Articles Tagged with ''food and beverage companies''

ConAgra Foods, Inc., Omaha, Neb., announced the relocation of its headquarters to Chicago, Ill.

Beginning in the summer of 2016, approximately 700 employees will be located in the new offices in the city’s Merchandise Mart, including the company’s senior leadership team and certain functions of the consumer foods business, which are currently located in Omaha, Neb., and Naperville, Ill.

The Dr Pepper Snapple Group, Inc. (DPS) has reached an agreement to make an equity investment in BA Sports Nutrition, LLC, owner of the BodyArmor SuperDrink—a line of premium sports drinks that will compete with Gatorade and Powerade.

General mills announced last week that it will close manufacturing facilities in Chicago and Joplin, MO.

Kraft Foods Group, Inc. shareholders voted Wednesday to approve the sale of the company to H.J. Heinz, creating one of the largest food companies in the world.

ConAgra Foods Inc. announced plans to sell its store-brand food business. The news comes just two years after the company invested $5 billion to purchase private-label food manufacturer Ralcorp, the Associated Press reported.

Melvin Gordon, the CEO of Tootsie Roll Industries has died this week at the age of 95.

The Kellogg Company announced yesterday its net sales decreased 2.1 percent to $3.6 billion in the third quarter and its operating profit over the same time was $365 million, a reported decrease of 27.5 percent.

Thanks to social media, a passionate fan base and a love for ‘90s nostalgia, Surge, the citrus flavored beverage from the Coca-Cola Company, has returned after a 12-year hiatus.

General Mills Inc. will soon expand its natural and organic portfolio by adding Annie’s Inc. to its products lineup.

The Coca-Cola Company will purchase a 16.7 percent equity stake in Monster Beverage Corporation, the second largest producer of energy drinks in the US, the company said Friday.