News & Analysis on Food & Beverage Development & Technology
PepsiCo continues its buying spree with the acquisition of hummus brands Sabra and Obela from Israeli food manufacturer Strauss Group, further bolstering its better-for-you portfolio as its traditional snack business continues to face headwinds.
Tyson Foods’ focus on fundamentals and “operational improvements,” including previously shuttering six US plants and laying off employees to improve margins, is paying off as the meat-packer reports its most profitable quarter in nearly two years.
Tyson Foods celebrated the much-anticipated grand opening of a new 325,000-square-foot fully-cooked food production facility in Danville, Va., last week – marking a significant milestone in its “bold,” multi-point plan to improve its performance, which...