Articles Tagged with ''food industry news''

This transition will be effective August 3, 2015.

Anheuser-Busch announced it will invest more than $1.5 billion in its U.S. brewing, agriculture, packaging and distributing operations by 2018. These investments will support growth of its brands and reinforce the beer company's commitment to the U.S. communities where it operates through local spending and jobs. The leading beer company plans to spend an estimated $850 million on brewery and packaging expansion projects, $220 million on product innovation initiatives and $720 million in sustaining and increasing efficiency of its existing footprint.

McCormick & Company, Incorporated announced that it has signed an agreement to acquire 100% of the shares of One World Foods, Inc., seller of Stubb's barbeque sauces ("Stubb's"), a privately held company located in Austin, Texas.

The Omega-3 Coalition, a group of industry stakeholders working to improve consumer knowledge of omega-3s, announced the formation of a scientific advisory council. Comprised of a team of cardiovascular experts, researchers and nutritionists, the council will serve in an advisory role and complement the coalition's efforts to educate consumers about the benefits, efficacy and safety of the specific omega-3s: eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA).

Lamb Weston® announced the launch of a new global brand identity expressed by the tagline "Seeing Possibilities in Potatoes". The launch aligns Lamb Weston® operations worldwide under a common brand vision, describing how Lamb Weston® brings value to its customers' business.

The Hershey Company announced the implementation of a new productivity initiative as part of its ongoing efforts to drive long-term growth and margin-enhancement. The company has identified opportunities to simplify its structure and improve ways of working in order to unlock growth potential in its core confection and emerging snacks businesses. These efforts are intended to ensure Hershey’s ability to rapidly anticipate and respond to the changing demands of the global consumer.

Campbell Soup's announced the acquisition of Garden Fresh Gourmet—a Ferndale, Michigan-based marketer of refrigerated salsa, hummus, and dips—reflects an industry-wide shift among food manufacturing giants to the fresher, livelier supermarket perimeter and to natural/organic products.

Archer Daniels Midland Company announced that it has acquired tree nut and seed processing assets and operations in Modesto, California, from California Gold Almonds.

L.V. Lomas Inc. has been chosen by Palsgaard to exclusively distribute and sell its specialty food emulsifiers in the United States, targeting bakery, chocolate, confections, spreads and margarines.