Corporate Operations: Page 92


  • Hostess launched Crispy Minis in June 2021.
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    Courtesy of Hostess Brands
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    Column

    Leftovers: Hostess launches Crispy Minis; Twisted Tea gets a little saucy

    The small wafers layer creme between cookies in a resealable pouch, and Soonish debuts a better-for-you beer that includes banana, millet, sorghum and honey.

    By Food Dive staff • June 18, 2021
  • An illustration of how Live Green Co.'s Charaka algorithm works.
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    Permission granted by Live Green Co.
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    How The Live Green Co. reformulates products using modern technology and ancestral wisdom

    The buzzy Chilean startup has garnered a lot of attention with its Charaka algorithm, which recommends plant-based and sustainable alternatives for highly processed ingredients.

    By June 17, 2021
  • A person in a grocery store putting items in a smart cart. Explore the Trendline
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    Courtesy of Instacart
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    Trendline

    Top 5 stories from Food Dive

    The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future. 

    By Food Dive staff
  • Actors Bryan Cranston and Aaron Paul founded Dos Hombres mezcal.
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    Permission granted by Constellation Brands
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    Constellation takes minority stake in 'Breaking Bad' actors' Dos Hombres mezcal

    The spirit brand founded by actors Bryan Cranston and Aaron Paul is the second smoky premium liquor the alcohol maker has invested in.

    By June 17, 2021
  • ReGrained's SuperGrain flour
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    Courtesy of ReGrained
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    ReGrained's flour earns Upcycled Food certification

    Processed from spent grain used to make beer, the company said the product contains more fiber and protein than whole-grain flours, and uses less water to produce.

    By Samantha Oller • June 17, 2021
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    Retrieved from Vita Coco on September 02, 2020
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    Vita Coco prices IPO below expected range at $15 per share

    The beverage maker, which plans to list on the Nasdaq under the symbol COCO on Thursday, previously expected to offer its stock at between $18 and $21. 

    By Updated Oct. 21, 2021
  • nestle
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    Courtesy of Nestle
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    Pace of M&A, divestitures likely to increase in 2021, survey finds

    Kearney said the financial stimulus, low interest rates, large cash stockpiles and strong equity markets have created a climate favorable for sellers.

    By June 16, 2021
  • Two Trees, alcohol
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    Courtesy of Two Trees
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    Alcohol maker Two Trees formed to tap into rapid-aging technology

    The new company, a merger of three businesses, will use the controversial practice panned by industry traditionalists to make vodka, whiskey and other offerings.

    By Lauren Manning • June 16, 2021
  • Motif FoodWorks closes $226M funding round

    The plant-based ingredients company, which expects to get its first two offerings on the market this year, plans to use the funds for expansion and more R&D.

    By June 16, 2021
  • Molson Coors beer
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    Christopher Doering/Food Dive
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    Deep Dive

    Molson Coors' CEO has a bold plan to 'fundamentally change' the beer maker. But will it work?

    As consumers turn to other beverages, Gavin Hattersley has moved aggressively into energy drinks, diet soda and tequila to revive his company's portfolio — all while combating challenges like COVID-19 and a security breach.

    By June 15, 2021
  • Chobani, yogurt
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    Courtesy of Chobani
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    Chobani leans into demand for healthier foods with no-sugar yogurt

    The dairy giant has expanded its portfolio during the past few years to include offerings that cater to hot trends in the food space such as probiotics and protein.

    By June 14, 2021
  • Screengrab from a video of a Tyson Foods pork processing facility
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    Courtesy of Tyson Foods
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    Meatpackers fail to secure protection with new OSHA COVID-19 safety rule

    The segment was instead issued optional guidance that includes staggering breaks and spacing unvaccinated workers — recommendations that a union leader said are "unenforceable" and place employees at risk.

    By June 11, 2021
  • A gelato sorbet made with Evocao WholeFruit chocolate
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    Courtesy of Cacao Barry
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    WholeFruit chocolate launches under Evocao label

    Barry Callebaut's high-end sweet made only from cacao fruit is available to chocolatiers in limited quantities right now, but will be expanding next year.

    By June 10, 2021
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    Jenny Evans via Getty Images
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    JBS USA is spending $130M to boost beef capacity amid growing demand

    The world's largest meat producer also said it is doling out more than $150 million in annualized pay increases to workers across its nine U.S. beef plants. 

