Corporate Operations: Page 65

  • Overhead view of several sacks and bowls of various plant-based ingredients and legumes, some with scoops, grouped together on a wooden surface.
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    Blendtek partners with Bunge on plant protein ingredients

    The Canadian formulation company now offers the commodity giant’s soy, pea, faba, lentil and mung bean proteins — including concentrates, isolates, powders and textures.

    By • Sept. 8, 2022
  • Packages of several Wicked Kitchen and Good Catch products against a black background.
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    Permission granted by Wicked Kitchen
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    Good Catch acquired by Wicked Kitchen

    The all-stock deal brings the plant-based brands created by brothers Derek and Chad Sarno under one company, while the seafood alternative maker’s previous owner Gathered Foods will concentrate on the development space.

    By • Sept. 8, 2022
  • The letters AI on a digital block Explore the Trendline➔
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    Trendline

    How 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
  • Chobani
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    Courtesy of Chobani
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    Chobani pulls planned IPO

    A spokesperson with the Greek yogurt maker cited “current market conditions” as the reason for the delay and said the company remains focused on “execution and driving profitable growth.”

    By • Sept. 2, 2022
  • Gatorade, PepsiCo, Fast Twitch
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    Courtesy of PepsiCo
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    Gatorade debuts its first-ever caffeinated energy drink Fast Twitch

    The beverage, which has no sugar or carbonation, contains 200 milligrams of caffeine and B vitamins. It will hit store shelves in February.

    By • Sept. 1, 2022
  • General Mills' Wellston, Ohio, pizza plant.
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    Retrieved from Ohio Southeast Economic Development on August 31, 2022
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    General Mills invests $100M to expand Totino’s pizza plant

    The project will add 30 new jobs to the Southeast Ohio facility, which is one of the CPG’s largest in the United States.

    By Samantha Oller • Sept. 1, 2022
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    Alex Wong via Getty Images
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    Kraft Heinz opens new California distribution center

    The facility will focus on operational speed and help reduce the CPG’s carbon footprint. 

    By Megan Ruggles • Aug. 31, 2022
  • dot's, pretzels, Hershey
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    Retrieved from Dot's Homestyle Pretzels.
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    Deep Dive

    How CPGs are using M&A to boost manufacturing amid supply disruptions

    While dealmaking often focuses on food or beverage brands, more companies are buying plants to ramp up production, widen an offering’s reach and lessen dependence on outside manufacturers.

    By • Aug. 31, 2022
  • orange cheese powder with melting butter in a white bowl
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    Kraft Heinz to sell powdered cheese business to Kerry Group for $107.5M

    The deal includes a Minnesota manufacturing facility and its employees, and would bolster the Irish company’s ingredients portfolio.

    By • Updated Aug. 30, 2022
  • Cans of Goya white beans on a shelf
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    Spencer Platt via Getty Images
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    Goya boycott after CEO’s praise of Trump resulted in higher sales: study

    Net sales jumped 22% two weeks after a social media backlash triggered by Robert Unanue’s comments about the former president, analysis from Cornell researchers found.

    By Samantha Oller • Aug. 30, 2022
  • Beer glasses clinking together
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    Justin Sullivan via Getty Images
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    Carbon dioxide shortage threatens beer and food manufacturing

    High demand for beverages and contamination at a natural source have tightened supplies of the gas, which may continue in coming months.

    By • Aug. 29, 2022
  • Hain Celestial
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    Permission granted by Hain Celestial
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    Hain Celestial CEO: Demand for health and wellness products strong despite recent ‘softening’

    Mark Schiller said his company tends to be “the opening price point” for natural and organic, giving consumers brands to turn to even if they decide to trade down.

    By • Aug. 29, 2022
  • Good & Gather sparkling water at a Target in Washington, D.C.
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    Catherine Douglas Moran/Food Dive
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    4 ways retailers are boosting their private brands

    As out-of-stocks and inflation have pushed shoppers toward store offerings, sources say grocers are focusing on a few key areas to keep the sales momentum going. 

