Corporate Operations: Page 51

  • kellogg rice farming ag farmers
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    Courtesy of Kellogg
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    Kellogg sees positive results from sustainable rice farming pilot

    The cereal giant said the project, focused in the Lower Mississippi River Basin growing area, will inform its approach to other sustainability endeavors.

    By • Feb. 2, 2023
  • halo top desserts baking
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    Courtesy of Halo Top
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    Halo Top enters baking mix category

    The maker of better-for-you treats is launching its first product lines outside the ice cream space after another year of slowing sales for its flagship frozen desserts.

    By • Feb. 2, 2023
  • Mergers and acquisitions Explore the Trendline➔
    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
  • Eggs on shelves at a grocery store.
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    Catherine Douglas Moran/Food Dive
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    Egg prices to remain high for as long as bird flu continues, experts say

    After prices more than doubled over the past year, producers are grappling with the impact of the virus while politicians and activists call for investigations into potential price gouging.

    By • Feb. 2, 2023
  • Dole, produce
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    Retrieved from Dole.
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    Dole selling its fresh vegetables division for $293M to Chiquita subsidiary

    The fresh produce giant said proceeds from the sale of the division, which generated revenue of $1.28 billion in 2021, will be used primarily to pay down debt.

    By • Feb. 1, 2023
  • Boxes of several varieties of Magic Spoon cereal lay around a bowl of the multicolored Fruity variety.
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    Courtesy of Magic Spoon
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    Magic Spoon expands retail launch to 6,800 stores

    The better-for-you cereal brand, which was only available online until last summer, will be on shelves at Walmart, Kroger and Albertsons, as well as more Target locations.

    By • Feb. 1, 2023
  • The photo shows cannabis plants growing in a greenhouse.
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    Drew Angerer via Getty Images
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    How FDA stopped the momentum for CBD in food and drink

    Several companies bought big into the once-promising segment, but the government’s decision not to permit the ingredient in food and beverages has left producers unwilling to invest further.

    By • Jan. 31, 2023
  • Components of Tindle's Motel Chicken Sandwich meal kit on a white table. Sandwiches are in the center on a cutting board, with packages, sauces, coleslaw, info cards and a baking tray with patties.
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    Courtesy of Next Gen Foods
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    New Tindle chef-curated meal kits elevate the plant-based meat experience

    The kits, available on Goldbelly, are part of a massive global consumer expansion of Next Gen Foods’ signature chicken analog product.

    By • Jan. 31, 2023
  • oatly climate carbon footprint labeling
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    Courtesy of Oatly North America
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    Oatly debuts carbon footprint labeling on U.S. products

    The oat milk maker, which first added the labels in Europe, said it aims to educate consumers and spur other companies to provide transparency about their emissions.

    By • Jan. 31, 2023
  • pepsico regenerative agriculture emissions
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    Courtesy of PepsiCo
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    Deep Dive

    Food companies say they can reduce their emissions this year. Experts are skeptical.

    Academics and environmental groups say CPGs’ reliance on regenerative agriculture and carbon credits may not be enough to realistically hit their time-based goals.

    By • Jan. 30, 2023
  • Horizon Organic, Danone
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    Retrieved from Danone.
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    Danone exploring options, including a sale, for US organic dairy business

    The review includes the Horizon Organic and Wallaby brands, which represent 3% of the company’s global revenues and have been a drag on growth and margins.

    By • Jan. 30, 2023
  • Unilever HQ
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    Permission granted by Unilever
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    Unilever taps Royal FrieslandCampina head as new CEO

    Hein Schumacher takes the helm of the CPG giant in July. Alan Jope announced his retirement in September.

    By • Updated Jan. 30, 2023
  • simply, mixer, coca-cola
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    Courtesy of Coca-Cola
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    Coca-Cola extends its Simply juice brand into mixers

    Simply Mixology joins similar offerings from PepsiCo and Keurig Dr Pepper as nonalcoholic beverage companies make inroads into alcohol mixers and mocktails.

    By • Jan. 27, 2023
  • Loose black-eyed peas lay next to the pods in which they grow on a white surface
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    Courtesy of BetterSeeds
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    BetterSeeds creates GMO cowpeas to replace soy

    The Israeli company’s bioengineered plant could stand up straight and be harvested just like the commodity oilseed crop, which is harder to grow in hotter, drier conditions.

