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CORPORATE OPERATIONS

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 * Dimas Ardian via Getty Images
   
   
   INVESTORS PRESSURE FOOD COMPANIES TO SET CONCRETE DEFORESTATION PLANS
   
   Groups representing trillions of dollars in assets say CPGs must do more to
   prevent further losses of biodiversity in their supply chains by 2030.
   
   By Chris Casey • Dec. 14, 2022
 * Courtesy of Papa Pita Bakery
   
   
   FLOWERS FOODS BUYS PAPA PITA BAKERY FOR UNDISCLOSED AMOUNT
   
   With the purchase of the Utah company, the baking giant adds several regional
   brands to its portfolio, as well as a state-of-the-art manufacturing facility
   and distribution network.
   
   By Megan Poinski • Dec. 14, 2022
 * Hispanolistic via Getty Images
   
   
   DROUGHT LEADS TO 80% JUMP IN VEGETABLE PRICES
   
   Prices from producers increased 38% in November, and could continue to be
   unstable if weather conditions don’t improve.
   
   By Chris Casey • Dec. 13, 2022
 * Courtesy of Ynsect
   
   
   YNSECT PLANS US INSECT FARM AND PARTNERS WITH ARDENT MILLS
   
   The facility will produce more than 55,000 tons of ingredients a year, which
   the milling company will explore for use in healthy and sustainable food.
   
   By Megan Poinski • Dec. 13, 2022
 * 
 * Courtesy of Orbillion Bio
   
   
   ORBILLION BIO PARTNERS WITH SOLAR BIOTECH TO MAKE 4M POUNDS OF CULTIVATED
   MEAT A YEAR
   
   The startup making Wagyu beef, elk and lamb from cells is the latest in the
   food space to work with the biomanufacturing company.
   
   By Megan Poinski • Dec. 12, 2022
 * Permission granted by The Ibotta Performance Network
   Sponsored by The Ibotta Performance Network
   
   
   IBOTTA AND GENERAL MILLS: FIGHTING INFLATION, WINNING BACK MARKET SHARE
   
   Brands like General Mills that join the Ibotta Performance Network see
   near-immediate results with greater return on ad spend.
   
   Dec. 12, 2022
 * Courtesy of General Mills, IHOP
   Column
   
   
   LEFTOVERS: GENERAL MILLS FLIPS FOR IHOP CEREAL; BRACH’S HEATS UP CANDY CANES
   
   The CPG giant and pancake restaurant joined forces for the breakfast
   offering, and Ben & Jerry’s teams up with award-winning director Ava DuVernay
   on an ice cream flavor.
   
   By Food Dive staff • Dec. 9, 2022
 * Courtesy of International Flavors & Fragrances
   
   
   IFF PLANS JOB CUTS AS PART OF COMPANY RESTRUCTURING
   
   The ingredients giant plans to save $100 million annually through headcount
   reduction, which is a part of a plan to become more streamlined, efficient
   and customer-centric.
   
   By Megan Poinski • Dec. 8, 2022
 * 
 * Courtesy of Chobani
   
   
   CHOBANI BOLSTERS C-SUITE WITH HIRING OF CHIEF COMMUNICATIONS AND IMPACT
   OFFICER
   
   The appointment of insider Nishant Roy, who will oversee communications,
   government relations, sustainability and other duties, is the latest
   executive hire for the yogurt giant in 2022.
   
   By Christopher Doering • Dec. 8, 2022
 * Courtesy of Pernod Ricard
   
   
   PERNOD RICARD TO SPEND $250M BUILDING CARBON-NEUTRAL DISTILLERY IN KENTUCKY
   
   The spirits maker said the investment “doubles down” on the future
   sustainability of American whiskey and the “strong growth — and growth
   potential” in the company’s portfolio.
   
   By Christopher Doering • Dec. 8, 2022
 * Courtesy of Believer Meats
   
   
   BELIEVER MEATS BREAKS GROUND ON WORLD’S LARGEST CULTIVATED MEAT PLANT
   
   The company, formerly known as Future Meat Technologies, will be able to make
   at least 11,000 tons of cultivated meat in custom bioreactors once the North
   Carolina facility opens.
   
   By Megan Poinski • Dec. 8, 2022
 * Courtesy of Wells Enterprises
   
   
   FERRERO TO BUY ICE CREAM MAKER WELLS ENTERPRISES
   
   The price and terms of the deal, which will give the Italy-based confectioner
   a large foothold in the frozen treats business, were not disclosed.
   
   By Megan Poinski • Dec. 7, 2022
 * 
 * Courtesy of Impossible Foods
   
   
   MOTIF FOODWORKS CONTINUES TO CHALLENGE IMPOSSIBLE FOODS’ PATENTS
   
   After the European Patent Office revoked one of the plant-based meat maker’s
   patents, the food tech company objected to four others filed in the U.S.
   
