Brands sold include Cracker Barrel, Breakstone's, Knudsen, Athenos, Polly-O, Hoffman's and Cheez Whiz.
November 29, 2021
Kraft Heinz has completed the sale of certain assets in its global cheese business and the license of certain trademarks to an affiliate of Groupe Lactalis for total consideration of approximately $3.3 billion, including cash consideration of approximately $3.2 billion.
Préval AG, an international agri-food company headquartered in Quebec, has acquired the assets of J&G Foods, located in Sutton, Massachusetts. J&G is a custom and specialty case-ready fresh meat provider specializing in portioned organic and grass-fed beef, organic and natural chicken, natural pork and beef, and a variety of marinated and value-added meats.
The J.M. Smucker Co. is investing $1.1 billion to build a new manufacturing facility and distribution center in McCalla, Alabama, dedicated to production of Smucker’s Uncrustables sandwiches. Construction of the facility is expected to begin in January 2022, with production planned for 2025.
Jona Smith, vice president of IT applications services, received a 2021 STEP Ahead Honoree award from The Manufacturing Institute for Excellence in Manufacturing.
Tyson Foods is building a $355 million bacon plant in Bowling Green, Kentucky, primarily for the production of Wright Brand and Jimmy Dean retail and foodservice products. The 400,000-square-foot facility is expected to create 450 jobs with production beginning in late 2023.
Ferrero North America, part of the global confectionery company the Ferrero Group, broke ground on a new 70,000-square-foot chocolate processing facility in Bloomington, Illinois. It will be the Ferrero Group's third facility that processes chocolate, and its first outside of Europe. The new plant is set to open in spring 2023.
Armada Nutrition, a full-service product developer and manufacturer specializing in powder and capsule applications, announces plans to broaden its operation capacity with a new 438,000-square-foot nutraceutical manufacturing facility in Salt Lake City, Utah. Combined with the company's existing plant in Spring Hill, Tennessee, Armada will have over 750,000 square feet of manufacturing space, making Armada one of the industry's largest contract manufacturers in the US in terms of capacity and output.