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Southeastern Grocers Transforms Private Label

The move will span approximately 3,000 items across all categories throughout each banner specific store throughout 2017
February 23, 2017
Southeastern Grocers (SEG), home of BI-LO, Fresco y Más, Harveys and Winn-Dixie stores, announced its largest-ever transformation of private label product, which will span approximately 3,000 items across all categories throughout each banner specific store throughout 2017.
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United Sugars Corporation Opens New Facility

World-class bulk storage and transfer facility improves service, reliability
February 22, 2017
United Sugars Corporation announced the commencement of a new bulk sugar storage and transfer facility in Montgomery, Ill., 45 miles west of Chicago. The plant made its first shipment of sugar to a customer on February 2, 2017.
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Rich’s Expands Leadership Team

Company promotes Dachille, Klein to new executive vice president posts
February 16, 2017
Expanding the ranks of its executive leadership, Rich Products Corporation announced the promotion of two longtime, senior-level associates to fill two newly created Executive Vice President positions at the Buffalo-based, global food company.
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Naturex Strengthens Management Team

Two new industry senior executives to provide leadership
February 16, 2017
Naturex, a global natural specialty ingredients company, added Mary T. Clarke and Reza Kamarei, PhD, to its team of high-profile senior executives.
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Food Industry News

Winona Capital to Invest in Incredible Foods

Incredible Foods is focused on creating snacks that are free from common allergens
February 14, 2017
The investment was made alongside current investors, which include Boston-based Flagship Pioneering and Polaris Partners, and will be used to fuel growth nationwide.
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Food Industry News

2017 Outlook for Gay Lea Foods

Gay Lea Foods leads new direction for Canadian Dairy on innovation and ingredients
February 14, 2017
Fresh off an historic year, Gay Lea Foods Co-operative Limited is poised for further growth in 2017 with ambitious plans for an expansion of its foods and ingredients business as well as for continued investment in innovative, industry-leading products.
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Tyson Foods Announces New Team

Enhanced structure positions company for growth by elevating focus on consumers, customers, technology and sustainability
February 14, 2017
Tyson Foods, Inc. unveiled a new enterprise leadership team to propel the company forward and accelerate growth. The new team brings together diverse experience, and establishes leading capabilities for Tyson Foods along the entire food value chain, from agriculture to dining culture.
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Food Industry News

Reckitt Benckiser to Acquire Mead Johnson Nutrition

Deal creates new opportunities for expansion, growth
February 13, 2017
Mead Johnson will become a new division of RB with its globally-recognized Enfamil and Nutramigen brands joining RB’s portfolio of leading consumer health brands.  
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Food Industry News

Nestlé to Expand Manufacturing Capacity at Eau Claire Plant

Increased production to meet the growing need for infant formulas, medical nutrition products and nutritional drinks
February 9, 2017
Currently, the Wisconsin factories are used to manufacture more than 200 products including infant formulas (e.g. Gerber® Good Start®), medical nutrition products (e.g. Peptamen®) as well as and nutritional drinks (e.g. Boost®).
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Hershey Provides 2017 Outlook

Company also announces fourth-quarter and full-year 2016 results
February 7, 2017
The Hershey Company announced sales and earnings for the fourth quarter ended December 31, 2016. Consolidated net sales were $1,970.2 million compared with $1,909.2 million for the fourth quarter of 2015. Reported net income for the fourth quarter of 2016 was $116.9 million or $0.55 per share-diluted, compared with $227.9 million or $1.04 per share-diluted for the comparable period of 2015.
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