    By Catherine Douglas Moran • Aug. 29, 2022
  • A plant-based Shrimpish curl, which is the same pinkish hue as actual shrimp, on a white background with logos for Shrimpish, Chicken of the Sea Frozen Foods, Thai Union, Ish and Certified B Corp.
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    Courtesy of The Ish Food Company
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    Thai Union partners with plant-based Ish Food Company

    Through its Chicken of the Sea Frozen Foods subsidiary, the seafood giant will work with the startup to increase manufacturing and distribution.

    By • Aug. 26, 2022
  • A person in a lab coat and gloves takes a sample of yellowish liquid from a small glass bioreactor in a lab setting.
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    Getty Images
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    How Ayana Bio will use science and technology to make more nutritious ingredients

    As he takes the helm of the Ginkgo Bioworks spinoff, CEO Frank Jaksch said the company’s plant cell culture technology, used to create bioactive compounds from ginseng, berries, cocoa and ginger, could be a nutritional game changer. 

    By • Aug. 25, 2022
  • Frankford Candy
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    Permission granted by Frankford Candy
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    Frankford Candy finds its sweet spot in a category dominated by large CPGs

    After focusing on seasonal offerings for decades, the company risked going out of business unless it changed its strategy as candy giants like Hershey muscled into its space.

    By • Aug. 25, 2022
  • A shopper compares two bottles of juice.
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    Smaller brands’ path to consumer loyalty lies through differentiation

    Still, despite the need to compete against big brands, NielsenIQ found the pace of innovation is slowing among small and midsize offerings in the U.S.

    By Samantha Oller • Aug. 25, 2022
  • Three people hold cans of Celsius
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    Courtesy of Celsius
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    Q&A

    What PepsiCo’s $550M Celsius deal means for the energy drink brand

    Celsius CEO John Fieldly detailed how the investment and distribution agreement could impact the energy drink’s growth potential.

    By Chris Kelly • Aug. 25, 2022
  • Kellogg's cereals
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    Chris Casey/Food Dive
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    Kellogg names leadership team for upcoming cereal business

    Gary Pilnick, a 22-year company veteran, will lead a group of seasoned executives at the CPG when he takes over as CEO.

    By • Aug. 24, 2022
  • Ben & Jerry's Chubby Hubby ice cream
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    Courtesy of Ben & Jerry's
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    Ben & Jerry’s loses bid to stop sales in West Bank

    A federal judge ruled the ice cream brand did not prove it would suffer irreparable harm after parent company Unilever sold its business in Israel to a licensee.

    By Samantha Oller • Updated Aug. 25, 2022
  • Coca-Cola
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    Christopher Doering/Food Dive
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    Coca-Cola names new North America division president

    Company veteran Jennifer Mann will take over the post in January from Alfredo Rivera. Currently, she is responsible for scaling acquisitions and brands, including Costa Coffee and Coke’s investment in Monster.

    By • Aug. 23, 2022
  • Redesigned packages of SunOpta's Dream Rice Milk and West Life Soy Milk
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    Permission granted by SunOpta
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    How SunOpta achieved record sales and growth amid inflation

    There are two keys to the success of the plant-based beverage and organic fruit company, CEO Joe Ennen said: execution and a carefully curated portfolio.

    By • Aug. 23, 2022
  • Corn Nuts, Hormel, strike
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    Courtesy of Hormel Foods
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    Hormel workers at Corn Nuts plant go on strike

    The strike by 40 employees at the California facility that makes the snack is the latest to hit the food industry amid labor shortages, high demand and supply chain disruption.

    By • Aug. 22, 2022
  • Tyson Foods
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    Permission granted by Tyson Foods
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    Tyson invests $200M in Texas beef plant expansion

    The company aims to “modernize” the Amarillo facility by increasing the size of its operations floor and employee areas, and adding automation.

    By • Aug. 19, 2022
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    Scott Olson via Getty Images
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    Oatly prioritizes US production as Europe’s interest in plant-based milk plateaus

    The plant-based dairy producer is expanding its New Jersey facility to meet growth targets.

    By Megan Ruggles • Aug. 19, 2022
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    Matthew Stockman via Getty Images
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    JBS taps new ethics and compliance officer

    Michael Koenig, who oversaw compliance at the Brazilian meat giant’s Pilgrim’s Pride business, takes on the role as price-fixing lawsuits continue to roil the meat industry.

    By • Aug. 18, 2022