Corporate Operations: Page 141


  • Ajinomoto to acquire majority interest in More Than Gourmet

    The deal allows the Japanese firm to tap into the growing popularity of stocks, broths and sauces coveted because of their convenience and role in enhancing taste. 

    By Cathy Siegner • Aug. 22, 2019
  • Motif raises $27.5M to expand production of animal-free ingredients

    The nascent company has about 15 products under development, including one that would better maintain the fat structure in plant-based burgers.

    By Cathy Siegner • Aug. 22, 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
  • Planters celebrates '90s snack's return with cheesy Twitter giveaway

    People can tweet at Mr. Peanut with foods they would cover in Cheez Balls' signature powder to win a shaker full of the stuff.

    By Dianna Christe • Aug. 21, 2019
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    Del Monte Foods
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    Del Monte to lay off 844 workers as it closes 3 plants, sells another

    The company told Food Dive that the moves are necessary to remain competitive, but no additional sales or divestitures are planned.

    By Jessi Devenyns • Aug. 21, 2019
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    Retrieved from Nestle on April 20, 2016
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    Nestlé cuts 360 workers — 4K layoffs expected in logistics shift

    The CPG giant wants to streamline its operations, and changing how it distributes frozen foods is one way it's looking to simplify and save.

    By Emma Cosgrove • Aug. 21, 2019
  • Coca-Cola gets into the Christmas spirit with 2 holiday flavors

    After other flavors boosted the company's sales, Coca-Cola Cinnamon and Sprite Winter Spiced Cranberry will hit shelves starting Sept. 30.

    By Cathy Siegner • Aug. 21, 2019
  • Kraft Heinz blasts commissioners' comments after $16M settlement

    The Chicago-based company said the regulator's statements "blatantly violate and misrepresent the terms and spirit of the consent order."

    By Robert Freedman • Aug. 20, 2019
  • Hershey's C7 Ventures makes 2 sweet investments: Fulfil and Blue Stripes Cacao Shop

    The Irish snack brand makes high protein and low sugar chocolate bars, and the New York store and cafe is a haven for innovation.

    By Jessi Devenyns • Aug. 20, 2019
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    Pexels
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    How CPG companies use price increases to bolster their bottom lines and reputations

    As food and beverage brands face revenue challenges, Hershey and other companies are hiking prices on signature products.

    By Lillianna Byington • Aug. 19, 2019
  • Heinz Ketchup
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    "Heinz" by Mike Mozart is licensed under CC BY 2.0
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    Kraft Heinz's comeback begins after months of procurement scandal

    A bonus structure that rewarded cost-cutting above all else and insufficient review of supplier contracts led to years of procurement misconduct.

    By Emma Cosgrove • Aug. 16, 2019
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    Wikimedia Commons
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    Dark chocolate may lower the risk of depression, study finds

    Data on 13,626 U.S. adults reviewed by researchers at University College London also found consuming more chocolate of any type made reports of symptoms much less likely.

    By Cathy Siegner • Aug. 15, 2019
  • Chickpea snack maker Biena raises $8M to drive brand growth

    The company will use the money to expand sales, distribution and marketing efforts for its roasted snacks and a new line of puffs.

    By Cathy Siegner • Aug. 15, 2019
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    Jacob Bell
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    Opinion

    How FDA considerations impact food and beverage acquisitions

    When considering buying a company, these three lawyers argue that potential buyers should pay particular attention to regulatory requirements.

    By Allison Fulton, Ariel Yehezkel and Allison Wu Troianos • Aug. 15, 2019
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    Megan Poinski
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    Kraft Heinz's restructuring efforts eliminate 400 more jobs in 2019

    The CPG giant says these cuts are the end of a larger effort started last year that mostly impacted workers in other countries.

    By Jessi Devenyns • Aug. 15, 2019
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    BrightFarms
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    BrightFarms names new CEO to lead expansion

    Founder Paul Lightfoot will maintain the role of president of the company as it continues to scale nationally. 

    By Jennifer Sweeney • Aug. 15, 2019
  • Tyson shifts production after plant fire to 'keep supply chain full'

    A dip in processing capacity will likely manifest in a depleted and pricier spot market for beef, according to consultants. 

    By Emma Cosgrove • Aug. 14, 2019
  • RXBAR moves into the hot cereal segment with oatmeal cups

    The company's single-serve RX A.M. Oats are gluten-free and will use the same ingredients as its popular bars.

    By Cathy Siegner • Aug. 13, 2019
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    Mosaic Foods
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    Opinion

    Food for thought: From outer space to the kitchen table

    With advances in technology, a growing population and shifting consumption habits, Anthony DeLio with Ingredion says the food industry needs to become more agile to address changing consumer demands.

    By Anthony DeLio • Aug. 13, 2019
  • Bumble Bee considers bankruptcy following price-fixing charge

    After the company and its competitor StarKist pleaded guilty to conspiring to raise the cost of canned tuna for U.S. customers, both businesses were hit with substantial fines. 

    By Jessi Devenyns • Aug. 12, 2019
  • Hostess to move its corporate headquarters from Missouri to Kansas

    The maker of Twinkies and Ding Dongs, which will receive tax incentives and credits for the move, also will build a consumer research center next to its new office.

    By Cathy Siegner • Aug. 12, 2019
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    Adeline Kon/Food Dive
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    Deep Dive

    Food and beverage veterans make an exodus to cannabis

    Despite regulatory complications, more executives have been recruited to the trendy space in recent months.

    By Lillianna Byington • Aug. 12, 2019
  • AB InBev takes another shot at the hard seltzer category

    The world's largest brewer is introducing Natural Light Seltzer in a bid to attract college-age fans of the brand, but with a lower price and higher ABV than other products in the segment.

    By Cathy Siegner • Aug. 12, 2019
  • 3 trends in food and beverage packaging

    They say you can't judge a book by its cover, but many consumers judge products by their packages. Food Dive and Grocery Dive took a look at three trends in packaging today.

    By Food Dive and Grocery Dive staff • Aug. 9, 2019
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    Pixabay
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    3 investments food and grocery companies are making for the future

    As food and grocery companies head into the future, they are exploring new technologies and new ideas to push their industries forward. Food Dive and Grocery Dive looked at specific places that are seeing interest and investment.

    By Food Dive and Grocery Dive staff • Aug. 9, 2019
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    Atomik
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    Column

    Leftovers: Atomik vodka creates a nuclear reaction; Twinkies shoots for the moon

    Scientists created artisanal spirits made from crops grown near Chernobyl, and The Coffee Bean & Tea Leaf is celebrating the anniversary of "Friends."

    By Food Dive staff • Aug. 9, 2019