JBT Corporation has agreed to acquire Stork Food & Dairy Systems, a major European filling and sterilization solutions specialist for approximately $51 million.
Pabst Brewing Company, known for its flagship Pabst Blue Ribbon beloved by hipsters, said the company will return to its birthplace of Milwaukee, WI to open a new brewery nearly 20 years after production moved away from its hometown.
Anheuser-Busch will invest more than 1.5 billion in its US operations during the next three years. The money will go towards upgrading the beer giant’s brewing, agriculture, packaging and distribution operations.
The Coca-Cola Company and Monster Beverage Corporation have closed on the previously announced agreement which gives Coca-Cola a minority ownership in the popular energy drink company.
Coca-Cola Enterprises, Inc., one of the world’s largest independent bottlers of Coca-Cola, said it is committed to reducing calories per liter across its entire portfolio by 10 percent by 2020.
The anti-obesity non profit Alliance for a Healthier Generation and a coalition of some America’s biggest beverage companies began work at four Los Angeles area neighborhoods as part of an initiative to help reduce beverage calories consumed by 20 percent per person by 2025.
A former MillerCoors vice president and seven co-defendants were charged this week in a twenty count indictment as a result of an alleged plan to defraud the company of at least $7 million, the US Attorney’s Office of the Northern District of Illinois announced.
This week Nielsen announced its 12 US Breakthrough Innovation Winners for 2015 which included nine food and beverage products from big names such as PepsiCo, MillerCoors, Kellogg’s and Kraft Foods.