Operational in 2023, the facility will bring 150 new jobs to the community
March 7, 2022
Hostess Brands Inc., a sweet snacks company, will convert an idled factory in Arkadelphia, Arkansas, into a state-of-the-art bakery. The bakery is expected to be operational in the second half of 2023 and bring approximately 150 new jobs to the community over the next three years.
In a partnership with WestRock and Grupo Gondi, Grupo Modelo is investing roughly $4 million in the sustainable, fiber-based CanCollar Eco solution in Quintana Roo, a Mexican state on the Yucatan Peninsula.
The Interagency Food Safety Analytics Collaboration (IFSAC)—a collaboration between the CDC, FDA and FSIS—has published its priorities for this year and next.
While food and beverage processors have been scrambling to protect their process control equipment, intellectual property (IP) and IT/OT systems from cybersecurity/ransomware attacks, their efforts may be outpacing the Federal Government, which should be setting an example by having secured its own agencies from cyberattacks.
Dot Foods, Inc., said to be North America’s largest food industry redistributor, has acquired Morsum, a food industry data and AI platform technology company.
According to a report by research firm MarketsandMarkets, the global Corrugated Box Market size was estimated at US $67.6 billion in 2021 and is projected to reach $80.8 billion by 2026, at a CAGR of 3.6%.
Fermented Food Holdings (FFH), established in late 2021, has acquired fermented-food brands Wildbrine and Bubbies. The fermented-foods category is expanding rapidly, expected to reach 10% CAGR by 2025.
GOOD PLANeT Foods, creator of premium plant-based, allergen-free cheeses, unveiled two new products to their line-up: Real Smoked Cheddar and Real Smoked Gouda Plant-Based Cheese Wheels.
Cablevey Conveyors celebrated its 50th anniversary on the day of the acquisition
March 2, 2022
May River Capital, a Chicago-based private equity firm focused on lower middle market industrial growth companies, has acquired Cablevey Conveyors, a global manufacturer of tubular-drag conveyor systems based in Oskaloosa, Iowa.