Food and beverage processors aren’t writing blank checks for capital expenditures, but enthusiasm abounds as food companies plan to invest heavily in their own growth in 2023 ...
Simply Good Foods Co. will add Only What You Need (OWYN) to its portfolio for $280 million in cash, to help diversify the ready-to-drink protein shake offerings.
After making big capital spending plans for 2023 — and underspending those budgets — food & beverage processors are proceeding at a more normalized pace (+3%).
Strong Roots and McCain first entered into a partnership in 2021, and McCain plans to expand the vegetable-forward frozen products into additional global markets.
New facility in Beacon, N.Y., spans 70,000-sq.-ft. and gives the company two plants within a few miles of each other, to ramp up production and improve efficiency.
