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Mars Wrigley broke ground on a new, best-in-class, global research and development hub adjacent to the company's existing Global Innovation Center on Goose Island. Leaders from Mars as well as key Chicago stakeholders, including Michael Fassnacht, CEO, World Business Chicago, and Alderman Walter Burnett Jr., gathered together to commemorate the milestone for the company.
The Boston Beer Company is establishing a subsidiary to serve as a dedicated research and innovation hub in Canada focused on non-alcoholic cannabis beverages.
Imbibe introduces “Ingredients by Imbibe,” a new platform that offers the company’s high performing ingredients to external R&D teams. Imbibe’s ingredient portfolio includes The Senses™, a suite of taste solutions that address common product attribute complaints through flavor modulation, masking and mouthfeel optimization; and Pre/Sense™ Stevia.
Mile High Food Science has launched a new R&D facility in Denver and has established a commercial office in Los Angeles as part of its new agreement with Aseppak Global.
In 2016, Imbibe responded to industry megatrends around clean label and sugar reduction by forming a team that has been solely focused on exploring new ingredient technologies from suppliers across the industry.
Health Canada has granted BevCanna Enterprises Inc. a research license to study the stability and homogeneity of water-soluble cannabinoid infusions in water-based beverages.
The Nestlé Product Technology Center in Bridgewater is the lead Product Technology Center for Nestlé Health Science globally, part of a strong network of R&D centers that drive Nestlé Health Science’s mission to empower healthier lives through nutrition.
With an area of more than 21,000 square feet, the most modern Stern-Technology Center concentrates the group’s research and product development under one roof. The companies’ own scientists, technologists and engineers in the fields of dairy, meat and bakery products, deli foods, sweets and others are familiar with market demands and challenges. Customers benefit from the comprehensive fund of technical know-how within the global group and tailor-made solutions offered locally for numerous food applications.
The center is seven-times the size of the existing facilities and will serve as the foundation of Beyond Meat’s commitment to innovation through accelerated experimentation, learnings, and progress toward the goal of building plant-based meat that is indistinguishable from its animal-based equivalent.
The transaction includes consideration to DuPont of $1.6 billion to reflect the difference in the value of the assets, including cash of $1.2 billion and working capital of $425 million
The transaction includes consideration to DuPont of $1.6 billion to reflect the difference in the value of the assets, including cash of $1.2 billion and working capital of $425 million.