Corporate Operations: Page 111
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Ingredion signs global quinoa flour distribution deal with NorQuin
The company, which will work with the ingredient for snacks, baked goods and dairy and meat alternatives, retains the right to make an equity investment in the Canadian ancient grain outfit.
By Jessi Devenyns • May 14, 2020 -
Retrieved from Bunge Loders Croklaan on May 13, 2020
Bunge Loders Croklaan launches fat system to reduce sugar by 50%
The company said its new Sweetolin can give products a higher sweetness perception while maintaining texture and mouthfeel.
By Lillianna Byington • May 14, 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 -
Ahead of peak season, berry supplier Driscoll's worries market 'just is not there' amid pandemic
The coronavirus outbreak has cut sales of the California company's produce by 20% as foodservice establishments close and retailers struggle to get its products through their supply chains.
By Christopher Doering • May 14, 2020 -
Retrieved from Kellogg on May 12, 2020
Kellogg supersizes its cereals
The Jumbo Snax bites are packaged in snack pouches and come in four varieties: Froot Loops, Apple Jacks, Corn Pops and Frosted Flakes-inspired Tiger Paws.
By Lillianna Byington • May 13, 2020 -
Startup United Sodas aims to broaden category with launch of better-for-you drink
The beverages, which come in 12 flavors such as Extra Peach and Toasted Coconut, contain 30 calories and have no artificial ingredients. They will initially be sold online.
By Christopher Doering • May 13, 2020 -
AB InBev launches cocktail-inspired hard seltzers
The beverage from the alcohol giant joins its recent entrants into the fast-growing category including Bud Light Seltzer and Natural Light Seltzer.
By Jessi Devenyns • May 13, 2020 -
US meat exports to China rise as supply falls, analysis shows
Companies have warned of potential shortages as coronavirus infects workers, but shipments overseas have surged, according to a Reuters analysis.
By Lillianna Byington • May 12, 2020 -
Utz goes public following deal with blank check firm Collier Creek
Trading of the snack company's stock begins Aug. 31 after the deal officially closed Friday.
By Christopher Doering • Updated Aug. 28, 2020 -
Retrieved from Snacks.com on May 12, 2020
Why PepsiCo launched 2 new direct-to-consumer sites
Snacks.com and PantryShop.com are part of the company's efforts to meet consumers where they shop, as e-commerce becomes a bigger part of their buying habits.
By Christopher Doering • May 12, 2020 -
Opinion
Pandemic on our plates: The high health risks of industrial animal agriculture
The way animals are raised for meat, physician Shivam Joshi and Josh Balk of the Humane Society write, the U.S. is engaging in a practice that’s a tinderbox for the next outbreak.
By Shivam Joshi and Josh Balk • May 11, 2020 -
U.S. Department of Agriculture. Retrieved from Flickr.
As coronavirus spreads in meat plants, nearly 200 USDA inspectors test positive
Three Food Safety and Inspection Service inspectors have died from the virus. The agency said it has enough face masks to keep personnel supplied for the next few months.
By Lillianna Byington • May 11, 2020 -
Clif Bar names CPG veteran Sally Grimes as its new CEO
The former Kraft Foods and Hillshire Brands executive will replace the company's founder Gary Erickson who is currently co-CEO. He will remain on the snack maker's board.
By Jessi Devenyns • May 11, 2020 -
Ingredion launches sugar substitute made from erythritol
The ingredient, which has a distinctive cooling effect, is made through fermentation and can be found naturally in some fruits and vegetables.
By Jessi Devenyns • May 7, 2020 -
Opinion
Expert advice for CEOs during a crisis
Now is the time to have a communication plan. Lisa Cruz of Red Shoes Inc. walks through how to put one together and be effective.
By Lisa Cruz • May 7, 2020 -
Food industry shies away from posting about COVID-19 on social media, reports finds
Only 8% of its content is mentioning the crisis, according to ListenFirst Media, and posts from the industry overall were down 12% compared to 2019.
By Jessi Devenyns • May 7, 2020 -
How SoRSE Technology is formulating CBD products in a pandemic
As interest in infused food and drink has increased during the outbreak, the supplier is staggering shifts in the lab and sending samples to different locations.
By Lillianna Byington • May 7, 2020 -
Danone names Shane Grant as CEO for North America
The company also announced its Essential Dairy and Plant-Based business will begin operating separately in North America.
By Jessi Devenyns • Updated May 13, 2020 -
About Dang time: Why a snack brand is playing up its Asian-American heritage
The company known for coconut chips and keto bars is putting its founders' faces, story and heritage front and center — and is speaking out against racial discrimination.
By Megan Poinski • May 7, 2020 -
Kerry expands clean label reach with 2 acquisitions
The purchases of IsoAge Technologies and Biosecur Lab will help the company better respond to trends such as eating healthier.
By Christopher Doering • May 7, 2020 -
Plant closures could result in empty meat cases this summer, report says
CoBank found grocery store supplies of the protein could shrink by nearly a third by Memorial Day, leading to pork and beef price increases as high as 20% compared to last year.
By Lillianna Byington • May 6, 2020 -
Deep Dive
Online alcohol sales may see permanent rise as coronavirus alters shopping habits
Data insights firm Kantar estimates that 30% of new customers who try buying booze through e-commerce for the first time during the pandemic will remain long-term users.
By Christopher Doering • May 6, 2020 -
USDA photo by Preston Keres. (2017). "20170428-OSEC-PJK-1465" [photograph]. Retrieved from Flickr.
Lawsuit about worker conditions at Smithfield plant dismissed
Since the case was filed, the meat processor has made several changes to its Milan, Missouri location and OSHA has put in place new regulations on how manufacturing facilities should be run.
By Megan Poinski • May 6, 2020 -
Impossible Foods moves onto Kroger shelves today
The plant-based meat company's flagship burger product is available at 1,700 locations owned by the nation's largest grocer, increasing Impossible's retail reach to about 2,700 stores nationwide.
By Megan Poinski • May 5, 2020 -
Flow Alkaline Spring Water raises $45M
The company, which recently opened a spring in Virginia and is set to roll out collagen-infused drinks this month, hopes to double its consumer base by 2021.
By Megan Poinski • May 5, 2020 -
USDA to purchase $470M in surplus meat, dairy and produce
After facing criticism that the government's efforts have been slow to help producers during the pandemic, the department said this will allow food to be distributed to communities nationwide.
By Lillianna Byington • May 5, 2020