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Industry News

  • Del Real Foods Names New CEO

    Del Real Foods, a Hispanic refrigerated foods company, has appointed Michael Axelrod as its new chief executive officer. Del Real Foods is owned by a private fund affiliated with Palladium Equity Partners LLC in partnership with the company's founders, the Cardenas family. The company recently...

  • Tyson Foods Partners with Proforest

    Tyson Foods Inc. is partnering with Proforest, an independent organization focused on sustainability in the forest and agricultural sectors and implementation of responsible sourcing practices, to help the company conduct a deforestation risk assessment across its global agriculture supply...

  • Key Technology Names Global VP of Sales

    Key Technology, a member of the Duravant family of operating companies, announces the promotion of Daniel Leighty to global vice president of sales. Leighty is responsible for activities that lead Key’s worldwide sales organization to bring the company’s high-performance digital...

  • Recalled J&J Baby Powder Tests Negative for Asbestos

    Healthcare products manufacturer Johnson & Johnson Consumer Inc. (JJCI) issued a voluntary recall for a lot of Johnson’s Baby Powder on October 18 after the U.S. Food and Drug Administration (FDA) revealed sub-trace levels of asbestos. On Tuesday, the company said 15 new tests on the same...

  • Parker Hannifin Completes Purchase of LORD Corp.

    Motion and control technologies firm Parker Hannifin wrapped up its $3.6 billion acquisition of adhesives and coatings manufacturer LORD Corporation on Tuesday, expanding its electrification and aerospace product offerings and materials science capabilities.  “We are excited about the...

  • Abbott Labs to Open $37M Production Plant in Indiana

    Healthcare firm Abbott is investing at least $37.6 million to open a new 120,000-sq-ft medical device production facility in Westfield, IN to boost its capacity for the MitraClip transcatheter mitral valve repair system, the Indiana Economic Development Corporation (IDEC) announced in a release...

  • General Mills Names Schneider as Dry Carrier Award Winner

    Food company General Mills recognized the performance of transportation and logistics services firm Schneider by presenting the company with its Platinum Dry Carrier of the Year award, a press release announced Monday. General Mills gives the award to a carrier each year that goes above and beyond...

  • USDA Launches Program to Support U.S. Hemp Production

    The U.S. Department of Agriculture (USDA) will publish an interim final rule in the Federal Register this week to establish a new program that will provide a new regulatory framework for hemp production in the U.S. “We have had teams operating with all hands-on-deck to develop a regulatory...

  • Honeywell Opens Robotics-Focused Research Hub

    Industrial technology firm Honeywell recently announced the launch of Honeywell Robotics, a center of excellence in Pittsburgh, PA that will develop artificial intelligence, machine learning, computer vision, and advanced robotics for use in warehouse and distribution centers. “Honeywell has...

  • Mylan Recalls Anxiety Drug for Possible Contamination

    Global healthcare firm Mylan Pharmaceuticals issued a voluntary recall across the U.S. for one lot of Alprazolam tablets, a generic form of the drug Xanax used to treat conditions like anxiety and panic disorder, because of the “potential presence of [a] foreign substance,” the company...