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Tag: invests

Nestlé Australia invests $50 M to expand production capability

  • By R. Daneel Olivaw
  • 19 November, 2014
  • No Comments

Nestlé Australia has unveiled the final stage of a three-year project to expand the production capabilities of its Smithtown factory on the New South Wales mid-north coast. IFT Daily News

Chaucer Foods invests in Crunchies Food

  • By R. Daneel Olivaw
  • 5 November, 2014
  • No Comments

Chaucer, a producer of specialty food ingredients and products, has entered into an agreement to acquire 65% of Crunchies Food Co., a U.S. freeze-dried brand. IFT Daily News

Corbion Purac invests in bioplastic production with new plant

  • By R. Daneel Olivaw
  • 5 November, 2014
  • No Comments

Corbion Purac has announced it will start producing PLA, a bioplastic, to bring new biodegradable solutions to the plastics industry and increase global PLA production capacity by a further 75 … Continue Reading →

Baker Cheese Factory invests $7 M to expand plant

  • By R. Daneel Olivaw
  • 5 November, 2014
  • No Comments

Baker Cheese Factory Inc., a family-owned cheese-maker, is expanding and modernizing its operations in St. Cloud, Wis. IFT Daily News

Nestlé Mexico invests to increase milk output

  • By R. Daneel Olivaw
  • 23 September, 2014
  • No Comments

Nestlé Mexico has announced plans to invest 700 million pesos ($ 52.7 million) over the next six years to increase milk production in the country. IFT Daily News

DSM invests $30 M in omega-3 oils production facility

  • By R. Daneel Olivaw
  • 26 August, 2014
  • No Comments

DSM Nutritional Products has announced it will invest at least $ 30 million in new capital to upgrade and expand its facilities in Mulgrave, Nova Scotia, Canada, building upon its … Continue Reading →

Coca-Cola invests an additional $5 B in Africa

  • By R. Daneel Olivaw
  • 7 August, 2014
  • No Comments

The Coca-Cola Co. and its African bottling partners have announced a new investment of $ 5 billion, to be made over the next six years. IFT Daily News

California nut cooperative invests $24 M in almond huller, sheller

  • By R. Daneel Olivaw
  • 2 July, 2014
  • No Comments

Minturn Hullers Co-op of Chowchilla, Calif., has made a $ 24 million investment in a next-generation almond huller and sheller, which will double the cooperative’s capacity just in time for … Continue Reading →

USDA invests $78 M to support locally-produced food

  • By R. Daneel Olivaw
  • 14 May, 2014
  • No Comments

U.S. Agriculture Secretary Tom Vilsack has announced that U.S. Dept. of Agriculture (USDA) is making a $ 78 million investment in local and regional food systems, including food hubs, farmers … Continue Reading →

Bain Capital invests in kosher food manufacturer Manischewitz

  • By R. Daneel Olivaw
  • 15 April, 2014
  • No Comments

Manischewitz, a manufacturer of premium kosher foods, has secured a strategic investment from Sankaty Advisors, the independently-managed credit affiliate of Bain Capital LLC. IFT Daily News

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