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Hormel Foods Announces Executive Retirement

Jim Splinter, group vice president, corporate strategy, retires after 36 years with the company
June 16, 2020
Hormel Foods Corporation, a global branded food company, announced the upcoming retirement of Jim Splinter, group vice president, corporate strategy.
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New Hope Network Cancels Natural Products Expo East

Organization launches Spark Change to guide the community through a virtual journey of product discovery, education and connection
June 16, 2020
New Hope Network misses gathering with the natural & organic products community, and we are sad to announce that we will need to wait until 2021 for us all to be together in person again due to the continued impact of the COVID-19 crisis on events and travel.
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Turkey Hill Announces Expansion with Acquisition of Arkansas Production Facility

The newly acquired 100,000 square foot production facility is SQF-certified and manufactures high-quality ice cream and frozen novelty products
June 15, 2020
Turkey Hill LLC, a manufacturer and distributor of branded ice cream and refrigerated drinks, announced that it has acquired an ice cream and novelty production facility in Searcy, Arkansas from Yarnell Ice Cream, LLC, a subsidiary of Schulze & Burch Biscuit Company. 
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Evaluating Impact of COVID-19 on Grocery Shopper Habits

US Grocery Shopper Trends report provides picture of grocery shopping habits before the pandemic, attitude shifts during COVID-19 and a glimpse of what might come next
June 11, 2020
Prepared by The Hartman Group, the 2020 report provides a clear picture of grocery shopping habits before the pandemic, attitude shifts that took place during COVID-19 and offers a glimpse of what might come next for the food industry.
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Food Industry News

S-FDF LLC Sells Freeze Drier Technology, Freeze Dried Fruit and Vegetable Business to Black Ridge Oil & Gas

New company, Sustain:Us, will produce and sell freeze dried fruits and vegetables to national and local retail partners and directly to consumers
June 11, 2020
Black Ridge Oil & Gas, Inc. announced that it has entered into an asset purchase agreement with S-FDF LLC, owned by entrepreneurs Ira Goldfarb and Claudia Goldfarb, to acquire the assets related to S-FDF LLC’s freeze drier technology and freeze dried fruits and vegetables for human consumption.
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Ingredion: Functional Fiber

Ingredion Launches NOVELOSE 3490 Dietary Fiber for high-fiber, Low FODMAP bakery and snack foods
June 11, 2020
The dietary fiber, originally launched in the Asia Pacific region, is recognized by Monash University as a Low FODMAP Certified product in the US and enables food manufacturers to develop high-fiber bakery and snack products that help support digestive wellness. 
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EggLife Foods Names New Leadership

Andrea Schwenk joins the company as vice president of marketing
June 11, 2020
EggLife Foods, Inc., a Chicago-based food brand that uses cage-free eggs, not flour, to reimagine carbohydrate-heavy foods, announced that Andrea Schwenk has joined as the company’s vice president of marketing.
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Natural Product Sales Up Compared to Last Year

New IRI, SPINS research reveals that natural products outperform conventional products pre-COVID-19 and during the pandemic
June 10, 2020
The new report, "COVID-19 and Navigating the Path Ahead: Supporting the Natural Products Consumer," highlights natural shoppers’ product and shopping preferences, recommended strategies for manufacturers and retailers to attract and retain consumers, and suggestions to maximize new opportunities in the future.
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Food Industry News

Brynwood Partners to Acquire North American Buitoni Business from Nestlé USA, Inc.

Since 2003, Brynwood Partners has acquired the Flipz, DeMet's Turtles, Treasures, Stixx, Juicy Juice, Bit O Honey, Nutrament and Joseph's Gourmet Pasta brands from Nestlé
June 9, 2020
The transaction, which includes a 240,000 square foot manufacturing facility in Danville, Va., is expected to close within the next 30 days, subject to customary US regulatory review. Terms and conditions of the deal are not being disclosed.
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