De Wafelbakkers, a pancake manufacturer, will invest $15 million to expand its production facility in Henry County, Georgia, reports Area Development News. The project is expected to create 83 jobs. According to state officials, this investment and job creation represents the first part of a planned two-phase expansion. De Wafelbakkers opened its Henry County facility in […]
Category: Suppliers
Campbell Appoints Slavtcheff Head Of Research & Development
Campbell Soup Co. has appointed Craig Slavtcheff, 51, as VP and head of research and development (R&D). Slavtcheff will lead Campbell’s entire R&D organization, including strategy, innovation and product development for the company’s divisions, as well as its science and technology, regulatory, nutrition and culinary teams. He will report to Campbell’s Chief Operating Officer Luca […]
PepsiCo Launches Nutrition Greenhouse Program For Startups
PepsiCo has launched the “Nutrition Greenhouse” accelerator program designed to discover and support emerging brands in the food and beverage sector. The North American program follows the launch of PepsiCo’s Nutrition Greenhouse in Europe, now in its second year. In 2017, eight startups in the European program delivered an estimated combined sales growth of more than $10 […]
Stir Foods And Pacifica Foods Acquires Sabra’s Salsa Business
Stir Foods and Pacifica Foods (Stir-Pacifica), a custom manufacturer of soups, sauces, dressings and fresh salsas for both retail and foodservice customers, has acquired Sabra Dipping Co.’s salsa business, based in Oceanside, California. The acquisition includes the Santa Barbara and Chachies brands, which will continue to be produced at the Oceanside facility, and the Sabra […]
Tyson Foods Completes Sale Of TNT Crust To Peak Rock Capital Affiliate
An affiliate of Austin, Texas-based Peak Rock Capital, a middle-market private equity firm, has completed the previously announced acquisition of TNT Crust, a manufacturer and distributor of pizza crusts, from Tyson Foods Inc. Founded in 1981, TNT’s products include partially baked, self-rising, flat breads and other pizza crusts for the foodservice and retail channels. TNT […]
Three Bridges Rolls Out Heat-And-Eat Pasta Meals
Three Bridges, a producer of pastas and sauces, is debuting four new heat-and-eat pasta meals that are ready in the microwave in five minutes. Designed specifically for lunch, Simple Dishes eliminates meal prep time. “Half of Americans have less than 30 minutes for lunch, and they don’t want to spend precious minutes of that time […]
J.M. Smucker Co. Closes $375M Deal With Hometown Food Co.
The J.M. Smucker Co. has completed the sale of its shelf-stable baking business, including the exclusive U.S. rights to the Pillsbury brand, along with the Hungry Jack, White Lily, Jim Dandy, Martha White and Funfetti brands, to Hometown Food Co., a wholly-owned portfolio company of Brynwood Partners VII L.P. and Brynwood Partners VIII L.P. The $375 million […]
Campbell To Sell Its Fresh And International Business Units
Campbell Soup Co. on Aug. 30 announced plans to sell its non-core businesses—including its fresh and international units—as part of its “board-led strategy and portfolio review to improve performance and drive shareholder value.” Campbell International consists of Arnott’s and the Kelsen Group, along with the company’s manufacturing operations in Indonesia and Malaysia and its businesses in […]
