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Industry News

  • Australian Conveyor Maintenance Market to Hit $757M by 2026

    The conveyor maintenance market in Australia is expected to grow by a compound annual growth rate (CAGR) of 3.1% to a value of $757 million by 2026, a new report by Future Market Insights forecasts. Due to Australia’s leading global position in mining and an anticipated rise in production...

  • Kellogg Company Debuts Over 50 New Products

    Responding to recent changes in consumer behavior toward purchasing food products made with natural ingredients or that offer convenicence, Kellogg Company is introducing more than 50 new products, the Battle Creek, MI company announced Tuesday. “We know that people are looking for a variety...

  • Brother Gearmotors Debuts Online Product Configurator

    Producer of sub-fractional AC gearmotors and reducers for the food and beverage industry, material handling, and packaging industries Brother Gearmotors debuted an online product configurator on their homepage of to assist manufacturers in determining which gearmotors and reducers best meet their...

  • Global “Functional” Foods Market to Hit $255B by 2024

    Rising healthcare costs, a growing population of geriatric adults, and a shift among consumers toward healthy lifestyles are projected to drive the global market for “functional” foods to $255.10 billion by 2024, according to a new market forecast by Grand View Research Inc. Functional...

  • OSHA Rule Lowers Workplace Beryllium Exposure Levels

    An estimated 62,000 American workers could be protected from risks linked to workplace exposure to beryllium, a material that can cause lung diseases, under a new rule issued on Jan. 6 by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), the agency announced...

  • Pfizer Inaugurates $50M Manufacturing Site in Saudi Arabia

    A new, $50 million pharmaceutical manufacturing plant was opened by Pfizer Company at King Abdullah Economic City (KAEC) in Saudi Arabia, local media reported Monday. The facility, operated by subsidiary Pfizer Saudi Ltd., will produce 16 products in five therapeutic areas – cardiovascular,...

  • UK Manufacturers Brace for “Year of Risks” in 2017

    46% of manufacturers in the United Kingdom said their companies will encounter more risks than opportunities in 2017 in the wake of Brexit and facing uncertainties in UK and international politics, according to a recently-released survey by the Engineering Employers Federation (EEF), one of the UK...

  • Mars Petcare Acquiring Pet Hospital Operator VCA for $9.1B

    The world’s largest pet food company, Mars, Incorporated, is acquiring pet healthcare company VCA Inc., operator of more than 800 animal hospitals and 60 diagnostic laboratories in the United States, in a $9.1 billion all-cash transaction, McLean, VA based Mars announced by press release...

  • Esselstyn Joins Control Concepts USA

    Control Concepts USA (CCUSA) announces the recent hiring of Eric Esselstyn as sales manager. In his new position, Esselstyn will oversee all sales functions and play a key role on the management team.   Prior to joining CCUSA, Esselstyn was a lead sales engineer with Rockey industrial...

  • Control Concepts USA Names Director of Sales

    Control Concepts USA (CCUSA) announces the recent promotion of Paul Rose to director of sales. In his new position, Rose will oversee all sales functions and serve as a member of the senior management team. Rose joined CCUSA in July, 2009 as sales manager for the AirSweep Div. Prior to joining...