EVANSTON, ILL. — Every Body Eat, a manufacturer of allergen-free, gluten- and grain-free snack thins, has a new manufacturing facility to call home. As an allergen-free manufacturer, the company found it difficult to co-manufacture its products due to the risk…
NEW YORK — With shares of PepsiCo, Inc. trading at the lowest valuation in 22 years, Morgan Stanley is upgrading the investment rating of the Purchase, NY-based maker of snacks, beverages and food to overweight. With the upgrade from equal-weight, PepsiCo…
NEW YORK — With shares of PepsiCo, Inc. trading at the lowest valuation in 22 years, Morgan Stanley is upgrading the investment rating of the Purchase, NY-based maker of snacks, beverages and food to overweight. With the upgrade from equal-weight, PepsiCo…
NEW YORK — IFF and Roquette have entered into a definitive agreement under which New York-based IFF will sell its Pharma Solutions business unit to Roquette, La Madeliene, France, for an enterprise value of up to $2.85 billion. The Pharma…
PURCHASE, NY. — Frito-Lay, Inc., a division of PepsiCo, Inc., has introduced Rold Gold Waffles as the latest addition to its Rold Gold pretzel portfolio. The product features salted pretzels in a lattice shape similar to waffles. Rold Gold Waffles…
NEW YORK — Chunk Foods, a maker of plant-based products that mimic whole cuts of meat, is aiming to add scale. For Chunk Foods, going beyond replicating the basic burger, chicken nugget, or hot dog in a plant-based application is…
LIVINGSTON, CALIF. — Foster Farms named Jayson Penn the company’s new chief executive officer on March 18. Penn succeeds Donnie Smith, who was appointed CEO of Foster Farms in conjunction with Atlas Holdings’ acquisition of the poultry company in June…
Biotechnology & Natural Color Production Biotechnology is revolutionizing the world of natural color production, bringing forth a new era of captivating shades. Advances such as Givaudan’s upcoming acid stable blue are proving that ancient techniques can be used in new…
CHICAGO — Fat is a necessary macronutrient in the human diet historically obtained from animals and plants. As a solid fat or liquid oil, the ingredient also may offer functional aspects in many formulations. Technology enables the design of fats…
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