Manufacturing: Page 105
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Snyder's-Lance closing Florida chips plant to help cut costs
The snacks manufacturer is working to improve its balance sheet amid a "very competitive environment," according to its CEO.
By Erika Kincaid • Aug. 1, 2017 -
Halo Top ascends to become #1 selling pint of ice cream in the US
The frozen dairy product, which launched in 2012, has beat out other established brands such as Unilever's Ben & Jerry’s and Breyers by embracing unconventional means.
By Erika Kincaid • Aug. 1, 2017 -
Explore the Trendline➔
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TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
CircleUp pilots $20M loan program for CPGs
For smaller firms, the proposition for many investors is still too uncertain, so borrowing funds can help bridge the gap — allowing them to grow and become more attractive for financing partnerships down the line.
By Caroline Macdonald • July 31, 2017 -
Japan increases tariff on US frozen beef imports to 50%
The import tax was increased in an effort to curb less pricey foreign competition from producers in the United States.
By Sandy Skrovan • July 31, 2017 -
Kroger adds Beyond Burgers to more than 600 stores
The plant-based patties, which are also available at hundreds of Whole Foods and Safeway stores, will roll out across four of the grocer's banners in coming weeks.
By Jeff Wells • July 31, 2017 -
Chicago-area soda tax to take effect after judge rules against retailers
The penny-per-ounce tax was on hold pending a lawsuit filed by the Illinois Retail Merchants Association, but the Friday afternoon ruling could still be appealed.
By Megan Poinski • July 31, 2017 -
Retrieved from Coca-Cola on July 31, 2017
A new formula and a new name: Coca-Cola Zero Sugar replaces Coke Zero
The new formulation of the beverage will appear on shelves in August, and has no calories, no sugar and a caffeine load comparable to its predecessor.
By Erika Kincaid • July 31, 2017 -
Deep Dive
A Balancing Act: In the food VC arms race, it's 'buy or be eaten'
As legacy companies struggle to keep pace with emerging trendsetters, the pressure is on to acquire upstarts that will revive sales before they are snapped up by a competitor — or become competition themselves.
By Emma Liem Beckett • July 31, 2017 -
Plant-based food firm Daiya bought for $325.97M by pharma company Otsuka
The move promises to increase the dairy-free company's global footprint while extending the pharmaceutical's portfolio into foods as a pillar of its nutraceutical business.
By Caroline Macdonald • July 28, 2017 -
Hershey gets salty with new Popwell snacks
The new line was created in-house and features "half-popped" popcorn for a unique texture that isn't too hard or too soft.
By Erika Kincaid • July 28, 2017 -
Nestle CEO warns of lackluster sales and profit performance
The company is already buying back shares and exploring selling its U.S. candy business — and more changes may be needed to turn around performance and appease the demands of activist investor Daniel Loeb.
By Sandy Skrovan • July 28, 2017 -
Boston Beer earnings are up, but sales are not
More consumers are drinking the craft brewer's Twisted Tea and Truly Spiked & Sparkling beverages, but its legacy Samuel Adams brand and Angry Orchard cider are lagging.
By Megan Poinski • July 28, 2017 -
AB InBev brews strong Q2 earnings despite struggles in US beer market
The beer giant reported revenue and volume growth driven by cost cuts and global sales of top brands like Budweiser, Stella Artois and Corona.
By Jeff Wells • July 27, 2017 -
Dr Pepper Snapple's earnings drop from debt and Bai expenses
As volumes of most of the company's beverages continue to grow, the added expenses from this quarter may turn into future profit.
By Megan Poinski • July 27, 2017 -
Cost cuts pay off for Diageo as stock reaches all-time high
The world’s largest spirits company continues to perform through higher margins, increased productivity and organic sales growth.
By Davide Savenije • July 27, 2017 -
Pinnacle earnings drop after unconventional quarter
The abrupt discontinuation of 16 frozen Aunt Jemima breakfast products hit the company's bottom line hard, but the impacts were contained to this quarter and could be tailwinds for the rest of the year.
By Megan Poinski • July 27, 2017 -
Trendy spices and clean labels drive condiment market to $24B
Consumer spending in this segment is expected to continue, with purchases increasing 1.5% each year until 2021.
By Erika Kincaid • July 27, 2017 -
Innovation and cost-cutting measures sweeten Hershey's Q2 earnings
The confectionery company reported net sales of $1.663 billion for the quarter, a 1.5% increase from the same period last year.
By Jeff Wells • July 26, 2017 -
Coca-Cola beats expectations as new CEO moves away from soda
Though net revenues are down, the beverage giant built more value share in its nonalcoholic ready-to-drink category, including sparkling soda, juices, and bottled tea and coffee.
By Megan Poinski • July 26, 2017 -
Residue of glyphosate found in Ben & Jerry's ice cream
The Unilever-owned brand responded by saying it wants to find out how trace amounts of the herbicide — a key ingredient in Monsanto's RoundUp — got into its products.
By Megan Poinski • July 26, 2017 -
Deep Dive
What will grocery shopping look like in the future?
People will take a more active role in what they eat, have more opportunities to interact with products and know more about how food impacts their bodies, a pair of futurists said at a July U.S. Chamber of Commerce event.
By Emma Liem Beckett • July 26, 2017 -
Hormel launches line of on-the-go meat, cheese and chocolate snacks
Despite the Spam Snacks debacle, the meat manufacturer is still betting on the high-growth snack market, this time with a line of on-the-go healthy snacks packed with protein.
By Sandy Skrovan • July 26, 2017 -
Study: 'Natural' food is important, but difficult to define
The term plays an increasing role in determining consumers' product choices and has been the subject of numerous lawsuits, leading many to call for a regulatory definition.
By Caroline Macdonald • July 25, 2017 -
Growing demand for potatoes propels Lamb Weston to another profitable quarter
The former Conagra business unit saw growth across segments, with a 5% increase in retail net sales and a 9% bump in foodservice.
By Megan Poinski • July 25, 2017 -
Millennials prefer wine and spirits, so Goldman downgrades Constellation and Boston Beer
As drinking patterns shift, brewers should look at diversifying their portfolios to better meet the needs of younger consumers.
By Sandy Skrovan • July 25, 2017
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