M&As, Funding & Investments
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JBS to invest US$351m in expanding Brazilian poultry production capacity to meet market demand
BRAZIL – JBS, a Brazilian company that is the world’s largest processor of fresh beef and pork, has announced an investment of BRL 1.85 billion…
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Molson Coors invests US$82m in expanding its Canadian hard seltzer production capacity
CANADA – Molson Coors Beverage Company has said that it is investing CAD 100 million ($82.4 million approx.) in its Canadian hard seltzer business, in…
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Food equipment supplier Heat and Control builds new facility in Mexico to expand manufacturing capabilities
MEXICO – Heat and Control, Inc., a world-leading equipment manufacturer and food/non-food processing industry supplier, has started construction of a new manufacturing facility in Mexico.…
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Beverage manufacturers in Nigeria solarise processing facilities, cut on carbon emissions
NIGERIA – Nigerian beverage companies are going green with Big Bottling Company (BBC) completing the installation of a solar power plant at its factory in…
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Nestlé invests US$220m in new beverage factory in Indonesia to meet growing consumer demand
INDONESIA – Nestlé, the world’s largest food company, has inaugurated the construction of a new beverage factory in Batang, Indonesia in an effort to fulfill…