Articles Tagged with ''food industry news''

It is anticipated that the proposed transaction would close during the first quarter of 2017, subject to regulatory review and approval and customary closing conditions.

Prior to his role as President, Hayes was chief commercial officer at Tyson Foods, overseeing all North American sales.

Symrise, a global manufacturer of flavors and fragrances, announces the launch of a new company website, https://vanilla.symrise.com/.

Dr Pepper Snapple Group Inc. (DPS), Plano, Texas, has reached an agreement to acquire Bai Brands LLC, Princeton, N.J., and its complete portfolio of high-growth premium antioxidant-infused beverages. The cash purchase price of $1.7 billion includes a tax benefit of approximately $400 million on a net present-value basis and will be financed through new unsecured notes and short-term commercial paper, the company says.

Through an investment expected to total $10 million, the plant will be updated with state-of-the-art equipment, allowing the company to add vitamin gummies and other fortified products as well as organic and natural fruit snack items to its product portfolio.

Jerome J. Chasko has joined Palsgaard as Technical Sales & Business Development Manager. Based in Palsgaard’s US headquarters located in Morris Plains, N.J., Mr. Chasko leads business development, sales and technical service efforts in the Midwest and Canada.

Hillside's capabilities include incorporating nutraceutical ingredients into confectionery delivery systems, a growing trend in the nutraceutical space.

Led by Jim Merryman and the OFD executive team, the investment funded the retirement buyout of several long-serving OFD managers and will enable OFD to accelerate investments in additional capacity at its Albany plants and elsewhere in North America. Headquarters and company management will remain in Albany.