Welch's determined that its internal IT staff was needed to implement and support a new Oracle ERP solution, leaving insufficient resources to maintain and support its existing Electronic Data Interchange (EDI) system.
Avery Dennison Corporation will acquire all outstanding shares of Paxar Corporation for $30.50 per share in a cash transaction valued at approximately $1.34 billion.
As part of strategic efforts to reduce the production of fresh, commodity chicken, Tyson Foods Inc. plans to sell its poultry plants in Ashland and Gadsden, Ala., to Koch Foods Incorporated.
The Coors Light campaign features a new tagline, "The World's Most Refreshing Beer," a nod to the brand's successful positioning as the beer as cold and refreshing as the Rocky Mountains