi on April 15, the company’s first facility of this type in the country’s north, the English language version of the Communist Party of Vietnam Party Committee’s...

  • Man Dies While Operating Baler in Packaging Plant Accident

    A 51-year-old worker was killed in an accident on the evening of April 12 while operating a baler at the ISOFlex Packaging plant in Nashville, TN, numerous news media outlets reported. “Evans, 51, was operating a baler inside the plant when it became full.  During an effort with a co-...

  • New CSB Paper Asserts Chemical Safety is “Good Business”

    As its future under the administration of President Donald J. Trump remains unclear, the U.S. Chemical Safety Board (CSB) issued a six-page paper Friday outlining the financial impacts of four major agency investigations to show that chemical safety is “good for business.” The agency...