Home » Gold surges as tensions flare in the Middle East Source: Sosland Publishing Co. Recap for October 13 US gold futures surged on Friday as investors flocked to safe-haven investments amid rising tensions in the Middle East. Early Friday, the…
HORSHAM, PA. — Bimbo Bakeries USA, a subsidiary of Grupo Bimbo SAB de CV, is launching a new croissant bread to expand the breakfast portfolio of its Thomas’ English muffins and bagels brand. The bread has the “flaky delicate layers…
LENEXA, KAN. — Before the J.M. Smucker Co. swooped in to acquire Hostess Brands, Inc. last month, another publicly traded US packaged goods company was heavily in the mix for the maker of Twinkies, Ding Dongs and HoHos, according to…
LONDON — Pasta Evangelists, a subsidiary of Barilla, is launching its first factory in the United Kingdom, making it the largest pasta factory in the nation’s history. The company received an investment of more than $15 million to build an…
SAN DIEGO — Cell-cultured seafood manufacturer BlueNalu Inc., a portfolio company of Agronomics, has secured $35 million in a Series B funding round. With the funding, BlueNalu will continue to scale growth toward providing sustainable seafood. In addition, the company will…
ST. LOUIS — On Oct. 10, Post Holdings, Inc. announced it has agreed to acquire Perfection Pet Foods, LLC for $235 million. Perfection Pet Foods is a leading manufacturer and packager of private label and co-manufactured pet foods and baked…
BOULDER, COLO. — Meati Foods, a maker of meat alternatives based on mycelium, is launching its first shelf-stable snack products. The brand’s new line of plant-based jerky, available in original, peppered and sweet chile flavors, is formulated with its patented MushroomRoot,…
PURCHASE, NY. — Different packaging sizes, both for snacks and beverages, is allowing PepsiCo, Inc. to appeal to a variety of consumer preferences, executives said in Oct. 10 comments on third-quarter financial results. In the quarter ended Sept. 9, Purchase-based…
REHOVOT, ISRAEL — Wanda Fish Technologies Ltd., a FoodTech startup company that formulates cultivated fish, has secured $7 million in seed funding. The funding round was led by Aqua-Spark. The funding will enable the company to accelerate creation and scale…
HORSHAM, PA. — Bimbo Bakeries USA is expanding its artisan-style line of products marketed under The Rustik Oven brand with the launch of sliced sourdough sandwich loaves in two varieties: sourdough and multi-grain sourdough. According to BBU, the bread is…
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