Corporate Operations: Page 139


  • 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
  • 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
  • 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
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    Danone North America
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    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
  • 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
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    Christopher Doering
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    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 Sept. 13, 2019
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    Socati
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    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
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    Magic Spoon
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    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 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
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    Kite Hill
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    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
  • New Culture Foods leadership team
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    Courtesy of New Culture Foods
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    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
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    KIND Healthy Snacks
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    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 Sept. 11, 2019
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    Christopher Doering
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    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 Sept. 11, 2019
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    Halo Top
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    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
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    AQUAHydrate
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    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 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
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    Conagra Brands
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    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
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    Retrieved from Kroger on September 05, 2019
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    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
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    Delavau Food Partners
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    DuPont introduces powdered emulsifier for baked goods

    The company said the product is economical, easy to use and can be used in dry pre-mixes — unlike the paste form such ingredients usually take.

    By Cathy Siegner • Sept. 5, 2019
  • Barry Callebaut rolls out clean-label dark cocoa powder

    The Swiss company introduced Bensdorp Natural Dark, which is processed without alkali and meant for bakery and pastry applications, beverages and ice cream.

    By Cathy Siegner • Sept. 5, 2019
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    Retrieved from Nestle on July 30, 2019
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    Nestlé to cut 172 jobs by closing Indiana frozen food facility

    This is the latest in 4,000 layoffs announced in May, as the company reorganizes and moves from direct-to-store delivery to a warehouse model.

    By Jessi Devenyns • Sept. 5, 2019
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    MorningStar Farms
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    Kellogg goes Incogmeato with MorningStar Farms plant-based meat launch

    Along with new "bleeding" burgers, the brand will also release Chik'n tenders and nuggets, set to hit grocery stores in early 2020.

    By Lillianna Byington • Sept. 5, 2019
  • Hormel grows into plant-based meat with its new Happy Little Plants brand

    The first item to roll out is a plant-based substitute made with soy protein that can be used in any recipe calling for ground meat.

    By Cathy Siegner • Sept. 5, 2019
  • Judge bars AB InBev from using 'no corn syrup' labels

    MillerCoors filed the lawsuit in March to retaliate for an attack in Bud Light's Super Bowl ad campaign for using the ingredient in the brewing process.

    By Jessi Devenyns • Sept. 5, 2019