All news articles for April 2018

Fear of competition – not consumer protection – behind Cattlemen's petition, claim plant-based, clean meat brands

Labeling framework for plant-based and clean meat should reflect modern technology and consumer trends, says GFI

Fear of competition – not consumer protection – is behind Cattlemen's petition, claim plant-based, clean meat brands

By Elaine Watson

A desire to protect its members, not consumers, is the primary motivation behind the US Cattlemen’s Association (USCA) petition to restrict use of the terms ‘beef’ and ‘meat’ to products from animals “born, raised, and harvested in the traditional manner”...

Veggie Fries maker closes $4.5m financing round

News in brief

Veggie Fries maker closes $4.5m financing round

By Elaine Watson

Boston-based Farmwise – which makes Veggie Fries – has closed a $4.5m financing round led by Cleveland Avenue, the venture capital firm founded by former McDonald’s president Don Thompson, with participation from meat products maker Home Market Foods.

Soylent meal replacement RTD rolls out to 450 Walmart stores

Soylent meal replacement RTD rolls out to 450 Walmart stores

By Elaine Watson

Soylent – a meal replacement brand that gained a cult following among Silicon Valley programmers after its 2014 launch, but has since broadened its portfolio and its appeal – is rolling out to 450 Walmart stores across the US, taking its retail footprint...

Left-to-right: Steven J. King- Managing Director Quonset Development Corporation, Governor Gina Raimondo, Steve Olyha- CEO of Finlay USA, Stefan Pryor- Rhode Island Secretary of Commerce & Quonset Development Corporation of Directors,  Richard A. Welch- President North Kingstown Town Council.

Finlays opens $17m tea R&D center in Rhode Island

By Elaine Watson

UK-based tea specialist Finlays has opened a 28,000sq ft $17m R&D center in the Quonset Business Park in North Kingstown, Rhode Island dedicated to “researching and exploring new innovations, products and techniques for tea and natural beverages."

The US meat industry is expressing concern over escalating trade battles

US China trade battle

US beef sector unsettled by threat of Chinese duties

By Ed Zwirn, in New York

US beef industry representatives are voicing consternation over the Chinese Government’s announcement that the country is preparing retaliatory sanctions against beef exports as part of its escalating trade war with the USA.

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