Richmond, Virginia-based Altria Group Inc. has signed and closed a $12.8 billion investment in JUUL Labs Inc., the U.S. leader in e-vapor. The service agreements will accelerate JUUL’s mission to switch adult smokers to e-vapor products. Altria’s investment represents a 35 percent economic interest in JUUL, valuing the company at $38 billion. JUUL will remain […]
Category: Suppliers
Posted inMeat/Seafood/Poultry, Grocery Industry, Home Page Latest News, Midwest, Perishables, Private Label Brands, Suppliers
Chicago-Area Meat Company Patriarch Miniat Has Died
Mr. Ronald M. Miniat, chairman emeritus of The Miniat Family of Cos., died on Dec. 20, 2018, at the age of 89. After graduating from St. Joseph’s College and serving in the U.S. Army, Mr. Miniat joined the family business in the early 1950s, working alongside his brother, Eddie, and his father, Ed Sr., when […]
Posted inOnline Grocery Technology, Amazon Fresh, Home Page Latest News, Northeast, Suppliers, Whole Foods
Welch’s Saves $1M With New Software Support Vendor
Concord, Massachusetts-based Welch’s, the processing and marketing subsidiary of the National Grape Cooperative, is using Rimini Street of Las Vegas, Nevada, to support its Oracle E-Business Suite (EBS) application and Oracle database software. Rimini Street is a global provider of enterprise software products and services and a third-party support provider for Oracle and SAP software products. By […]
Posted inGrocery News, Home Page Latest News, Midwest, New Products, Suppliers
Nielsen-Massey Introducing New Single-Origin Vanilla Extracts
Nielsen-Massey Vanillas will debut two new single-origin pure vanilla extracts from Uganda and Indonesia at the upcoming 2019 Winter Fancy Food Show, taking place Jan. 13-15 in San Francisco. These new products for retail and foodservice customers join the company’s existing line of single-origin vanilla products sourced from Madagascar, Mexico and Tahiti. The two new introductions […]
Posted inBeverage News, Grocery News, Home Page Latest News, Organic Natural, Suppliers, West
Peet’s Coffee Acquires Majority Stake In Revive Kombucha
Peet’s Coffee has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California. Terms of the transaction were not disclosed. Revive offers an array of naturally fermented, organic, non-GMO, Fair Trade certified, ethically sourced and raw bottled and on-tap Kombucha. Peet’s says its financing will help to continue to scale the Revive brand, […]
Posted inGrocery News, Beverage News, Home Page Latest News, Midwest, Suppliers
March First Brewing Releases Cincinnati’s First Locally Produced Hard Seltzer
March First Brewing, Cincinnati’s only brewery, cidery and distillery, is releasing its hard seltzer Friday, Dec. 21. March First released two flavors in its taproom on Nov. 29 to gather feedback from customers on the flavor profile. The hard seltzer sold out the next day and was a huge success, says the brewery. “We knew […]
Posted inMeat/Seafood/Poultry, Grocery News, Home Page Latest News, Southeast, Suppliers
Prime-Pak Foods, Victory Processing Enter Joint Venture To Create Foundation Food Group
Prime-Pak Foods Inc. and Victory Processing Inc. have entered into a joint venture that will be marketed under the name Foundation Food Group, and which the companies say will emerge as one of the most versatile independent further processing companies in the country. Based in Gainesville, Georgia, Foundation Food Group will provide the food industry […]
Posted in, Grocery Industry, Home Page Latest News, National, Perishables, Suppliers, Wholesaler/Distributor News
2019 Food Safety Summit To Offer Education Sessions To Address Emerging Issues
The Food Safety Summit has planned a dynamic education program for its 21st annual conference and trade show taking place May 6-9, 2019, at the Donald E. Stephens Convention Center in Rosemont, Illinois. The conference program will feature sessions led by industry thought leaders; a keynote presentation by Michael Taylor, co-chair of the Stop Foodborne Illness […]