Poultry producer Pilgrim’s Pride confirmed Tuesday it countered the offer by Tyson Foods Inc. in the fight over the acquisition of Hillshire brands, increasing its original proposal by $1.3 billion.
A growing number of food and beverage manufacturers are listening to consumers who support the removal of high fructose corn syrup by changing recipes to remove the sweetener.
Snacking company Snyder’s-Lance announced the sale of Private Brands to Shearer’s Foods, LLC last week for $430 million in order to focus attention on growing branded products.
The Grocery Manufacturers Association is taking aim at a new documentary that highlights the food industry criticizing the film for its one-sided approach.