Corporate Operations: Page 49


  • adm brightseed AI
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    Courtesy of ADM
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    How ADM and Brightseed are using AI to expand microbiome potential

    The ingredients and commodity giant said the upstart’s technology will help it meet the growing demand for gut health products by identifying bioactive components in plants.

    By April 13, 2023
  • A person in a yellow shirt uses red chopsticks to pick up grilled cultivated chicken and ramen noodles in a green bowl.
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    Courtesy of Believer Meats
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    ADM partners with Believer Meats on cultivated products

    The agreement brings the global food giant’s ingredients and nutritional expertise to enhance cultured meat items, and lays out a path to potentially produce them for commercialization.

    By April 12, 2023
  • 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
  • Chobani
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    Permission granted by Chobani
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    Chobani taking cautious approach to entering new categories as it prioritizes innovating existing core

    After moving beyond its Greek yogurt roots into coffee, creamer and oatmilk, the food maker is now focusing on new flavors, packaging formats and additional usage occasions.

    By April 12, 2023
  • tyson van buren strike arkansas labor
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    Retrieved from Venceremos on April 11, 2023
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    Tyson workers go on strike at Arkansas plant set to close in May

    Employees are demanding fair working conditions, including a severance payment for production floor workers, full payment of unused vacation time and compensation for injury claims.

    By April 11, 2023
  • Hain Celestial
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    Permission granted by Hain Celestial
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    Deep Dive

    The ambitious plan by Hain Celestial’s new CEO to restore growth and evolve the better-for-you food giant

    In her first interview since taking over in January, Wendy Davidson said her strategy at the Greek Gods yogurt and Terra chips maker prioritizes increasing innovation, boosting brand awareness and expanding distribution.

    By April 11, 2023
  • A birdseye view of a bunch of open cans with canned food inside.
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    Getty Images
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    Conagra manufacturing disruption spurs canned food shortages

    Issues securing and ensuring quality cans affected the availability of some products, CEO Sean Connollly said in its latest quarterly earnings call.

    By Kelly Stroh • April 10, 2023
  • Chicken
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    Getty Images
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    Pilgrim’s Pride, Perdue settle in poultry price-fixing case totaling $35M

    These chicken producers join a dozen other companies that have agreed to a settlement with Washington state’s attorney general who says the businesses colluded to increase profits. Five processors have yet to settle.

    By April 10, 2023
  • Bottles of plant-based milks next to their main ingredient.
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    Wayhome Studios

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    One-third of consumers can’t find a plant-based dairy product they like, survey finds

    Ingredients provider Ofi found while 65% of consumers are buying these options along with regular dairy, many have not found completely satisfying offerings that fit their needs.

    By April 6, 2023
  • spaghettios franks red hot
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    Courtesy of Campbell Soup
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    Column

    Leftovers: SpaghettiOs packs heat with Frank’s Red Hot; Rice Krispies pops into candy bars

    The Campbell Soup-owned pasta dish is tapping the popular hot sauce for its new product, and better-for-you brand Jovial Foods serves up gluten-free mac and cheese from Italy.

    By Food Dive staff • April 6, 2023
  • eggs grocery store
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    Brandon Bell via Getty Images
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    Sen. Sanders calls to ‘break up’ large egg producers as Cal-Maine profits surge 718%

    The lawmaker once again brought up his rallying call to split “Big Ag” after the country's largest egg producer announced its latest quarterly profits.

    By Updated April 6, 2023
  • Nissin's Top Ramen
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    Courtesy of Nissin
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    Sales at Top Ramen maker Nissin surge 41%

    The company, which holds a 40% share of the instant ramen segment in the U.S., is benefiting from strong demand for its core products and newer innovations.

    By April 5, 2023
  • Small pieces of chocolate sit on a surface covered with crushed cocoa beans
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    Courtesy of Barry Callebaut
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    Chocolate maker Barry Callebaut appoints new CEO

    The announcement that Peter Feld is taking the top spot came on the same day that the Swiss chocolate company reduced the amount it is investing and trimmed its sales guidance more than analysts had been expecting. 

    By April 5, 2023
  • A grid features two images of packages of Cheribundi juices, GoodBelly Fast Melts, GoodBelly juice cartons, and the NextFoods logo
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    Permission granted by NextFoods
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    GoodBelly maker NextFoods acquires tart cherry beverage Cheribundi

    The merger of the gut health probiotic juice brand and the natural sports recovery drink will expand their reach and production, CEO Marcel Bens said.

