Investments & Funding
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PepsiCo’s snack division Frito-Lay to invest US$245m in expansion of US manufacturing site
US – PepsiCo’s snack division Frito-Lay, has announced plan to invest US$245 million to expand its snack manufacturing site in Connecticut, US. The Frito-Lay’s Killingly…
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Saputo, Great Lakes invest in new cheese manufacturing plants in the US
US – Canadian dairy company Saputo and Ohio-based cheese manufacturing company Great Lakes Cheese have announced plans to invest in expanding their respective cheese manufacturing…
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Kerry to establish new innovation center in Australia to reduce time to market for new products
AUSTRALIA -Irish-based taste and nutrition company, Kerry has announced that it will develop a purpose-built food technology and innovation centre in Queensland, Australia in an…
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Ugandan Yo Kuku chicken brand owner to bag US$7m from IFC to spearhead expansion plan
UGANDA – HMH Rainbow Ltd, a producer of fresh and frozen chicken in East Africa under the brand name Yo Kuku, is eyeing financial backing…
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ADM to invest US$350m in soybean crashing capacity to meet rising demand
US – Archer Daniels Midland (ADM) has announced that it will invest approximately US$350 million to build a new soybean crushing plant in North Dakota,…