Corporate Operations: Page 108
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Egg price gouging case against Cal-Maine dismissed in Texas
The egg producer's successful motion to dismiss the case cited both the state and U.S. Constitutions. It could be trouble for a similar lawsuit in New York.
By Megan Poinski • Aug. 19, 2020 -
From plant-based meats to pharmaceuticals, Dippin' Dots diversifies its use of cryogenics
While the company is best known for its flash-frozen ice cream, a push into new revenue streams has helped it financially as sales to theme parks and other venues dried up during the coronavirus.
By Christopher Doering • Aug. 18, 2020 -
Explore the Trendline➔
Getty Images
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 -
Water brand Lemon Perfect raises $6.6M to expand
The funding, which came from traditional VC companies as well as a long lineup of NBA luminaries, will go toward growing distribution, increasing marketing and recruiting new talent.
By Jessi Devenyns • Aug. 18, 2020 -
PureCircle fined $575,000 for using prison labor for imported stevia
The sweetener producer denies wrongdoing, but the real question may be how this impacts Ingredion, which acquired a controlling stake in the company last month.
By Megan Poinski • Aug. 18, 2020 -
JBS to restart plans for US IPO
The world's top meat packer has tried to list its shares since at least 2015, but it has been dogged by scandals and corruption in Brazil, a meat recall and the coronavirus.
By Christopher Doering • Aug. 17, 2020 -
Diageo to pay up to $610M to buy Ryan Reynolds-backed Aviation Gin
The purchase of the fast-growing brand gives the liquor maker a bigger stake in premium alcohol and adds to its portfolio of brands with celebrity connections.
By Christopher Doering • Aug. 17, 2020 -
From visibility software to pallet picks: How Tillamook planned inventory as demand soared
The demand planning team credits software for its ability to adjust operations during the pandemic. Now the challenge is long range inventory planning, particularly for cheeses that require two years to age.
By Shefali Kapadia • Aug. 14, 2020 -
Kraft Heinz fills out US leadership team with 3 new executives
The hires, including a newly created chief growth officer position, bring outside talent to the company as the latest step in its turnaround plan.
By Jessi Devenyns • Aug. 14, 2020 -
Impossible Foods closes $200M funding round
The plant-based giant has now raised a total of $1.5 billion since its founding in 2011, with $700 million of that in the last six months.
By Megan Poinski • Aug. 14, 2020 -
Column
Leftovers: Fat Tire toasts the environment; Flora spreads into the United States
New Belgium Brewing's beverage was certified as the nation's first nationally distributed carbon neutral beer last week, and Vive adds some spritz to fall with Pumpkin Spice Hard Seltzer.
By Food Dive staff • Aug. 14, 2020 -
Opinion
Making food in a COVID world: A day in the life of a Kraft Heinz plant manager in Beaver Dam, Wisconsin
The coronavirus has drastically changed manufacturing. Beth Mielke shares a typical day in this new normal at her factory that makes Philadelphia Cream Cheese.
By Beth Mielke • Aug. 13, 2020 -
How Gathered Foods got its new factory running during a pandemic
Designing and building the 42,500-square-foot plant that has been making Good Catch plant-based seafood since May was enough of a challenge, founder Chris Kerr said, but coronavirus made it much more complicated.
By Megan Poinski • Aug. 13, 2020 -
Bayer partners to invest $30M in vertical farming venture
The upstart, called Unfold, will develop new seed varieties and give agronomic advice for vegetables grown indoors.
By Christopher Doering • Aug. 13, 2020 -
Smithfield Foods posts Q2 loss after spending $350M on coronavirus
After a challenging quarter, the meat processor's CEO was more optimistic about the remainder of the year with the company's performance forecast "to rebound" this fall.
By Lillianna Byington • Aug. 12, 2020 -
New York accuses Hillandale Farms of egg price gouging
Early in the pandemic, the state said the producer made $4 million in two months from unlawful price increases, charging up to four times the price at the beginning of the year.
By Megan Poinski • Updated Aug. 12, 2020 -
Vital Farms launches its first finished consumer product
The microwaveable protein-packed Egg Bites are designed to bring convenience to the consumer who places a premium on ethical animal treatment and clean label eating, the company said.
By Megan Poinski • Aug. 12, 2020 -
Private equity firm Sonoma Brands remains 'active' in search for new deals
The investment firm, founded by Krave founder Jon Sebastiani, owns or has minority stakes in more than a dozen companies including Hu, Dang and Smashmallow.
By Christopher Doering • Aug. 11, 2020 -
4 poultry plant managers indicted after immigration raids
The charges come almost exactly one year after U.S. Immigration and Customs Enforcement agents raided seven work sites in six cities across Mississippi, arresting roughly 680 people.
By Lillianna Byington • Aug. 10, 2020 -
Beyond Meat lags conventional companies in sustainability disclosures, report says
The plant-based meat company said it has quantified the environmental benefits of its product versus conventional beef and is currently conducting a carbon-footprint assessment.
By Megan Poinski • Aug. 10, 2020 -
Flowers Foods prioritizing M&A, top branded products
The decision comes three weeks after the owner of Wonder Bread and Tastykake said it would cut 250 jobs, or about 2.6% of its workforce.
By Christopher Doering • Aug. 10, 2020 -
Retrieved from Hostess on August 06, 2020
Hostess opens innovation lab to tap into consumer preferences
The Kansas facility employs about 20 researchers, product testers and bakers working to create new snack cakes.
By Lillianna Byington • Aug. 7, 2020 -
Column
Leftovers: Trolli's crunchy gummies could make others squirm; Angostura mixes it up with cocoa
Candy maker Ferrera adds new innovation to the chewy worm-shaped sweet, while Hershey shrinks One bars.
By Food Dive staff • Aug. 7, 2020 -
AppHarvest raises $28M, adds Martha Stewart and Impossible Foods' CFO to board
The company is planning to open one of the world’s largest indoor farms this fall in Kentucky at 2.76 million square feet. It will initially start growing non-GMO tomatoes.
By Christopher Doering • Aug. 7, 2020 -
Retrieved from Algenuity on August 06, 2020
Unilever partners with microalgae ingredient startup
Algenuity will work with the CPG giant's food and refreshment division to develop uses for the protein in future plant-based offerings.
By Jessi Devenyns • Aug. 6, 2020 -
Master Sgt. Hecht, Matt. (2020). [Photograph]. Retrieved from Flickr.
Michigan requires coronavirus testing for all food processing workers
The order applies to meat, poultry and egg facilities. It comes after 11 recent outbreaks in farms and food processing plants in the state.
By Lillianna Byington • Aug. 6, 2020