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Home » Topics » Breaking News

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Steve Lykken of Hormel Foods

Hormel Foods Announces Executive Leadership Changes

The company announced the retirement of Mark Coffey, group vice president of supply chain, and the advancement of Steve Lykken
Prepared Foods Editorial Staff
February 1, 2024

Hormel Foods Corporation, a Fortune 500 global branded food company, announced the upcoming retirement of Mark Coffey, group vice president of supply chain. 


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Cargill scientists holding beakers

Cargill:Trans Fat Free

Cargill becomes first edible oils supplier to meet World Health Organization’s best practice to eliminate industrially produced trans-fatty acids
February 1, 2024

As of Jan. 1, 2024, every Cargill food customer, no matter where they are in the world, can be confident that the company’s fats and oils comply with the World Health Organization’s (WHO) recommended maximum tolerance level for industrially produced trans-fatty acids (iTFA) in fats and oils. 


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Customer Shopping for Groceries

Consumers Confront Concerns Surrounding Processed Foods

Latest consumer research reveals confusion surrounding definitions and healthfulness
Prepared Foods Editorial Staff
January 30, 2024

The International Food Information Council (IFIC) recently published new consumer research, Public Perceptions of Processed Foods, measuring consumers’ knowledge, attitudes, and beliefs about processed foods.


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Corbion logo

Corbion, Kingswood Capital Management Announce Agreement in Divestiture of Emulsifiers Business

The sale will allow Corbion to sharpen its focus on fermentation-based technologies while providing customers and stakeholders a partner in navigating corporate divestitures
Prepared Foods Editorial Staff
January 26, 2024

The divestment of Corbion's emulsifiers business follows Corbion’s Advance 2025 strategy, announced in March 2020, focusing on further growing a set of core competencies built around advanced expertise in fermentation that are essential to fulfilling the company's central purpose, to "preserve what matters."   


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Brookside Flavors and Ingredients logo

Brookside Flavors & Ingredients Completes Acquisition of Sterling Food Flavorings

Brookside Flavors & Ingredients helps leading food and beverage companies create flavorful products across a wide range of sweet and savory applications
Prepared Foods Editorial Staff
January 26, 2024

Vitas Roman and Rick Englesbe, the owners of Sterling, are industry veterans with a long history of developing and producing flavor and spice products that have driven a track record of successful growth. They will continue serving Sterling's customers as part of BFI.


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Hand holding ice cream cone

C16 Biosciences Increases Focus in Food Industry

Maker of Palmless™, the platform for sustainable palm oil alternatives, to apply new $3.5 million grant from the Bill & Melinda Gates Foundation
Prepared Foods Editorial Staff
January 26, 2024

C16 Biosciences, makers of Palmless™, the platform for sustainable palm oil alternatives, is ramping up its capabilities in the food category, fueled by a $3.5 million grant from the Bill & Melinda Gates Foundation as well as a $1 million investment from Elemental Excelerator.


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Sparkling Ice executives appointed 2024

Sparkling Ice Names New Executive Leadership

Moves include the appointment of the company's first chief growth officer
Prepared Foods Editorial Staff
January 26, 2024

Talking Rain® Beverage Company announced its first chief growth officer, Rich DePencier, a move in the company's aggressive strategy to energize future growth and meet consumer demand for Sparkling Ice®.


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Bridor and Equii logos

EQUII Partners with Bridor to Revolutionize Artisanal Bakery with Complete Protein Baked Goods

The partnership is an alignment of EQUII and Bridor's goals of making sustainable nutrition more accessible through promoting complete protein and plant-based alternatives
Prepared Foods Editorial Staff
January 25, 2024

Together, with their respective cutting-edge fermentation technology and state-of-the-art manufacturing capabilities, they aim to cater to changing consumer preferences and dietary trends by creating health-forward protein breads and a variety of indulgent bakery products.


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ImaginDairy Product Examples

Imagindairy Unveils Industrial Scale Manufacturing of Milk Protein

The food tech startup is in a position to sell its animal-free milk proteins at cost parity to traditional dairy
Prepared Foods Editorial Staff
January 23, 2024

The facility allows Imagindairy access to production at more than 100,000 liters of fermentation capacity, with planned capacity expansion to triple this volume in the next one to two years. 


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Pepsico_900

PepsiCo Announces Retirement of North America Beverages CEO

Ram Krishnan to take on role as CEO of PepsiCo Beverages North America
Prepared Foods Editorial Staff
January 23, 2024

PepsiCo, Inc. announced that Kirk Tanner, CEO of the company's North America beverage business will retire on February 2. Ram Krishnan is appointed as the CEO for PepsiCo Beverages North America. 


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