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Industry News

  • Cargill to Purchase Brazilian Cattle Feed Firm Integral

    American agribusiness Cargill said it entered into an agreement to acquire the Brazilian cattle feed maker Integral Animal Nutrition in a press release Friday. Terms of the transaction were not disclosed. The company said its move to acquire Integral will increase its Free Choice Mineral and...

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  • Mondelez Names New Head of North America Business

    A former Coca-Cola executive is joining Mondelez International as the new head of the snack giant’s North America business, a company press release announced on Wednesday. Overseeing major brands like Oreo cookers, Triscuit crackers and Trident gum, 49-year-old Glen Walter will become...

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  • Danone Invests $60M in Plant-Based Beverage Factory Expansion

    French multinational food and dairy firm Danone plans to invest $60 million in an expansion of the company’s Mount Crawford, VA facility to increase the site’s production capacity for plant-based beverages and add on warehouse space, Virginia Gov. Terry McAuliffe announced in a Oct. 18...

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  • Fire Ignites in Dryer System at Cargill Corn Milling Plant

    Fire crews worked for several hours on Wednesday to knock down a dryer system fire at the Cargill corn milling plant near Wahpeton, ND, the Wahpeton Daily News reported. Members of the Dwight Fire Department responded to the scene at about 8 a.m., finding the fire had spread from the equipment...

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  • LyondellBasell Reveals Plans for New $2B Chemical Plant

    International chemicals and refining firm LyondellBasell is mulling over potential plans to build a new, $2 billion chemicals and polypropylene production plant in the U.S. Gulf Coast region, the firm’s chief executive officer told the Houston Chronicle in an article published Wednesday. The...

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  • Fire Forces Evacuation of Unilever Ice Cream Plant

    A fire broke out at a Unilever ice cream production plant in Covington, TN on Tuesday, prompting the evacuation of several hundred workers while firefighters worked to extinguish the flames, the town’s mayor told local media. The fire is thought to have started in a production area, igniting...

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  • Pilgrim’s Pride Moves to Close Minnesota Processing Plant

    Poultry firm Pilgrim’s Pride Corporation plans to shutter its processing plant in Luverne, MN this December as part of the Brazilian-owned company’s efforts to make its production operations more efficient and further synergies within its footprint. “The Pilgrim’s team...

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  • U.S. Demand for Stretch Film Forecast to Hit $2.7B in 2021

    Demand for stretch film in the United States is anticipated to reach $2.7 billion by 2021, growing at a compound annual growth rate (CAGR) of 3.7% from now until the end of the period, according to a new report by Cleveland, OH-based market research firm The Freedonia Group. Advancements in...

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  • Investment Firm Buys Specialty Chemical Maker Blue Grass

    Global private investment firm Signet LLC is purchasing New Albany, IN-based contract specialty chemicals manufacturer and toll producer Blue Grass Chemical Specialties LLC, a Signet press release announced Monday. “We are actively pursuing specialty manufacturing opportunities in high-...

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  • Motion Industries Acquires Belting and Hose Maker Apache

    Maintenance, repair, and operation replacement parts distributor Motion Industries Inc. is acquiring Cedar Rapids, IA-based manufacturer of industrial hose and belting solutions Apache Hose & Belting Company Inc., the company announced in an Oct. 19 press release. “Apache is a pemier...

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