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The food industry in the Unites States is growing, with the greatest growth stemming from the largest food companies. Most consumers are surprised to learn that some of their favorite brands are owned by six giant food companies -- Pepsico, Dole, General Mills, Nestle, Heinz and Kraft.
Posted: 7/15/2015 3:23:00 PM by Grace Tsai
Following the lowest snowpack in California's recorded history, on April 1st, 2014, California Governor Jerry Brown signed an executive order that requires cities, towns, and homeowners to reduce their water consumption by 25%, with fines as high as $500 a day for people who fail to comply with the new cutbacks.
Posted: 6/15/2015 3:53:11 PM by Grace Tsai
Five years ago, the scrap metal market was robust, and it seemed like investors in the metals market were geniuses. Whether it was copper, aluminum, or stainless steel, prices were high all around, and so was demand. The market was in such a bonanza that scrappers were buying stainless steel tanks at the same prices as end users. But the good times could only last so long, and several years ago, the market began to sour. Prices on all metals have steadily decreased as demand for such metals lags.
Posted: 8/13/2015 11:21:27 AM by Grace Tsai
The scrap metal market took a serious tumble in the first half of 2015, and is expected to fall even more by the year's end. While there are many factors to consider when looking at an industrial deal, such as the location and value of the real estate, the amount of equipment, the quality of the inventory, there remains one area that is arguably just as important: scrap metals.
Posted: 8/13/2015 11:27:42 AM by Grace Tsai
The natural and organic food and beverage industry, where products can advertise themselves as healthy choices, has seen nothing but growth for many years now, with more than $123 billion in estimated sales for 2015 alone. One need only look at the beverage aisle at the local supermarket to observe the trend firsthand.
Posted: 10/20/2015 12:07:45 PM by Grace Tsai
Read our thoughts about industry trends and current news in the auction world.