The Campbell’s Company has announced plans to close its potato chip plant in Massachusetts in an effort to increase efficiency. Production of Cape Cod and Kettle Brand chips will be shifted to other facilities within the company. The Hyannis manufacturing…
Campbells
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The Campbell’s Company Acquires Majority Stake in Rao’s Pasta Sauce Maker The Campbell’s Company has announced its acquisition of a 49% stake in La Regina, the manufacturer of Rao’s pasta sauce, with an option to purchase the remaining shares. The…
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Dive Brief: Campbell’s has placed an IT executive on leave after an employee lawsuit claimed the executive said the company’s food was highly processed and for “poor people,” along with other disparaging remarks against Indian workers at the company. Former…
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Key Points: The Campbell’s Company has appointed Todd Cunfer, the CFO of Freshpet, as its new finance chief, effective Oct. 20. Cunfer will succeed Campbell’s CFO Carrie Anderson, who is leaving the company to pursue new opportunities. Campbell’s CEO Mick…
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The Impact of Tariffs on Campbell’s Company During a recent earnings call, CEO Mick Beekhuizen highlighted the challenges faced by Campbell’s Company due to a lack of domestic supply of certain steel derivatives used for canning. This limitation hinders the…
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Key Takeaways: The Campbell’s Company is set to eliminate artificial colors from its food and beverage products by August of next year. This change will affect only a few brands as most of Campbell’s products already use natural dyes like…
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Key Points: The Campbell’s Company is collaborating with suppliers in Italy to minimize the impact of tariffs on its Rao’s brand of premium pasta sauce and other products, as stated by EVP and CFO Carrie Anderson during a June 2…
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Food News
Campbell’s says cash-strapped consumers pushing at-home cooking to highest levels since early 2020
Key Points: The Campbell’s Company reported that consumers are cooking meals at home at the highest level since early 2020 due to the impact of COVID-19. Consumers are focusing on ingredients that help them stretch their food budgets, benefiting Campbell’s…
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V8 Energy Drink Launches New Powdered Mixes for Convenient Caffeination Dive Brief: The Campbell’s Company introduces a powdered version of its popular V8 Energy Drink that can be easily mixed with water for on-the-go caffeination. Available in Peach Mango, Strawberry…
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Key Points: Aaron Gwinner has been appointed as SVP, chief digital and technology officer at Campbell’s Company. Gwinner brings extensive experience from Reynolds American and The Coca-Cola Company to his new role. Gwinner will report to Dan Poland, Campbell’s EVP…