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Mason City scraps plant deal, Prestage moves on

2016-05-05 00:13:00| National Hog Farmer

Mason City missed its chance to boost its economy and add 1,000 jobs when the City Council failed to pass the development agreement with Prestage Foods of Iowa. The family will move forward with identifying new sites for the pork processing plants. read more

Tags: city deal plant moves

 

Shell scraps $4.6bn FLNG contract with Samsung

2016-05-03 01:00:00| Offshore Technology

Shell has cancelled a $4.6bn contract with South Korean shipbuilder Samsung Heavy Industries for three floating LNG units for Australia's $40bn Browse floating liquefied natural gas (FLNG) project.

Tags: contract samsung shell scraps

 
 

Kinder Morgan scraps $3.3bn Northeast Energy Direct pipeline project in US

2016-04-21 01:00:00| Hydrocarbons Technology

US-based Kinder Morgan has suspended plans for the $3.3bn Northeast Energy Direct (NED) pipeline project as the company could not receive enough contracts with businesses that will buy natural gas from the proposed pipeline.

Tags: us project direct energy

 

McCormick Scraps Takeover of Premier Foods

2016-04-13 18:05:00| Food Processing

Spice and herb seller McCormick abandons its takeover plan for British food maker Premier Foods following a review.

Tags: premier foods takeover mccormick

 

Canadian Pacific scraps efforts to buy Norfolk Southern

2016-04-11 14:45:18| Railroads - Topix.net

The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement Canadian Pacific Railway had proposed as part of its bid. Calgary-based CP, Canada's second-largest railroad operator, launched its takeover bid for Norfolk Southern in mid-November, touting potential savings of more than $1.8 billion annually.

Tags: buy efforts southern pacific

 

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