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Farm Credit Canada report shows moderate sales but improved margins for food and beverage manufacturers

Canadian Manufacturing

REGINA — Canada’s food and beverage manufacturers face a mix of obstacles and optimism for profit margin improvements in the year ahead, according to the latest FCC Food and Beverage Report. Population growth and stabilizing input costs are two reasons margin improvement is expected in 2024.

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Symbotic brings in $424M in Q2 2024

Robotics Business Review

yesterday announced its financial results for the second quarter of 2024, which ended March 30. Symbotic revenue continues to climb Symbotic claimed that its “end-to-end, AI-powered robotic and software platform” is “reimagining the supply chain.” Source: Symbotic Symbotic Inc. Wilmington, Mass.-based

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Manufacturing PMI® at 49.2%; April 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 49.2 Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 49.2 percent, 1.1

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Cdn. beverage manufacturer announces expansion into the U.S.

Canadian Manufacturing

Cove Soda made its US debut in February 2024 hitting shelves at 140 Fresh Market locations and will roll out their variety pack at Costco nationally beginning April 1. As the fastest growing beverage category, the functional soda space grew 250%+ in 2023 vs. prior year and is approaching $1B in annual sales in North America.

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Manufacturing PMI® at 50.3%; March 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 50.3 Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 50.3 percent, 2.2

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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 49.1 A Manufacturing PMI ® above 42.5 manufacturing sector continued to contract, though at a marginal rate compared to December. TEMPE, Ariz. , Feb. Fiore , CPSM, C.P.M.,

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Encirc Appoints Managing Director of its Expanded Beverages Division

MEM

Encirc has appointed Richard Lloyd to the position of Managing Director of its ‘Encirc Beverages’ business unit, as the progressive glass container manufacturer and filler continues to integrate ‘The Park’ bottling and warehousing facility in Bristol into its overall business.