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Export optimism boosts wheat futures
Home » Export optimism boosts wheat futures Source: Sosland Publishing Co. Recap for January 25 Wheat futures continued to climb Thursday on optimism that North America and Europe could pick up some global demand amid geopolitical tension in the Middle…
McCormick takes steps to reverse volume decline
HUNT VALLEY, MD.  – McCormick & Co. expects increased brand marketing, price gap management, new products and packaging renovations to stop a slide in sales volume, said Brendan M. Foley, president and chief executive officer. Sales volume in the fourth quarter…
Cheetos launches latest flavor innovation
PLANO, TEXAS — Frito-Lay North America, a division of Purchase, NY-based PepsiCo, Inc., is debuting a new Cheetos flavor ahead of the Super Bowl. Inspired by the popular football watch party food, Cheetos Crunchy Buffalo merges the flavor notes of…
Mars names new VP of sales for North America
CHICAGO — Mars Food and Nutrition has promoted Eric Huston from general manager of Mars Food and Nutrition Canada to vice president of sales North America. Huston succeeds Edward Taylor. Huston has been with Mars for the last seven years holding…
Tyson Foods opens bacon plant in Kentucky
SPRINGDALE, ARK. — Tyson Foods Inc. said it has opened a new $355 million bacon production facility in Bowling Green, Ky. The company said the plant was built to support a significant expansion in bacon production capabilities, capitalize on category…
VERAX enters US, Mexico sugar markets
CHICAGO — Verax Commodities LLC (VERAX) on Jan. 24 said it has begun sugar trading, processing, and distribution activities as the newest entrant to the North American sugar market with headquarters in Chicago and regional offices in Houston and Mexico City.  …
Craveworthy buys stake in Dirty Dough Cookies
CHICAGO — Craveworthy Brands, a platform company that operates several fast-casual chains, has acquired a significant stake in Dirty Dough Cookies, a growing cookie franchise. The acquisition marks the company’s first snack brand and one of the biggest deals for…
Corbion to sell emulsifiers business
LOS ANGELES – Kingswood Capital Management, a private equity company, is acquiring Corbion’s emulsifiers business for approximately $326 million. Kingswood Capital is a lower, middle market firm that makes investments in consumer, energy, industrial, retail, technology and other industries, according to…
Equii, Bridor team up to create new baked foods
SAN FRANCISCO —Equii, a food technology company specializing in complete protein solutions, has formed a strategic partnership with Bridor, a manufacturer of bakery products. The collaboration is set to introduce a new range of baked foods that promise higher protein…
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