Corporate Operations: Page 140


  • Pilgrim's Pride reaches $29M deal in wage-fixing case

    The settlement was made with workers who claimed the processor worked with other poultry companies to keep pay low, according to Law360.

    By Cathy Siegner • Updated July 8, 2021
  • Boston Beer is eyeing the cannabis market, CEO says

    While Dave Burwick expressed interest in the trendy ingredient, he noted the company won't wade into the category for some time as it focuses on its popular hard seltzer.

    By Cathy Siegner • Sept. 4, 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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    Cambridge SPG
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    Deep Dive

    Venture capitalists feast on food in search of big profits

    Investors have pumped millions of dollars into nascent companies tied to trends such as plant based and sustainability with the hope of striking it rich.

    By Jessi Devenyns • Sept. 4, 2019
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    Durham Distillery
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    Constellation takes minority stake in Durham Distillery

    By funding the North Carolina-based distiller, known for its gin and canned cocktails, the beverage company continues its recent investments in craft alcohol makers. 

    By Jessi Devenyns • Sept. 3, 2019
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    Christopher Doering
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    Campbell Soup hires former Chobani CFO

    The new finance chief will join Mark Clouse, who took over as CEO in January, as the company repositions its portfolio to better address changing consumer trends.

    By Jane Thier • Aug. 30, 2019
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    Mars Wrigley
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    Column

    Leftovers: Skittles get an undead makeover; summer ends with hot dog ice cream sandwiches

    Mars introduces Zombie Skittles that give consumers a chance to taste a rotten flavor, and healthy ice cream brand Enlighted is releasing keto ice cream.

    By Food Dive staff • Aug. 30, 2019
  • Cell-based meat and seafood producers form alliance

    Memphis Meats, Just and Finless Foods are among the founding members of the Alliance for Meat, Poultry & Seafood Innovation.

    By Cathy Siegner • Aug. 30, 2019
  • Cargill invests $75M in pea protein maker Puris

    The funding will enable the Minnesota company, which also supplies the ingredient to Beyond Meat, to more than double its production. 

    By Cathy Siegner • Aug. 29, 2019
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    Castle Brands
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    Pernod Ricard to acquire Castle Brands for $223M

    The French spirits company continues to grow its portfolio and expand its reach in whiskey with a string of acquisitions.

    By Lillianna Byington • Aug. 29, 2019
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    Stoli Group
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    Nick Jonas enters celebrity-packed tequila space

    Villa One, which is being promoted at Jonas Brothers concerts before reaching the market in 2020, has artesian well water and sustainably sourced agave.

    By Jessi Devenyns • Aug. 29, 2019
  • Pilgrim's Pride acquires UK pork processor for $354M

    The Colorado-based chicken producer said buying Tulip will strengthen its European footprint while increasing its presence with the popular meat product.

    By Cathy Siegner • Aug. 29, 2019
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    FDA
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    Study looks at keeping bias out of food industry-funded research

    Scientists agreed on overall principles, but failed to reach a consensus on which commercial entities were acceptable to interact with and accept funding from.

    By Cathy Siegner • Aug. 28, 2019
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    ONE Brands
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    Hershey buys One Brands for $397M, expanding bar options

    The acquisition comes after the producer of Kisses and Reese's ​took a minority stake in Fulfil, a manufacturer of high-protein, vitamin-fortified nutrition snacks.

    By Jessi Devenyns • Updated Sept. 23, 2019
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    Christopher Doering
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    Stuck on spuds: Idahoan harvests center of the store success

    The producer of mashed potatoes has grown sales and household penetration despite the emergence of new food trends and the popularity of perimeter items at the supermarket.

    By Aug. 28, 2019
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    Megan Poinski
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    Kraft Heinz to replace CFO after year of upheaval

    David Knopf will depart the company next month and return to his former employer, 3G Capital.  

    By Jane Thier • Aug. 27, 2019
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    Two Roots
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    Triple threat: Two Roots offers craft beer in alcohol, non-alcohol and cannabis varieties

    The company will introduce non-alcoholic versions in lager, IPA, wheat and seasonal styles at all BevMo locations in California next month.

    By Cathy Siegner • Aug. 27, 2019
  • AB InBev passes on acquiring the Craft Brew Alliance

    The brewing giant opted to pay a one-time $20 million fee to the company instead of purchasing the remaining shares beyond its current 31.3% ownership.

    By Cathy Siegner • Aug. 26, 2019
  • Nestlé reformulates its plant-based Incredible Burger

    Nearly half a year after its initial release, the company is tweaking its Incredible Burger, which is made of soy and wheat, to be juicier and beefier.

    By Jessi Devenyns • Aug. 26, 2019
  • BlueNalu is ready to take the plunge with long-range cell-based seafood production plans

    The San Diego-based startup plans to introduce products into a test market in two to three years and break ground on its first large-scale production facility in five years.

    By Cathy Siegner • Aug. 26, 2019
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    Celestial Seasonings
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    Column

    Leftovers: Grateful Dead-inspired tea to brew voter registration, Halo Top hits the makeup box

    Trouble ahead? Trouble behind? Celestial Seasonings' Ramble On Rose tea can help you watch your speed, and FitJoy gets the snack puff in shape.

    By Food Dive staff • Aug. 23, 2019
  • Why olive oil tariffs are controversial

    Lawmakers are asking the Trump administration to take a 100% duty on EU imports of the cooking staple off the table, which they say could lead to high prices and shortages.

    By Jessi Devenyns • Aug. 23, 2019
  • PureCircle shows off its stevia ingredients in ice cream

    The Chicago company is the latest to use the frozen summer treat as a way to showcase its products.

    By Cathy Siegner • Aug. 22, 2019
  • Will Smashmallow continue its success with a new line of gummies?

    Smashing into product categories is what this brand does best, and an investment from Alliance Consumer will bring the low-sugar confections to shelves next year.

    By Jessi Devenyns • Aug. 22, 2019
  • Is Kellogg the biggest competitor in the plant-based meat sector?

    Analysts say the company's MorningStar Farms brand could give Beyond Meat and Impossible Foods a run for their money.

    By Cathy Siegner • Aug. 22, 2019
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    Quest
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    Atkins owner to acquire protein-food maker Quest for $1B

    The purchase by Simply Good Foods expands its reach into better-for-you snacking while broadening its product offerings.

    By Aug. 22, 2019