Food Industry

The sale of the Cloverhill and Big Texas brands, as well as certain private-label products, also will help cut costs and reduce complexity across its manufacturing network.

Discover how NMR technology is transforming food production with precision, efficiency and sustainability.

The facility, which is creating 300 jobs, will produce creamers for several brands, including Coffee mate, Natural Bliss and Starbucks. 

Analysts say the adoption of GLP-1 drugs, the expansion of AI and the growth of multi-billion-dollar M&A deals chart an unpredictable path for the industry this year.

The Coors Light manufacturer’s 8.5% stake in the nonalcoholic carbonated mixer, worth $89 million, further builds on its long-term strategy of increasing its exposure beyond beer.

The snacking giant secured licensing deals in the frozen aisle for two staple brands, and Graeter’s Ice Cream partnered with Skyline Chili on the sweet and savory treat.

A merger with South American producer Mantiqueira Brasil comes amid soaring U.S. egg prices.

The finding at a California duck farm is raising alarms among public health experts that bird flu could further mutate into “unpredictable new viruses.”

In other beverage news, Suntory is shaking up its RTD cocktail lineup with a bar-inspired Lemon Drop Martini.

While consumers are willing to pay more for some items, they are being more choosy about which ones to purchase, according to the bank’s chief agricultural economist.