Manufacturing

Timothy R. McLevish to leave mid-year 2011; David Brearton to become CFO.

With annual sales of approximately $325 million, the acquisition accelerates Heinzs growth in Latin America and gives the company its first major business in Brazil.

The purchase price for the transaction is US$238 million. The transaction is expected to close in April 2011.

In order to retain its entrepreneurial culture, Honest Tea will operate as a stand-alone business under current TeaEO Seth Goldman.

With a strong PLM foundation, adidas is able to ensure product availability in the correct size, color and high quality as well as provide game-changing technical innovation.

The ad emphasizes the company's commitment to disclosing the ingredients in its products. Snapware specializes in storage and organization solutions for the home and kitchen.

The company reaches the halfway mark on its carbon reduction target in year two, with aim of 20 percent reduction by 2020.

TFE, a producer of plastic films used by CPG manufacturers worldwide, recognizes STICORP for its implementation of an IT solution to improve TFE's manufacturing results.