Corporate Operations: Page 63
-
Utz brings chip brand Zapp’s into seasoned pretzels
With the new launch, the snack maker is tapping into a product known for unique flavors like Cajun Dill Gator-Tators, while leaning into growing demand for premium items.
By Christopher Doering • Oct. 13, 2022 -
U.S. Supreme Court weighs impact of California animal welfare law on industry, retail prices
The justices asked lawyers representing the pork industry and the state about the impact Proposition 12 will have on small producers and interstate commerce.
By Chris Casey • Oct. 12, 2022 -
Explore the Trendline➔
Getty Images
TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
Soli Organic raises $125M to further expansion plans
The indoor agriculture company will use these funds — as well as the $170 million in financing it’s received in the last year — to build new farms to grow herbs and other organic crops in soil.
By Megan Poinski • Oct. 12, 2022 -
Bang Energy’s parent company files for bankruptcy
After court battles with PepsiCo and Monster, Vital Pharmaceuticals owes more than $400 million to the two beverage companies. It said its partnership with the soda giant caused its market share to decline.
By Christopher Doering • Oct. 11, 2022 -
How the Supreme Court animal welfare case could reshape the pork sector
The Court heard oral arguments Tuesday on a challenge to California’s Prop 12, which defines how much space breeding pigs, veal calves and egg-laying hens should have in captivity.
By Chris Casey • Oct. 10, 2022 -
Constellation Brands takes $1.1B writedown in its cannabis investment
CEO Bill Newlands said his company, which invested $4 billion in Canopy Growth, viewed the impairment as “disappointing” but remained optimistic about the future of legalized marijuana in the U.S.
By Chris Casey • Oct. 7, 2022 -
Impossible Foods lays off 6% of employees
The cuts are part of a company reorganization to target future growth, according to a memo from CEO Peter McGuinness seen by Food Dive.
By Megan Poinski • Oct. 6, 2022 -
BlueNalu predicts 75% profit margin for its cultivated seafood
The California company said breakthrough technologies will make its production of bluefin tuna toro from cells more efficient and profitable once it opens a commercial-scale facility.
By Megan Poinski • Oct. 6, 2022 -
Tyson to close offices in South Dakota, Chicago and relocate 1,000 workers
The meat and poultry giant said the positions would be transferred to its headquarters in Arkansas, and no layoffs would take place.
By Chris Casey • Oct. 6, 2022 -
Tyson employees’ COVID lawsuit reinstated
A federal appeals court resuscitated the case after being dismissed by a district court in June 2021. It claims the meat company acted with gross negligence, ending in wrongful death.
By Chris Casey • Oct. 5, 2022 -
Hostess Brands ‘betting big’ on smaller versions of classic treats to catch snacking competitors
Bouncers, tiny versions of Twinkies, Ding Dongs and Donettes, are the latest entry into the snacking space that has seen cookies, crackers and candy launch convenient bite-size portions.
By Christopher Doering • Oct. 5, 2022 -
Opinion
Why the food industry is the cause and the cure of unhealthy diets
The only way President Biden's lofty goals to end hunger and reduce diet-related diseases can be achieved is for the public and private sectors to work together, writes Greg Garrett of the Access to Nutrition Initiative.
By Greg S. Garrett • Oct. 5, 2022 -
Utz names Post Holdings executive as new CEO
Howard Friedman, currently COO of Post Holdings, will take the helm of the snack maker on Dec. 15, and Dylan Lissette will become executive chairman of the board.
By Christopher Doering • Oct. 4, 2022 -
Preston Keres. (2018). "20181128-AMS-PJK-3666_TONED" [photograph]. Retrieved from USDA.
Plant employees can perform meat inspections, court rules
The new measure does not interfere with the federal government’s responsibility to ensure food is safe, according to the opinion.
By Megan Poinski • Oct. 3, 2022 -
Egg producer Cal-Maine Foods names insider to CEO role
Sherman Miller, who has served in various management positions during his 26-year tenure at the company, replaces Dolph Baker in the top post.
By Christopher Doering • Oct. 3, 2022 -
JBS shutters Planterra brand after 2 years
The global meat giant’s decision to close down its U.S. plant-based company is the latest blow for the once-hot sector.
By Megan Poinski • Oct. 3, 2022 -
Opinion
How producers are driving a more connected food ecosystem
Players in the middle of farmers and consumers will need to evaluate their business models to see where they fit, and embrace agility and resilience, writes Ernst & Young’s Bill McClure.
By Bill McClure • Sept. 30, 2022 -
Hostess nabs Kimberly-Clark exec as chief supply chain officer
The Twinkies maker is looking to enhance productivity after struggling with supplier delays and ingredients shortages.
By Sarah Zimmerman • Sept. 29, 2022 -
ADM CFO sees ag giant’s pivot paying off in profits, crucial food security
Vikram Luthar, appointed CFO of Archer Daniels Midland in April, gained a keen awareness of the value of affordable healthy food growing up in India.
By Maura Webber Sadovi • Sept. 29, 2022 -
Uncrustables adds frozen meat and cheese bites to lineup
The fast-growing J.M. Smucker offering is debuting smaller versions in Uncured Ham & Cheddar and Turkey & Colby Jack, which thaw in time for lunch.
By Megan Poinski • Sept. 29, 2022 -
Impossible Foods founder Pat Brown to lead a new company venture
The medical doctor and outspoken critic of animal agriculture will be heading a separate group dedicated to “transformative innovation,” Business Insider reported.
By Megan Poinski • Sept. 28, 2022 -
Smithfield to pay $75M in latest pork antitrust deal
This settlement, involving at least 17.6 million consumers, follows JBS’ agreement to pay $20 million to purchasers this month.
By Chris Casey • Sept. 28, 2022 -
Food industry makes commitments at White House summit on hunger
Several companies, from Chobani to Tyson, unveiled plans to improve health and nutrition, including reformulating products and revamping labels.
By Megan Poinski • Updated Sept. 30, 2022 -
MorningStar Farms plant workers reject union deal
Employees at an Ohio factory producing plant-based products voted 141 to 82 against unionizing, allowing its owner Kellogg to avoid another labor crisis.
By Chris Casey • Updated Sept. 27, 2022 -
Unilever CEO retiring at the end of next year
Alan Jope has worked at Unilever for more than 35 years and was appointed CEO in 2019. The company behind Hellmann’s and Ben & Jerry’s is beginning a search for his replacement.
By Megan Poinski • Updated Sept. 26, 2022