Latest news with #MilkyWay
CTV News
7 hours ago
- Business
- CTV News
Candy giant Mars to invest US$2 billion more in U.S. manufacturing through 2026
Chocolate bars from Mars are pictured in a store in Gelsenkirchen, Germany. (AP / Martin Meissner) Candy and snacks giant Mars on Tuesday announced plans to invest US$2 billion more in its U.S. operations through next year to bolster the company's ongoing efforts to expand manufacturing in the country. The Twix and MilkyWay chocolate maker has already invested more than $6 billion in U.S. manufacturing in the last five years and the new funding will support a $240 million facility for Nature's Bakery in Salt Lake City, Utah. The new facility, opening on Wednesday, will create over 230 new jobs in the region and have the capacity to produce about one billion candy bars every year, Mars said. 'The U.S. is our biggest and most important market, and a key engine of growth for the long term – not only through our legacy manufacturing footprint but also through the expansion of strategic acquisitions like Nature's Bakery, which is already scaling quickly," said Mars CFO Claus Aagaard. Many companies are doubling down on their U.S. production capabilities after the Trump administration imposed sweeping import tariffs aimed at narrowing the trade deficit and prompting multinational firms to bring manufacturing back to America. About 94 per cents of Mars products sold in the U.S. are produced locally. The company announced a $36 billion deal to buy Pringles maker Kellanova K.N in August, and has received approval from U.S. antitrust regulators while EU counterparts opened a full-scale investigation last month. (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Devika Syamnath)
Yahoo
11 hours ago
- Business
- Yahoo
Candy giant Mars to invest $2 billion more in US manufacturing through 2026
(Reuters) -Candy and snacks giant Mars on Tuesday announced plans to invest $2 billion more in its U.S. operations through next year to bolster the company's ongoing efforts to expand manufacturing in the country. The Twix and MilkyWay chocolate maker has already invested more than $6 billion in U.S. manufacturing in the last five years and the new funding will support a $240 million facility for Nature's Bakery in Salt Lake City, Utah. The new facility, opening on Wednesday, will create over 230 new jobs in the region and have the capacity to produce about one billion candy bars every year, Mars said. "The U.S. is our biggest and most important market, and a key engine of growth for the long term – not only through our legacy manufacturing footprint but also through the expansion of strategic acquisitions like Nature's Bakery, which is already scaling quickly," said Mars CFO Claus Aagaard. Many companies are doubling down on their U.S. production capabilities after the Trump administration imposed sweeping import tariffs aimed at narrowing the trade deficit and prompting multinational firms to bring manufacturing back to America. About 94% of Mars products sold in the U.S. are produced locally. The company announced a $36 billion deal to buy Pringles maker Kellanova in August, and has received approval from U.S. antitrust regulators while EU counterparts opened a full-scale investigation last month.
CNBC
11 hours ago
- Business
- CNBC
Candy giant Mars to invest $2 billion more in U.S. manufacturing through 2026
Candy and snacks giant Mars on Tuesday announced plans to invest $2 billion more in its U.S. operations through next year to bolster the company's ongoing efforts to expand manufacturing in the country. The Twix and Milky Way chocolate maker has already invested more than $6 billion in U.S. manufacturing in the last five years and the new funding will support a $240 million facility for Nature's Bakery in Salt Lake City, Utah. The new facility, opening on Wednesday, will create over 230 new jobs in the region and have the capacity to produce about one billion candy bars every year, Mars said. "The U.S. is our biggest and most important market, and a key engine of growth for the long term – not only through our legacy manufacturing footprint but also through the expansion of strategic acquisitions like Nature's Bakery, which is already scaling quickly," said Mars CFO Claus Aagaard. Many companies are doubling down on their U.S. production capabilities after the Trump administration imposed sweeping import tariffs aimed at narrowing the trade deficit and prompting multinational firms to bring manufacturing back to America. About 94% of Mars products sold in the U.S. are produced locally. The company announced a $36 billion deal to buy Pringles maker Kellanova in August, and has received approval from U.S. antitrust regulators while EU counterparts opened a full-scale investigation last month.