    By June 10, 2021
  • Tyson Foods
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    Permission granted by Tyson Foods
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    Tyson pledges to achieve net-zero emissions by 2050

    The meat producer's initiatives include eliminating deforestation in its global supply chain and using 50% renewable energy in its U.S. operations by 2030. 

    By Lauren Manning • June 10, 2021
  • PepsiCo, Frito-Lay, environment, sustainability
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    Courtesy of PepsiCo
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    PepsiCo to invest $200M in plant expansion as snack consumption surges

    The investment in Frito-Lay's Rosenberg, Texas, facility will create 160 jobs and add two manufacturing lines for Funyuns and tortilla chips, as well as increase warehouse capacity.

    By June 9, 2021
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    Joe Raedle via Getty Images
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    Taste is tops in consumers' yogurt priorities, survey finds

    Nearly half of shoppers consider flavor a reason for buying the snack, with health benefits and nutrition also key, according to research from the International Food Information Council.

    By Lauren Manning • June 9, 2021
  • Plant-based chicken company Simulate's product lineup in June 2021.
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    Permission granted by Simulate
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    Simulate raises $50M to expand its plant-based chicken

    The latest funding round, which will help it compete in an increasingly popular space, values the maker of Gen Z-styled Nuggs and Discs at more $250 million, according to Bloomberg. 

    By June 9, 2021
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    Paula Bronstein via Getty Images
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    Deep Dive

    Meat processors wrestle with worker shortages as US economy reopens from COVID-19

    With protein demand soaring, companies like Tyson Foods are offering employees better benefits and flexible hours as they consider wider use of automation throughout their businesses.

    By June 9, 2021
  • Different varieties of Cheerios on a grocery store shelf.
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    Christopher Doering/Food Dive
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    General Mills plans to cut up to 1,400 jobs worldwide, Star Tribune reports

    The layoffs — which could include up to 800 jobs in the U.S. and Canada and up to 20% of positions at its corporate headquarters — were announced to employees last week in emails and virtual meetings, the paper reported.

    By June 8, 2021
  • A steak made from Rhiza, Better Meat Co.'s fermented analog, sits on a cutting board with the company's logo.
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    Permission granted by Better Meat Co
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    The Better Meat Co. unveils mycoprotein fermentation line

    During the past three years, the company has been secretly developing a 13,000-square-foot plant where it can produce thousands of pounds each month of the protein, which can serve as a beef, chicken or seafood substitute.

    By June 8, 2021
  • Post Holdings' Bob Evans Farms launched Egg Bites in June 2021.
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    Courtesy of Bob Evans Farms
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    Bob Evans Farms debuts portable refrigerated egg products

    The Post brand's microwaveable Egg Bites and Omelet Rolls are aimed at satisfying consumers' interest in healthy eating and convenience.

    By Lauren Manning • June 7, 2021
  • Molson Coors
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    Courtesy of Molson Coors
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    Molson Coors settles trademark case involving Vizzy hard seltzer

    Terms were not disclosed, but Future Proof Brands, which sued the big brewer for trademark infringement, will no longer be producing its Brizzy drink.

    By June 4, 2021
  • Ready, Set, Food! is designed to prevent allergies in children.
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    Courtesy of Ready, Set, Food!
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    Food allergy prevention startup Ready, Set, Food raises $3.5M

    Healthcare system Edward-Elmhurst Heath joined the round, which included more funding from Danone Manifesto Ventures and CPG-focused AF Ventures.

    By Lauren Manning • June 4, 2021
  • pizza donut
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    Courtesy of Nestlé
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    Column

    Leftovers: DiGiorno celebrates National Donut Day with a pizza twist; General Mills' cold cereals get hot

    Nestlé's latest mashup adds mozzarella and tomato sauce to doughnuts, while a startup offers a sweet way to wake up or settle down with functional chocolate bars.

    By Food Dive staff • June 4, 2021
  • Dentyne, gum, Mondelez
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    Retrieved from Mondelez.
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    Mondelēz to divest Trident, other gum brands in developed markets

    The snacking giant said it is reshaping its portfolio with a goal of generating 90% of its revenue from chocolate and biscuits.

    By Updated May 10, 2022