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The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry





Jungbunzlauer invests CAD 200m to build Canada's first xanthan gum facility
Jungbunzlauer has invested CAD 200 million (approx. 148 million) to build Canada’s first xanthan gum facility in Port Colborne, Ontario.
Sep 25, 2024


Cargill launches $3m NutriHarvest initiative to enhance food security
Cargill has announced a $3 million multi-year initiative called the NutriHarvest project, which will be administered by HarvestPlus.
Sep 24, 2024


Fonterra announces NZD 150m investment into facilities in Taranaki, New Zealand
Fonterra is investing a further NZD 150m into its operations, building a new cool store at its Whareroa site in Taranaki, New Zealand.
Sep 23, 2024


The Coca-Cola System to invest a further $1bn in Nigeria
The Coca-Cola System in Nigeria has announced plans to expand its investments in Nigeria over the next five years, with a further $1bn.
Sep 23, 2024


Veetee Foods to invest $36m in new North Carolina facility, creating 200 jobs
Veetee Foods, a global producer of ready-to-eat rice meals, plans to open a new production facility in Selma, North Carolina, US.
Sep 23, 2024


Bimbo Canada to close bakery in Québec City, affecting 141 workers
Bimbo Canada has announced the closure of its Québec City bakery by the end of the year.
Sep 20, 2024


Standing Ovation raises €3.75m, names new CEO
French precision-fermented protein start-up Standing Ovation has raised €3.75 million in a Series A+ funding round.
Sep 19, 2024


Daily Crunch secures $4m in Series A funding to expand sprouted nut snack line
Daily Crunch, a rapidly growing player in the snack food sector, has successfully closed a $4m funding round led by Launch Tennessee.
Sep 18, 2024


Nestlé to establish SAR 270m food plant in Saudi Arabia
The facility, to be built in Jeddah’s Third Industrial City, will represent an investment of SAR 270 million (approx. $72 million).
Sep 17, 2024


Elopak invests further $25m to boost capacity at new US plant
Packaging firm Elopak has revealed plans to expand its capacity at its Little Rock production plant in a bid to accelerate growth. The...
Sep 13, 2024


RTD cocktail brand MOTH completes £4.6m investment round
British ready-to-drink bar-strength cocktail brand MOTH has closed a £4.6 million investment round led by venture capital firm Beringea.
Sep 11, 2024


Cal-Maine Foods injects $6.75m into Crepini JV
Cal-Maine Foods has completed a strategic investment with Crepini, establishing a new egg products and prepared foods joint venture....
Sep 11, 2024
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