Smithfield Foods Announces $1.3 Billion Investment in State-of-the-Art Processing Facility Dive Brief: Smithfield Foods revealed plans on Monday to invest up to $1.3 billion in a new combined packaged meats and pork processing plant in Sioux Falls, South Dakota over…
Tag:
build
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The incoming CEO of Coca-Cola is focusing on local brands to find the next $1 billion success story. Henrique Braun, the current chief operating officer set to take over the top position next month, shared his growth plans during Coca-Cola’s…
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A New $475 Million Manufacturing Plant to Boost Growth and Sustainability Goals Swire Coca-Cola, a leading producer and distributor of Coca-Cola products, has announced plans to open a state-of-the-art manufacturing plant in Colorado Springs, Colorado. The $475 million facility, spanning…
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Molson Coors Explores New Acquisitions Beyond Beer Molson Coors is considering new acquisitions to diversify its portfolio beyond beer and combat declining alcohol sales. Newly appointed CEO Rahul Goyal revealed in an earnings call that the company is looking to…
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JBS to Invest $100 Million in Iowa Facility for Bacon and Sausage Production JBS, a Brazil-based meat processor, has announced plans to spend $100 million to acquire and transform a facility in Ankeny, Iowa into its largest bacon and sausage…
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Chicken Processor Pilgrim’s to Invest $400 Million in New Plant in Georgia Pilgrim’s, a leading chicken processor, has announced plans to build a state-of-the-art plant in northwest Georgia with an investment of $400 million. This move comes as consumer demand…
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Exciting News: Grillo’s Pickles is expanding with a new $54 million food manufacturing plant near Columbus, Indiana, to keep up with the high demand for their fresh pickle products. Irresistible Foods Group, the parent company of Grillo’s and King’s Hawaiian…
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JBS USA to Invest $135 Million in New Sausage Plant in Perry, Iowa JBS USA has announced plans to invest $135 million in building a new sausage plant in Perry, Iowa. The plant is expected to start operations in late…
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Dive Brief: Diageo North America is investing approximately $415 million to construct a 360,000-square-foot manufacturing and warehousing facility in Alabama for its popular alcohol brands, anticipating the creation of around 100 jobs upon full operation. The new facility will produce…