Moves follow previous investment of $1 billion from 2011 to 2014 and will drive innovation, environmental advances
June 26, 2015
Anheuser-Busch announced it will invest more than $1.5 billion in its U.S. brewing, agriculture, packaging and distributing operations by 2018. These investments will support growth of its brands and reinforce the beer company's commitment to the U.S. communities where it operates through local spending and jobs. The leading beer company plans to spend an estimated $850 million on brewery and packaging expansion projects, $220 million on product innovation initiatives and $720 million in sustaining and increasing efficiency of its existing footprint.
Stubb's products include marinades, rubs and skillet sauces, and annual sales are project at $30 million
June 26, 2015
McCormick & Company, Incorporated announced that it has signed an agreement to acquire 100% of the shares of One World Foods, Inc., seller of Stubb's barbeque sauces ("Stubb's"), a privately held company located in Austin, Texas.
Team is comprised of cardiovascular experts, researchers and nutritionists
June 25, 2015
The Omega-3 Coalition, a group of industry stakeholders working to improve consumer knowledge of omega-3s, announced the formation of a scientific advisory council. Comprised of a team of cardiovascular experts, researchers and nutritionists, the council will serve in an advisory role and complement the coalition's efforts to educate consumers about the benefits, efficacy and safety of the specific omega-3s: eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA).
“Seeing Possibilities in Potatoes” is now the company’s new tagline
June 24, 2015
Lamb Weston® announced the launch of a new global brand identity expressed by the tagline "Seeing Possibilities in Potatoes". The launch aligns Lamb Weston® operations worldwide under a common brand vision, describing how Lamb Weston® brings value to its customers' business.
Company realigns enterprise resources and global leadership team to maximize strategic objectives
June 22, 2015
The Hershey Company announced the implementation of a new productivity initiative as part of its ongoing efforts to drive long-term growth and margin-enhancement. The company has identified opportunities to simplify its structure and improve ways of working in order to unlock growth potential in its core confection and emerging snacks businesses. These efforts are intended to ensure Hershey’s ability to rapidly anticipate and respond to the changing demands of the global consumer.
Company purchases Garden Fresh Gourmet to support fresh food, supermarket perimeter efforts
June 18, 2015
Campbell Soup's announced the acquisition of Garden Fresh Gourmet—a Ferndale, Michigan-based marketer of refrigerated salsa, hummus, and dips—reflects an industry-wide shift among food manufacturing giants to the fresher, livelier supermarket perimeter and to natural/organic products.
Archer Daniels Midland Company announced that it has acquired tree nut and seed processing assets and operations in Modesto, California, from California Gold Almonds.
Outfit will exclusively distribute and sell specialty food emulsifiers in the Unites States
June 15, 2015
L.V. Lomas Inc. has been chosen by Palsgaard to exclusively distribute and sell its specialty food emulsifiers in the United States, targeting bakery, chocolate, confections, spreads and margarines.
Co-founder and CEO resigns, board initiates search process for permanent CEO
June 15, 2015
Boulder Brands, Inc. announced that Steve Hughes has resigned as Chief Executive Officer and as a member of the Boulder Brands Board of Directors effective immediately. The Boulder Brands Board of Directors has appointed James B. Leighton, the Company's Chief Operating Officer, to serve as Interim CEO, effective immediately. Mr. Leighton has served as Chief Operating Officer since October 2013 and has been a member of the Boulder Brands Board of Directors since August 2007.