Corporate Operations: Page 113


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    Jeff Wells
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    SAP, IBM Food Trust, GS1 move toward supply chain traceability with interoperability test

    GS1, the not-for-profit issuer of barcodes, hired a vice president of blockchain in January and is conducting a series of tests to advance the technology's use in food supply chains. 

    By Emma Cosgrove • June 12, 2020
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    Retrieved from Kellogg on June 10, 2020
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    Column

    Leftovers: Pringles cans Wendy's Baconator; Hormel strives for the perfect chili dog

    One of the restaurant's most popular items is turned into limited edition crisps, and a New York butcher has a true no-contact sales strategy.

    By Food Dive staff • June 12, 2020
  • Trendline

    How 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
  • Nestlé contemplates selling its North American Waters division

    Although nothing is set in stone, the company's CEO expressed an interest in more modern offerings to reinvigorate the space.

    By Jessi Devenyns • June 12, 2020
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    Retrieved from MycoTechnology on June 11, 2020
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    MycoTechnology raises $39M to grow its functional ingredients platform

    The mushroom technology company's Series D funding round saw participation from big name investors including Greenleaf Foods, Tyson Ventures, Kellogg's investment arm and S2G Ventures.

    By Jessi Devenyns • June 11, 2020
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    Courtesy of Brightseed
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    Danone partners with AI upstart Brightseed to uncover additional health benefits in plants

    The companies want to identify molecules in soybeans and other plants that have nutritional value for humans and can be incorporated into milks or yogurts.

    By June 11, 2020
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    Retrieved from Nestle on January 16, 2020
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    Nestlé to acquire majority stake in collagen maker Vital Proteins

    The maker of bars, beverages, capsules and powders with the protein would operate as a standalone business at the Swiss food giant. Financial details were not disclosed.

    By June 11, 2020
  • Tyson Foods exchanges cooperation for leniency in price-fixing probe

    Under the Justice Department's agreement, the company can avoid criminal fines, prosecution and prison time while helping investigate other poultry producers.

    By Lillianna Byington • June 11, 2020
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    Permission granted by Califia Farms
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    Q&A

    How Califia Farms is growing its funding and portfolio in a pandemic

    CEO Greg Steltenpohl spoke to Food Dive about its new vegan butter, a $225 million funding round and how coronavirus and now protests are impacting its plans.

    By Lillianna Byington • June 11, 2020
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    Permission granted by Ocean Spray
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    Ocean Spray's incubator launches CBD sparkling water

    The CarryOn brand has two product lines called Elevate and Descend that focus on mental wellness. Each can has vitamins C and E, 10 calories and no added sugar.

    By Lillianna Byington • June 10, 2020
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    Impossible Foods
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    Companies stockpile ingredients amid uncertainty over coronavirus

    With food manufacturers securing ingredients for existing items in case of another spike, Bloomberg said innovation and new product development could take a backseat.

    By Jessi Devenyns • June 9, 2020
  • About 75% of crew tests positive for coronavirus on seafood processing ship

    Despite prevention efforts in the industry, 92 of the 126 people aboard an American Seafoods vessel last week had the virus. 

    By Lillianna Byington • June 9, 2020
  • Nestlé to sell Buitoni Pasta's North American division to Brynwood Partners

    The transaction, which values the business at $115 million, is the latest change to the portfolio of the Swiss giant.

    By June 9, 2020
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    Permission granted by Belcampo
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    As meat giants face scrutiny, small and niche producers capitalize

    The four major meat companies have closed plants and warned of shortages during the pandemic, while local ones have offered a more transparent view of operations and seen business boom. 

    By Lillianna Byington • June 8, 2020
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    Courtesy of Impossible Foods
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    How coronavirus accelerated demand for plant-based food

    A study from Rethink Priorities and the Humane Society of the United States shows more than half of consumers now want meat-free options to address potential shortages.

    By June 8, 2020
  • Report: 4 major meatpackers subpoenaed in DOJ antitrust investigation

    After attorneys general and cattle associations call for a probe, Bloomberg said the federal government is demanding more information from Tyson Foods, JBS SA, Cargill and National Beef.

    By Lillianna Byington • June 5, 2020
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    Permission granted by Jack Daniel's
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    Column

    Leftovers: Jack Daniel's cans its popular cocktails; top peanut butter brands put the squeeze on packaging

    Brown-Forman's new whiskey innovation is tailor made for summer, while craft brewer Clown Shoes uses terpenes to help consumers taste the rainbow. 

    By Food Dive staff • June 5, 2020
  • Eradicating palm oil might cause more harm than good, study finds

    Researchers from universities in Germany and Indonesia found switching to other vegetable oils would likely not help with issues of deforestation and loss of biodiversity. 

    By Jessi Devenyns • June 4, 2020
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    Christopher Doering
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    Campbell boosts ad spend as sales surge during pandemic

    The packaged foods company plans to ramp up marketing spend to retain customers who bought its products for the first time in the past year.

    By Robert Williams • June 4, 2020
  • Curcumin and omega-3 top the list for functional ingredients consumers most want to try

    Despite interest in these and three other additives, a survey from Buzzback found only a third of people in the U.S. and U.K. have a complete understanding of them.

    By Jessi Devenyns • June 4, 2020
  • Pilgrim's Pride executives among those indicted on price-fixing charges

    The DOJ charged leadership at the chicken processor as well as Claxton Poultry Farms for conspiring to fix prices for chickens from 2012 to 2017. Pilgrim's CEO is taking a paid leave of absence.

    By Lillianna Byington • Updated June 15, 2020
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    Emma Cosgrove
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    Employee fear of coronavirus tops food industry leaders' challenges, survey says

    The Food Industry Executive found more than 40% of processors and one in five suppliers said workers have been afraid to come to their jobs during the pandemic.

    By June 3, 2020
  • Coca-Cola, Mondelez trim SKUs as CPGs tackle pandemic stresses

    Supply chains are reducing complexity to better operate in volatile market conditions.

    By Emma Cosgrove • June 2, 2020
  • Agriculture SecretarySonny Perdue visits Triumph Foods pork processing facility April 28, 2017. The facility houses 2,800 employees in St. Joseph, Mo.
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    USDA photo by Preston Keres. (2017). "20170428-OSEC-PJK-1465" [photograph]. Retrieved from Flickr.
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    Calls to close Smithfield's Farmer John plant escalate amid outbreak

    The United Food and Commercial Workers Local 770 said safety measures at the California facility are insufficient since at least 153 employees have tested positive for coronavirus.  

    By Lillianna Byington • Updated June 4, 2020
  • A selection of Bang Energy Drinks from their website.
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    Retrieved from Bang Energy Drinks on April 28, 2020
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    Bang, Bubly and G Zero are among 2019's top innovations, says IRI

    The research firm released the 100 New Product Pacesetters for last year, with the six brands heading the list each getting more than $100 million in sales. 

    By Jessi Devenyns • June 2, 2020
  • drinkworks, beer, Keurig
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    Courtesy of Drinkworks
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    How the alcohol industry can serve consumers who prefer to drink at home

    E-commerce delivery service Drizly said sales have been at least 350% above what the company would expect to see since April.

    By June 2, 2020