Brazilian meat-processor closes Argentine plant due to crisis
Sadia, Brazil's largest meat-processing company, has announced plans to close its distribution centre in Argentina as a result of that country's economic crisis.
Archives for May 2, 2002
TrenStar to provide keg management for UK brewer
TrenStar has announced that it has concluded an agreement with Scottish Courage Limited, part of Scottish & Newcastle plc and one of the largest brewers in Europe, to acquire the beer keg fleet of Scottish Courage (some 1.9 million units) and to...
Consumers Packaging files for bankruptcy
Consumers Packaging, formerly Canada's largest manufacturer of glass containers, has filed an assignment in bankruptcy. KPMG of Toronto has been appointed as trustee.
P&G sees overall growth, but food segment sales are down
US-based consumer goods giant P&G delivered double-digit volume and core earnings per share growth for the January-March quarter, ended 31 March, exceeding analysts' estimates. However, earnings in the food and beverage segment, one of its core...
Ivex Packaging reports drop in sales
US company Ivex Packaging Corporation has reported that its sales for the first quarter of this year have fallen from $159.5 million (€176.5 million) to $140.2 million. However, net income for the quarter increased to $5.8 million, or $0.28 per share,...