Mondelēz International has confirmed a $ 65 million investment to build a global Research, Development & Quality (RDQ) network, which will enable the company to better recruit, retain, and develop … Continue Reading →
The GNT Group is investing more than €3 million in its research and development capabilities with the construction of new laboratory facilities at its headquarters in Mierlo, the Netherlands. IFT … Continue Reading →
Corbion is expanding its Dolton, Ill., facility, so that the company can produce propylene glycol monoesters (PGME)—emulsifiers used in sweet goods, bakery mixes, and other applications. IFT Daily News
Kite Hill, the California-based manufacturer of artisanal nut milk cheeses and yogurts, has closed an $ 18 million fundraising round with lead investment from 301 INC, General Mills’ new business … Continue Reading →
Sunrise Strategic Partners, a Boulder, Colo.-based accelerator of emerging brands co-founded by Steve Hughes and Trilantic North America, have announced a minority investment in Perky Jerky, maker of all-natural premium … Continue Reading →
Tio Gazpacho, maker of chilled, ready-to-drink vegetable soups, has closed a $ 1.25 million Series A funding round with 301 INC, General Mills’ business development and venturing unit, as the … Continue Reading →
Nestlé Health Science has made a strategic investment of $ 42.5 million in Pronutria Biosciences. IFT Daily News
Coca-Cola and Tropical General Investments Group (TGI Group)—the holding company of Chi, Nigeria’s leading dairy and juice company—have announced a binding agreement for Coca-Cola to acquire an initial minority equity … Continue Reading →
Hillshire Brands, a subsidiary of Tyson Foods, is making major improvements to its Tarboro, N.C., bakery plant as part of an ongoing plan to meet growing demand for its products … Continue Reading →
According to the Herald & Review, Archer Daniels Midland (ADM) will invest $ 2 million in the National Foodworks Services (NFS), a food incubator with the mission to expand and … Continue Reading →
