Retail industry news : E-commerce giant Amazon has revealed its plans to open its first fulfillment center in Mississippi at Marshall County. The Amazon fulfillment center in Marshall County is expected to generate 850 full-time jobs with the recruits to be engaged in picking, packing and shipping of household consumer goods. Commenting on the future […]
Lamb Weston acquisition of Marvel Packers : US food processing company Lamb Weston has acquired Australian frozen potato processor Marvel Packers for an undisclosed price. Marvel Packers, which is a family-owned potato processing business, manufactures frozen french fries and potato products. The Australian frozen potato processor operates frozen potato processing and storage facilities located in […]
Siemens Mobility has bagged a contract worth €744 million from the US National Railroad Passenger Corporation (Amtrak) to design and manufacture 75 Charger diesel-electric locomotives. The 75 locomotives will take the place of and supplement the aging national network diesel locomotive fleet of Amtrak, which are utilized for long-distance and state-supported routes. Delivery of the […]
Swiss pharmaceutical giant Novartis has officially closed its $2.1 billion acquisition of US-based biopharma company Endocyte, solidifying its position as a leader in radiopharmaceuticals for cancer treatment. The deal, first announced in October 2018, was finalised following shareholder approval earlier this week. A strategic move into radioligand and CAR-T therapies Endocyte specialises in developing radioligand […]
Mars Wrigley Confectionery has launched a newest addition to TWIX in the form of TWIX Triple Chocolate Cookie Bars, which are claimed to have three times the chocolate taste as the name suggests. TWIX Triple Chocolate Cookie Bars is a one-of-a-kind cookie treat made from chocolate cookie bars, chocolate caramel, and cloaked in milk chocolate, […]
Drinks industry news : Barrell Spirits, based in Louisville, Kentucky, has launched three new spirits, which includes two whisky products and a rum product under the Barrell Craft Spirits range. The whiskey and rum spirits manufacturer says that it has worked on the new Barrell Craft Spirits range for three years while adding that the […]
The J.M. Smucker Company (Smucker’s) has issued a voluntary recall of certain lots of 9Lives Protein Plus wet, canned cat food in the US, because of the products possibly containing possible low levels of thiamine (Vitamin B1). The company said that no illnesses connected to the issue have been reported as of now. Smucker’s said […]
French private equity company Ardian has agreed to sell European hotel cosmetics manufacturer ADA Cosmetics (ADA International) to Austria-based investment firm Moonlake Capital for an undisclosed price. Ardian said that the management team of the hotel cosmetics manufacturer will continue to be shareholders of the company. The French private equity company through the Ardian Expansion […]
Amazing Lash Studio, a US eyelash extension studio, has opened a new studio in East Lake Woodlands in Oldsmar, Florida. The new Amazing Lash Studio in Oldsmar is solely owned and operated by Angela Outten, a local entrepreneur, who was an attorney for more than 20 years before starting her own business. Angela Outten, commenting […]
In a significant boost to its consumer health portfolio, Procter & Gamble (P&G) has concluded its €3.4 billion acquisition of German pharmaceutical giant Merck’s consumer health business. This move, first announced in April 2018, aims to elevate P&G’s position in the global over-the-counter (OTC) health market, adding extensive geographical scale and expanding its presence across […]