Manufacturing: Page 21
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Retrieved from Utz Quality Foods Inc. on November 14, 2023
Utz to sell 2 brands and manufacturing facilities to Popchips owner for $182.5M
The transaction will help the pretzel and chip maker improve its supply chain, reduce its debt and better position its portfolio for growth.
By Christopher Doering • Jan. 31, 2024 -
Permission granted by Nestle
Nestlé to lay off 216 workers at Ohio factory
The food and beverage giant said the reduction in staff at its Solon location will help optimize its manufacturing network and allow it to better serve its consumers.
By Christopher Doering • Jan. 31, 2024 -
Courtesy of Beyond Meat
Deep DivePlant-based meat needs to beef up its messaging in 2024
Between slumping sales and shifting consumer mindsets, 2023 proved difficult for the sector. Here’s what analysts and experts say the category can do to recalibrate.
By Elizabeth Flood • Jan. 30, 2024 -
Permission granted by Sargento
Say cheese! Inside Sargento Foods’ evolution into a $2B dairy giant
The 71-year-old company, once the target of prospective buyers, has stayed independent and prioritized innovation to grow and remain competitive.
By Christopher Doering • Jan. 29, 2024 -
Courtesy of Tyson Foods
Tyson opens $355M high-tech bacon plant in Kentucky
The 400,000 square-foot facility has autonomous, box-stacking robots and driverless forklifts to help eliminate “ergonomically stressful tasks,” the meat giant said.
By Nathan Owens • Jan. 26, 2024 -
Permission granted by Pureture
Plant-based casein maker lands first commercial partner
Pureture’s partnership with South Korean dairy manufacturer Namyang “validates the functionality” of its product.
By Elizabeth Flood • Jan. 25, 2024 -
Retrieved from Mars.
Mars to build $237M facility for its Nature’s Bakery brand in Utah
The plant will meaningfully increase capacity for the granola and snack bar brand, which has become the eighth best-selling and fastest-growing product in the category.
By Christopher Doering • Jan. 24, 2024 -
Retrieved from Monster Energy on January 23, 2024
Monster Energy furthers alcohol push with hard tea
The product is the company’s second launch in the hard beverage space, following the successful debut of carbonated drink The Beast Unleashed in 2023.
By Chris Casey • Jan. 24, 2024 -
Courtesy of Conagra Brands
Conagra Brands launching Dolly Parton food line
The deal, which builds on an existing partnership between the singer and the food maker, will usher in new items in several categories inspired by down-home comfort cuisine.
By Christopher Doering • Jan. 24, 2024 -
Courtesy of Athletic Brewing
How Athletic Brewing plans to prevail past Dry January
The nonalcoholic beer category leader is focused on educating moderation-minded drinkers about the nutritional benefits of the products, its CEO told Food Dive.
By Chris Casey • Jan. 23, 2024 -
Courtesy of Hormel Foods
Justin’s turns to healthier ingredients to challenge M&M’s
The organic brand avoids synthetic dyes and artificial sweeteners. It is the first major confectionery launch for the Hormel Foods-owned product in 13 years.
By Christopher Doering • Jan. 23, 2024 -
Courtesy of Vita Coco
Deep DiveTwo decades after its founding, Vita Coco is still fighting to silence skeptics
After weathering a demand downturn in coconut water and competition from Coca-Cola and PepsiCo, co-founder Mike Kirban said the brand can still avoid the same fate that doomed other once-trendy drinks.
By Christopher Doering • Jan. 22, 2024 -
Permission granted by Caribou Coffee
JDE Peet’s reaches $260M licensing deal with Caribou Coffee
The transaction will allow JDE Peet’s to expand its premium portfolio in North America, while giving Caribou the ability to focus on its growing coffeehouse business.
By Christopher Doering • Jan. 19, 2024 -
Courtesy of Better Juice
Ingredion partners, invests in startup reducing sugar in juice
The deal allows the startup to accelerate the use of its technology in the U.S. while giving the ingredients giant another tool it can offer its customers looking to cut the sweetener.
By Christopher Doering • Jan. 18, 2024 -
Courtesy of Imagindairy
Imagindairy promises to offer animal-free dairy at cost parity
The Israel-based food tech startup acquired its own industrial-scale, precision fermentation production lines focused on alternative dairy ingredients.
By Elizabeth Flood • Jan. 17, 2024 -
Courtesy of Aleph Farms
Aleph Farms receives green light from Israel for cultured beef
This is the first time a company has received approval globally to sell a non-chicken cultivated meat product.
By Elizabeth Flood • Jan. 17, 2024 -
Courtesy of Harken Sweets
Harken Sweets CEO elicits nostalgia with better-for-you candy bars
Katie Lefkowitz is using her experience at Caulipower and showcasing dates as nature’s candy to recreate classics like Snickers and Milky Way bars.
By Jennifer Lawinski • Jan. 17, 2024 -
Courtesy of Kraft Heinz
Kraft Singles releases new cheese slice flavors for first time in nearly a decade
About 70% of U.S. consumers buying the dairy product are interested in trying different varieties, with flavor being a key factor that influences their purchasing decisions, according to the company.
By Christopher Doering • Jan. 17, 2024 -
Courtesy of Jones Soda Co.
New flavors, formats driving cannabis-infused food and beverage products: Mary Jones
The Jones Soda brand has its sights on new products, including a new candy launch, as national efforts mount to reclassify marijuana.
By Chris Casey • Jan. 16, 2024 -
Courtesy of Nestle
Deep DiveThe key for growth in 2024 is innovation. Will more CPG companies embrace it?
Analysts said new products are more important than ever as consumers curtail their spending, seek items loaded with attributes important to them and navigate through a plethora of choices.
By Christopher Doering • Jan. 16, 2024 -
Courtesy of Farther Farms
Major french fry producer hit with potato surplus as restaurant demand falters
Lamb Weston reported a $71 million charge to write off the excess supply, with the processor noting inflation-wary consumers are dining out less.
By Sarah Zimmerman • Jan. 15, 2024 -
Retrieved from Ovāvo on January 10, 2024
New Zealand food tech startup innovates with freeze dried avocado powder
Using its vacuum technology, Ovāvo is able to maintain the nutritional properties of an avocado while turning it into a shelf stable product.
By Elizabeth Flood • Jan. 11, 2024 -
Courtesy of Hain Celestial
Hain Celestial launches better-for-you offering in $9B tortilla chip category
The product fills a void in the category dominated by PepsiCo’s Doritos and Tostitos and smaller diet-focused snacking brands geared toward adults.
By Christopher Doering • Jan. 10, 2024 -
Courtesy of Nissin Foods USA
Nissin Foods USA appoints CPG veteran as CEO
The company tapped Brian Huff, a former Kellogg executive, to help it capitalize on “unprecedented” demand for its ramen noodles in the U.S.
By Chris Casey • Jan. 8, 2024 -
Courtesy of Kraft Heinz
Kraft Heinz partners with Taco Bell on meal kits that bring fast food favorites to the home
The items — the first of several Taco Bell at Home innovations planned for this year by the long-time collaborators — will be sold at Walmart.
By Christopher Doering • Jan. 4, 2024
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