Corporate Operations: Page 2
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Beyond Meat accused of unfair competition because of misleading claims in new lawsuit
The federal lawsuit is the latest attack on the company from former co-manufacturer Don Lee Farms, which says its publicly traded competitor overstates its protein content and incorrectly says its ingredients are natural.
By Megan Poinski • June 3, 2022 -
Food supplier cyber risk spreads 1 year after JBS attack
Multiple cyberattacks have hit the industry during the past year and the FBI recently warned the sector could be a prime target.
By Matt Kapko • June 2, 2022 -
Trendline
Better-for-you
The better-for-you trend has made its way into nearly ever facet of the food and beverage space, with the coronavirus pandemic prompting consumers to pay even more attention to what they put in their bodies.
By Food Dive staff -
Beer drinkers clinging to higher-priced brews as inflation rages, Molson Coors CEO says
In an interview, Gavin Hattersley said price increases for the alcoholic beverage are trailing those hitting gas and other food categories, making it an affordable offering for many people.
By Christopher Doering • June 2, 2022 -
JBS units agree to infectious disease plan in OSHA settlement
The workplace safety agency also fined the meat processing company $14,502 after finding facilities in Colorado and Wisconsin did not do enough to protect workers.
By Christopher Doering • June 1, 2022 -
Activist Nelson Peltz to join Unilever board
The investor, whose group owns a 1.5% stake in the European CPG giant, has a track record of pushing large food companies to split off less profitable divisions.
By Megan Poinski • May 31, 2022 -
Sweegen declares victory in stevia patent case, but PureCircle will appeal
This is the final case that the once-litigious stevia grower, now owned by Ingredion, filed against a competitor.
By Megan Poinski • Updated May 26, 2022 -
Flying ice cream? Unilever links with drone delivery service Flytrex
The CPG giant is looking to scoop up more customers for its virtual storefront with delivery in under three minutes and exclusive product bundles.
By Catherine Douglas Moran • May 26, 2022 -
Sabra sees double-digit loss in sales and market share after hummus plant closure
The dip maker is working to boost production after a voluntary recall over salmonella contamination forced the facility to close and implement new safety measures.
By Samantha Oller • May 26, 2022 -
How Bowery Farming is growing the indoor agriculture space
The vertical farming company opened its largest farm in Pennsylvania this week, with two more facilities, more technology and new crops on the way.
By Megan Poinski • May 26, 2022 -
Eat Just announces plans for commercial-scale cell-based meat facility
The cultivated meat maker entered an agreement with biotech process engineering company ABEC, which will build 10 bioreactors for the plant. The company says it will be able to make 30 million pounds of product annually.
By Megan Poinski • May 25, 2022 -
General Mills to sell Helper, Suddenly Salad for $610M
Eagle Foods, known for its sweetened condensed milk, will buy the two brands. The transaction could help both companies expand in growing categories.
By Chris Casey • May 25, 2022 -
Oatly selects top candidate for next CEO, WSJ reports
Incoming president Jean-Christophe Flatin is likely in line to replace Toni Petersson, who has led the oat milk giant since 2012, sources told the publication.
By Samantha Oller • May 25, 2022 -
Boston Beer moves into cannabis-infused iced teas
Each can of TeaPot contains five milligrams of THC and will be available in some Canadian provinces in July.
By Christopher Doering • May 24, 2022 -
Coca-Cola to discontinue its Honest teas line in late 2022
The company plans to continue producing the "quickly growing" Honest Kids juice offering while prioritizing the expansion of its Gold Peak and Peace Tea brands.
By Christopher Doering • May 24, 2022 -
Deep Dive
What's standing in the way of a circular food packaging economy?
As CPGs test new bottle and wrapper prototypes and set goals to cut virgin plastic use, critics warn roadblocks could trip up their progress.
By Chris Casey • May 24, 2022 -
Hershey adds distribution centers to boost capacity ahead of Halloween
Three new facilities will help the chocolate maker meet demand it hasn't been able to fulfill.
By Alejandra Salgado • May 23, 2022 -
Consumers wrestle with shortages, sticker shock in the grocery aisle
The combination of hard-to-find food items and higher prices is opening a window of opportunity for private label brands, according to Morning Consult research.
By Chris Casey • May 20, 2022 -
Ginkgo Bioworks partners with Evo Foods on animal-free eggs
The U.S. biotech company will offer its scientific expertise in precision fermentation to help the Indian plant-based CPG create an ingredient to use in its products.
By Megan Poinski • May 19, 2022 -
Cargill to build soybean processing facility to meet rising oilseed demand
The company plans to break ground on the plant early next year and expects it to be operational in 2026. Once completed, the new structure will create about 45 full-time positions.
By Christopher Doering • May 19, 2022 -
Dippin' Dots to be acquired by Icee owner J&J Snack Foods for $222M
The snack maker said the purchase will complement its existing frozen business and leverage its expertise to grow the ice cream brand and enter new markets.
By Christopher Doering • May 19, 2022 -
Nestlé's Hot Pockets brand enters portable sandwich market
The Deliwich is designed to be taken on-the-go frozen and ready to eat by lunchtime. It will compete against offerings like J.M. Smucker's Uncrustables.
By Christopher Doering • May 18, 2022 -
Beer giant Molson Coors taps into plant-based milk
Golden Wing is part of the company's goal to reach $1 billion in revenue by 2023 from its emerging growth division launched three years ago.
By Christopher Doering • May 17, 2022 -
ADM partners with Eat Just on cell-based meat growth medium and product development
This is the ingredient powerhouse's first agreement in the cultivated meat space, and the company says it fits in with its strategic focus on alternative proteins.
By Megan Poinski • May 17, 2022 -
Meat processors used 'baseless' claims of shortages to keep plants open during COVID-19: report
A congressional investigation said Tyson and others influenced a Trump order to ensure facilities would continue operating despite local and state health measures.
By Christopher Doering • Updated May 17, 2022 -
Consumers 'laser-focused' on discounts as food prices hit four-decade high
Shoppers are actively trading down as the cost of meat, eggs, butter and other staples soar, according to an analyst.
By Chris Casey • May 13, 2022