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Industry News
PepsiCo Invests $550 Million in Energy Drink Maker Celsius
PepsiCo made the transaction to help to strengthen its ties to energy drinks, one of the fastest-growing beverage segments outside of alcohol, as soda consumption continues to fall.
August 9, 2022
Industry News: Page 38
Industry News
Mars Petcare Spending $82 Million to Upgrade Missouri Facility
The project, which includes the installation of new processing and packaging machinery, will increase the site’s production capacity for dog and cat treats by more than 75%.
August 8, 2022
Industry News
Tyson Foods Breaks Ground on $180 Million Illinois Facility Expansion
The company is investing $180 million to add automated warehousing and robotics, and create seven new production lines.
August 4, 2022
Industry News
Emmi Roth Breaking Ground on 134,000-sq-ft Wisconsin Facility
The 134,000-sq-ft facility will add to the company’s conversion and distribution capabilities.
August 3, 2022
Industry News
Nestlé Opens $340 Million Coffee Plant in Mexico
Built with Nestlé’s sustainability commitments in mind, the new site, the company’s second in Mexico, makes Nestlé the country’s largest coffee producer by volume.
August 2, 2022
Industry News
Fanuc America to Nearly Double Michigan Campus
FANUC America
The global automation solutions leader is investing in U.S. manufacturing with plans of a second expansion in three years to accommodate growing need.
August 1, 2022
Industry News
Ferrero North America Announces New President and Chief Business Officer
Alanna Cotton, who will report directly to Ferrero Group CEO Lapo Civiletti, will support Ferrero’s global business strategy of strengthening its position in the sweet packaged food category.
August 1, 2022
Industry News
Cargill, Continental Grain Acquire Sanderson Farms for $4.53 Billion
Cargill
The companies will combine Sanderson Farms with Wayne Farms to create a new, privately held poultry business that will be called Wayne-Sanderson Farms.
July 25, 2022
Industry News
Kerry Opens Africa’s Largest, Most Advanced Taste Facility
The new 108,000-sq-ft environmentally efficient South African facility will produce sustainable, nutritious food products for consumers across the continent.
July 22, 2022
Industry News
IK Partners to Sell LINXIS Group to Hillenbrand
IK Partners
IK Partners is pleased to announce that an affiliate of the IK VIII Fund (“IK VIII”) has entered into a put option agreement to sell its stake in LINXIS Group to Hillenbrand.
July 22, 2022
Industry News
PepsiCo Beverages North America to Build 1.2 Million-sq-ft Manufacturing Facility
With a positive value chain at the forefront of its design, the new state-of-the-art facility in Denver will be PepsiCo Beverages North America’s largest, most sustainable plant in U.S.
July 20, 2022
Industry News
Perdue Foods Names Kevin McAdams as President
A food and beverage industry veteran, McAdams, who most recently Jack Links’ President, North America, also has appointed as chief operating officer of Perdue Farms.
July 19, 2022
Industry News
BRF Sadia Opens New Plant in Saudi Arabia
The Middle East region and Halal market are strategic elements in the company’s plans for sustainable growth in the international market.
July 15, 2022
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