News Mars invests $2bn in US manufacturing US food company Mars, the company behind Snickers, M&Ms, Royal Canin and Sheba, says it will spend $2bn building factories in the US by 2026. This May, it opened the…
News McDonald’s consultant charged with bribery by Hong Kong corruption watchdog A former construction consultant for McDonald’s has been charged with bribery after he allegedly accepted a US$10,000 watch. The case has been brought by Hong Kong’s Independent Commission Against Corruption…
News China paid in beans for building Ivory Coast’s biggest cocoa plant A Chinese contractor has completed work on the largest cocoa factory and warehouse in the Ivory Coast, the South China Morning Post reports. The 21ha plant is the second that…
News Skanska to build Texas university’s meat sciences centre Swedish contractor Skanska has won a $91m contract to build a 7,000 sq m meat science and technology centre at Texas A&M University. The facility will be located at the…
News Firms hatch plan to use data-centre heat to grow food in Scandinavia Two Swedish companies, financial services provider Vinga Group and circular industry specialist WA3RM, have joined forces to develop three commercial greenhouses in Scandinavia, two heated by data centres and one…
News Korean food company opens Busan factory as it eyes 6 billion noodle packs a year South Korean food company Nongshim is planning to invest $143m in a “K-Food hub” in the southern city of Busan. The move is part of a drive among the country’s…
News China to invest $600m in Kazakhstan beef farming Chinese companies plan to invest around $600m building a meat farming hub in Kazakhstan, Azernews reports. Kazakhstan’s agriculture minister Aidarbek Saparov reached the agreement with executives from Chinese companies CITIC…
