On Wednesday, Shares of Mondelez International Inc (NASDAQ:MDLZ), gain 3.07% to $42.27.
Mondelēz International, the world’s pre-eminent maker of chocolate, biscuits, gum and candy, opened a new $30 million state-of-the-art chocolate production line here to capitalize on growing demand in its European confectionery business. The investment is part of the company’s ongoing journey to create a global best-in-class integrated supply chain by transforming its manufacturing assets and processes to reduce costs and improve productivity.
“We strongly believe in the growth opportunities in Europe’s snacking market,” said Jurgen Leisse President Central Europe, Mondelēz International. “As Poland’s market leader in biscuits and chocolate, we know that maintaining our competitive advantage requires best-in-class manufacturing technology, such as the ‘Line of the Future’ introduced recently.”
At the opening event, Leisse was joined by the U.S. Consul General Walter Braunohler, who said, “Poland’s best business asset is its motivated, capable and intelligent workforce. This is the main reason that more and more U.S. companies are establishing operations here in Poland, and the reason that companies that are already present continue to expand and hire more Polish workers. We’re very happy to see these increasing business linkages, which benefit both our countries.”
“This Line of the Future is a big step forward, not only for Skarbimierz plant but also for the whole European snacking market,” said Roman Sitko, Manufacturing Director. “Our passionate team is excited and proud to enter a new chapter with this innovative solution. This will enable us to produce some of Europe’s best-loved brands and offer innovative snacking solutions.”
Mondelez International, Inc., through its auxiliaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, counting cookies, crackers, and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products.
Shares of Motorola Solutions Inc (NYSE:MSI), inclined 1.39% to $64.74, during its last trading session.
Motorola Solutions Inc, declared that Greg Brown, chairman and chief executive officer, will speak at the Citi Global Technology Conference on Wednesday, Sept. 9, in New York.
The presentation will start at about 9:30 a.m.
Motorola Solutions, Inc. provides mission-critical communication infrastructure, devices, software, and services in North America, Latin America, the Asia Pacific, the Middle East, Europe, and Africa. The company operates in two segments, Products and Services. The Products segment offers a portfolio of network infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.
Finally, Harris Corporation (NYSE:HRS), ended its last trade with 0.94% gain, and closed at $75.35.
The Board of Directors of Harris Corporation (HRS) has raised the quarterly cash dividend by six percent from 47 cents per share to 50 cents per share and declared a quarterly cash dividend of 50 cents per share, payable September 24, 2015 to shareholders of record September 11, 2015. The annualized cash dividend correspondingly improvements from $1.88 per share to $2.00 per share. This action represents the company’s 14th successive annual dividend improvement.
“Harris remains committed to providing shareholders with an attractive dividend, which has grown at an about 20 percent compounded annual rate over the past decade,” said William M. Brown, chairman, president and chief executive officer. “We are confident in the company’s long-term outlook and our continued ability to generate strong free cash flow and return value to our shareholders.”
Harris Corporation provides technology-based solutions that solve government and commercial customers mission-critical challenges. The company operates in four segments: Communication Systems, Critical Networks, Electronic Systems, and Space and Intelligence Systems.
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