    By April 5, 2023
  • Guinness, beer
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    Brian Ach via Getty Images
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    Diageo to close Maryland Guinness facility, cut about 100 jobs

    The alcohol maker, which opened the location in 2018, said it made the decision to “ensure long term sustainable growth” of its business and to optimize its existing operations.

    By April 4, 2023
  • Hogs
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    Getty Images
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    Conagra commits to phasing out gestation crates amid pressure

    The food giant aims to source all of its pork from farms that use open pen gestation systems by 2026, a win for The Humane Society which had been pushing for the change. 

    By April 4, 2023
  • A bottle of Hot 57 Sauce and three bottles of Heinz Spicy Ketchup sit on a red surface with a dark pink background. There are jalapeno slices to the left and a hand dunking a nugget in ketchup at righ
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    Courtesy of Kraft Heinz
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    Kraft Heinz turns up the heat with Spicy Ketchup

    Three varieties of the condiment — each featuring a different pepper — and Hot 57 Sauce are hitting stores as part of the company’s innovation platform.

    By April 4, 2023
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    David McNew via Getty Images
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    Despite dire warnings in climate report, HowGood sees promise in food production

    The sustainability platform’s chief innovation officer Ethan Soloviev said in an interview that carbon sequestration and deforestation provide solutions to food insecurity despite Big Food’s impact on emissions.

    By April 3, 2023
  • Hersheys executives posing for photo
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    Permission granted by The Hershey Company
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    Sponsored by The Hershey Company

    Food meant for children in West Africa was at risk of going to waste. That’s when Hershey stepped in.

    More than 1 million servings of a nutritional product for children was sitting, abandoned, in a warehouse in West Africa, because of disruptions caused by Covid-19.

    April 3, 2023
  • A graphical representation of Cup Noodles Breakfast. The cup is in the middle and there are graphics of pancakes and syrup, scrambled eggs, sausage links and chopsticks holding noodles in the corners.
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    Courtesy of Nissin Foods USA
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    Column

    Leftovers: Nissin brings Cup Noodles to breakfast; Kellogg rolls into another Little Debbie cereal

    The ramen maker taps the flavors of pancakes, eggs and sausage for its new variety, and Blue Bunny expands its presence in frozen treats with Mini Bars and soft serve ice cream.

    By Food Dive staff • March 31, 2023
  • cocoa trees agroforestry
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    Courtesy of Barry Callebaut
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    Barry Callebaut partners with Nestlé on agroforestry project

    The chocolate producers believe they can lower the carbon emissions of their supply chains by planting new trees and implementing climate positive practices across 30,000 acres of land.

    By March 30, 2023
  • A small sausage and pepper sandwich on a roll sits on a wooden cutting board on a brown surface. A skillet of sauteed peppers is behind it.
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    Courtesy of New Age Eats
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    Cultivated meat maker New Age Eats shuts down

    Founder and CEO Brian Spears said the company’s financial woes had nothing to do with the segment’s viability.

    By March 29, 2023
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    Paula Bronstein via Getty Images
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    Tyson wins COVID lawsuit against meatpacking employees

    The U.S. appeals court in New Orleans granted the meat giant's motion to dismiss the case, stating the workers did not provide evidence they contracted the virus as a result of the company's negligence.

    By March 29, 2023
  • ingredion
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    Christopher Doering/Food Dive
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    How thinking small could pay off big for Ingredion

    The ingredient supplier is spending more time partnering with upstart companies to run tests and troubleshoot — a move that lays a foundation for growth while expediting product development for young businesses.

    By March 29, 2023
  • easter eggs
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    Getty Images
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    Egg market may be improving ahead of Easter, but bird flu brings unknowns: Wells Fargo

    As producers work to rebuild flocks, they remain cautious about the impact the virus will have this year, the banking giant's Agri-Food Institute sector manager said.

    By March 28, 2023
  • Kind
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    Permission granted by Kind
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    Q&A

    Kind CEO aims to reach more consumers, bring the brand to other parts of the store

    In an interview, Russell Stokes talked about price increases, how products are faring in the current environment and changes in shopping behaviors.

    By March 28, 2023