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Industry News

  • Cargill Taps Former Chevron Exec for Board of Directors

    A former chairman and chief executive officer of American energy firm Chevron Corporation, John Watson, was recently elected to the board of directors at Cargill and officially assumed the role on Thursday. “We are delighted to welcome John to the Cargill board,” said David MacLennan,...

  • Lindt Plans $32.2M Expansion of Cocoa Mass Plant

    Chocolate and confectionery manufacturer Lindt & Sprüngli Schweiz AG plans to invest CHF 30 million, or about $32.2 million, in an expansion of the Lindt Cocoa Center in Olten, Switzerland, a production site for cocoa mass for the firm’s European chocolate plants. Lindt’s...

  • TreeHouse Foods to Shutter Cereal Plant in Michigan

    Private label food and beverage manufacturer TreeHouse Foods Inc. announced plans to close its ready-to-eat cereal plant in Battle Creek, MI in a press release Wednesday after the firm decided that continuing to operate the plant “would not be economically viable.” Production at the...

  • Pfizer to Inject $5B into U.S. Manufacturing Operations

    Drug maker Pfizer plans to invest $5 million in capital projects that will bolster its U.S. operations, including improvements to the firm’s manufacturing footprint, the company announced in a release of its full-year results for 2017 on Jan. 30. Company officials attributed the decision to...

  • Bunge Acquires U.S. Corn Masa Milling Business

    St. Louis, MO-based agribusiness Bunge North America recently acquired the Minsa Corporation, a U.S. subsidiary of Mexican firm Grupo Minsa S.A.B. that produces corn masa, a main ingredient in tortillas and other Latin foods, a Jan. 30 press release announced. Bunge’s announcement called...

  • Storage Silo Explodes at Nut Shelling Plant in Georgia

    Officials are working to determine the cause of a storage silo explosion at the South Georgia Pecan Company nut shelling plant in Valdosta, GA on Wednesday afternoon, numerous local news organizations reported. Fire and police personnel responded to the plant after loud sounds were heard at about...

  • USDA, FDA to Cooperate on Food Safety and Biotechnology

    A formal agreement was signed on Tuesday geared at furthering interagency cooperation of the U.S. Food and Drug Administration (FDA) and the U.S. Department of Agriculture (USDA) in produce safety and biotechnology issues and providing guidance to manufacturing firms, the agencies announced in a...

  • BASF Plans $150M Expansion of Gulf Coast Chemical Complex

    German chemical firm BASF will inject $150 million into its Geismar, LA chemical complex to boost its capacity of methylene diphenyl diisocyanate (MDI) from 300,000 MT to about 600,000 MT, the company announced in a press release Wednesday. The firm will construct a new MDI synthesis unit in the...

  • Cargill Invests $4.2M in Grinding Plant Equipment Upgrade

    Moving to boost the grinding capacity of its plant in Columbia, SC, Cargill Protein plans to invest $4.2 million in an expansion effort at the site that includes the purchase of new grinding equipment for production of ground beef. Slated for completion this May, the machinery will expand the...

  • Hopper Eyed as Source of Fire in Large Malt Plant Blaze

    A large fire broke out Monday night at the Bairds Malt Ltd malting plant in Grantham, England, promoting the response of more than 50 firefighters. “We believe one of the fires to have been in one of the hoppers or an element of the hopper on the seventh floor,” a firefighter who was...