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Home » Topics » News

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Pinnacle-Backed Viserion Elian Barcelona to Acquire Soya Crush Plant from Cargill
Mergers & Acquisitions

Pinnacle-Backed Viserion Elian Barcelona to Acquire Soya Crush Plant from Cargill

October 18, 2023

Viserion International and its subsidiaries are backed by a fund managed by Pinnacle Asset Management, L.P., a New York-based alternative asset management firm focused on global commodities markets.


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TWIX Iced Coffee 12-pack
Candy/Confectionery

Victor Allen's TWIX Iced Coffee Launches 8-ounce Can Pack

October 17, 2023

The company is releasing the product for a limited time. 


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A material handling chute with potato chips in it.
Renovations/Buildouts

Jackson’s Announces Expansion Plan

October 17, 2023

The company will nearly triple production of its kettle-cooked sweet potato chips.


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Barnacle Food's new hot sauce laid flat on a table with multiple peppers around it.
Condiments

Barnacle Foods Launches Habanero Hot Sauce

October 17, 2023

The company’s featured ingredient is Kelp.


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A Smithfield processing facility
Company News

Smithfield Foods Closes Charlotte Plant

October 16, 2023

Production from the pork processing plant will be transferred to its Tar Heel, N.C. facility.


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Solar panels lined up in rows across a rooftop
Company News

R.A. Jones Installs Rooftop Solar Panels

October 16, 2023

More than 50% of the Covington plant will be powered by solar panels, helping to reduce R.A Jones’ carbon footprint and lower its annual electricity costs.


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Jonathan Tedder (left) and Friedrich Holz (right)
People News

Hoffmann Neopac Names Two Executives to Co-Lead U.S. Facility

October 13, 2023

Friedrich Holz and Jonathan Tedder to oversee Wilson, N.C. facility as company plans to expand tube production into cosmetics sector in 2024.


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FOOD ENGINEERING Plant of the Year
Announcements

FOOD ENGINEERING Announces Opening of 2024 Plant of the Year/Sustainable Plant of the Year Submissions

October 12, 2023

Plant of the Year entrants are automatically entered into the Sustainable Plant of the Year competition. All entries are due by December 29, 2023.


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Image of three BioCraft leaders outside in a field next to two dogs.
Pet Food

BioCraft Begins Using AI in Cultivated Meat Production

October 11, 2023

The company is using AI technology and machine learning to produce enhanced meat for pet food.


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UMIAMI gains funding
Funding/Investments

UMIAMI Secures $34.7 Million to Drive Plant-Based Chicken Growth

October 11, 2023

Spearheading this latest funding effort are SPI fund (Sociétés de Projets Industriels) and French Tech Seed, both managed by Bpifrance (Banque Publique d'Investissement) on behalf of the French government. Astanor Ventures, Redalpine, Newfund, and VERSO Capital also joined in this round.


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Events

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