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Industry News

  • MoistTech Corp. Relocates Corporate Headquarters

    Moisture measurement and testing technology firm MoistTech Corp. announced plans Monday to relocate its corporate headquarters in Sarasota, FL to a larger facility in the city. The new, 8000-sq-ft headquarters in Sarasota will feature more office space than the previous site, as well as additional...

  • Ross Celebrates 10 Years in India

    Ross vice president of corporate operations Joseph Martorana is proud to announce the 10-year anniversary of Ross Process Equipment (RPE), the U.S.-headquartered mixer manufacturer’s operations in Pune, India. RPE produces tumble blenders, ribbon blenders, planetary mixers, multi-shaft mixers...

  • Foreign Investment in India’s Food Processing Sector Tops $10B

    As India prepares to hold a massive exhibition to promote its burgeoning food industry to investors and companies around the world, Union Minister of Food Processing Industries Harsimrat Kaur Badal said Monday that the country’s food processing sector has secured $10 billion in foreign...

  • Bayer Sheds Crop Science Business to BASF for $6.9B

    Working proactively to clear potential regulatory hurdles in its acquisition of Monsanto, German life sciences firm Bayer AG entered into an agreement with BASF to shed its Crop Science business, the firms announced in separate press releases Oct. 13. The cash transaction’s price totals...

  • Silo Fire at Nut Processing Site Causes $300K in Damages

    A fire in a three-story silo on Saturday night caused $300,000 in structural damages to the Wonderful Pistachios and Almonds LLC nut processing facility in Lost Hills, CA, but first responders and employees were able to prevent millions of dollars in damages to the rest of the site, the Kern County...

  • Hostess Brands CEO to Retire

    Bill Toler, Hostess Brands Inc. president and chief executive officer, has informed the company that he plans to retire March 1, 2018 or sooner if a replacement is appointed. He will remain on the company’s board of directors. “On behalf of the board and management team I would like to...

  • ADM Expands in China with New Feed Premix Plant Opening

    American agribusiness Archer Daniels Midland held a ribbon cutting ceremony Thursday to mark the opening of its new feed premix plant in Zhangzhou, China, the Chicago-based company announced via press release. One of four feed plants in China operated by ADM in China, the plant has a capacity of...

  • Arkema-Owned Bostik Opens New Adhesives Plant in India

    International adhesives firm Bostik held a ceremony on Oct. 11 to mark the inauguration of its new adhesives plant in Gujarat, India that will produce advanced hot melt pressure sensitive adhesives (HMPSA), a company press release announced. “We are very pleased to expand our presence in...

  • Silo Explosion at Maine Farm Injures Three Workers

    A mixture of dust and sulfur ignited in an empty silo at a Detroit, ME farm Wednesday, causing an explosion that left three men injured, the Associated Press and numerous local media outlets reported. Two men, identified as 62-year-old Anthony Towers and Clarence Rider, 36, were atop the 86...

  • ExxonMobil to Expand N.J. Research and Engineering Center

    Energy company ExxonMobil announced Friday that it recently broke ground on a project to expand its Clinton, NJ research and engineering center, offering the company greater opportunities to conduct R&D. “The expansion of our New Jersey research and engineering center will improve...