Industry News

Mondelēz Sells Developed-market Gum Business for $1.35 Billion

The transaction with Perfetti Van Melle will advance Mondelēz International’s strategy to increase its focus on a portfolio with chocolate, biscuits, and baked snacks as its core categories.

October 2, 2023

Vertical Markets: Page 24

Industry News

Smucker Selling Sahale Snacks Brand

The company is selling the brand as a part of its effort to continue the growth of Smucker’s consumer foods business.

September 28, 2023

Industry News

Keurig Dr Pepper Names Tim Cofer as CEO, Effective in Q2 2024

In line with the company’s CEO succession plan, Tim Cofer will join company as COO before assuming the CEO role in the second quarter of next year, with current Chairman and CEO Bob Gamgort guiding the transition.

September 26, 2023

Industry News

Department of Labor Investigating Child Labor at Tyson, Perdue

The move follows a New York Times Magazine article that disclosed cleaning contractors have been employing migrant children to work overnight shifts at Tyson and Perdue plants in Virginia.

September 24, 2023

Industry News

Lactalis Canada Investing in New Oshawa, Ont., Distribution Center

The facility, which will increase capacity and efficiency for Lactalis Canada’s supply chain network, will be designed with energy efficiency top of mind.

September 22, 2023

Sustainability

On-Site CO2 Production Helps Food and Bev Producers Control Supply

A fuel cell technology can take the methane-rich stream from your natural gas use and turn it into a value stream for your plant, creating CO2, power, heat, and more.

September 21, 2023

Industry News

Upside Foods Planning $140 Million Cultivated Meat Plant in Illinois

Designed to produce millions of pounds of cultivated meat products per year, the state-of-the-art plant will help Upside Foods expand its commercial offerings, increase scalability, and reduce production costs.

September 18, 2023

Industry News

Kellogg Board Approves Separation Into 2 Companies

The approval to split into Kellanova and WK Kellogg Co was given to create two more focused companies, each with its own strong financial outlook.

September 13, 2023

Industry News

Smucker Paying $5.6 Billion to Acquire Hostess Brands

The move will add well-known snacking brands to Smucker’s portfolio, accelerating the company’s focus on convenient food options.

September 11, 2023

Sustainability

American Dairy Association Helps Recycle Butter Art in Unique Way

Instead of just destroying an 800-lb butter sculpture, the American Dairy Association North East, Cornell Cooperative Extension Master Gardeners, and Noblehurst Farms are using it to create electricity.

September 8, 2023

Industry News

Tyson Foods Deploying Self-driving Trucks in Northwest Arkansas

The company is collaborating with Gatik, a leader in autonomous middle mile logistics, to optimize Tyson’s supply chain efficiency.

September 6, 2023

Industry News

Is Hostess Brands Going to Be Sold?

Multiple sources seem to think that Hostess Brands is going to be acquired sometime in the near future.

August 31, 2023

Sustainability

Cargill Launches Methodology to Measure Cows' Methane Emissions

The methodology will help beef producers better understand the impact of feed supplements, and enable projects to measure and quantify methane emissions reduction.

August 29, 2023