Dive Brief: Anheuser-Busch announced a $300 million investment in boosting manufacturing jobs at its U.S. facilities in 2025 through technology advancements and worker training programs. This investment builds on the $2 billion spent over the past five years to enhance…
Food News
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Exciting News: Danone Acquires Majority Stake in Kate Farms Yogurt leader Danone announced on Monday that it has agreed to acquire a majority stake in Kate Farms, a renowned producer of plant-based nutrition shakes. This strategic acquisition will enhance Danone’s…
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In the recent “Obey Your Thirst” ads by Coca-Cola’s Sprite brand, NBA player Anthony Edwards and Olympic sprinter Sha’Carri Richardson were seen enjoying the popular soft drink. This successful marketing campaign has pushed Sprite ahead of Pepsi to become the…
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PepsiCo Accelerates Digital Transformation with AWS Partnership PepsiCo has announced a multiyear agreement with Amazon Web Services (AWS) to drive its enterprise-wide digital transformation. Key initiatives include IT modernization, cloud migration, and the integration of generative AI technologies. The company…
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Dive Brief: The Chief Financial Officer (CFO) of Kellanova, previously known as Kellogg Company, has resigned to join consumer health firm Kenvue as their top financial executive effective May 12, according to filings from both companies. Amit Banati, aged 56,…
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Key Points: Beyond Meat secures $100 million in funding from a plant-based nonprofit to address financial challenges. Unprocessed Foods provides debt financing in exchange for the option to purchase up to 12.5% of Beyond’s shares. Beyond Meat reports declining sales,…
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Ferrero, the maker of the iconic Nutella spread, is introducing a new version that includes peanuts for the first time in its 61-year history. The new Nutella Peanut spread combines the smoothness of the classic cocoa hazelnut spread with the…
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Food News
Leftovers: Ragù, Cheez-It debut frozen pizzas | Kraft Heinz takes on Uncrustables with PB&J Lunchables
Innovative Frozen Food Offerings Hit the Shelves Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream of. We…
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Summary: Archer-Daniels-Midland Co. CEO Juan Luciano stated that the ingredients business is “on the path to recovery” after facing challenges from a broad accounting scandal in the nutrition unit.broad accounting scandal. Luciano mentioned in an earnings call that demand for…
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The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…