Manufacturing News - Articles - Page 43

How high can corn and commodity prices go?

Commodities

Processors face higher commodity prices, but climate-smart technologies may help tame cost increases

While some studies point out the downside risks of commodity price increases and scarcities, farmers and their suppliers see the upside

Wayne Labs

February 10, 2022

The USDA says 2022 will be a great year for agriculture, and climate-smart farming practices can help.

People and Industry News: February 2022

February 7, 2022

The people, companies and facilities making headlines.

Plant Openings & Expansions: February 2022

February 7, 2022

Plant openings and expansions in food and beverage manufacturing.

Manufacturing News

Log4j vulnerability: New IT/OT threat with lots of dangerous potential everywhere

February 3, 2022

: Just when IT and OT professionals were feeling a little more comfortable in preventing and tackling ransomware/malware attacks, now they have something new to worry about—and potentially just as insidious—the Log4j vulnerability.

People News

Stellar promotes Mike Davis to senior vice president

Davis has more than 20 years design-build experience

January 31, 2022

In his new role, Davis will continue providing oversight on all operational aspects of food and beverage and will be responsible for its strategic growth, entry into new markets, project development and client relationships.

U.S. production costs have increased across all subsectors

Market Trends

Food industry to face downside risks this year

According to global credit insurer, Atradius, challenges in the U.S. include rising commodity, energy, labor and transport costs

January 28, 2022

U.S. food and beverages value-added output is forecast to grow by about 1% in 2022, after increasing 3.1% in 2021 and 1.8% in 2020.

John Lopes, Forever Oceans president, Brazil; Bill Bien, Forever Oceans CEO; Brazilian President Jair Bolsonaro

Sustainable Seafood

Forever Oceans signs deal with Brazilian Government for offshore concession for sustainable seafood production

Said to be the world’s largest offshore concession, the area is 3.5 times the size of Washington DC

January 25, 2022

In Brazil, the company will ocean-raise Forever Oceans Amberjack, known locally as ‘Olho de Boi’ or Remeiro. This versatile finfish is praised for its taste, protein, nutrition and is rich in Omega-3.

TopGum to triple capacity with new production plant

New line for gummy supplements adjoins current southern Israel facility

January 24, 2022

Gummy supplement manufacturer TopGum Industries, Ltd., has begun construction of a new, $30 million, 118,400 sq.-ft. plant, located 1.5 hours south of Tel Aviv.

Flavors company IFF announced the appointment of Frank Clyburn

People News

IFF appoints Frank Clyburn as chief executive officer and board director

In the process the flavors company is separating chairman and CEO roles

January 21, 2022

IFF announced the appointment of Frank Clyburn, an accomplished leader and operational executive, to succeed Andreas Fibig as chief executive officer and a member of the IFF Board of Directors, effective February 14, 2022.

Maple Leaf Foods Inc. announced that Adam Grogan will assume the role of president of its wholly-owned subsidiary, Greenleaf Foods, SPC.

People News

Adam Grogan to become president of Maple Leaf Foods’ subsidiary Greenleaf Foods, SPC

Greenleaf Foods is tasked with transforming plant-based protein into a wide array of healthful products

January 20, 2022

The appointment is the next step in a long-term leadership succession plan for the Greenleaf business, as current Greenleaf president Dan Curtin, will retire at the end of this month, after more than four decades of experience in the food industry.