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Industry News

  • DuPont Awards Grants to Eight University Research Leaders

    DuPont has named eight young faculty members to its 2016 Class of DuPont Young Professors. Recognizing promising research talent, the company will provide this group of international faculty with more than $350,000 during the next two years to support their research that advances basic science...

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  • Ross Opens 250,000-Square-Foot Manufacturing Facility

    Charles Ross & Son Co. vice president of corporate operations Joseph Martorana announced the successful completion of the largest Ross manufacturing facility to date. Ross Wuxi Equipment, the company’s wholly-owned subsidiary in China, officially moved into its new 250,000-sq-ft home...

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  • Nestlé Breaks Ground on New Manufacturing Facility

    Continuing the investments it has made in Sri Lanka over the years, Nestlé reached another milestone by laying the foundation stone of a new manufacturing facility at its factory in Pannala, Kurunegala, as a commitment to strengthen the local dairy and coconut industries. His excellency...

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  • Nestlé to Acquire Instant Coffee Company

    Nestlé SA announces that it has signed an agreement to acquire Caravan Marketing Co. SAE (CMC), a leading Egyptian instant coffee company owner of the Bonjorno brand. The acquisition reflects Nestlé’s ambition to invest in Egypt and foster the development of the rapidly...

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  • P&G Makes Zero Manufacturing Waste Pledge

    Procter and Gamble (P&G) said it will invest in recycling and reuse programs at all of its global production sites to “eliminate” manufacturing waste from its operations by 2020, the Cincinnati, OH headquartered company announced Wednesday. “We are accelerating progress...

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  • Kellogg Co. Names New CFO

    Fareed Khan will join Kellogg Co. February 17, 2017 and will be named as chief financial officer (CFO) and principal financial officer the day after the company's 10-K is filed. Khan will succeed current CFO Ron Dissinger, who will remain with the company in 2017 to ensure an orderly...

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  • Philippines Gov’t to Build Economic Zone for Food Firms

    The Republic of the Philippines Department of Trade and Industry (DTI) announced Tuesday that its investment arm, the Board of the National Development Company (NDC), approved plans for development of the Davao Food Complex, intended to serve as an economic zone for food-related industries. The 25...

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  • ADM to Acquire Pet Food Manufacturer Crosswind Industries

    The animal nutrition business of Archer Daniels Midland (ADM) is set to expand after the company signed an agreement to acquire Kansas-based manufacturer of pet food and treat products Crosswind Industries, the Chicago headquartered company announced Wednesday. “The global pet food industry...

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  • Land O’ Lakes Inc. Names New Executive VP of Dairy Foods

    A former Cargill executive is joining Land O’ Lakes Inc. as the executive vice president of the company’s dairy foods business, the Arden Hills, MN company announced Thursday. Chris Roberts, who formerly served as president of Cargill’s Value Added Proteins division, will assume...

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  • Conveying Equipment Orders Soar in November

    The Conveyor Equipment Manufacturers Association (CEMA) reported that its November 2016 booked orders increased 32.8% when compared to November 2015 orders. When compared to October 2016, November 2016 booked orders were up 18.9%. November booked orders were down 5.5% for Bulk Handling...

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