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803 Results
Type: News
Section: Industry News
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
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
Industry News
Conestoga Cold Storage Building 96 Million-Cu-Ft Facility
Located in Halton Hills, Ont., the state-of-the-art, greenfield cold storage site will be one of the largest cold storage facilities in the world.
June 28, 2023
Industry News
Constellation Brands Acquires Domaine Curry
The acquisition expands the company’s Prisoner Wine higher-end portfolio, while reinforcing its commitment to female and minority representation.
June 27, 2023
Industry News
USDA Providing Nearly $2.3B for Purchase of Domestic Foods
The funds will support food producers, school meal providers, and emergency food operations.
June 26, 2023
Industry News
JBS Building One of World’s Largest Cultivated Meat Plants
The plant will be able to produce over 1,000 metric tons of product on an annual basis, with the potential to expand capacity to 4,000 metric tons in the near future.
June 23, 2023
Industry News
E. & J. Gallo Purchases Hahn Family Wines
The acquisition expands Gallo’s premium wine portfolio and reinforces the company’s strategy for continued growth.
June 22, 2023
Industry News
Kerry Opens State-of-the-Art Taste Facility
Located in Karawang, Indonesia, the almost 540,000-sq-ft facility will create products to meet Asian consumers’ specific taste preferences.
June 20, 2023
Industry News
Unilever Set to Buy Yasso
Yasso’s products meet consumer demand for on-the-go, healthier, indulgent frozen snacks, complementing Unilever’s portfolio of premium ice cream brands.
June 17, 2023
Industry News
Palmetto Gourmet Foods Announces $100 Million Expansion
The project will include new facilities and product lines, plus the construction of a solar farm for producing renewable energy.
June 17, 2023
Industry News
MXD Process Acquires Heritage Equipment
MXD Process
The acquisition significantly expands MXD Process’s manufacturing capabilities at both facilities as part of its strategic growth strategy.
June 16, 2023
Industry News
PSSI Names Vipul Soni as Chief Financial Officer
Fortrex
Soni will lead PSSI’s finance organization and will be responsible for accounting, financial planning and analysis, procurement, tax, information technology, and investor relations.
June 13, 2023
Industry News
Mars Petcare Expanding Australian Facility
The company is investing $75 million in its Wodonga site to increase the production of single-serve pouches of cat food in response to growing demand.
June 6, 2023
Industry News
Coca-Cola Building New $650 Million Fairlife Production Facility
The company will be investing in the Upstate New York facility to meet increased demand for fairlife products.
June 2, 2023
Industry News
Campbell Sells Emerald Nuts to Flagstone Foods
The transaction reflects Campbell’s increased focus on accelerating the growth across its snacks division and power brands.
June 1, 2023
Industry News
Barilla Appoints New President, Region Americas, Barilla Group
Melissa Tendick, vice president, marketing, Barilla Americas, will be assuming the leadership role, following the departure of Jean-Pierre Comte.
May 26, 2023
Industry News
Mars Team Develops Innovative Warehouse Management System
Developed and implemented in less than one year, the first-of-its-kind technology will drive efficiencies and save millions of dollars.
May 25, 2023
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