“I think there’s a storm coming for craft beer,” says Kevin O’Connor, president and founder of O’Connor Brewing, a microbrewery located in Norfolk, Va.
Food processing equipment supplier JBT Corporation announced this week it has signed a definitive agreement to purchase the assets of Cooling and Applied Technologies (C.A.T.), Inc. for $90 million.
In a move that’s a bit like saying, ‘No, we broke up with you,’ Mondelēz International, Inc. has announced it has ended discussions with The Hershey Company regarding a possible combination of the two companies.