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Kraft Heinz expands European tomato supply with energy-efficient plant
The Kraft Heinz Company has announced a significant enhancement to its European tomato supply chain with the launch of a new processing facility in Portugal.
Red Bull, Rauch and Ball Corp to build $1.5bn beverage campus in North Carolina
Red Bull, Rauch and Ball Corp are set to break ground on a $1.5bn manufacturing and distribution campus at the former Philip Morris site in North Carolina.
Elliott Management takes $4bn stake in PepsiCo, urges strategic overhaul
In a bold move signalling potential upheaval within PepsiCo, Elliott Management has disclosed a substantial $4 billion investment in the beverage and snack giant.
Taaleri Bioindustry – a bioeconomy growth investor under the Finnish Taaleri Group investment firm – has injected €10 million into plant-based dairy alternative manufacturer Finnish Food Factory.
General Mills invests $54m to expand Minnesota innovation centre
General Mills will invest $54 million to expand its James Ford Bell Technical Center in Golden Valley, Minnesota, in what is said to be the largest upgrade in the facility’s history.
Ehrmann Cornish Dairy to invest £20m in Trewithen Dairy site in Cornwall
Ehrmann Cornish Dairy has unveiled plans for a £20 million investment in a new state-of-the-art chilled dessert production facility at the Trewithen Dairy site in Glynn Valley, Cornwall.
Anheuser-Busch invests $15m in US brewery to boost domestic production
Anheuser-Busch InBev, the brewing giant behind brands such as Budweiser and Bud Light, has announced a $15m investment in its brewery operations in St Louis, Missouri.