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…
invests
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Exciting News: Former NBA star Shaquille O’Neal has made an investment in BeatBox Beverages, a popular brand of ready-to-drink cocktails known for their high alcohol content. The financial details of the deal remain undisclosed. Additionally, the brand has introduced a…
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Anheuser-Busch Invests $4.2 Million in Williamsburg Brewery Anheuser-Busch has announced plans to invest $4.2 million in upgrades to its brewery in Williamsburg, Virginia. The goal is to strengthen its U.S. manufacturing footprint, with new equipment aimed at boosting efficiency in…
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Exciting News: Constellation Brands’ venture capital arm has recently acquired a minority stake in Hiyo, a nonalcoholic “social tonic” that includes a mix of functional ingredients such as adaptogens, nootropics, and botanicals. John Utter, Constellation’s senior vice president of new…
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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…
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Dive Brief: Mondelēz International’s SnackFutures Ventures, a venture capital arm of the company, was one of the investors in a $4.5 million financing round for Celleste Bio, a producer of cell-cultured cocoa ingredients. The investment was led by Supply Change…
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Ferrero Invests in U.S. Hazelnut Farming Ferrero Hazelnut Company, a division of Ferrero Group, has recently made a significant investment of $340,000 to enhance hazelnut production in the United States. This investment is aimed at strengthening the hazelnut industry in…
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Dive Brief: Nestlé is investing $150 million to expand its plant in Gaffney, South Carolina, focusing on single-serve frozen meals production and enhancing automation and digital technology. The U.S. frozen food market is growing rapidly, with Nestlé aiming to capitalize…
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Dive Brief: Hershey has announced a new agreement as part of its ongoing efforts to support cocoa growers, improve children’s well-being, and protect the environment in cocoa-producing regions. The company’s “Cocoa For Good” program focuses on addressing poverty, malnutrition, at-risk…
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French Bloom, a luxury nonalcoholic sparkling wine maker, recently received a significant minority investment from Moët Hennessy. The financial details of the deal were not disclosed. Launched in 2021, French Bloom is now available in more than 30 countries. Crafted…