Corporate Operations: Page 124


  • US pork farmers met with 'financial crisis' as pandemic rages on

    The closure of restaurants and other foodservice outlets because of the pandemic could result in an estimated $5 billion in losses for the pork industry in 2020.

    By Lillianna Byington • April 22, 2020
  • Before the Butcher Founder and CEO Danny O'Malley cooks some Uncut plant-based meat in a virtual product demo over Zoom during the coronavirus pandemic.
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    Megan Poinski/Food Dive
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    Before the Butcher gets virtual with online product demos

    After some of the biggest trade shows were canceled, founder and CEO Danny O'Malley took to videoconferencing to start showing what his company's products can do.

    By April 22, 2020
  • A person in a grocery store putting items in a smart cart. Explore the Trendline
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    Courtesy of Instacart
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    Trendline

    Top 5 stories from Food Dive

    The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future. 

    By Food Dive staff
  • Carbon dioxide shortage could threaten beer, soda and seltzers

    The shortfall comes as ethanol plants, which collect the colorless gas as a byproduct, shut down or curtail output amid a drop in fuel consumption due to the coronavirus.

    By April 22, 2020
  • Virginia governor signs bill to regulate CBD in food

    Despite federal prohibitions, the state's bill is intended to help guide the hemp industry by regulating facility conditions and production requirements.

    By Lillianna Byington • April 21, 2020
  • Screengrab from a video of a Tyson Foods pork processing facility
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    Courtesy of Tyson Foods
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    Tyson reopens Iowa plant shuttered by coronavirus

    Two weeks after the Columbus Junction factory thought to be the source of about 200 COVID-19 infections closed its doors, limited operations restart.

    By April 21, 2020
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    ShopRite
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    Organic sales are up during the pandemic, but long-term challenges loom

    A report from Mercaris found there are risks to the multi-billion dollar market because of threats to consumer income, livestock processing and import challenges.

    By Lillianna Byington • April 20, 2020
  • Veestro
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    Permission granted by Veestro
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    Deep Dive

    Food startups grapple with financial roadmap as coronavirus sows uncertainty

    The pandemic has made it harder to assess valuations for companies, forcing businesses to alter strategies on how and when to raise money.

    By April 20, 2020
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    Retrieved from ParmCrisps on April 16, 2020
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    Column

    Leftovers: ParmCrisps and Bridge Lane bring wine and cheese to your door; Nightfood takes on the ultimate pregnancy craving

    The pairing brings fancier snacking to consumers during the pandemic, and Elysian Brewing has a new lager with rock star status.

    By Food Dive staff • April 17, 2020
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    Christopher Doering
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    Food companies may be underestimating sales benefits from the coronavirus, analysts say

    Credit Suisse said once shelter-in-place orders are lifted, consumers will continue to spend more time at home, helping many CPG brands.

    By April 17, 2020
  • MGP Ingredients expands textured protein line with pea option

    The new product will join ones made from wheat and be marketed as part of the company's renamed ProTerra line of plant-based proteins.

    By April 16, 2020
  • PureCircle files another lawsuit claiming stevia patent infringement

    The company's third patent case since 2017 claims Almendra's Steviarome product has aspects that too closely match its own. 

    By April 16, 2020
  • Deep Dive

    Antitrust concerns cloud DFA's purchase of Dean Foods' assets

    Although the bankruptcy court approved the sale, it needs the U.S. Department of Justice to sign off. Some are hoping that roadblock will stop the deal.

    By Lillianna Byington • April 16, 2020
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    Darren415/Getty Images
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    Molson Coors expands partnership with Hexo to launch CBD beverages in Colorado

    The new joint venture called Truss CBD USA will be majority owned by the beer giant. The two companies already developed a beverage for Canada. 

    By Lillianna Byington • April 15, 2020
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    Retrieved from Farm Rich on April 14, 2020
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    Farm Rich launches plant-based Garden Inspirations line

    The frozen brand's meatless meatballs and BBQ sliders will be available in stores this month at Kroger with more offerings coming this summer.

    By Lillianna Byington • April 15, 2020
  • A charcuterie platter
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    "Charcuterie" by Cayobo is licensed under CC BY 2.0
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    Inside small food companies' struggle to survive the coronavirus outbreak

    Specialty Food Association President Phil Kafarakis said the group's more than 4,000 members face unprecedented challenges, from liquidity to distribution, and they will last long after the pandemic.

    By April 15, 2020
  • Trade group asks government to ensure food workers have protective equipment

    The Consumer Brands Association said some state agencies are confiscating thermometers and face masks meant for industrial use, placing essential employees at risk.

    By Jessi Devenyns • April 15, 2020
  • Living Health Company is a member of the 11th cohort of accelerator Food-X.
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    Permission granted by Food-X
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    Pushing through pandemic: Food-X launches virtual cohort

    As the spread of COVID-19 made the traditional program in New York City seem risky, the accelerator found benefits in revamping it for the times. 

    By April 14, 2020
  • meat
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    Beth Rosengard. Retrieved from Pixabay.
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    Smithfield Foods warns of shortage as it closes major pork plant indefinitely

    The South Dakota​ facility is one of the biggest pork processing operations in the U.S. The company announced it will also close an additional two plants in Wisconsin and Missouri.

    By Lillianna Byington • Updated April 16, 2020
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    Christopher Doering/Food Dive
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    Mondelez faces 'unprecedented demand' online for snacks during coronavirus

    Glen Walter, president of North America, said the surge is especially prominent in its core snack offerings like Oreo and Ritz as shoppers gravitate toward trusted brands.

    By April 13, 2020
  • Rebellyous Foods Photo
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    Courtesy of Rebellyous Foods Photo / Kristie Middleton
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    Plant-based Rebellyous Foods raises $6M

    The maker of faux chicken products will use the money to hire workers, push into retail and develop equipment to make its products faster, cheaper and better quality.

    By April 13, 2020
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    Flickr
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    Scientists discover enzyme that breaks down PET plastic in a few hours

    The packaging material is popular for its ability to keep products fresh, endure temperature changes and its low cost. Only about 12% to 14% of it is recycled.

    By Jessi Devenyns • April 13, 2020
  • Terra Ingredients' Stone Mill plant in Minnesota
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    Permission granted by Terra Ingredients
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    Terra Ingredients sees demand jump 30% amid coronavirus

    Orders for the organic grain and pulse ingredients provider are coming in for both food for people and livestock feed — and 10% of that is from new customers.

    By April 9, 2020
  • Saffron Road's Delhi potatoes
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    Permission granted by Saffron Road
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    Ignoring naysayers, CPG trendspotter forges path down the Saffron Road

    Adnan Durrani's current venture, which developed some of the first halal-certified products available nationally, is on track to be a $100 million business by 2025.

    By April 9, 2020
  • Stevia plants
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    Ingredion acquires controlling stake in PureCircle

    The ingredients giant now owns 75% of the business and former shareholders of the stevia pioneer own the remaining 25%. Terms of the purchase were not disclosed.

    By Updated July 1, 2020
  • Nestlé expands blockchain to Swedish coffee brand Zoégas

    Companies have been increasing their use of the sourcing technology as consumers look for more transparency about the food and beverages they purchase.

    By Jessi Devenyns • April 9, 2020