USA: Hershey inaugurates chocolate processing plant
Hershey, the US confectionery and snacks firm, has inaugurated a new chocolate processing facility, which stands as both its first fully integrated digital plant and the first manufacturing site added to its headquarters in more than 30 years. Situated on a 55-acre site next to the Hershey Technical Centre and the current Reese’s manufacturing plant, […]
Canada: Ferrero invests $445 million in facility expansion
Italian-based confectionery firm Ferrero has announced an investment of C$445 million ($320 million) to upgrade a production facility in Brantford, in the Canadian state of Ontario. According to sources, the expansion will aid in manufacturing new products, such as the recently-launched Ferrero Rocher chocolate squares. Nutella biscuits will also have a production line at the facility, […]
USA: Post Holdings to close two facilities
US breakfast cereal maker Post Holdings has announced the closure of two if its Post Consumer Brands cereal manufacturing facilities in Cobourg, Canada and Sparks, in the US state of Nevada. The closures are required to reduce capacity in its cereal production network, the company said, noting approximately 300 employees will be affected. “The ready-to-eat cereal category continues […]
USA: Cal-Maine Foods to acquire Echo Lake Foods
Egg producer and distributor Cal-Maine Foods has signed an agreement to acquire breakfast food manufacturer Echo Lake Foods for approximately $258 million. Echo Lake Foods produces, packages, markets and distributes ready-to-eat egg products and breakfast foods, including waffles, pancakes, scrambled eggs, frozen cooked omelettes, egg patties, toast and diced eggs. The acquisition will allow Cal-Maine […]
USA: Diageo announces joint venture with Main Street Advisors
Alcoholic drinks giant Diageo has announced that the company has entered a strategic joint venture with investment and advisory firm Main Street Advisors involving the brands Ciroc Ultra-Premium Vodka and Lobos 1707 Tequila. In a press release, Diageo said it had exchanged majority ownership of Ciroc Ultra-Premium Vodka brand rights in North America for a […]
USA: Hershey to acquire snack producer LesserEvil
The Hershey Company, the US confectionery and snacks firm, has announced that has entered into an agreement to acquire LesserEvil, a maker of organic snacks. “Investing in LesserEvil brings a multi-category, better-for-you snacks platform to extend our offerings into new categories and forms, reaching new consumers in more eating occasions,” said Hershey president and CEO […]
USA: Anheuser-Busch to close facility in at New Hampshire craft brewery
Anheuser-Busch, US subsidiary of world-leading brewer AB InBev, has announced the closure of production at its craft brewery in the US state of New Hampshire. The 104,000 sq ft facility, operated by Craft Brew Alliance, produces beer for the Kona and Omission brands. “We understand the impact of this announcement on our people in Portsmouth, […]
USA: Castillo Hermanos to acquire Harvest Hill Beverage Company
Castillo Hermanos, a diversified multinational business group, has announced that it has entered into a definitive agreement with private equity firm Brynwood Partners to acquire Harvest Hill Beverage Company, a leading USA-based beverage company. Harvest Hill was founded by Brynwood VII in July 2014 with the acquisition of Juicy Juice from Nestle USA. Its brand […]
USA: Marquez Brothers acquires YoGusto brand
Marquez Brothers, a leading Hispanic food producer, has announced that it reached an agreement to acquire Hato Potero Farms, the owner of YoGusto brand of dairy products Hato Potrero Farm Inc. is a family-run dairy manufacturer whose flagship YoGusto bramd offers drinkable yoghurts and other dairy products such as lactose-free milk, chocolate milk, sour cream and […]
USA: Chobani to invest $500 million in Twin Falls plant expansion
Chobani, the Greek yoghurt specialist, has announced plans to invest $500 million to expand its plant in the city of Twin Falls (ID). The investment will reportedly bring over 500,000 sq ft of new space, with the expanded plant covering 1.6 million sq ft and housing 24 production lines, increasing productivity by 50%. The investment is […]