Industry News

Keurig Dr Pepper Investing $300 Million in La Colombe

In exchange for the investment, Keurig Dr Pepper will secure a major ownership stake in La Colombe, along with long-term sales and distribution rights.

July 24, 2023

Industry News: Page 24

Industry News

Carlsberg, Danone Operations Seized by Russian Government

Vladimir Putin puts the companies’ assets in Russia under “temporary management” of the state.

July 20, 2023

Industry News

Kraft Heinz Investing $400M to Build 775,000-sq-ft Distribution Center

The new facility, which will be one of the largest automated CPG distribution centers in North America, is designed to drive Kraft Heinz’s supply chain efficiencies.

July 19, 2023

Industry News

Cold-Link Logistics Building 198,000-sq-foot Cold Storage Facility

Located in Ellisville, Miss., the new facility, designed and built by Tippmann Group, will support the region’s food supply chain for current demand and future growth.

July 14, 2023

Industry News

Coca-Cola, Bottlers Create $137.7M Sustainability-Focused Fund

The venture capital fund will focus on key investments in packaging, decarbonization, and other initiatives to reduce the Coca-Cola system’s carbon footprint.

July 13, 2023

Industry News

PepsiCo Picks 10 Hispanic-Owned Startups for Accelerator Program

The food and beverage companies will participate in a six-month business mentoring program and receive a $20,000 grant to accelerate business growth and transform their product offerings.

July 12, 2023

Industry News

Monogram Foods Cited for Child Labor Law Violations

U.S. Department of Labor

Court enters judgment requiring future compliance after investigation finds two teens employed illegally at the company's meat processing plant in Minnesota.

July 11, 2023

Industry News

Mars Buying Nutritrious Meal Company Kevin’s Natural Foods

The acquisition will complement Mars Food & Nutrition’s core portfolio and recent product innovations.

July 10, 2023

Industry News

GS1 US Publishes New Guideline on Foodservice Use of RFID

GS1 US

Industry stakeholders provide radio frequency identification encoding instructions and roadmap for adoption across supply chains.

July 7, 2023

Industry News

Monster Beverage Set to Buy Bang Energy for $362 Million

Subject to the approval of the U.S. Bankruptcy Court, the deal will substantially expand Monster’s energy drink portfolio.

July 5, 2023

Industry News

PepsiCo Enters Collaboration to Create Responsible AI Standards

PepsiCo is working with the Stanford Institute for Human-Centered Artificial Intelligence Corporate Affiliates Program, contributing to its consumer goods, retail, and AI focus areas.

June 30, 2023

Industry News

Yishi, 2022 Grant Winner, Wins People Magazine Food Award

Yishi's New Taro Bubble Tea Oatmeal Pouch has been awarded Best Instant Oatmeal of 2023 by the PEOPLE Magazine Food Awards.

June 30, 2023

Industry News

McCormick Names Brendan Foley as President and CEO

Current CEO and President Lawrence Kurzius will continue to serve as the executive chairman of the company’s board of directors.

June 29, 2023