In the US Tyson Foods has announced an agreement to sell one of its
two Mallard's Foods processing plants in Modesto, California to
Michael Angelo's Gourmet Foods of Austin, Texas.
Italian company CGTI, Classica Group Technologies, subsidiary of
the Classica Group, is to supply Nestle's Nestec product technology
centre in Switzerland with a microwave heat processing system.
A new brand of organic bread has been launched in Belgium which
will also help protect the environment via a link up with the
Belgium arm of the Worldwide Fund for Nature (WWF).
The UK government has expressed "cautious optimism" that fish
factories put into receivership by the financial problems of the
Albert Fisher Group can be saved.
In the US, farmer-owned Farmland Industries and subsidiary Farmland
Foods have announced plans to rebuild their pork processing plant
located in Albert Lee, Minnesota.
In the US Bake-Line Group, a leading supplier of private label
cookies and crackers, has purchased Turnbull Bakeries, a
Tennessee-based private label manufacturer of biscuit and wafer
products.
The US division of global packaging solutions provider Sonoco has
announced it will close its machinery manufacturing operation in
Fenton, Missouri, by the third quarter of 2002.
Business advisor Ernst & Young has completed the most
comprehensive study in recent years of the global packaging market,
which lends further credence to the growing number of advisors that
are heralding the industry as a safe...
In Australia Coca-Cola Amatil is in advanced negotiations with Visy
Industries on an A$140 million (€85m) deal to sell its PET plastic
bottle manufacturing sites as part of a divestment of non-core
assets.
In the US R & D Equipment Company, which supplies processing
equipment to the oilseed processing industry, has announced that it
has moved into new facilities in Fort Worth, Texas.
In the US First Atlantic Capital, JPMorgan Partners and Aetna Life
Insurance Company have entered into a definitive agreement to sell
their portfolio company, Berry Plastics Corporation, to GS Capital
Partners 2000, a private equity...
Mitsui Chemicals Company and Siam Cementhai Chemicals' joint
venture, Siam Mitsui PTA Company Limited, will complete its second
purified terephthalic acid (PTA) plant in July of this year.
