business

The US Department of Agriculture (USDA) and the US Food and Drug Administration (FDA) are working together to strengthen oversight of food manufacturers, especially meat and poultry processors, in order to reduce the incidence of foodborne illnesses. In 2024, the…

Summary: Ingredion is investing over $100 million to enhance the efficiency and production capabilities of its Indianapolis facility. The investment will enable the company to increase the production of texture-based ingredients and introduce new offerings to its product portfolio. Ingredion…

Breaking News: The world’s largest meat company, JBS, is making a bold move into the egg industry with a strategic merger in South America. JBS announced on Monday its acquisition of a 50% stake in Mantiqueira Brasil, a major egg…

Dive Brief: Alico Inc, a major orange grower in the U.S., has announced its decision to exit the citrus industry due to the impact of hurricanes and plant diseases on its Florida production. The company, a supplier to Tropicana, will…

Key Points: Louis Dreyfus is set to acquire BASF’s Food and Health Performance Ingredients Business, expanding its presence in the plant-based space. The acquisition includes a production facility in Germany and three labs, with 300 BASF employees transitioning to Louis…

Post Holdings Faces Egg Supply Challenges Amid Bird Flu Outbreak Post Holdings, a major player in the consumer foods industry, recently revealed that an outbreak of bird flu at one of its subsidiaries, Michael Foods, has significantly impacted its egg…

Dive Brief: TreeHouse Foods Acquires Harris Tea for $205 Million Acquisition includes Harris Tea’s manufacturing facilities in New Jersey and Georgia, with 300 employees joining TreeHouse. TreeHouse’s strategic acquisitions and divestitures aim to improve margins and drive growth in the…

Key Highlights: Tyson Foods reported a strong finish to its fiscal year, with improvements in the chicken business offsetting ongoing beef challenges. Sales increased by 2% to $13.6 billion in the fourth quarter, driven by high demand for beef and…

General Mills has announced the expansion of its pet food business with the acquisition of Whitebridge Pet Brands’ North American premium cat feed and pet treats business, valued at $1.45 billion. The purchase will enhance the company’s position in the…

Editor’s note: This article is based on insights shared during an engaging live virtual event hosted by CIO Dive and CFO Dive on October 30. You can watch the recorded sessions here. Enterprises have been intrigued by the potential of…