USA: Tyson Foods Inc to invest $110 million in Georgia plant
Tyson Foods Inc, one of the world’s largest beef, pork, prepared foods and poultry producers, has announced that it is to invest $100 million dollars at its site in Georgia, USA to maximise efficiency and meet growing demand for its products. The plant currently produces chicken for foodservice customers, but will now convert to supply […]
USA: Kimberly-Clark reports 2014 results
Kimberly-Clark, which is active in markets including household paper and baby care, has reported stable revenues for the 2014 calendar year. Sales of $19.7 billion were 1% higher than 2013 and organic sales rose 4%. Operating profit was down to $2,521 million in 2014 from $2,903 million in 2013, although adjusted operating profit increased 5% […]
USA: PepsiCo launches Cheetos Sweetos
PepsiCo has unveiled its latest release for the US snack market: a new sweet flavour for its Cheetos puffed corn snack. The new limited edition Cheetos Sweetos are described as cinnamon sugar puffs that “take the spring snacking experience beyond chocolate bunnies and marshmallow candies, providing a fun twist to traditional treats”. Commenting on the […]
USA: Post Holdings to buy Mom Brands
Cereal maker Post Holdings has announced that it is aiming to complete the purchase of rival Mom Brands as part of its strategy to expand and strengthen its position in the cereal market, according to a report from Reuters. The transaction will reportedly consist of a payment of $1.05 billion in cash together with a […]
USA: Mondelez International to unveil Oreo Red Velvet
Leading bakery and snacks producer Mondelez International is to roll out a Red Velvet version of its Oreo sandwich cookie as a limited edition for Valentine’s Day. Featuring a bright red colour and a cream cheese flavour filling, the cookie will reproduce the colour and the flavour of the fashionable red Velvet cake, according to […]
USA: Johnson & Johnson releases full-year results
Johnson & Johnson has closed 2014 recording total sales of $74.3 billion, an increase of 4.2% versus 2013. In the Worldwide Consumer division, however, sales of $14.5 billion for the full-year 2014 represented a decrease of 1.4% compared to 2013, consisting of an operational increase of 1.0% and a negative impact from currency of 2.4%. […]
USA: Dannon launches Light & Fit protein shakes
Dannon, the US arm of Danone, has introduced a new high-protein milkshake drink as it tries to tap into demand for on-the-go, high protein products. The new Dannon Light & Fit range is said to contain 12 grams of protein and 5 grams of fibre per serving, as well as being free of fat. Commenting […]
USA: Dannon introduces protein-enhanced Oikos Triple Zero yogurt
Dannon, the US subsidiary of Danone Group, is releasing a new variety of its Oikos Greek-style yogurt to meet increased demand for high-protein foods. Supported by Cam Newton of the NFL, Oikos Triple Zero contains 15g of proteins and features three ‘zero’ claims: no added sugar, no artificial sweeteners and no fat. The product is […]
USA: Hawaiian Host to buy macadamia nut processor Mauna Loa
Hawaiian Host, a Hawaii-based manufacturer of chocolate-coated macadamia nuts, has entered into an agreement with leading confectionery producer The Hershey Co to acquire the Mauna Loa Macadamia Nut Corporation for an undisclosed amount, according to reports in ABC News and Khon2. Mauna Loa is one of the world’s largest processors of macadamia nuts and was […]
USA: Ito En launches “culinary” matcha green tea
Ito En, a leading producer of green tea, is releasing a new matcha powder for culinary uses – Ito En Matcha Love Culinary Matcha. Finely milled matcha powder is fast becoming a popular ingredient for its rich umami taste and antioxidant rich benefits, Ito En said. Ito En Matcha Love Culinary Matcha is packaged in […]