MEXICO CITY — In the wake of announcing the closing of a baking plant in New Mexico, Grupo Bimbo SAB de CV said it is planning a restructuring of its North American businesses. Brief comments about the restructuring were shared…
BERKELEY, CALIF. — Upside Foods has temporarily halted its plans of building a 187,000-square-foot cultivated meat plant in Glenview, Ill. The plans, which the company announced in September 2023, called for the construction of “Rubicon.” The company’s first product to…
CHICAGO — Glanbia Nutritionals has launched OptiATP. OptiATP is an optimized form of Adenosine 5-Triphosphate that is stable in low pH/high acid and high-heat ready-to-drink beverage processing environments, according to the company. Glanbia has added TSI Group’s ingredient PeakATP as…
BOULDER, COLO. — Meati Foods has promoted Phil Graves from chief financial officer to chief executive officer. Graves succeeds Tyler Huggins, who will assume the role of founder and chief innovation officer. Meati Foods said it is continuing to right…
BENTONVILLE, ARK. — Consumers responded favorably to reduced food prices at Walmart Inc. late in the fiscal year ended Jan. 31. In the current fiscal year, more consumers should have the opportunity to receive food items, along with other Walmart…
MIAMI — Rap Snacks, a consumer packaged goods brand introduced 30 years ago behind a concept of featuring hip-hop artists on snack packaging, is expanding internationally. The 100% Black-owned brand is set to bring its corn chips, popcorn, ramen noodles…
KANSAS CITY — Picking a snack today is more of a choose-your-own-adventure situation as retail aisles are inundated with a plethora of options. Consumers can go in many directions, including savory, sweet, spicy or soft. But there is one category…
CORAL GABLES, FLA. — Sucro Ltd. (Sucro) said it plans to build a new cane sugar refinery in the greater Chicago area, “to address the growing and underserved US sugar market,” marking the company’s third new plant built or announced in…
Home » Wheat futures continue to slide Source: Sosland Publishing Co. Recap for February 16 Wheat futures slid to fresh contract lows Friday on continued pressure from weak export demand due to lower-priced supplies from Russia and Ukraine, and on…
MALMO, SWEDEN — Oatly Group AB paid for its shift to an asset-light manufacturing model during the fourth quarter of fiscal 2023. The company took a non-cash asset impairment charge of $172.6 million and other costs of $29 million related…
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