New facility to be state‐of‐the‐art manufacturing plant for gellan gum, specialty xanthan gum
December 8, 2015
CP Kelco, a global producer of specialty hydrocolloid solutions, announced its intent to build a new state‐of‐the‐art manufacturing plant in North America for gellan gum and specialty xanthan gum.
Pennant Ingredients is a large baked goods supplier for the foodservice and retail markets operating in the United States
December 8, 2015
Puratos, innovator in the bakery, patisserie, and chocolate industry, acquired Pennant Ingredients, a provider of speciality bakery products and solutions to the North American Quick Service Restaurant, foodservice and retail in-store bakery channels.
Keurig, the maker of single-cup coffee machines sitting on millions of kitchen counters, agreed to sell itself Monday for almost $14 billion to JAB Holding Co., a private company with a growing java business.
Historic brand has pioneered the hot cereal industry for more than a century
December 4, 2015
Quaker® is teaming up with Fuel Up to Play 60, which empowers students to lead change and improve wellness in over 73,000 schools nationwide, and Emmitt Smith, professional football icon and father of five, to help fuel families across the country for the upcoming season.
David B. Schmidt to step down, Korn Ferry appointed in search for new leader
December 4, 2015
David B. Schmidt, president and CEO of the International Food Information Council (IFIC), has elected to step down after 23 years of leadership, including 10 years as CEO at the Washington, D.C.-based communications association.
New investment brings smoked rum to key American regions
December 1, 2015
Chicago-based Liquid Asset Brands LLC (“LAB”) and Spirits Investment Partners LLC (“SIP”) announced that they have made a US $14 million investment in Stolen Spirits (“STOLEN”), for a majority stake in the business.