US-based food and beverage company The J.M. Smucker Co has announced plans to build a new R&D facility in its Orrville campus in Ohio, USA. According to sources, the new 29,000 sq. ft lab will support the firm’s Smucker’s Uncrustables brand and the company plans to develop new products in the facility, test innovative products and to seek new opportunities to optimise productivity. Tina Floyd, senior vice president and general …
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The J.M. Smucker
US-based food and beverage company JM Smucker has announced it has sold its breakfast cereal line Red River Cereal to Ontario-based firm Arva Flour Mills for an undisclosed sum. According to sources, JM Smucker had revealed in 2020 that the company was going to sell businesses that were not aligned with their “long-term strategy focus”. Mark Rinker, owner of Arva Flour Mills, said: “Since acquiring Arva Flour Mills last Fall, …
The J.M. Smucker has announced the investment of $1.1 billion in a new facility and distribution centre in Alabama to meet the consumer demand. The new manufacturing facility is the third dedicated to the production of Smucker’s Uncrustables brand and will support The J.M. Smucker’s strategy to more than double its current production capacity. The new facility and distribution centre will be built in three phases during the next three years …
US food and beverages manufacturer JM Smucker has entered into an agreement to sell its pet food business Natural Balance to Nexus Capital Management for $50 million. The transaction is said to be part of the company’s plan to focus on its core pet care portfolio, which includes brands such as Rachael Ray Nutrish, Milk-Bone, and Meow Mix, which have significant long-term growth potential, according to the company. Mark Smucker, president, …
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