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  • Caterpillar Cut 14,000 Jobs from Workforce in Past Year

    Caterpillar Inc. has cut more than 14,000 positions globally since the third quarter of 2015 as the faltering global economy drives down profits, according to the company’s third-quarter report issued Tuesday. “Economic weakness throughout much of the world persists and, as a result,...

  • Cargill Opening Philippines Feed Premix Production Site

    Global animal nutrition leader Cargill announced the initiation of construction on a new premix feed solutions manufacturing facility in Malolos, Philippines to serve medium to large livestock farms and feed millers in the country on Tuesday. The site, which will be Cargill’s fifth animal...

  • Ashland Opens Pharmaceutical Excipient Production Facility in China

    Commemorating the opening of a new pharmaceutical excipient facility, senior leaders at Ashland cut the ribbon at the start of a new production line in Nanjing, China, fulfilling a pledge to produce its world-class excipients in Asia.   Demand for polymer excipients, the substances...

  • Kraft Heinz Adds Dewan to Board of Directors

    The Kraft Heinz Co. announced the election of Feroz Dewan to its board of directors. Dewan, 40, is the CEO of Arena Holdings Management, a global investment business. Previously, he served in a series of positions with Tiger Global Management, an investment firm focused on public and private...

  • MG America Enters Tablet Press Market

    MG America, the U.S. subsidiary of MG2 of Bologna, Italy and a leading supplier of processing and packaging equipment, has become a distributor in the U.S., Canada, and Puerto Rico for a line of tablet presses from Germany-based machinery manufacturer kg-pharma. The new relationship marks MG...

  • DuPont Develops New Conveyor Belt for Food with Esbelt

    A recent collaboration between DuPont Performance Materials and Spanish conveyor equipment maker Esbelt resulted in a new conveyor belt for the food industry that uses a DuPont thermoplastic elastomer to improve metal and x-ray food contamination detectability. DuPont’s Hytrel TPC-ET...

  • Schneider Electric Acquires Online Process Analyzer Firm

    Energy management and automation company Schneider Electric acquired Applied Instrument Technologies Inc. (AIT), an Upland, CA-based provider of online process analyzers for the hydrocarbon, petrochemical, chemical, pharmaceutical, and steel industries, the companies announced by press release...

  • Market for Advanced Composites to Reach $33B in 2024

    The global market for advanced composites, increasingly used as strong, lightweight alternatives to metals in automotive and maritime industries, is expected to total $33.44 billion by 2024, posits a new report by market insights firm Grand View Research Inc. The automotive and maritime sectors,...

  • Raytheon to Build Air Force Jet Facility in Mississippi

    If the U.S. Air Force approves Raytheon Company’s proposal to manufacture the service’s T-100 Integrated Air Training System jets, the defense contractor announced Monday that it will construct a final assembly and check out facility for production in Meridian, MS. “Our process...

  • OSHA Fines Paper Company $68K after Bag Machine Amputation

    The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited the AJM Packaging Corp. facility in Folkston, GA on Oct. 18 for one repeated safety violation after a worker’s finger was partially amputated this July, the agency announced Thursday. OSHA is...