   By Megan Poinski • Dec. 7, 2022
 * Courtesy of J.M. Smucker
   
   
   J.M. SMUCKER TO BUILD R&D CENTER FOR UNCRUSTABLES
   
   The company’s planned 29,000-square-foot facility will be on the grounds of
   its headquarters in Ohio, and is slated to open in fall 2023.
   
   By Megan Poinski • Dec. 6, 2022
 * Courtesy of Kraft Heinz
   
   
   PHILADELPHIA CREAM CHEESE LAUNCHES PLANT-BASED SPREAD
   
   The product, which is available at select retailers in the Southeastern U.S.,
   is Kraft Heinz’s second non-dairy launch under one of its flagship brands in
   the last two months.
   
   By Megan Poinski • Dec. 6, 2022
 * Courtesy of The Hershey Company
   Column
   
   
   LEFTOVERS: HERSHEY BURSTS INTO HOT CHOCOLATE BOMBS; PREMIER PROTEIN FLIPS FOR
   PANCAKES
   
   The confection and snacking giant is bringing its own spin to the wintertime
   drink, and Kraft Heinz hopes its Lunchables Holiday Packs will give parents
   the gift of more time to prepare presents. 
   
   By Food Dive Staff • Dec. 2, 2022
 * Catherine Douglas Moran/Food Dive
   
   
   A TASTE OF FOOD DIVE’S BEST STORIES
   
   From the struggles of plant-based meat to Kellogg’s proposed split, Food Dive
   writes about the news that moves the CPG industry.
   
   By Food Dive Staff • Dec. 2, 2022
 * Courtesy of Do Good Food
   
   
   POST’S MICHAEL FOODS TO OFFER VERIFIED CARBON REDUCED EGGS IN 2023
   
   The company is partnering with supplier Do Good Foods, and will quantify the
   impact each foodservice buyer’s purchase had on climate change. 
   
   By Christopher Doering • Dec. 2, 2022
 * “Tysons Food Donation 2012” by Central Texas Food Bank is licensed under CC
   BY-ND 1.0
   
   
   TYSON CFO PLEADS NOT GUILTY TO CRIMINAL TRESPASS, INTOXICATION CHARGES:
   REPORTS
   
   The company has drawn criticism from some corporate governance experts who
   felt it should have taken a more aggressive stance on the arrest of its newly
   minted financial chief.
   
   By Elizabeth Flood • Dec. 1, 2022
 * Courtesy of Huel
   
   
   HUEL CLOSES $24M INVESTMENT ROUND
   
   Actor Idris Elba is among the backers for the British meal replacement
   company, which is now valued at $560 million.
   
   By Megan Poinski • Dec. 1, 2022
 * Permission granted by Tyson Foods
   
   
   TYSON MANAGERS FIRED FOR COVID-19 BETTING POOL SUE FOR INCENTIVE PAY
   
   The former supervisors at the plant in Waterloo, Iowa demand a total of
   $300,000, saying they deserve bonuses from when the facility met production
   targets.
   
   By Chris Casey • Nov. 30, 2022
 * Courtesy of Perfect Day
   
   
   PERFECT DAY EXPANDS ITS REACH WITH GELATIN COMPANY PURCHASE
   
   With the acquisition of India’s Sterling Biotech Limited, the animal-free
   dairy company doubles its manufacturing capacity and has a path to widen its
   precision fermentation portfolio.
   
   By Megan Poinski • Nov. 30, 2022
 * Scott Olson via Getty Images
   
   
   MCDONALD’S SUES MEAT COMPANIES FOR ACCUSATIONS OF PORK PRICE-FIXING
   
   Smithfield, Tyson, JBS and Hormel are among the processors the fast food
   giant claims have worked together since 2008 to inflate the price of pork.
   
   By Chris Casey • Nov. 29, 2022
 * Mario Tama via Getty Images
   
   
   BIDEN AND FOOD INDUSTRY GROUPS CALL ON CONGRESS TO PREVENT RAIL SHUTDOWN
   
   The president said he’s been advised that “there is no path to resolve the
   dispute at the bargaining table” before the Dec. 9 deadline.
   
   By Sarah Zimmerman , Chris Casey • Nov. 29, 2022
 * Courtesy of Freshly
   
   
   NESTLÉ SCALES BACK MEAL DELIVERY PRESENCE THROUGH FRESHLY DEAL
   
   The CPG giant and private equity firm L Catterton are creating an entity
   bringing together the business it bought two years ago and Kettle Cuisine.
   Nestlé will retain a 41% stake in the partnership.
   
   By Christopher Doering • Nov. 28, 2022

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LIBRARY RESOURCES

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COMPANY ANNOUNCEMENTS

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   Brands
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 * CFO Dive Del Monte Foods picks Campbell alum as CFO
 * Food Navigator SPECIAL REPORT: FDA doubles down on titanium dioxide safety as
   CSPI raises concerns; Skittles lawsuits dismissed
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   Webinar | 11 a.m. ET A Look Back at Market Performance: Pricing Strategies
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