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PepsiCo to invest $4bn in Mexico

PepsiCo is planning to invest approximately $4 billion in Mexico over the next two years. The beverage giant’s plans include a new production plant...

ExxonMobil commits to $2bn Baytown expansion

ExxonMobil has confirmed that it will proceed with a $2 billion investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000...

Mondelēz makes Hu investment in snack market

High quality snacks have become increasingly attractive to food companies and Mondelēz International is making a series of investments in this market. Most recently,...

Pregis buys $6m blown film line for Grand Rapids plant

Pregis is investing $6 million in a third multilayer Windmoeller & Hoelscher (W&H) blown film line at its Grand Rapids, Michigan facility, in order...

Coca-Cola Amatil scouts for start-ups in Indonesia

Coca-Cola Amatil’s corporate venture capital platform, Amatil X, is to set up operations in Indonesia to help local start-ups and build entrepreneurial capability. The...

Dairy distributor to build facility in Arizona

US dairy distributor Fair Life is to invest $200 million in the construction of a 300,000 sq ft production and distribution facility in Goodyear,...

Mondelēz invests in prebiotic foods

Mondelēz International has taken a minority investment in Uplift Food, a US-based start-up focusing on prebiotic functional foods. The move positions Mondelēz to take...

ExxonMobil commits to polypropylene expansion on Gulf Coast

Petrochemical giant ExxonMobil will fund the construction of a polypropylene production unit in Baton Rouge, Texas, that will expand capacity along the US Gulf...

Fonterra seeks fundamental change

Dairy company, Fonterra, needs a fundamental change in direction if it is to deliver on its potential. The stark warning came from the New...

UK converter invests in ‘Rolls-Royce’

Eight machines are to be installed this year as part of a £13.5 million ($17.6m) investment in new production equipment by UK-based What More...

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