The plant in Florenceville-Bristol, New Brunswick is one of 11 McCain factories in North America – including six in Canada Potato chip company McCain Foods has completed a CAD 65 million ($51.46 billion) expansion of its flagship potato processing facility in New Brunswick, Canada. This represents the largest investment in[Read More…]
Company News
$31.4m infant formula facility in Russia to be built by Nestle
Nestlé plans to strengthen its presence and growth in the region with this new facility Food and beverage company Nestlé has plans to build a new infant formula factory at its site in Vologda, Russia, with an investment of RUR1.8bn ($31.4m). Nestlé plans to strengthen its presence and growth in[Read More…]
Agrana opens new facility at starch mill in Austria
Agrana has invested €80m in its new facility to increase its annual processing capacity to 540,000t Sugar, starch and fruit manufacturer Agrana has opened an additional facility at its cornstarch mill in Aschach der Donau, Austria. Agrana has invested €80m in its new facility to increase its annual processing capacity[Read More…]
Ontario partners to support Ferrero Canada’s expansion project
Ontario will be investing around C$11m ($8.8m) in Ferrero Canada’s C$90m ($72.1m) project through its Jobs and Prosperity Fund – Food and Beverage Growth Fund. The Government of Ontario in Canada has recently agreed to support chocolate and confectionery products manufacturer Ferrero Canada’s plans to expand its facilities and diversify[Read More…]
Mead Johnson Nutrition puts focus on China
The company aims to invest more in the R&D sector and strengthening the supply chain management. Mead Johnson Nutrition, a global company focused primarily on infant and child nutrition, is planning to take a more proactive marketing strategy in China in the coming years. The company aims to invest more[Read More…]
Sunridge Foods introduces new flour brand
Despite huge production and being the most important basic grocery item in Pakistan, the wheat category has largely remained unorganised. Sunridge Foods has recently introduced a whole wheat flour brand called Sunridge Chakki Atta to meet consumer demand for natural, healthy and hygienic whole wheat flour. Wheat is the main[Read More…]
Kerry achieves SDAS certification of milk suppliers in Ireland
Launched in 2013, SDAS is a national quality and sustainability programme that independently audits performance at farm level every 18 months Irish food and beverage firm Kerry Group (Kerry) has achieved 100% certification of its 3,300 milk suppliers in the country under the Sustainable Dairy Assurance Scheme (SDAS). Launched in[Read More…]
Hortifrut acquires Talsa’s blueberry business in Peru for $160m
As per the terms of the agreement, Hortifrut will acquire 1,450ha of land, facilities, and equipment in two packing units Chilean fruit company Hortifrut has entered a merger agreement with a Peru-based agriculture company Talsa to acquire its blueberry business for $160m. Talsa is one of the major producers and[Read More…]
United Food Holdings grabs 80% stake each in 3 animal-feed related firms
The acquisitions will allow United Food to expand and strengthen its foothold in China, and gain its target companies’ expertise and products. Singapore – SOYBEAN products and animal feed supplier United Food Holdings acquired an 80% stake each in three China companies that develop and sell animal feed and animal feed-related[Read More…]
Japanese rice to enter Singapore market
The grains are aged for six months to enhance texture and flavour, before being milled. A brand of Japanese rice, which touts itself as the world’s most expensive rice, will be soon be available in Singapore. It is the first time the Japanese rice blend, called Kinmemai Premium, is being[Read More…]
