Hain Celestial agreed to acquire some of the top packaged grocery brands of Britain's biggest food group Premier Foods Plc for 200 million pounds ($316.07 million).
The U.S. Department of Agriculture on Oct. 12 estimated 2011 U.S. peanut production at 3,628 million lbs, down 13% from 4,157 million lbs last year. Peanut butter manufacturers have announced price increases this year, because of the rising cost of peanuts.
American peanut farmers take seriously their role and responsibility of providing an ample, high-quality and safe supply of very nutritious nuts to food manufacturers and consumers.
Skippy, a top manufacturer of peanut butter, has entered the natural space with its recent launch of Skippy Natural Creamy Peanut Butter Spread with Honey.
Plumpy’nut, a packaged peanut butter fortified with vitamins, minerals and sugar, is saving the lives of malnourished children in Africa, reports an April 12, 2005 article in the Wall Street Journal.