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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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Bon Appétit Adopts Thrive Culinary Algae Oil

Bon Appétit Management Company selects TerraVia’s Thrive® Culinary Algae Oil as a preferred oil
February 3, 2017
Bon Appétit Management Company operates more than 650 cafés in 33 states for corporations, universities, and specialty venues, including Google, University of Pennsylvania, and the Getty Center.
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Sovos Brands Acquires Michael Angelo's Gourmet Foods

Michael Angelo's Gourmet Foods is a producer of premium, authentic frozen Italian entrées
February 3, 2017
Advent International, a global private equity investor, announced that Sovos Brands, a new company formed by Advent, has completed the acquisition of Michael Angelo's Gourmet Foods Inc., a leading producer of premium, authentic frozen Italian entrées. Financial terms were not disclosed.  
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Bob Evans Farms to Sell Bob Evans Restaurants

Sale of Bob Evans Restaurants and acquisition of Pineland Farms Potato Company marks new Era at Bob Evans Farms, Inc.
February 2, 2017
Bob Evans Farms, Inc. announced definitive agreements for the sale of Bob Evans Restaurants and the purchase of Pineland Farms Potato Company, enabling the company to focus on driving growth of BEF Foods.
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Healthy Food Ingredients Adds Leadership

Joni Huffman joins Healthy Food Ingredients as VP of Domestic Business Development
February 2, 2017
Huffman brings more than 20 years of experience in development of ingredient sales in previously-held positions including Director of Specialty Sales for Ardent Mills and Director of Business Development at ConAgra Mills.
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Nestlé USA to Move Technical & Production Organization

This decision moves these critical functions closer to Nestlé USA factories, 75% of which are located in the eastern half of the U.S.
February 2, 2017
Nestlé USA, a subsidiary of Nestlé S.A., a global nutrition, health and wellness company, today announced that it will move its Technical & Production organization and all Supply Chain teams to its multi-functional Solon, Ohio campus. This decision moves these critical functions closer to Nestlé USA factories, 75% of which are located in the eastern half of the US.
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Kraft Heinz, Oprah Winfrey Announce Joint Venture

Mealtime Stories will make real, nutritious products more accessible to all consumers
February 1, 2017
The Kraft Heinz Company and Oprah Winfrey announced a joint venture called Mealtime Stories, LLC, whose mission is to create a new line of food that will make real, nutritious products more accessible to everyone.
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Quaker Oats Company Marks 140 Years

Firsts from Quaker’s history demonstrate the brand’s ongoing commitment to innovation, dating back to 1877
January 31, 2017
This valued promise of bringing oats to more people in more ways has been unwavering for the past 140 years and has made the brand the foremost expert and undisputed leader in oats.
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Pentallect Inc. to Offer Food Industry Consulting Services

Firm will deliver thought leadership and pragmatic advice to address business challenges
January 27, 2017
The firm offers clients insightful direction on the five “make-it-or-break-it” pillars of business: strategy, structure, sales and marketing, supply chain and spending/profitability – key areas that directly impact the P&L. 
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