LATEST NEWS
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PepsiCo’s snack division Frito-Lay to invest US$245m in expansion of US manufacturing site
US – PepsiCo’s snack division Frito-Lay, has announced plan to invest US$245 million to expand its snack manufacturing site in Connecticut, US. The Frito-Lay’s Killingly…
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Saputo, Great Lakes invest in new cheese manufacturing plants in the US
US – Canadian dairy company Saputo and Ohio-based cheese manufacturing company Great Lakes Cheese have announced plans to invest in expanding their respective cheese manufacturing…
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Graphic Packaging set to bolster presence in Europe with the acquisition of AR Packaging
EUROPE – Graphic Packaging, has agreed to acquire AR Packaging, a producer of fiber-based consumer packaging in Europe, from CVC Funds for approximately US$1.45 billion.…
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Kerry to establish new innovation center in Australia to reduce time to market for new products
AUSTRALIA -Irish-based taste and nutrition company, Kerry has announced that it will develop a purpose-built food technology and innovation centre in Queensland, Australia in an…
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Tanzania, IFAD launch US$77.4m project to boost productivity, build resilience of small-scale farmers
TANZANIA – The Government of the United Republic of Tanzania and the International Fund for Agricultural Development (IFAD) have inked a US$77.4 million project aimed…