Highlights

Food Processing Capital Spending 2023
Capital Spending

2023 Capital Spending Outlook: Food and Beverage Capital Spending Continues to Grow

March 29, 2023
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 ...
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Business Strategies

Private Label Ends a String of Sales Gains, but Still Strong

Dec. 6, 2023
The October dip in both dollars and volume may be just a bump in an ascending road for store brands, especially after the innovation shown at the recent Private Label Trade Show...
Legal Issues

Three Men Charged in Dr. Pepper Syrup Theft, Resale Scheme

Dec. 6, 2023
Former employees charged with stealing pallets of Dr. Pepper syrup and reselling the product to an Oklahoma City gas station for approximately half the price.
Animal Proteins

Smithfield Foods Ends Hog Farm Contracts in Utah in Response to Pork Oversupply

Dec. 6, 2023
The move will also result in the layoff of nearly 70 Smithfield employees in the Utah hog production operation.
Mergers & Acquisitions

Rise Buys Pies Facilities, Expanding Portfolio of Bakery Products

Dec. 5, 2023
Rise Baking Co. expands into pie category with purchase of two pie processing facilities in Kent, Wash., and Brampton, Ont., Canada.
Business of Food & Beverage

Coca-Cola and Smucker Are Top U.S. Companies for Boosting Talent

Dec. 4, 2023
The American Opportunity Index rates America's 250 largest public companies on how they help their workers get ahead.
Animal Proteins

Hormel to End Turkey Harvest at Barron, Wisconsin, Plant in Favor of Value-Added Processing

Dec. 4, 2023
Jennie-O Turkey Store plant will end turkey slaughter operations in Q2 of 2024 in an effort to right-size the company’s turkey supply chain.
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Capital Spending

Anheuser-Busch’s Cartersville, Georgia, Brewery Gets $13 Million in Upgrades

Nov. 29, 2023
Enhancements to energy systems, dry-hopping, bottling and can-packaging operations among the significant investments made by Anheuser-Busch.
Business Strategies

Tremendous Growth, Potential Forecast for AI in Food and Beverage

Nov. 29, 2023
A new Rabobank report says artificial intelligence ‘may be the most fundamental enabler of change in the food industry.’
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Business Strategies

How AI Could Transform the Food and Beverage Industry

Nov. 29, 2023
Artificial intelligence ‘may be the most fundamental enabler of change in the food industry.’
Mergers & Acquisitions

Mushroom Processor South Mill Champs Expands Through Acquisition of World Fresh Produce

Nov. 28, 2023
Acquisition will enhance vertically integrated mushroom company’s position in global produce marketplace.