Month December 2023

Prova scaling its sustainable vanilla supply chain

BEVERLY, MASS. — As officials from around the world gathered in the United Arab Emirates for COP28 — the United Nations Climate Change Conference — this month to find a way forward to creating a more sustainable global environment, individual…

Lancaster board of directors hires new chairman

WESTERVILLE, OHIO — Lancaster Colony Corp. has named Alan F. Harris the new chairman of its board of directors, effective Jan. 1, 2024. Mr. Harris will succeed John B. Gerlach Jr., who will remain a board member. Mr. Harris previously…

Survey: Americans prefer to eat quicker meals

PLANO, TEXAS — Americans typically don’t have enough time to prepare and enjoy meals, according to the fifth annual US Snack Index by Frito-Lay North America and The Quaker Oats Co., both of which are subsidiaries of PepsiCo, Inc. Looking…

Bauducco Foods to create US hub in Florida

TAMPA, FLA. — Bauducco Foods, a Brazilian multinational company specializing in baked food products, purchased 72 acres of the Zephyrhills Airport Industrial Park Ready Site in Zephyrhills, the Greater Tampa Bay, Fla. area, in October.  Bauducco Foods plans to invest…

Springdale Ventures raises $40 million in capital

AUSTIN, TEXAS — Springdale Ventures has closed on its second funding round, which raised $40 million in capital for furthering its goal on investing in early-stage consumer brands. Fund II features returning limited partners, family offices, entrepreneurs, and athletes. The company’s…

Corbion ahead on restructuring but open to dialogue

SAN FRANCISCO – With a large investor calling for Corbion NV to explore strategic alternatives, the company is committed to moving forward on a far-reaching restructuring program. While Amsterdam-based Corbion first announced the restructuring plan in October, launching it in…

‘Stressed consumer’ cutting General Mills outlook

MINNEAPOLIS — Top management of General Mills, Inc. voiced guarded optimism in September about prospects for a rebound in unit volume sales in the final months of 2023 following a period of weakness attributed to rising prices. In the company’s…

Soybeans rise early, drop late on Brazilian forecasts

Home » Soybeans rise early, drop late on Brazilian forecasts Source: Sosland Publishing Co. Recap for December 19 Soybean futures touched a one-week high early in Tuesday’s session, extending Monday’s gains, before dropping and closing lower on rainy Brazilian forecasts.…

FDA finds source of lead contamination in applesauce pouches

WASHINGTON — The Food and Drug Administration (FDA) has identified the source of lead contamination in applesauce pouches manufactured by Austrofood, Sangolquí, Ecuador – Negasmart SA, Quito, Ecuador, the supplier of cinnamon to Austrofood. The FDA said Dec. 18 samples…

en_USEnglish