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Survey: Consumer products companies waste 60% of their digital transformation investments

The survey found that physical and digital routes to market continue to converge rapidly.
July 31, 2019
More than half of companies’ digital transformation investments, in the form of marketing and trade spend, are being wasted, according to a new survey by AlixPartners, New York.
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hoopo raises $3.5M in seed funding to scale up business

hoopo’s geolocation solution enables companies to locate their valuable assets utilizing low-power wide area (LPWA) networks.
July 30, 2019
hoopo, Los Angeles, announced a $3.5 million funding round from Chartered HighTech JIHTV1 fund, Singapore; TAU Ventures, Israel; and Global IoT Technology Ventures (GiTV), Japan, totaling $5 million from previous rounds from initial investors.
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Research shows value of wearable technology in reducing workplace injuries

The study demonstrated how to capture a worker’s safety performance and translate the data into personal fatigue levels.
July 29, 2019
The American Society of Safety Professionals (ASSP) Foundation, Park Ridge, Ill., released a fatigue research report that shows the value of wearable technology in the workplace.
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Associated Wholesale Grocers announces partnership with RSA America

RSA America’s mobile platform allows retailers real-time coupon validation and management at every touch point of the redemption process.
July 29, 2019
Associated Wholesale Grocers (AWG), Kansas City, Kan., established a partnership with RSA America (RSA), a Schaumburg, Ill.-based supermarket technology company.
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USDA scientist invents new uses for produce

Tara McHugh has created multiple products to recover that waste and turn it into something valuable.
July 29, 2019
Tara McHugh, center director for USDA’s Agricultural Research Service (ARS), Washington, D.C., investigated ways to take food processing waste and turn it into value-added products.
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Study: U.S. CPG cannabis sales to rise by the billions

Nielsen predicts that sales of all legalized cannabis in the United States will reach $41 billion by 2025.
July 29, 2019
Although a large sector of cannabis products remain illegal under U.S. federal law, state-legalized cannabis and cannabidiol (CBD) from hemp will translate into billions of dollars in revenue, according to research from Nielsen, New York.
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Beetnik ShepherdsPie new packaging

Beetnik Foods launches new packaging

Beetnik intends to improve on-shelf presence and enhance overall appetite appeal.
July 29, 2019
Beetnik Foods, Austin, Texas, launched a new packaging design aiming to showcase the product in a more eye-catching format and more accurately convey its benefits to health-conscious consumers.
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White Knight Fluid Handling to acquire Heateflex

Heateflex provides ultra-pure fluid and gas heating equipment for the semiconductor, solar, LED, displays and electronics industries.
July 29, 2019
White Knight Fluid Handling Inc., a Kamos, Utah-based subsidiary of Graco Inc., announced plans to acquire Heateflex.
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Greenbrier acquires American Railcar Industries’ manufacturing business

The combination provides Greenbrier a more complete product offering in tank cars and covered hoppers.
July 29, 2019
The Greenbrier Cos., Inc., Lake Oswego, Ore., acquired the manufacturing business of American Railcar Industries (ARI), St. Charles, Mo., from ITE Management LP, New York.
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DPI Specialty Foods closes Mid Atlantic facility

The Mid Atlantic plant has been a vital part of the DPI organization for nearly 20 years.
July 26, 2019
DPI Specialty Foods, Ontario, Calif., announced plans to close its Mid Atlantic facility in Upper Marlboro, Md., effective Oct. 26.
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