Corporate Operations: Page 108


  • Fat Tire is a beer brand owned by New Belgium Brewing
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    Courtesy of New Belgium Brewing
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    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
  • This is a custom sketch to go with an opinion piece about a Kraft Heinz manufacturing plant for Food Dive.
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    Permission granted by Sam Brunner
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    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
  • Trendline

    Mergers and acquisitions

    Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.  

    By Food Dive staff
  • Gathered Foods' factory in Heath, Ohio, to make Good Catch plant-based seafood, has been in operation since May 2020.
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    Courtesy of Gathered Foods
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    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 Aug. 13, 2020
  • vertical farming
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    Courtesy of Bayer
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    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 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 Updated Aug. 12, 2020
  • Vital Farms launched Egg Bites, its first consumer product, in August 2020.
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    Courtesy of Vital Farms
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    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 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 Aug. 11, 2020
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    Wikimedia Commons
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    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 Aug. 10, 2020
  • bread
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    Christopher Doering/Food Dive
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    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 Aug. 10, 2020
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    Retrieved from Hostess on August 06, 2020
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    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
  • Fererra's Trolli brand introduced Crunchy Crawlers in July 2020.
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    Courtesy of Ferrera
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    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
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    AppHarvest
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    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 Aug. 7, 2020
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    Retrieved from Algenuity on August 06, 2020
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    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
  • Medical technicians work with patients at a COVID-19 Community-Based Testing Site at the PNC Bank Arts Center in Holmdel, N.J., March 23, 2020. The testing site, established in partnership with the Fe
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    Master Sgt. Hecht, Matt. (2020). [Photograph]. Retrieved from Flickr.
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    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
  • Mac 'n Cheese
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    Courtesy of Frito-Lay
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    Cheetos moves beyond snack aisle with mac and cheese

    The offering from Frito-Lay comes in three flavors: Bold & Cheesy, Flamin' Hot and Cheesy Jalapeno.

    By Aug. 6, 2020
  • Kraft pushes Mac & Cheese for breakfast in new social campaign
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    Courtesy of The Kraft Heinz Company
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    Kraft pushes Mac & Cheese as pandemic breakfast to reach busy parents

    A new ad, limited-edition packaging and sweepstakes come after Kraft found parents have served the meal in mornings more often in recent months.

    By Dianna Christie • Aug. 5, 2020
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    Real Dietitian
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    Opinion

    Advertising for the 'reasonable consumer' in food and beverage labeling

    With false advertising and labeling lawsuits here to stay, Pooja S. Nair at Ervin Cohen & Jessup said contradictions between how a product is marketed and what it is made of could prove extremely costly for a brand.

    By Pooja S. Nair • Aug. 5, 2020
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    Permission granted by Good Planet
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    Good Planet adds second CEO to help grow the plant-based brand

    The faux cheese maker said Bart Adlam, who has overseen Chef's Cut Jerky and Siggi's, will work alongside company founder and co-CEO David Israel.

    By Jessi Devenyns • Aug. 5, 2020
  • Jel Sert
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    Courtesy of Jel Sert
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    How a nearly 100-year-old maker of pudding and frozen ice pops competes with Big Food

    Jel Sert, a manufacturer of Royal instant mixes and Fla-Vor-Ice frozen treats, has turned to alcohol, healthier trends and licensing deals with Mars Wrigley and Coca-Cola to boost sales.

    By Aug. 5, 2020
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    Retrieved from Eclipse Foods on July 24, 2020
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    Plant-based ice cream Eclipse Foods launches into retail amid pandemic

    CEO Aylon Steinhart called the company the "Beyond Meat of dairy products" and talked about shifting gears to selling direct-to-consumer. 

    By Lillianna Byington • Aug. 4, 2020
  • A large package of Beyond Meat burgers sits in a shopping cart.
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    Courtesy of Beyond Meat
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    With more retail expansions, plant-based meat gets closer to ubiquity

    Shoppers at Publix, Walmart and Trader Joe's can now buy Impossible Burgers, while Beyond Meat breaks into Sam's Club and BJ's Warehouse.

    By Aug. 4, 2020
  • Tyson Foods names Dean Banks as next CEO

    Banks, a former tech executive, will lead the company as it turns to more automation amid the pandemic. Noel White will remain in a new role as executive vice chairman.

    By Lillianna Byington • Aug. 3, 2020
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    Retrieved from MikMak on August 02, 2020
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    E-commerce insights platform MikMak raises $10M to expand

    The platform, used by companies including Hershey and the J.M. Smucker Co., saw 50% revenue growth as demand for online shopping skyrocketed during the pandemic.

    By Lillianna Byington • Aug. 3, 2020