Category food

Starbucks sees three drivers to product strategy

SEATTLE — Starbucks Corp. is gearing up for new all-day snacking platforms and an elevated baked foods offering, part of a product strategy that company executives expect to lift the brand and unlock growth. In comments during the company’s “reinvention…

Tate & Lyle hires new director, board chair

LONDON — Tate & Lyle PLC has named David Hearn director, board chair and chair of the nominations committee, effective Jan. 1, 2024. Mr. Hearn will succeed Warren Tucker, who has been the interim board chair of Tate & Lyle…

Slideshow: New products in the plant-based space

KANSAS CITY — The plant-based category is expanding as more companies debut products that appeal to a wider range of consumers. To tap into the roughly 10% of US adults who identify as vegan or vegetarian, food manufacturers are innovating…

Kerry’s Biobake Fresh Rich extends shelf life

NAAS, IRELAND — Kerry has introduced Biobake Fresh Rich, an enzyme system for sweet baked foods that delivers softness, freshness and moistness perception over shelf life while reducing food waste, according to the company. The starch-acting enzyme enables sweet goods…

TreeHouse overcomes recall, supply chain disruption

OAK BROOk, ILL. — TreeHouse Foods, Inc. was able to overcome a voluntary product recall in its broth business and supply chain disruption with a packaging vendor in its pretzels and cookies businesses late in the quarter to deliver earnings…

J.M. Smucker updates business structure

ORRVILLE, OHIO — With the acquisition of Hostess Brands, Inc. now complete, the J.M. Smucker Co. has added Sweet Baked Snacks as a new reporting segment. The company also unveiled several leadership changes. Dan O’Leary has been named senior vice president…

Ross Industries to expand Virginia headquarters

MIDLAND, VA. — Ross Industries Inc. is expanding its production facility in Virginia. The $7.5 million, 24,000-square-foot expansion will enable the food processing machinery manufacturing company to increase its product assembly capacity for its line of packaging, slicing, chilling and freezing,…

Wheat futures fall on better-than-expected ratings

Home » Wheat futures fall on better-than-expected ratings Source: Sosland Publishing Co. Recap for November 7 Better-than-expected winter wheat crop conditions — about 50% of the US crop was in good-to-excellent condition on Nov. 5 — pressured wheat futures Tuesday,…

J.M. Smucker finalizes Hostess acquisition

ORRVILLE, OHIO — The J.M. Smucker Co. has completed its acquisition of Lenexa, Kan.-based Hostess Brands, Inc. The transaction first was announced on Sept. 11. “We are excited to formally welcome Hostess Brands and for the tremendous opportunity we have…

South American conditions boost soybean futures

Home » South American conditions boost soybean futures Source: Sosland Publishing Co. Recap for November 6 Dry conditions in Argentina and weather woes in Brazil each helped push US soybean futures higher Monday. Brazil also is a major corn exporter,…

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