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Industry News

  • LEAF Brands Eyes Purchase of Nestle US Confectionery Unit

    Newport Beach, CA-based sweets maker LEAF Brands LLC plans to offer a bid to purchase Nestle SA’s U.S. confectionery business, a move that could place the producer of legacy candy brands in competition with larger firms like Hershey and Mars Inc. “We’re obviously the small guy,...

  • Employees Help Contain Dust Fire at Woodworking Facility

    Employees at the Modern Industries woodworking facility in Providence, RI were praised by a local fire official for acting quickly to prevent the spread of a fire that broke out in the site’s dust collection ducts on Aug. 23, the Providence Journal reported. A machine spark at about 8 a.m....

  • Vantage Foods Plans New $14M Seafood Processing Line

    Ontario announced its intention to provide funding totaling CN$1.5 million to Canadian firm Vantage Foods as the company kicks off a CN$18 million (about $14 million USD) expansion project to install a new seafood line and boost red meat production at its Belleville, ON plant, a press release from...

  • Hormel Foods Buys Brazilian Meat Firm Cidade do Sol

    Hormel Foods Corporation announced its $104 million acquisition of Brazilian meat firm Cidade do Sol on Thursday, marking the Austin, MN-based company’s first entry into South American markets. “Strategic international growth is important to Hormel Foods and South America has been of...

  • Cargill Protein Invests in Producer of Lab-Grown Meats

    A San Francisco-based startup that produces “clean meat” from animal cells in a laboratory announced it had gained the investments from a number of “groundbreaking” parties, including Cargill and several other food firms. Memphis Meats said a press release Wednesday that...

  • Foster Farms Plans $30M Poultry Processing Plant Upgrade

    Poultry products producer Foster Farms plans to invest $30 million to expand and upgrade cut-up and boning areas its Farmerville, LA processing facility, the firm’s chief executive officer, Laura Flanagan, and Louisiana Gov. John Bel Edwards announced in a press release. 50 new jobs will be...

  • Cronus Hires Thyssenkrupp to Build $1.4B Fertilizer Plant

    Chicago-based Cronus Chemicals LLC announced Wednesday that an agreement was signed to bring on Thyssenkrupp Industrial Solutions (TKIS) as its engineering, procurement, and construction (EPC) contractor for a planned $1.4 billion fertilizer plant in Tuscola, IL. Local media reports noted that the...

  • Fire at Pinnacle Foods Plant Forces Evacuation of Workers

    Workers were evacuated from a Pinnacle Foods Inc. processing plant in Fennville, MI Wednesday as crews from six area fire departments worked to extinguish the flames, several local news organizations reported. Firefighters responded to the plant at about 4:50 p.m., finding the fire had broken out...

  • Pasta Montana Debuts New $6.5M Processing Line

    A new $6.5 million processing line at the Pasta Montana production plant in Great Falls, MT opened this week as the Nippon Flour Mills subsidiary celebrated its twentieth anniversary, the Great Falls Montana Development Authority announced via press release Wednesday. The new line will expand the...

  • Coca-Cola Offers $1M Prize for New Sugar Alternative

    Facing a long-term slump in sales of sugary drinks, The Coca-Cola Company is offering a $1 million prize to researchers who develop compounds that offer a natural, safe, low-calorie alternative to sugar, the company announced this month. Dubbed the “Sweetener Challenge,” Coca-Cola...