Breaking News

RSS

ADM celebrated the grand opening of the new ADM Science and Technology Center at the University of Illinois Research Park. The facility quadruples ADM’s footprint at the University of Illinois Research Park and reflects a significant expansion of its capabilities.

MGP Ingredients, Inc., launched of Proterra® Crumbles, a line of chef-seasoned plant-based protein crumbles developed for foodservice operations. Ready to serve in just minutes, Proterra pea protein crumbles can help cafeterias meet growing consumer demand for plant-based foods.

SnackFutures, the Mondelēz International, Inc. innovation and venture hub, opened applications for CoLab 2023. This is the third year of the start-up engagement program which was created to bring ‘big and small’ together to drive mutual growth.

Bell Flavors & Fragrances, Inc. (Bell) announced a series of promotions to senior leadership positions at its headquarters in Northbrook, Ill. The updates include the promotion of Megan Paul to sensory scientist, the promotion of Noor Abo Alzahb to the position of sales project manager, and the promotion of David Banks to senior marketing director.

Oregon Fruit Products LLC announced that the company’s board of directors appointed Joe Prewett as president and chief executive officer. Prewett will assume the role effective mid-October, while current CEO, Chris Sarles, will help to ensure a smooth transition.

Rubix Foods, a leading culinary and food science-focused provider of flavor and functional ingredients for restaurants and food manufacturers, announced today the grand opening of its highly anticipated new Innovation Center. The 50,000sq-ft "facility of the future" is tailor-made to streamline and accelerate the innovation process on behalf of the company's customers, which includes many of the world's most recognized food brands.

Keystone Capital signed a definitive agreement for House Foods Holding USA (“House Foods”) to acquire 100% of Keystone Natural Holdings, LLC (“KNH”), a manufacturer of tofu and plant-based foods in North America. The proposed transaction is expected to close by the end of September 2022, subject to the satisfaction of customary closing conditions. 

Introduced in 1948, McDonald's Speedee Service System revolutionized the way a restaurant could operate. New kitchen processes streamlined crew responsibilities, making it easier than ever to serve customers efficiently. Now, through Speedee Labs, McDonald's will continue to define tomorrow's restaurant solutions. 

The companies’ capabilities span the food and agriculture value chains, creating a unique, large-scale platform to support farmers’ transition to regenerative agriculture, while building their resilience to climate change. 

PPV Fund III will continue to invest in consumer-facing brands that are better for people and the planet and will focus solely on growth stage companies. PPV Fund III will invest between $15 million and $40 million in target companies as active, primarily minority, investors.