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Conagra expects to use the net proceeds from the transaction to pay down debt.

Lineage will acquire and take over operations of four existing cold storage warehouses and other related assets from Tyson Foods for $247 million.

The facility will employ over 200 associates when fully ramped.

The company has initiated a review of strategic alternatives as a means to secure the capital it needs.

Anticipated to launch in August, Mission’s Guatemala packinghouse is engineered for performance.

The expansion includes enhancements to the bakery facility, which are aimed at improving product consistency, efficiency and baking excellence.

Backed by $4 million in new funding and European Union regulatory clearance, and with pilots underway in Europe and Israel, the company is bringing its sustainable protein to the mainstream market.

Chomps is also planning a new, 300,000-sq.-ft. manufacturing facility in Mexico, Mo., which is slated to open this year.

The expanded facility, which is located at 12725 4 Mile Road in Franksville, Wis., stands at over 334,000 sq. ft., featuring 32 dock doors and 37,500 pallet positions.

As Pick Heaters celebrates this anniversary, the company extends its gratitude to its customers, employees and partners who have supported its journey.