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Industry News

  • Tank Holding Announces New CEO

    Tank Holding Corp. has introduced Greg Wade as the new Chief Executive Officer of the company, which includes major polyethylene tank manufacturers Norwesco and Snyder Industries, effective May 1st, 2018. Prior to Mr. Wade’s appointment, the company was led by Co-CEOs, Tom O’Connell...

  • Contract Worker Injured in Texas Asphalt Plant Explosion

    A contract worker was injured after a storage tank exploded at a Texas asphalt plant Monday afternoon while he was performing demolition work on an adjacent tank. Contractors were using a blow torch to take down an asphalt storage tank when a neighboring tank exploded. A man fell 30 feet into a...

  • Nestle Purina Cuts Ribbon on New $120M Pet Food Plant

    Swiss food and beverage giant Nestle announced the opening of a new, $120 million Nestle Purina pet food plant in Teno, Chile on Wednesday as the company looks to expand its positon in the dry dog and cat food market in the country and the Latin American region. “We are extremely proud of...

  • P&G Takes on Merck’s Consumer Health Division for $4.2B

    Seeking to expand its position in the over-the-counter (OTC) health products, the Procter & Gamble Company (R&G) signed an agreement with Merck to acquire the German firm’s Consumer Health division, Cincinnati, OH-based P&G announced in a press release Thursday. “The...

  • Cargill to Open $10M Corn Bulk Storage Facility in India

    The Indian subsidiary of American agribusiness Cargill plans to open a new, $10 million corn storage facility in Karanataka, India next month located adjacent to the firm’s recently-constructed wet corn milling plant, company officials told The Hindu Business Line. “While the state-of-...

  • Krohne to Feature Non-Contact Radar Instrument at Powder Show

    Krohne Inc. will highlight the Optiwave 6400 non-contact radar instrument for accurate measurement of solids levels, at Booth 2810 at the Powder & Bulk Solids Conference & Exhibition, April 24-26, 2018, at the Donald E. Stephens Convention Center, in Rosemont, IL. Also on display is the...

  • Freeze-Dried Foods Firm Breaks Ground on $25M Factory

    Freeze dried food products producer OFD Foods broke ground on a new, $25 million manufacturing plant in Henrietta, NY on Thursday at a ceremony attended by company representatives and state and local officials, Empire State Development announced in a press release. The 50,000-sq-ft plant will...

  • Key Technology Expands Manufacturing Facility

    Key Technology, a member of the Duravant family of operating companies, announces the completion of its facility expansion in Beusichem, the Netherlands. The upgrade increases Key’s production capacity at this location by 50 percent and features larger cranes with greater lifting capabilities...

  • Explosion, Large Fire Reported at Texas Refinery

    An explosion rocked a Texas refinery on Thursday afternoon, causing flames over 100 ft high and a thick plume of smoke to develop over the facility. Fire crews responded to the Valero Energy site in Texas City, TX at about 5 p.m., and brought the flames under control by 6:30 p.m., Texas City...

  • Kent Foods Buys Ingredients Firm from Real Good Food

    London-based Real Good Food plc recently entered into an agreement to sell a company within its Food Ingredients portfolio to Kent Food Limited, though it expects to incur a “modest loss” from the sale, an April 13 company press release announced. Kent will acquire the Garrett...