Corporate Operations: Page 132
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Industry should advocate for Trump's trade and immigration reforms, says USDA head
The president is agriculture's "best advocate," Sonny Perdue told attendees at the United Fresh Produce Association's Washington Conference.
By Lillianna Byington • Sept. 19, 2019 -
Keurig Dr Pepper-backed firm launches smart nutrition bottle
LifeFuels, in which the soda giant invested last year, allows consumers to create personalized beverages on the go while tracking their hydration goals.
By Christopher Doering • Sept. 18, 2019 -
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 -
Cargill to shut down fresh and frozen turkey production at Texas plant
The Minnesota company has closed other facilities in the past few years, including a beef plant in Milwaukee and a malt plant in North Dakota.
By Cathy Siegner • Sept. 17, 2019 -
Plant-based meat survivor: Which brands will stay on the shelf?
As more companies flood the space with products like faux hamburgers, only the ones with the highest quality and taste will outlast the market, Beyond Meat Executive Chairman Seth Goldman said.
By Christopher Doering • Sept. 17, 2019 -
Opinion
What happened to my Bud? Beverage makers flock to CBD-infused drinks
Beer and other drink companies are concerned that consumers would trade in their product for one with the cannabis compound — providing the high but without the calories.
By Tom Newmaster • Sept. 17, 2019 -
Oreo debuts Alexa integration to help fans guess mystery flavor
It will provide clues for guessing the new variety and place direct voice orders.
By Robert Williams • Sept. 16, 2019 -
Are big CPG companies getting serious about reducing plastic packaging?
Nestlé's new research institute will devise more environmentally friendly solutions, and PepsiCo plans to reduce the amount of virgin plastic in its beverage containers by 2025.
By Cathy Siegner • Sept. 16, 2019 -
Column
Leftovers: Yogurt gets a caffeinated boost, MillerCoors brews hard coffee
Danone is launching Oikos Pro Fuel, a drinkable yogurt packed with 100 milligrams of caffeine; and Kellogg's Rice Krispies Treats partnered with Autism Speaks to create sensory love notes.
By Food Dive staff • Sept. 13, 2019 -
Redefine Meat raises $6M to produce 3D-printed meat alternatives
The Israeli startup said it can produce animal-free meat with the same appearance, texture and flavor as the traditional version. It hopes to enter mass production in 2021.
By Cathy Siegner • Sept. 13, 2019 -
Canopy Growth's CFO predicts long-term growth following rocky summer
The Canadian cannabis company has endured a challenging 2019 that has included the surprise firing of its co-CEO and strained relations with its major investor, Constellation Brands.
By Jane Thier • Sept. 13, 2019 -
Organic cheerleaders optimistic as growth in popular category slows
Panelists at Expo East spoke about the segment that has posted a growth rate of 5.9% in 2018 compared to increases of 6.4% a year earlier and 12.2% in 2013.
By Christopher Doering • Sept. 13, 2019 -
Socati CEO wants to fill the 'void in the market' for CBD ingredients
In recent months, the company has launched new products, raised $40 million and acquired a manufacturing facility to scale its production.
By Lillianna Byington • Sept. 12, 2019 -
Magic Spoon gets $5.5M in seed funds to reinvent the cereal category
The money will be used to expand the direct-to-consumer business, hire more people, increase marketing and create new flavors.
By Megan Poinski • Sept. 12, 2019 -
StarKist hit with maximum $100M fine in tuna price-fixing case
In addition to the financial penalty, a federal judge in California put the company on 13 months of probation for conspiring to set U.S. prices.
By Cathy Siegner • Sept. 12, 2019 -
Innophos looking into options — including sale, report says
This appears to be a turn in strategy from the New Jersey-based maker of specialty ingredients, which was working toward growth through acquisitions two years ago.
By Cathy Siegner • Sept. 12, 2019 -
Kite Hill attracts $10M more to boost plant-based dairy products
The California-based maker of yogurt, cheese and dips sourced from almond milk plans to use this latest investment on innovation, infrastructure, people and marketing.
By Cathy Siegner • Sept. 11, 2019 -
Kraft Heinz's VC fund leads $3.5M round for animal-free dairy cheese maker
Sales continue to drop for the CPG giant, but emerging startup New Culture could help it tap into a new consumer base.
By Cathy Siegner • Sept. 11, 2019 -
Kind hires former Pepsi and Campbell Soup executive as CEO
Mike Barkley, who joined the snack maker last fall as president and COO, takes over for founder Daniel Lubetzky, who will become the company's executive chairman.
By Christopher Doering • Sept. 11, 2019 -
Deep Dive
Legacy veggie burgers fight to keep their sizzle in a Beyond Meat and Impossible Foods world
Conagra's Gardein, Kellogg's MorningStar Farms and Kraft Heinz's Boca have moved aggressively to keep pace as new products with a more meat-like taste and texture hit the market.
By Christopher Doering • Sept. 11, 2019 -
Blue Bunny ice cream maker Wells Enterprises to buy Halo Top
With this acquisition, Wells could get closer to surpassing Unilever as the top ice cream manufacturer in the U.S.
By Cathy Siegner • Sept. 10, 2019 -
Alkaline Water Company buys celebrity-backed AQUAHydrate
Mark Wahlberg and Sean Combs, both part owners of the brand, will retain some shares as part of the all-stock deal. The new firm will have more than $65 million in sales in FY 2020.
By Megan Poinski • Sept. 10, 2019 -
Dean Foods decides against a sale after strategic review
After seven months, the Board of Directors chose to continue independent operations under the leadership of Eric Beringause, appointed CEO in July.
By Lillianna Byington • Sept. 9, 2019 -
Conagra to establish snacking innovation center in Chicago
The company is expanding its current R&D facilities with a new 40,000 square-foot space that will open in the first quarter of 2020 and employ 50 people.
By Jessi Devenyns • Sept. 9, 2019 -
Tyson invests in plant-based shrimp maker New Wave Foods
The company's venture arm took a stake in the startup, which plans to introduce its product in food service early next year.
By Cathy Siegner • Sept. 6, 2019 -
Retrieved from Kroger on September 05, 2019
Kroger launches plant-based collection
The retailer's Simple Truth line will add products including meatless burger patties and grinds, plant-based cookie dough, pasta sauces and sausages.
By Krishna Thakker • Sept. 6, 2019