Month February 2024

Benson Hill divests another soy processing plant

OMAHA, NEB. — White River Soy Processing, LLC has acquired the Creston, Iowa-based soy processing plant of Benson Hill, Inc. for $72 million. The facility employs 55 and is equipped to produce soy meal and oil, as well as food…

Hain Celestial accelerating ‘reimagined’ strategy

HOBOKEN, NJ. – The Hain Celestial Group, Inc.’s latest strategy iteration is gaining momentum, according to the company. Efforts aimed at streamlining operations and improving efficiencies are developing faster than expected and mean the company is going to invest in…

The future is now for precision fermentation

CHICAGO — While precision fermentation technology has been around for more than 30 years, it’s only now being recognized for its potential to produce food and food ingredients in a sustainable way. It’s already used in the production of several…

Ozark Holdings to acquire Whole Earth Brands

CHICAGO  — Ozark Holdings, LLC, an affiliate of Sababa Holdings Free, LLC, will acquire all of the outstanding shares of Whole Earth Brands, Inc., common stock that it does not already own in an all-cash transaction, according to the company.…

Rind Snacks acquires Small Batch Organics

NEW YORK  — Skin-on dried fruit processor Rind Snacks has acquired Small Batch Organics. Terms of the acquisition were not disclosed. Small Batch Organics, a manufacturer of granola products, is Rind’s first acquisition since its founding in 2018. The acquisition…

Nestle Health Science challenge award winners chosen

BRIDGEWATER, NJ.  — Keto Kind and Superfrau have been selected as winners for the Nestle Health Science Innovate Forward: The Longevity Challenge. The challenge is a joint initiative between Nestle Health Science and the Gerald J. and Dorothy R. Friedman School…

Soybeans bounce off of three-year lows

Home » Soybeans bounce off of three-year lows Source: Sosland Publishing Co. Recap for February 12 Soybean futures jumped higher Monday in a round of bargain buying off of last week’s three-year lows. Corn futures also notched bargain-buying gains to…

More manufacturers embracing sustainable packaging

CHICAGO — Many consumers put packaging waste and, more broadly, concerns about sustainability on the back burner during the pandemic. But reducing packaging waste has returned as an attribute that is influencing purchasing decisions. Consumers recognize packaging is a necessity;…

Believer Meats expands leadership team

CHICAGO — Cultivated meat company Believer Meats has added three executive leadership team members. The company has hired Heather Hudson as its chief product and growth officer; Frida Grynspan as its chief science officer; and Marc Shelley as its chief…

PepsiCo feeling the impact of Quaker recall

PURCHASE, NY. — PepsiCo, Inc., when giving 2023 fiscal-year financial results, shed light on how a Quaker recall is affecting the company. “We had a food safety incident in our Quaker supply chain in the US that has impacted us…

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