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Food Business News

Jacques Torres Chocolates, Nature’s Garden debut chocolate fruit and nut clusters | 2020-02-14

FoodBusinessNews
TOTOWA, N.J. — Jacques Torres Chocolates has teamed with Cibo Vita, Inc.’s Nature’s Garden brand to develop new Jacques Torres by Chocolate Orchard premier chocolate clusters. The Fruit & Nut Clusters combine Nature’s Garden’s fruits and nuts with Belgian chocolate from the premium chocolatier. Made with 60% Belgian dark chocolate, the clusters include dried......
Food Business News

Cocoa market strengthens despite mixed grind data | 2020-02-14

FoodBusinessNews
WASHINGTON — Nearby New York cocoa bean futures hit 20-month highs in late January amid concerns about tighter global supplies even as port arrivals in top-producing Ivory Coast were ahead of the year-ago pace and fourth-quarter cocoa bean grind offered mixed signals about global demand. The nearby March contract traded......
Food Business News

Analysts advise cautious approach to food sector | 2020-02-14

FoodBusinessNews
KANSAS CITY — Following an extraordinarily difficult year in 2018, market conditions for grain-based foods companies improved in 2019, said a group of Wall Street analysts interviewed by Milling & Baking News. For 2020, no consensus emerged among the analysts about prospects for consumer-packaged foods companies. With the exception of......
Food Business News

New brand seeks to boost wellness with functional granolas | 2020-02-14

FoodBusinessNews
SAN DIEGO — New wellness brand LÜME is launching with a line of granolas designed to elevate energy levels, promote healthy hair, skin and nails, and enhance overall well-being. LÜME functional granolas are vitamin- and supplement-infused and made with ingredients that are organic, gluten-free, soy-free, dairy-free, contain zero refined sugar......
Food Business News

Mizkan launches line of Japanese condiments in the U.S. | 2020-02-14

FoodBusinessNews
MOUNT PROSPECT, ILL. — The Mizkan Group is bringing its Mizkan brand of premium Japanese sauces and rice vinegars to the United States with the launch of Mizkan America, Inc. offerings. The company has been producing condiments in Japan since 1804. Mizkan’s line of rice vinegars features three Non-GMO Project......
Food Business News

Consumers seek more environmental impact information on plant-based foods | 2020-02-14

FoodBusinessNews
WASHINGTON — Information may be a bigger barrier to adopting plant-based foods than taste, according to a national survey by the Yale Program on Climate Change and the Earth Day Network. Approximately 55% of Americans said they are willing to eat more plant-based meat alternatives, and 54% said they are......
Food Business News

Givaudan, Bühler to build plant-based food innovation center | 2020-02-14

FoodBusinessNews
UZWIL, SWITZERLAND — Bühler and Givaudan announced on Feb. 13 plans to build an Innovation Center dedicated to plant-based food in Singapore. The facility is expected to open later this year. “The projected population of 10 billion people by 2050 is a challenge too big to be solved alone,” said......
Food Business News

Simulation streamlines food processing | 2020-02-14

FoodBusinessNews
PLANO, TEXAS — Siemens Digital Industries Software offers a variety of simulation-guided scale-up and process development technologies to help companies bring products to market quickly and cost-effectively. Simulation technologies provide a “digital twin” that may validate technical feasibility and enable exploration of a wider range of ideas, the company said. “The......
Food Business News

Slideshow: New products from Hostess, General Mills, SkinnyDipped | 2020-02-14

FoodBusinessNews
KANSAS CITY — As winter starts to melt into spring, C.P.G. manufacturers are offering new citrus-flavored sweets to celebrate the season. Hostess Brands, Inc. is introducing Iced Lemon CupCakes, a limited-edition addition to its lineup of snack cakes. The lemon-flavored cakes feature lemon icing and a creamy filling. For spring,......
Food Business News

Nestle shifts focus to acquisitions in 2020 | 2020-02-14

FoodBusinessNews
VEVEY, SWITZERLAND — Nestle S.A. is seeking acquisitions, preferably small- to mid-sized acquisitions, after divestments altered the company’s portfolio in 2019. “On portfolio management, as you know, it’s been a busy year on the divestiture front,” said Ulf Mark Schneider, chief executive officer, in a Feb. 13 earnings call to......
Food Business News

Kraft Heinz Co. seeking greater stability in fiscal 2020 | 2020-02-13

FoodBusinessNews
PITTSBURGH — Kraft Heinz Co. management made progress in turning the business around in fiscal 2019 and sees fiscal 2020 as a year of stabilization. Plans in place to achieve its goals include revamping its innovation processes, improving customer satisfaction and reducing employee turnover. Chief executive officer Miguel Patricio has......
Food Business News

PepsiCo benefits from ‘faster, stronger and better’ plan | 2020-02-13

FoodBusinessNews
PURCHASE, N.Y.  — PepsiCo, Inc. benefited from investments made over the past year to become a “faster, stronger and better” organization. The company met or exceeded each of its full-year financial targets and delivered accelerated top-line growth, said Ramon L. Laguarta, chairman and chief executive officer. Net income attributable to......
Food Business News

General Mills brings aboard Montemayor to lead digital strategy | 2020-02-13

FoodBusinessNews
MINNEAPOLIS — General Mills, Inc. is building out its digital and data capabilities with the hiring of Jaime Montemayor as chief digital and technology officer. In the newly created role, Mr. Montemayor will oversee the company’s I.T. and Technology Solutions teams with the goal of building new capabilities that advance......
Food Business News

Prime Roots launches meat-free bacon | 2020-02-13

FoodBusinessNews
BERKELEY, CALIF. — Fungi-based meat start-up Prime Roots will debut its meat-free bacon on Feb. 14. Prime Roots uses koji, a filamentous fungus native to Japan, to make protein-rich analogs that mimic the taste and texture of a variety of types and cuts of meat. Containing no processed ingredients, the......
Food Business News

Hormel to expand manufacturing footprint with new plant | 2020-02-13

FoodBusinessNews
AUSTIN, MINN. — Hormel Foods Corp. said it will increase its manufacturing operation in Omaha, Neb., after purchasing a former distribution center. Papillion Foods L.L.C., a legal entity of Hormel, will run the operation and expects to employ 200 people with most coming from around Omaha. “We are excited to......
Food Business News

TreeHouse taps Kelley as c.f.o. | 2020-02-13

FoodBusinessNews
OAK BROOK, ILL. — William (Bill) J. Kelley Jr. has been named executive vice-president and chief financial officer of TreeHouse Foods, Inc. Mr. Kelley joined TreeHouse in 2016 as corporate controller and was promoted to senior vice-president of corporate and operations finance in 2018. He has been serving as interim......
Food Business News

Kalsec promotes three to senior leadership | 2020-02-13

FoodBusinessNews
KALAMAZOO, MICH. — Kalsec promoted three to senior leadership positions. Aaron Wheadon was promoted to senior vice-president of sales, Americas. His responsibilities include leading core product sales and customer experience. Joanna Martz was promoted to vice-president, corporate development and hops business unit. Ms. Martz started in Kalsec’s hops unit in 2011......

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