Month January 2024

Conagra Brands remains pressured by cautious consumers

CHICAGO — Consumer purchasing behaviors that emphasized value continued to impact Conagra Brands Inc.’s financial performance during the second quarter of fiscal 2023. As a result, the company lowered its full-year guidance to reflect what is turning out to be…

Weaver Popcorn secures new ownership

WEST PALM BEACH, FLA. — AUA Private Equity Partners has acquired Weaver Holdings, LLC, a manufacturer of popcorn and snacks. Financial terms of the transaction were not disclosed. Founded in 1928 by Ira Weaver, Van Buren, Ind.-based Weaver Popcorn Manufacturing…

Johnsonville seeks sausage segment growth with Salm acquisition

SHEBOYGAN FALLS, WIS. — Johnsonville said it acquired its longstanding co-packer Salm Partners from Entrepreneurial Equity Partners on Jan. 3. Financial details of the acquisition were not disclosed. A co-manufacturer of co-extruded food products, Salm produces fully cooked sausage and…

Challenges are complex for sustainably grown cocoa

The production of chocolate has long been linked to deforestation and myriad issues that come with impoverished regions where it’s grown, but many in the industry are working to improve conditions for farmers and their villages growing this important commodity…

The great milk alternative labeling debate continues

KANSAS CITY — The US Food and Drug Administration (FDA) published draft recommendations in 2023 for the naming of plant-based foods that are marketed and sold as alternatives to milk. The draft guidance, “Labeling of plant-based milk alternatives and voluntary…

Brian Huff to lead Nissin Foods USA

GARDENA, CALIF.  — Instant ramen noodle manufacturer Nissin Foods USA has named Brian Huff as its president and chief executive officer. Huff succeeds retiring president and CEO Mike Price, who held the position since 2018. Huff will oversee the US division…

Kyowa Hakko Bio opens expanded cognizin citicoline facility

NEW YORK — Kyowa Hakko Bio, Co., Ltd. and Kyowa Hakko USA, Inc., a subsidiary of Kirin Holdings Co., has opened its expanded citicoline manufacturing facility at its Kyowa Hakko Bio Yamaguchi Production Center in Hofu City, Yamaguchi Prefecture, Japan.…

en_USEnglish