USA: Ruiz Foods to close California production plant
Ruiz Foods, a Mexican food firm, has announced plans to close its manufacturing plant in Tulare, California. The affected factory commenced operations in 2004 as an extension of the Dinuba plant, initially planned as a short-term supplementary capacity solution. In a statement, Ruiz Foods said the facility was too small and would need significant capital […]
‘Food as fuel’ trend gets super-charged
Insight by Gama Compass MANCHESTER – 12th June 2024: The notion of ‘food as fuel’ (especially via protein enhancement) is accelerating in consumer goods innovation, the latest Insight by Gama Compass can reveal. This all fits within a wider trend for positioning that targets ‘performance’ and the ‘everyday athlete’, as the distinction between food and supplements becomes […]
Sweden: Cloetta to sell Nutisal roasted nuts brand
Cloetta, a leading northern European confectionery company, has announced a binding agreement to sell its Nutisal roasted nuts brand to Monchy Food, a Dutch producer and distributor of nuts, seeds and dried fruits, as part of its strategy to focus on its core confectionery portfolio. “The divestment is part of Cloetta’s previously communicated plan to […]
UK: Starbucks and Arla team up to launch protein coffee drink
Leading European dairy company Arla has teamed up with international coffee chain to launch Starbucks Protein Drink with Coffee, a new health-oriented drinking touting 20g of protein per 330g bottle. Available in the varieties Chocolate Mocha, Caffe Latte and Caramel Hazelnut, Starbucks Protein Drink with Coffee is claimed to be made with low-fat milk and […]
South Korea: Nissin Foods acquires Gaemi Food
Nissin Foods, the Japanese instant noodle manufacturer, has announced the acquisition of Korean snack company Gaemi Food for 48,000 million KRW ($35 million). Founded in 1995, Gaemi Food is defined as a manufacturer of crispy roll snacks under the Baked Crispy Roll name and confectionery under the brand Kemy, as well as snacks for infants […]
USA: Smithfield Foods to acquire dry sausage facility from Cargill
US meat producer Smithfield Foods has announced it has entered into an agreement to acquire a dry sausage facility in Nashville, TN from commodities giant Cargill. The new facility will manufacture goods for Smithfield Foods’ dry sausage brands such us Margherita, Carando and Armour to cater to increased demand, the company said. “This transaction is […]
Philippines: Yakult opens new production facility
Yakult, the Japanese probiotic dairy drink manufacturer has announced the opening of its second production facility in the Philippines. Built at a cost of 2 billion PHP ($34 million), and located in El Salvador, Mindanao, the new facility sits on a site of roughly 42,000 sq m, and will produce drinks under the Yakult brand […]
Italy: Valeo Foods acquires bakery manufacturer Dal Colle
Leading European sweets and snacks producer Valeo Foods has announced it has reached a deal to acquire the assets of Dal Colle, an Italian manufacturer of baked goods. With distribution in over 35 countries, Dal Colle is renowned for a 180-strong range of sweet bakery items including croissants and the traditional Italian cakes pandoro and […]
USA: Schwan’s outlines plans for Asian food production in South Dakota
Schwan’s, a leading US based food company and CJ Foods subsidiary, has announced it has purchased a 142-acre site in Sioux Falls, SD to accommodate its new facility for the production of Korean-style foods under the Bibigo brand. The new plant is set to manufacture a variety of Asian-inspired dishes, accompaniments, canapes, and starters. The […]
Germany: Haribo invests €300 million in new production plant in Neuss
Haribo, the world’s leading manufacturer of licorice and gummy sweets, has announced it is investing €300 million ($326 million ) in a new production plant in Neuss, in Germany’s North Rhine-Westphalia region. The company said it was planning to acquire 14 hectares of land for the new plant at the Neuss-Holzheim industrial park. This new […]