Thai Union invests $575 million in Red Lobster
Thai Union Group, a global seafood supplier, has made a $ 575 million strategic investment in Red Lobster, a seafood restaurant company. IFT Daily News
Tag: million
Nestlé opens $245 million child nutrition factory in Mexico
Nestlé has opened a new factory manufacturing child nutrition products in Ocotlan, Jalisco, Mexico, with an investment of $ 245 million. IFT Daily News
Green Plains acquires Fleischmann’s Vinegar for $250 million
Green Plains has acquired SCI Ingredients Holdings (SCI) and its wholly owned operating subsidiary Fleischmann’s Vinegar, a manufacturer and marketer of food-grade industrial vinegar, for $ 250 million. IFT Daily … Continue Reading →
Mondelēz invests $65 million in global R&D hubs
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 →
GNT invests €3 million in new R&D facilities
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 →
Elmer Chocolate completes $40 million manufacturing expansion
Elmer Chocolate has completed a $ 40 million expansion of its manufacturing facility in Ponchatoula, La. IFT Daily News
Kellogg establishes $100 million VC fund
Kellogg has announced it is establishing eighteen94 capital (1894) to make minority investments in companies pursuing next-generation innovation, bolstering access to cutting-edge ideas and trends. IFT Daily News
Cargill awards $13 million in grants
Through a broad set of programs focused on the intersection of food security, sustainability, and nutrition, Cargill is awarding more than $ 13 million in grants that will improve the … Continue Reading →
Mondelez breaks ground for $15 million R&D center in Poland
Mondelēz International has begun construction of a new global Research, Development & Quality (RDQ) site in Bielany Wroclawskie, Poland. IFT Daily News
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 →