Senator Maggie Hassan has reached out to major retailers such as Albertsons, Kroger, Walmart, Costco, and Dollar General to gather information on how the recent increased tariffs on imported steel and aluminum by the Trump administration could impact stores, suppliers,…
food
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Key Takeaways: The implementation of a 50% tariff on imported steel by the Trump administration has the potential to raise canned food prices by 9% to 15%, as per the Consumer Brands Association. The trade organization has warned that as…
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Key Points: Food tech startup funding slowed significantly in Q1 as investors shift focus to AI. $1.4 billion invested in food tech sector across 202 deals in Q1, a 50% drop in capital. Investor interest in food tech declining, with…
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Food News
Uncle Crumbles rises: How automation and rebranding are reshaping a legacy food manufacturer
Upon assuming the role of CEO at Bakery on Main, James Shutts recognized the company’s potential for growth and efficiency improvements. The Connecticut-based granola company, rebranded as Uncle Crumbles, underwent a transformation under Shutts’ leadership. By focusing on core products,…
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President Donald Trump has decided to increase steel and aluminum tariffs to 50%, a move that has packaging manufacturers concerned about the impact on the food industry. Despite a recent court ruling blocking many tariffs, Trump’s decision aims to protect…
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Food and grocery industry organizations are urgently emphasizing the importance of SNAP as Congress deliberates significant spending cuts and some states move to restrict purchases. Last week, the House Agriculture Committee approved legislation that could slash up to $300 billion…
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Key Takeaways: The FDA announced plans to reevaluate the safety of food chemicals currently in use, starting with ingredients found in common products like bread, breakfast cereals, and pepperoni. Chemicals such as ADA, BHT, and BHA, commonly used in food…
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Chobani has announced its acquisition of plant-based food maker Daily Harvest, expanding its range of ready-to-make meals. The terms of the deal have not been disclosed. Daily Harvest, founded ten years ago, was one of the pioneers in delivering clean,…
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Food manufacturers are in a race to revamp their products in response to increasing pressure to move away from artificial dyes and ingredients. Suppliers of ingredients have seen a surge in sales after Health and Human Services Secretary, Robert F.…
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Key Points: The FDA has approved three new color additives made from natural sources, providing more options for the food industry to move away from artificial dyes. The approved colors include two blue colors made from algae-based galdieria extract and…