Four workers at an Archer Daniels
Midland Co (ADM) corn processing facility in Clinton, Iowa, have tested positive for coronavirus, the company said on Monday. The employees and those they have come in contact with have been quarantined and the facility is being deep cleaned to prevent further spread, the Chicago-based grain trader and processor said.
* Stimulus package will boost budget deficit to 2.7% - Orban. * Analysts seek details on measures and economic assumptions. * Package includes loans to companies and wage support. * Central bank to announce more steps on Tuesday. By Krisztina Than and Anita Komuves.
--The U.S. factory sector contracted in March, as customer demand slid due to the new coronavirus, a survey of purchasing managers said. --The Institute for Supply Management said Wednesday its manufacturing index fell to 49.1 in March from 50.1 in February. --Economists surveyed by WSJ expected a reading of 44.5.
Infiniti Research, a leading market intelligence solutions provider, has recently announced the completion of its latest success story on competitive intelligence solution for a processed food company. This press release features multimedia.
Kroll Bond Rating Agency publishes sector-specific research on the varying macroeconomic impacts of the coronavirus across the food and beverage industry. KBRA continues to engage with our rated issuers within the food and beverage industry to react in real-time to the shifts in credit quality brought on by the pandemic.
Impossible Foods has secured $500 million in funding-- including what it calls for unpredictable stresses to "weather the current macroeconomic volatility related" to COVID-19. The funding, which brings its total haul to nearly $1.3 billion, is also ear-marked for research; a ramp-up in manufacturing operations; expanded retail presence in the U.S. and abroad; and "commercialization of next-generation products," Impossible said in a statement Monday. "We started the fund in In 2019...
CHONGQING, China, March 26, 2020 China Xiangtai Food Co. Ltd. (PLIN), an emerging growth company primarily engaged in pork processing in China, today announced that the Company, through its subsidiary Chongqing Jinghuangtai Enterprise Management Consulting Co., Ltd., entered into a non-binding Memorandum of Understanding to acquire 51% controlling interest in Chongqing Ji Mao Cang Feed Co., Ltd., a pr...
Globally Focused on Employees, Low-Contact Options for Customers and Support for Franchisees and Communities Yum! Working together, we can limit the spread of COVID-19 while offering convenient, affordable food in a low contact environment, said David Gibbs, CEO Yum! The next phase of Yum! 1. As employees worry about the pandemics impact on their lives, Yum! Yum!
ALBANY, New York, March 24, 2020 Several end-use industries most notably pharmaceuticals and food have been utilizing the attractive characteristic of thermoform packaging. Future Outlook: Advent of cost-effective thermoform machines that can use variety of plastics has enabled manufacturers meet wide range of packaging needs in end-use industries.
China's WH Group Ltd, the world's biggest pork processor, said that the impact from the coronavirus on pork production has been limited, chairman Wan Long said on a conference call on Tuesday. He added that 95% of factories at its subsidiary, pork processor Henan Shuanghui Investment and Development Co Ltd, have resumed operations at normal levels.
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