As news broke last week that Silicon Valley Bank has collapsed due to a bank run, many attendees at Natural Products Expo West also had their own economic concerns – namely, how to find capital for their brands and survive the current moment.
Furthering its ambitious expansion plans, Russian restaurant and
brewery group Tinkoff has announced that together with leading
German brewer Krones it is to build a $75 million brewery near St.
US company Teckwah Industrial said its unit Teckwah Printing and
Packaging division will invest an additional $6 million (€6.4m) in
Wuxi Teckwah Printing and Packaging, bringing its total investment
in Wuxi Teckwah to $10 mlllion.