Clasen unveils new name
Clasen Quality Coatings has announced the company is changing its name to Clasen Quality Chocolate (CQC), effective immediately. IFT Daily News
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Tempered U.S. restaurant industry growth for 2017
As consumer traffic declines, it appears that both 2016 and 2017 will not be as positive as first anticipated based on Technomic’s U.S. restaurant industry forecast released in May 2016. … Continue Reading →
Smithfield Foods to acquire Clougherty Packing from Hormel
Smithfield Foods has begun the process to acquire Clougherty Packing from Hormel Foods for $ 145 million. IFT Daily News
Gene modification may enable plants to better use sunlight
A study published in Science shows that plant biologists may be able to boost crop productivity as much as 20% by increasing the amount of light plants use in photosynthesis. … Continue Reading →
Cargill invests $50 million to expand poultry processing in Thailand
Cargill is investing $ 50 million to expand its poultry processing operations at its facility located in the Nakhon Ratchasima province in Thailand. IFT Daily News
Americans’ seafood consumption grows
According to a recent report from the National Oceanic and Atmospheric Administration (NOAA), Americans consumed nearly 5 billion pounds of seafood in 2015, making the United States the world’s second … Continue Reading →
Clasen unveils new name
Clasen Quality Coatings has announced the company is changing its name to Clasen Quality Chocolate (CQC), effective immediately. IFT Daily News
PepsiCo, Dr Pepper Snapple diversify beyond soda
In separate news releases dated November 22, the Dr Pepper Snapple Group (DPS) and PepsiCo announced that they are spending big to acquire flavored water and probiotic drink companies, respectively. … Continue Reading →
Enjoy your Thanksgiving feast for a bit less this year
The average cost for a Thanksgiving Day feast for 10 this year is $ 49.87, a 24-cent decrease from last year’s average cost of $ 50.11, according to the American … Continue Reading →
Tyson Foods names Hayes as CEO
Tyson Foods has announced that Tom Hayes, president of Tyson Foods, will succeed Donnie Smith as chief executive officer on Dec. 31, 2016. IFT Daily News