Mars to invest $70 million in U.S. manufacturing
Mars Chocolate North America has announced a $ 70 million reinvestment in its U.S. supply chain. IFT Daily News
Tag: Invest
Pilgrim’s Pride to invest $24 million in Kentucky plant expansion
Pilgrim’s Pride, a processor of fresh and value-added chicken products, has received state approval for a $ 24 million expansion project at its Mayfield, Ky., poultry processing complex. IFT Daily … Continue Reading →
President Obama’s 2017 budget to invest $26 billion in food safety, health
U.S. President Barack Obama’s 2017 fiscal year budget, released on February 9, matched the growing attention to food safety in the United States across multiple departments. IFT Daily News
General Mills’ new business unit to invest in food startups
General Mills has launched a new business development and venturing unit—301 INC—to build partnerships with emerging food brands to create breakthrough innovation in the food space. IFT Daily News
McKee Foods to invest $102 million in Tennessee facility
According to the Times Free Press, McKee Foods has announced it is investing $ 102 million and creating about 50 new jobs over the next five years in its Collegedale, … Continue Reading →
Nestlé to invest $70 million in U.S. Product Technology Center
Nestlé Health Science is investing $ 70 million to create a Nestlé Product Technology Center (NPTC) at the New Jersey Center of Excellence in Bridgewater, N.J. IFT Daily News
Cargill to invest $111 million to convert Nebraska plant
Cargill is investing $ 111 million to convert its ground beef plant at Columbus, Neb., to a cooked meats facility and relocate ground beef production currently taking place there. IFT … Continue Reading →
Cargill to invest $30 million in Ecuador shrimp feed facility project
Cargill announced that it will invest $ 30 million and enter into a joint venture with Naturisa to build a shrimp feed facility near Guayaquil, Ecuador. IFT Daily News
Mondelez International to invest $50 M in U.K. coffee site
Mondelez International, a manufacturer of chocolate, biscuits, gum, and candy as well as coffee, has announced plans to invest $ 50 million in its Banbury, United Kingdom, factory to build … Continue Reading →
Cargill, IFC to invest $2.5 M to expand program for cocoa farmers
The International Finance Corporation (IFC) and Cargill are investing $ 2.5 million to strengthen and expand the Cargill Coop Academy in Cote d’Ivoire to provide greater access to advanced business … Continue Reading →