Investments & Funding
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Strauss Group unveils StraussOne plan aimed at focusing more investment in four markets
ISRAEL – Strauss Group, the Israel-based food-and-beverage business, has unveiled a new business plan that will enable it to reach more profits by focusing on…
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ADM opens North American microbiology laboratory, outlines key trends for dairy
US – Archer-Daniels-Midland Company (ADM) has opened its US$3 million new North American microbiology laboratory at its specialty manufacturing facility in Decatur, Illinois. Covering more…
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Grupo Bimbo, Kings Hawaiian plan new US plants to meet growing consumer demand
USA – Mexican multinational bakery and snacks company, Grupo Bimbo and its peer Kings Hawaain, are planning new factories in the United States to meet…
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Absolut Vodka, Ardagh Group co-invest in glass packaging production using hydrogen energy-fired glass furnace
SWEDEN – Through a strategic partnership with Packaging giant Ardagh Group, Pernod Ricard-owned Absolut Vodka is to become the first global spirits brand to move…
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P&P Optica receives financial backing from Canadian government to expand outreach
CANADA – P&P Optica (PPO), a startup behind automated inspection and insights for the food industry, has received up to a CAD$2.4 million (US$1.78m) investment…