Corporate
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A Year In Food Industry Upheaval: Trump, Tariffs and Titanium Dioxide
This year will go down in the history books as one marked by an unprecedented federal focus on the food industry, sparking strategic overhauls of, and a bit of panic within, Big Food operations; a flurry of state-level action against a plethora of synthetic ingredients; and the adoption of some new acronyms – UPFs and MAHA, just to name a few.
Stockeld Dreamery Sells Assets To Bettani Farms
Stockeld Dreamery has offloaded a portion of its assets to plant-based food tech entity Bettani Farms, formerly known as Climax Foods.
Horizon Acquires Maple Hill Creamery
Horizon Family Brands has acquired organic, grass-fed dairy company Maple Hill Creamery, strengthening the company’s retail presence, which already includes a selection products under the Horizon Organics and Wallaby Organics brands.
Additional Content
Unilever Names New CEO, Reaffirms Food Brands Strategy
Unilever has appointed former H.J. Heinz executive Hein Schumacher to lead the CPG company effective July 1 reaffirming the multinational company’s commitment to its food brands.
News Roundup: FDA Food Policy Commissioner Resigns; Flashfood Expands With Stop & Shop
In this week’s roundup: FDA Food Policy and Response Commissioner Frank Yiannas resigns; Flashfood expands to new Stop & Shop locations; Bipartisan SHIP IT Act is introduced to Congress; Meati opens the Mega Ranch; and Tyson CFO pleads guilty.
Amy’s Kitchen Adds Execs to Stabilize Supply Chain Ops, Brand Transparency
After a turbulent 12 months that saw challenges ranging from supply chain hiccups to labor disputes, organic food company Amy’s Kitchen is looking to bring stability to its business by bringing in experienced leaders to fill executive and management level roles across multiple departments.
Citing Costs, Rowdy Ending Core Bar Line, Pivoting To Powders
Prebiotic protein bar maker Rowdy has announced it will halt production of its flagship product this year, blaming rising input costs, coupled with the pandemic-induced economic climate, that made the product too costly to manufacture.
News Roundup: Albertsons Launches Emerging Brand Competition; Cereal Maker Sues Rock Band
In this week’s roundup: Albertsons launches emerging brand competition; Post Holdings sues LA-based rock band OK Go; Whole Foods aims to increase store expansions three-fold; Campbell’s consolidates snack offices and SPAM gets stylish.
News Roundup: Walmart Taps Salesforce, New Age Eats Sells Pilot Facility
Walmart announced a partnership with Salesforce to help the retailer drive profitability in its delivery and curbside pickup apps. New Age Eats puts pilot production facility up for sale and Beyond Meat sheds another executive.
Freshly Ending Direct Delivery As Meal Co Pivots To Retail
Nestlé-owned ready-made meal delivery platform Freshly appears to be shutting down its direct-to-consumer business, according to media reports and a LinkedIn post from the company’s co-founder.
Maple Leaf Restructures Alt-Protein Business, Partners With Better Meat
Under the leadership of Adam Grogan, meat juggernaut Maple Leaf Farms is broadening how it looks at the alt-protein category by partnering with The Better Meat Co. and exploring new food-tech offerings.
Ample Hills Runs into Financial Roadblocks, Shutters Operations
Ice cream maker Ample Hills is temporarily closing in a last-ditch attempt to secure critical financing to continue operations, the company stated in a letter posted to its website on Monday.
Cometeer: Layoffs Hits Across Departments at Flash-Frozen Coffee Brand
Cometeer, the Massachusetts-based maker of flash-frozen coffee pods, laid off a number of employees across departments last week in a move sources described as an attempt to cut costs. The innovation-focused startup, founded in 2015 by CEO Matt Roberts and CTO Douglas Hoon, had grown to over 100 employees this year, following a $35 million… Read more »