Meat
Beyond Meat Settles With Investors On Derivative Suit Amid Ongoing Don Lee Litigation
Beyond Meat has settled a lawsuit, filed by a group of its stockholders in March 2020 alleging the company’s senior management team, including co-founder and CEO Ethan Brown, former executive chairman Seth Goldman and former CFO Mark Nelson, “breached their fiduciary duties.” The litigation was a derivative action related to an ongoing legal dispute brought against the company by its former co-packer, Don Lee Farms.
Kevin’s Natural Foods Aims to Fill Need for Paleo Meals
Though the paleo diet has gained traction in categories such as sauces and snacks, there’s still space for convenient, clean meal options. Kevin’s Natural Foods wants to help fill that need to via a line of ready-to-eat, refrigerated paleo meals.
Beyond Meat Sales Soar; Tyson Suffers as Plants Close
While production issues currently plague the meat industry, plant-based meat companies are growing. In their respective quarterly earnings calls this week, executives from meat company Tyson and plant-based brand Beyond Meat discussed powering through a pandemic — and trying to develop future strategies despite looming uncertainty.
What is Meat? New Bill Aims to Define It
Last week Rep. Anthony Brindisi (D-NY) and Rep. Roger Marshall (R-KS.) proposed the Real Marketing Edible Artificials Truthfully Act (Real MEAT Act) to Congress, which would establish strict guidelines against labeling alternative proteins as “meat.” Although the meat versus plant-based battle isn’t new, up until now, legal action on the matter has happened only at the state level — this is the first federal bill addressing the subject.
Tyson Ventures Invests in Clean Meat Startup
Future Meat Technologies (FMT) announced today that it closed a $2.2 round of funding, co-lead by Tyson Ventures, the investment arm of CPG giant Tyson Foods.
Scaling Up: CrossFit to Grow Presence in Food
Through a partnership with Strauss Food, the functional fitness company is launching a “CrossFit approved” grass fed beef and free range chicken subscription box, and soon after, a line of jerky.
Hampton Creek’s New Strategy: Clean Meat, New Board Members, New Patents
Hampton Creek CEO Joshua Tetrick spoke with NOSH about recent changes, including what he hopes his two newly named board members will bring to the table, why he’s looking beyond plants to meat and how licensing will play a role in the company’s future.
Gold’n Plump Launches Fully Cooked Chicken Sausages Line
Pilgrim’s is launching a line of chicken sausages under its Gold’n Plump® label—a brand known for making good chicken its mission. Fully cooked and ready to heat on the backyard grill or stovetop, Gold’n Plump chicken sausages can be found in Midwest supermarkets and national retailers.
Verde Farms Acquires Estancia Beef
The acquisition is a natural next step in expanding Verde Farms’ offerings nationwide while maintaining the integrity of their founding values of healthy soil, healthy animals, and healthy and delicious beef. The terms of the transaction were not disclosed.
Ball Park Removes Added Nitrites And Nitrates From Beef Hot Dogs
The Ball Park Brand removed added nitrites and nitrates from all Ball Park beef hot dogs, and eliminated by-products and added fillers from its meat line.