Corporate Operations: Page 115
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CPG sales could rise as much as 30% from March to May, report finds
Credit Suisse predicted a shift to more at-home consumption because of quarantines will benefit companies such as Campbell Soup, Conagra Foods and J.M. Smucker.
By Lillianna Byington • April 1, 2020 -
Food tech startup reshapes strategy as coronavirus closes down lab work
The pandemic has prompted Clara Foods, the manufacturer of animal-free egg whites, to narrow its research efforts and could delay partnerships the company forges with CPGs to use its product.
By Christopher Doering • April 1, 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 -
Dairy Farmers of America wins bid to buy Dean Foods' assets for $433M
Even after losing its place as the stalking horse bidder, the dairy co-op will acquire 44 of the milk processor's fluid and frozen facilities.
By Lillianna Byington • Updated April 23, 2020 -
IFT20 will go virtual because of coronavirus threat
The Institute of Food Technologists announced the change to its annual July event early, giving organizers time to pivot the conference experience and attendees the opportunity to alter their plans.
By Megan Poinski • March 31, 2020 -
Coronavirus prompts Peeps maker Just Born to shutter its plants
While the closure doesn't affect the supply of its signature Easter treats, all lines will be quiet until at least April 7.
By Megan Poinski • Updated April 14, 2020 -
Retrieved from Debra Crew of Diageo on March 30, 2020
Diageo names Debra Crew as North American president
The former RJ Reynolds and PepsiCo executive is replacing Deirdre Mahlan on July 1 who is retiring after five years in the position.
By Jessi Devenyns • March 30, 2020 -
Nestlé running full time to help return 'a calmness to the market' amid coronavirus
U.S. CEO Steve Presley said the company has guaranteed three-months pay for workers at impacted facilities and may slow product rollouts as grocers prioritize keeping shelves stocked.
By Christopher Doering • March 30, 2020 -
Sponsored by American Heart Association
App enhancements increase appeal, access of healthy foods
Working with WICShopper app developer, Kellogg helped boost use of food benefits and interest in healthy foods for underserved families.
March 30, 2020 -
Novozymes' enzyme cuts sugar and boosts fiber content in dairy products
The new additive's ability to address both attributes at the same time could make it especially attractive to milk and other producers in the space who have seen sales decline recently.
By Jessi Devenyns • March 26, 2020 -
Newly discovered plant pigments could brighten CPG products
Scientists at the New Zealand Institute for Plant and Food Research said auronidins could create more stable and intense natural colors in foods and beverages.
By Jessi Devenyns • March 26, 2020 -
Clara Foods' chicken-free egg white ready to make leap from lab to shelf
After five years of work, the California company expects its fermented ingredient to be used in protein drinks and supplements in 2020 before it launches an egg replacer next year.
By Christopher Doering • March 26, 2020 -
Coronavirus forces manufacturers to shift more production to retail
As grocery demands surge, companies like Tyson Foods, Sanderson Farms and Cargill are changing their operations, from longer hours to adjusting output away from foodservice.
By Lillianna Byington • March 26, 2020 -
Diageo CMO Saller steps down after 20 years with spirits giant
Serving as marketing chief since 2013, she earned frequent industry accolades, particularly for her work around gender equality.
By Peter Adams • March 26, 2020 -
How identifying root causes could help prevent foodborne illness outbreaks
With the food supply ravaged by a series of recalls, the Pew Charitable Trusts urged more companies and government agencies to use this approach to investigate contamination incidents.
By Lillianna Byington • March 25, 2020 -
Opinion
Product testing in real-life situations helps uncover consumer insight
By trying the item at gyms, bars, restaurants and other places where it's likely to be used, Sean Bisceglia with Curion said companies are increasing the chance that it will be a success.
By Sean Bisceglia • March 25, 2020 -
Retrieved from PepsiCo on April 23, 2019
How CPG companies reward employees working during the coronavirus pandemic
PepsiCo, Mondelez and Hormel Foods are among the businesses rewarding their workers with bonuses, additional leave time and raises.
By Christopher Doering • March 24, 2020 -
Food manufacturing will stay healthy during coronavirus, trade groups say
Leaders of the Consumer Brands Association and the American Bakers Association told Food Dive their members are rising to the challenge and see no shortages of the basics.
By Megan Poinski • March 24, 2020 -
Nature's Fynd raises $80M for alternative protein
Formerly known as Sustainable Bioproducts, the company makes food using a protein found living in harsh conditions in Yellowstone National Park.
By Megan Poinski • March 24, 2020 -
Opinion
How companies can cope as coronavirus impacts the food chain
Businesses need to remain vigilant in assessing their risk while mitigating against significant dangers and disruptions from the disease, said Steven P. Blonder, a principal at Much Shelist.
By Steven P. Blonder • March 23, 2020 -
Bankrupt Dean Foods drops Dairy Farmers of America as lead bidder
Despite losing its position, the dairy co-op is still expected to make a proposal for the milk giant by the March 30 deadline.
By Lillianna Byington • March 20, 2020 -
Coronavirus canceled Expo West. Organizers now look to an enhanced Expo East.
Carlotta Mast of New Hope Network talked to Food Dive about the decision to scrap the conference and how they are preparing for a bigger event in Philadelphia.
By Lillianna Byington • March 20, 2020 -
Kerry Group invests $125M in Georgia plant expansion
The project is expected to significantly improve the Ireland-based company's capacity to meet increasing demand for poultry, seafood and alternative proteins solutions.
By Cathy Siegner • March 19, 2020 -
Just gains new partners to bring Just Egg to Asia, Latin America and Europe
The California company inked manufacturing and distribution deals with food industry leaders in South Korea, Thailand, Mexico, Colombia and Germany.
By Megan Poinski • March 18, 2020 -
Coronavirus is the latest challenge to face dairy industry
A Rabobank report found the upward trajectory for prices in the space that was present in the fourth quarter of 2019 stalled following the spread of the outbreak.
By Lillianna Byington • March 18, 2020 -
New Age may divest smaller brands to focus on Nestea, Evian and illy
The drinks manufacturer and distributor said beverages in retail and e-commerce need scale to compete, something that can be harder for smaller offerings.
By Christopher Doering • March 18, 2020