Mars Chocolate North America follows Nestlé and Hershey with price hike
Mars Chocolate North America has become the latest to introduce wholesale price increases after similar moves from Nestlé and Hershey.
Archives for July 22, 2014
Financials brief
Q2 ‘wrap’: Grupo Bimbo sharp profit rise, PepsiCo profits dip
Grupo Bimbo’s Q2 net profit surged 72.6% on the previous year as sales rose slightly, whereas PepsiCo’s net profit dipped 2% despite steady sales.
From semiconductors to snacks: Egg white chips entrepreneur rides crest of protein wave
A mechanical engineer with a keen interest in semi-conductors, ips All Natural co-founder Sean Olson is not your typical food entrepreneur. But don’t let his résumé fool you. With an unusual product that taps into the protein trend, Olson reckons his egg...
Verde Media forges ahead on production of low-cost microbial omega-3s
Verde Media Group is moving forward with construction of a pilot plant in Asia that will validate its production technology that the company said will yield lower cost omega-3s from heterotrophic algae.
Agropur to double US presence with Davisco Foods acquisition
Canadian dairy Agropur has agreed to acquire the processing assets of Minnesota cheese and whey ingredients manufacturer Davisco Foods International - a deal that will double its US operational presence.
Culinary trendwatching
Jams, jellies go beyond smearing on toast
Whether it’s bringing bold heat, blending unusual flavors, adding a punch of superfruit or cleaning up the label, Millennials are driving food trends on the supermarket shelf and shaking up the longtime pantry staple of jams and jellies in the process,...