USA: Philip Morris International announces $232 million investment in Kentucky
Philip Morris International (PMI), the leading tobacco firm, has announced plans to invest $232 million to expand production capacity for Zyn nicotine pouches at its Owensboro facility in Kentucky, creating 450 direct and 410 indirect jobs. This investment will be made by PMI’s Swedish Match affiliates, following a $600 million investment in July to set […]
Tradeshow Look Ahead: Jeff Lenard, NACS Show 2024
Gama spoke to Jeff Lenard, NACS Vice President of Strategic Industry Initiatives, ahead of the latest edition of the NACS Show. What are your expectations for this edition of the NACS Show? What features are there for visitors to look forward to? The NACS Show is where retailers go to find the future of […]
USA: Saco Foods acquires Ancient Harvest and Pamela’s
Saco Foods, a US manufacturer of shelf-stable products and a portfolio company of Fengate Private Equity and Weathervane Investment Corp, has announced the acquisition of Quinoa Corporation and its brands Ancient Harvest and Pamela’s from Encore Consumer Capital. Founded in 1983, Ancient Harvest is known for bringing quinoa to the US market and also makes […]
Canada: Coca-Cola Canada Bottling opens new plant
Coca-Cola Canada Bottling, the Canadian bottler of carbonated soft drinks, bottled water, energy drinks, ice teas and related products, has announced the opening of a new facility in Richmond, British Columbia. According to a report in Canadian Grocer, the $18 million facility contains a sales department, warehouse and distribution centre. Spread over 230 sq ft, […]
USA: Mars enters agreement to acquire Kellanova
Mars, the leading food multinational, has signed an agreement to acquire Kellanova, the breakfast foods and snacks major, in a deal valued at $35.9 billion. Kellanova’s portfolio includes snack brands such as Pringles, Cheez-It, Pop-Tarts, Rice Krispies Treats, NutriGrain, and RXBAR, and other food brands including Kellogg’s, Eggo, and MorningStar Farms. The company had 2023 […]
USA: Coca-Cola and Mondelez partner on drink, biscuit launches
US soft drinks multinational Coca-Cola has announced that the company is teaming up with Mondelez to launch a limited-edition drink and biscuit in partnership with the Oreo brand. In a press release, Coca-Cola said the new Coca-Cola Oreo Zero Sugar and Oreo Coca-Cola sandwich biscuits feature the brands’ signature flavours and are presented in a […]
USA: Conagra acquires Sweetwood Smoke & Co
Conagra Brands, the leading US food manufacturer, has announced the acquisition of Sweetwood Smoke & Co, the manufacturer of the Fatty brand of smoked meat sticks. Founded in 2010, Sweetwood Smoke & Co makes ready-to-eat meat sticks from pork and beef, smoked with hickory wood. Commenting on the acquisition, Conagra Brands president and chief executive […]
USA: Lassonde to expand North Carolina facility
Lassonde, a producer of fruit and vegetable drinks, has announced it has completed a $53 million expansion at its facility in Hendersonville (NC). The site expansion includes a new single-serve aseptic production line offering 10oz and 16oz beverages in 6, 12, and 24-pack formats and a 104,000 sq ft distribution centre. Commenting on the expansion, […]
USA: WK Kellogg to close plant, modernise supply chain
WK Kellogg, the US breakfast cereal manufacturer that was spun off from Kellogg’s (now Kellanova) last year, has announced plans to modernize its supply chain with a $450 to $500 million investment and the closure of a manufacturing plant in Omaha (NE) in 2026. The company intends to invest in new infrastructure, equipment, technology, and […]
USA: Grupo Bimbo to close three plants
Multinational bakery firm Grupo Bimbo has announced plans to close manufacturing plants in Auburn and Olean (NY), and a third in San Antonio (TX), as part of ongoing restructuring efforts. The closure of the two plants in New York will reduce the company’s presence in the state to just two facilities, both in Albany. The […]