Nestlé invests $120 million in Dubai factory
Nestlé is investing $ 120 million in a new manufacturing facility in Dubai to produce coffee and culinary products and cater to rising demand throughout the Middle East. IFT Daily … Continue Reading →
Category: IFT
Kraft, Heinz merger complete; new leadership team announced
The Kraft Heinz Co. has announced the successful completion of the merger between Kraft and Heinz. IFT Daily News
JBS USA Pork agrees to purchase Cargill pork business
JBS USA Pork has entered into an agreement with Cargill to acquire the company’s U.S.-based pork business for $ 1.45 billion. IFT Daily News
Givaudan doubles flavor production capacity in China
Givaudan, a fragrance and flavor company, has opened its new savory flavors manufacturing facility in Nantong, China. IFT Daily News
U.S. restaurant performance sees slight dip in May
Although same-store sales and customer traffic levels softened somewhat in May, the National Restaurant Association’s Restaurant Performance Index (RPI) remained in positive territory. IFT Daily News
General Mills plans to cut about 700 more jobs
According to the Star Tribune, General Mills said that it will begin a new round of cost-cutting, chiefly in its international division, that will result in the elimination of 675–725 … Continue Reading →
Colorado State University names Belk endowed chair in meat science
Colorado State University (CSU) has recently named Keith Belk the new Ken and Myra Monfort endowed chair in meat science. IFT Daily News
Cargill, Kellogg, ASDA partner to empower women in cocoa farming
Cargill, Kellogg and ASDA Stores, one of Britain’s leading retailers, have launched a series of projects to understand and help overcome the barriers for women in cocoa farming communities in … Continue Reading →
Sysco terminates US Foods merger agreement
Sysco has terminated its merger agreement with US Foods, days after the U.S. District Court in Washington, D.C., granted the Federal Trade Commission’s (FTC) request for a preliminary injunction to … Continue Reading →
Muscadine grape seed oil may help reduce obesity
A study published in Food and Function shows that muscadine grape seed oil may help mitigate the formation of new fat cells because it produces tocotrienol, an unsaturated form of … Continue Reading →