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Industry News

  • Qatar to Invest $431M in Food Processing Plant

    Promoted as an effort to increase food security, the government of Qatar plans to invest $431 to construct a food processing plant and storage site that will produce sugar, rice, and cooking oil for the Middle Eastern country, Bloomberg and regional business news organizations reported. “...

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  • KP Snacks Buys Tangerine Confectionery Popcorn Brand

    Intersnack Group subsidiary KP Snacks acquired the Butterkist popcorn brand from Tangerine Confectionery, a UK manufacturer of popcorn products and sugar-based sweets, the purchasing company announced Monday in a press release. “Butterkist is an iconic brand with a 100-year heritage and the...

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  • Bunting Magnetics Appoints Chief Financial Officer

    Bunting Magnetics Co., a leader in magnet and magnetic equipment design, manufacturing, and distribution, announces the appointment of Bill Wagner to the company’s executive leadership team as the chief financial officer. Wagner brings two decades of experience to Bunting Magnetics,...

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  • OSHA Offers $10.5M in Funding for Worker Safety Training

    The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) is offering $10.5 million in grant funding to support worker health and safety training, the agency announced Friday via press release. Available to community and faith-based organizations, employer...

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  • General Mills to Focus on Cereal, Yogurt Growth in 2018

    General Mills released its financial priorities for the fiscal year of 2018 on July 12 indicating the food company plans to focus on growth in cereal, yogurt, snacks, and natural and organic brands in the months ahead. The firm’s four priorities for growth were listed as increasing global...

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  • SeedTech and DLF Open Seed Processing Plant in Ireland

    Irish seed companies SeedTech and DLF Seeds opened a new 52,000-sq-ft seed processing and distribution facility in Wateford, Ireland on July 6 that will process grass and cereal seed, as well as premium grains, for the food industry, the firms announced in a joint press release. “Today...

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  • Study Reveals Toxic Chemicals in Kraft Cheese Powder

    An alliance of public health and food safety advocates released a study on Thursday stating that laboratory testing revealed toxic chemicals in 10 varieties of cheese powder used in macaroni and cheese products. According to The Coalition for Safer Food Processing & Packaging, which operates...

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  • Nestle Portugal Invests $5.6M in Distribution Center

    Nestle Portugal is investing €5 million ($5.6 million USD) in the expansion of its distribution center in Avanca, Portugal, European Supermarket Magazine (ESM) and FoodBev.com reported. “This investment prepares our Avanca distribution center for the challenges of the next generation,...

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  • Mexican Poultry Firm Bachoco Buys Pet Food Manufacturer

    One of Mexico’s leading poultry production and processing firms Industrias Bachoco S.A.B. de C.V. is acquiring the “La Perla” pet food company in the country’s Queretaro state, Bachoco announced in a press release Wednesday. “With this acquisition, we are increasing...

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  • Kraft Heinz Selling Cheese Plant to Dairy Cooperative

    A cheese plant owned by The Kraft Heinz Company in Campbell, NY will be sold to Upstate Niagara Cooperative, a family-owned dairy cooperative throughout western New York state, under a recent agreement signed by the two firms, the food company announced June 30. “We are thrilled to announce...

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