Corporate Operations: Page 49
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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 Chris Casey • April 13, 2023 -
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 Megan Poinski • 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 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 Christopher Doering • April 12, 2023 -
Retrieved from Venceremos on April 11, 2023
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 Chris Casey • April 11, 2023 -
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 Christopher Doering • April 11, 2023 -
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 -
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 Chris Casey • April 10, 2023 -
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 Chris Casey • April 6, 2023 -
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 -
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 Chris Casey • Updated April 6, 2023 -
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 Chris Casey • April 5, 2023 -
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 Christopher Doering • April 5, 2023 -
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 Megan Poinski • April 5, 2023 -
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 Christopher Doering • April 4, 2023 -
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 Chris Casey • April 4, 2023 -
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 Megan Poinski • April 4, 2023 -
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 Chris Casey • April 3, 2023 -
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 -
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 -
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 Chris Casey • March 30, 2023 -
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 Megan Poinski • March 29, 2023 -
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 Chris Casey • March 29, 2023 -
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 Christopher Doering • March 29, 2023 -
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 Chris Casey • March 28, 2023 -
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 Christopher Doering • March 28, 2023