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Industry News

  • National Assn. of Manufacturers Names New Board Members

    The National Association of Manufacturers (NAM) announced Tuesday that David Farr, chairman and chief executive officer of Emerson was named chair of NAM’s board of directors and David Seaton, chairman and chief executive officer of the Fluor Corporation, was appointed as the board’s...

  • China Sets Record for US Direct Investments in 2015

    Direct investment by China in the United States set a record high of $8 billion in 2015, with the American manufacturing sector seeing the biggest influx of capital, according to research by China’s Ministry of Commerce, the National Bureau of Statistics, and the State Administration of...

  • Golden Peanut Completes Warehouse Equipment Upgrade

    Subsidiary of Archer Daniels Midland (ADM), Golden Peanut and Tree Nuts has completed an equipment upgrade at its Vienna, GA warehouse to boost the speed of unloading product and improve the quality of its products, ADM announced by press release Monday. “We’re pleased to have...

  • Monsanto, Dow AgroSciences Form Genome Editing Agreement

    The world’s largest seed provider, Monsanto Company announced Monday that it has signed a licensing agreement with Dow AgroSciences LLC on Monday to license Dow’s EXZACT Precision Technology Platform used for genome editing of agricultural crop varieties. The St. Louis-based...

  • Bunting Magnetics Appoints CFO

    Bunting Magnetics Co., a leader in magnet and magnetic equipment design, manufacturing and distribution, announces the appointment of Steven Peiffer as the company’s chief financial officer. Peiffer brings more than 10 years of experience, including an extensive background in accounting...

  • US Biobased Product Industry Generated $393B in 2014

    A new report issued by the U.S. Department of Agriculture (USDA) found that the biobased products industry in the United States generated $393 billion in 2014 and contributed 4.2 million jobs to the country’s economy, the agency announced at an event at the National Press Club in Washington D...

  • Bühler Opens Rice Processing Equipment Plant in Vietnam

    Swiss industrial and processing technology and solutions provider The Bühler Group opened a rice processing equipment factory in the Long An province of Vietnam on Sept. 29, the company announced by press release. “Considering Vietnam’s position as one of the leading global rice...

  • Chinese Composite Materials Firm Opens Texas Facility

    PGTEX, a Chinese producer of advanced materials, fabrics, and composites for the wind energy industry, has established its first North American manufacturing facility in El Paso, TX, local news publication El Paso Inc. reported Monday. Founded in 1998 and based in Changzhou in China’s...

  • Nestlé and R&R Create Froneri Joint Venture

    Nestlé and R&R have completed the transaction to create Froneri, a new joint venture in ice cream, frozen food, and chilled dairy. As announced in April, Froneri will combine Nestlé and R&R’s ice cream activities in Europe, the Middle East (excluding Israel),...

  • FSMA Compliance Fuels New Equipment Procedures, Study Finds

    Many food processing companies are changing equipment procedures to comply with the Food Safety Modernization Act (FSMA) rather than purchasing new equipment, according to a new report by the Association for Packaging and Processing Technologies (PMMI). “Most companies are NOT [sic]...