As part of its commitment to innovation and growth, Tyson Foods has launched a venture capital fund focused on investing in companies developing breakthrough technologies, business models, and products to … Continue Reading →
B&G Foods has acquired Victoria Fine Foods Holding and Victoria Fine Foods from Huron Capital Partners and certain other sellers for approximately $ 70 million. IFT Daily News
Archer Daniels Midland (ADM) has entered into an underwriting agreement to sell its 19.9% ownership stake in GrainCorp for a total value of about $ 288 million. IFT Daily News
National Steak and Poultry has issued a recall of more 1.9 million lbs of its ready-to-eat chicken products. IFT Daily News
Pilgrim’s Pride has announced a definitive agreement to acquire GNP, a provider of premium branded chicken products in the Upper Midwest region of the United States, for $ 350 million. … Continue Reading →
McCormick has agreed to acquire 100% of the shares of Enrico Giotti SpA (Giotti), an Italian flavor manufacturer located in Florence, Italy, for $ 127 million. IFT Daily News
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
DuPont Nutrition & Health has announced an investment of $ 100 million to expand probiotics production capacity in the United States. IFT Daily News
According to the NY Daily News, General Mills is increasing its cereal production in Buffalo, N.Y. IFT Daily News
Researchers at the World Obesity Federation have published a study in Pediatric Obesity showing that by 2025 some 268 million children aged 5–17 may be overweight, including 91 million obese, … Continue Reading →
