Breaking News

RSS

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.

AIDP, Inc. is pleased to announce an exclusive North American distribution agreement with American River Nutrition (Hadley, MA) for GG-Gold® and DuoQuinol®.

Two chef-driven consumer packaged goods brands Wicked Kitchen and Good Catch are making a splash in the industry by announcing Wicked’s acquisition of the premier plant-based seafood brand’s North American channels. The deal will extend Wicked Kitchen’s multi-category plant-based offerings to frozen and ambient seafood products enhancing the company’s expansive portfolio of meal solutions and ingredients.

Costs for lab-grown meat products are currently higher than those of their conventional counterparts, but with increased volumes, production costs will ultimately be lower than those of factory farming. Clever Carnivore is uniquely positioned to streamline and scale up the cultivated meat production process due to the team’s background in low-cost cell culture media optimization.