Yahoo
2 days ago
- Science
- Yahoo
2 stars in 'serpent god of destruction' system are hurling their blazing guts at each other, James Webb telescope reveals
When you buy through links on our articles, Future and its syndication partners may earn a commission. The James Webb Space Telescope has captured a stunning new image of two dying stars wreathed in a spiral of dust. The highly rare star system is located some 8,000 light-years from Earth, within our Milky Way galaxy. Upon its discovery in 2018, it was nicknamed Apep, after the ancient Egyptian serpent god of chaos and destruction, as its writhing pattern of shed dust resembles a snake eating its own tail. Now, a new image taken by the James Webb Space Telescope (JWST) has captured the system in unprecedented detail, revealing that it doesn't contain just one dying star, but two — with a third star chomping on their dust shrouds. The researchers published their findings July 19 in two papers on the preprint server arXiv, and they have not been peer-reviewed yet. "We expected Apep to look like one of these elegant pinwheel nebulas," study co-author Benjamin Pope, a professor in statistical data science at Macquarie University in Sydney, wrote in The Conversation. "To our surprise, it did not." Nebulas such as these are formed by Wolf-Rayet stars. These rare, slowly dying stars have lost their outer hydrogen shells, leaving them to spew gusts of ionized helium, carbon and nitrogen from their insides. Wolf-Rayet stars explode as supernovas after a few million years of sputtering, at most. But until then, the radiation pressure from their light unfurls their innards, stretching them out into giant phantom jellyfish in the night sky. Related: Space photo of the week: James Webb telescope reveals mysterious 'light echo' in the broken heart of Cassiopeia These superheated contents, especially carbon dust that is later recycled into planets and the material in our own bodies, is so hot that it glows brightly in the infrared spectrum. By capturing these infrared photons with the Very Large Telescope in Chile, astronomers got their first peek at the system in 2018. Now, by training JWST's sensitive Mid-Infrared Instrument on Apep, the team has captured it in even more detail, revealing it to be even more unusual than first thought. RELATED STORIES —James Webb telescope shocks scientists with image of ancient galaxy roaring back to life —Dry ice 'geysers' erupt on Mars as spring hits the Red Planet —James Webb and Hubble telescopes unite to solve 'impossible' planet mystery "It turns out Apep isn't just one powerful star blasting a weaker companion, but two Wolf-Rayet stars," Pope wrote. "The rivals have near-equal strength winds, and the dust is spread out in a very wide cone and wrapped into a wind-sock shape." Making the situation even more complex is a third star — a stable giant that's carving out a cavity in the dust spit out by its dying siblings. Beyond making for a stunning picture, Pope said, studying Apep could tell us more about how stars die and the carbon dust they leave behind. "The violence of stellar death carves puzzles that would make sense to Newton and Archimedes, and it is a scientific joy to solve them and share them," Pope wrote. Solve the daily Crossword
Arab News
3 days ago
- Science
- Arab News
Milky Way stargazing event to explore AlUla's wonders
RIYADH: The AlUla Manara team is organizing a stargazing event on Monday evening to explore AlUla's wonders and observe the Milky Way during one of the best viewing periods of the month. The iconic Arch Rock will host the event as part of a year-round series of activities aimed at enhancing community awareness of astronomy, the Saudi Press Agency reported. The gathering will engage AlUla residents, visitors, astronomy enthusiasts and space researchers in an interactive experience, including field observation sessions and scientific discussions led by members of the AlUla Astronomy Club. Such initiatives help foster a scientific culture and encourage community interest in cosmic discoveries, the SPA added. Participants will have the opportunity to witness the Milky Way firsthand, track various astronomical phenomena such as meteor showers and observe the North Star. The event promises a captivating visual experience in a natural setting free from light pollution, blending contemplation with the joy of stargazing. The initiative is part of the AlUla Manara team's efforts to support educational pathways and scientific exploration, while promoting community events related to science and discovery, in line with Vision 2030 goals for innovation and the diversification of cultural and tourism experiences.