    By • Jan. 26, 2023
  • Machinery, including large tanks and piping, used for biomass fermentation in an industrial building with red tile floors. A few people in hardhats are near the equipment.
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    Courtesy of Meati Foods
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    Meati’s Mega Ranch opens, increasing its scale for a national launch

    Production at the 100,000-square-foot mycelium meat analog fermentation plant will equal that of a traditional cattle farming facility, pound for pound, the company said.

    By • Jan. 26, 2023
  • Tyson Foods office building
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    Scott Olson via Getty Images
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    Tyson CFO pleads guilty to trespassing, intoxication charges: report

    John Randal Tyson, great-grandson of the meat company’s founder, was initially arrested in November.

    By Elizabeth Flood • Jan. 25, 2023
  • A stock image of planning for investment returns.
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    "SMRs" by QuoteInspector is licensed under CC BY-ND 2.0
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    7 in 10 food and beverage execs anticipate revenues rising in 2023: survey

    Product expansion and innovation is top of mind, leaders told Marcum LLP, with 72% indicating it is their main business strategy going forward.

    By • Jan. 25, 2023
  • Vita Coco
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    Permission granted by Vita Coco
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    Vita Coco’s reinvention: How reassessing its customer base is paying off

    The New York company has watched its sales and marketing soar as consumers gravitate toward its better-for-you offering and industry giants such as Coca-Cola exit the category.

    By • Jan. 25, 2023
  • perdue snackers chicken
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    Courtesy of Perdue
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    Perdue’s new chicken products lean into at-home cooking and snacking trends

    Flavor-Infused Chicken is fully cooked sous vide bites, while Chicken Plus Snackers are a flavor-forward extension to the company’s plant-based hybrid line.

    By • Jan. 24, 2023
  • Camino Partners execs and the Belgian Boys brand founders have their arms around each other in front of a pink Belgian Boys trade show booth.
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    Permission granted by Camino Partners
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    Former Kind execs launch incubation and investment firm Camino Partners

    The entity represents a new name and mission for Daniel Lubetzky’s Equilibra Partners Management, with a goal of helping startups on their journey.

    By • Jan. 24, 2023
  • Overhead view of hands touching plates of chicken dishes, including a rice bowl and tacos, on a yellow table with a light brown cloth napkin, two glasses and a bowl of tortilla chips
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    Permission granted by Believer Meats
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    How Believer Meats is building the future for cultivated chicken

    The company, formerly known as Future Meat Technologies, hopes to have its North Carolina commercial-scale facility operational — and approval to put its meat on U.S. consumers’ plates — by Q1 2024.

    By • Jan. 23, 2023
  • A JBS meatpacking plant in Greeley, Colorado.
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    Matthew Stockman/Getty via Getty Images
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    Homeland Security probes potential child trafficking at JBS slaughterhouses, NBC reports

    A high number of minors the Labor Department found were illegally working for a cleaning contractor at two of the Brazilian meat giant’s plants were also migrants, officials told the network.

    By • Jan. 23, 2023
  • Mars ice cream twix M&M's dove
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    Courtesy of Mars
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    Column

    Leftovers: Mars Wrigley goes further into freezer aisle; Talenti scoops into bars

    The confectionery giant’s mission to triple the size of its ice cream business continues with three new offerings, and Snax-sational Brands brings Post’s Fruity Pebbles cereal to popcorn.

    By Food Dive staff • Jan. 20, 2023
  • Danone
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    Courtesy of Danone
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    Danone names 3 deputy CEOs to head top divisions

    The restructuring will help the yogurt and water maker improve its decision-making, execution and growth, the company said. The executives will report to CEO Antoine de Saint-Affrique.

    By • Jan. 20, 2023
  • A group of people in lab coats stand in front of a lab with tanks for precision fermentation behind them.
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    Permission granted by The Live Green Co
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    Live Green Co adds precision fermentation to enhance recommendations

    The new division brings new proteins into the reformulations its Charaka platform is able to make.

    By • Jan. 19, 2023
  • Campbell Soup
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    Christopher Doering/Food Dive
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    Campbell Soup to add 330 jobs, spend $50M at HQ to consolidate snacking operations

    The Goldfish and Pop Secret maker also plans to close its operations in Charlotte, North Carolina, and Norwalk, Connecticut, and bring those jobs to its campus in Camden, New Jersey.

    By • Jan. 19, 2023