Manufacturing

Hershey Forecasts 2024 Sales And Profit Below Estimates, Announces Job Cuts

Hershey has forecast full-year sales and profit below estimates and said it would cut jobs that will impact less than 5% of its workforce.

Kimberly-Clark Lags Expectations On Smaller Pricing Boost, Tepid Demand

Kleenex tissue maker Kimberly-Clark missed expectations for fourth-quarter net sales and profit due to slowing price hikes, dragging its shares down 4.5% p...

International Private-Label Industry To Converge In Istanbul For PRIVEXPO 2024 B2B Eurasia

PRIVEXPO 2024 B2B Eurasia, organised by INDUSTRIA Exhibitions and Events, will be held from 21-22 November, in Haliç Congress Center, Kuleli Buildin...

Walmart Shifts To India, Cuts China Imports

Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chai...

French Business Activity Contracts Again In November

French business activity contracted in November, according to a monthly survey, as demand for goods and services in the euro zone's second-biggest economy...

Keurig Dr Pepper Announces New CEO Succession Plan

Keurig Dr Pepper Inc. has appointed consumer packaged goods executive Tim Cofer as the company's chief operating officer as part of a new CEO succession pl...

New UK Trade Hub Bolsters Support For Ukrainian Manufacturers

A new trade hub has been set up in the UK to help Ukrainian manufacturers reach the UK market and expand sales by supply chain solutions provider Oakland I...

Jif Peanut Butter Maker J.M. Smucker Lifts Profit Forecast On Higher Prices, Lower Costs

Jif peanut butter maker J.M. Smucker raised its annual profit forecast on higher prices of its jams, jellies and pet food products as well as moderati...