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Home » Topics » People & Industry News

People & Industry News
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People & Industry News

People and Industry News: September 2018

September 10, 2018
Announcements about new hires, staff promotions, association news, awards, mergers and acquisitions.
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HEB
Industry News

H-E-B announces plans to develop tech facility in Austin

Former warehouse will be used as workspace H-E-B employees
Marina Mayer
September 5, 2018

H-E-B has announced plans to develop a world-class tech facility and innovation lab in East Austin, Texas, for its growing H-E-B digital team and Favor Delivery, the company’s Austin, Texas-based on-demand delivery service acquired earlier this year.


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Land OLakes
Industry News

Six companies selected for Land O'Lakes Dairy Accelerator Program

Three-month program will provide mentorship to dairy entrepreneurs
Casey Laughman
Casey Laughman
September 5, 2018

Six dairy companies have been chosen to participate in the 2018 Land O'Lakes, Inc. Dairy Accelerator, which will provide tailored coursework and mentorship to dairy entrepreneurs.


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Brynwood
Mergers and acquisitions

Hometown Foods closes acquisition of brands from J.M. Smucker Company

The $375 million deal includes Pillsbury branded shelf-stable baking and dessert products
Wayne Labs, Senior Contributing Technical Editor
Wayne Labs
September 4, 2018

Hometown Food Company, a wholly-owned portfolio company of Brynwood Partners VIII L.P., has completed the $375 million deal to acquire the exclusive rights to the Pillsbury branded shelf-stable baking and dessert products and use of the Pillsbury Doughboy in these categories.


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Maruchan
Industry News

Ramen company breaks ground on manufacturing expansion

Maruchan Virginia's new facility is a 60,000-square-foot 'Soup Room'
Casey Laughman
Casey Laughman
August 31, 2018

Ramen maker Maruchan Virginia, a subsidiary of Tokyo-based Toyo Suisan Kaisha Ltd., has broken ground on a manufacturing expansion on its Chesterfield, Va. campus.


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Sani-Matic
Industry News

Sani-Matic breaks ground on new facility

New facility will combine company's operations under one roof
Casey Laughman
Casey Laughman
August 28, 2018

Sanitary process cleaning equipment and component manufacturer Sani-Matic, Inc., has broken ground on a new facility that will combine the company's operations under one roof.


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Meat Hall of Fame
Industry News

Meat industry Hall of Fame announces 2018 class

Seven new inductees make up this year's honorees
Casey Laughman
Casey Laughman
August 28, 2018

The Board of Trustees of the Meat Industry Hall of Fame proudly announces seven new members will be inducted into the Hall as the Class of 2018. Approximately 40 industry titans were nominated this year, and the Class of 2018 was elected from those nominees by the Trustees and all the living Members of the Hall. Nominees included industry executives, scientists, innovators and association leaders from all sectors of the livestock, meatpacking and poultry processing industries.


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Tyson Foods
Industry News

Tyson announces deal to buy Keystone Foods

Acquisition is part of Tyson's strategy to invest in value-added protein products
August 20, 2018

Tyson Foods Inc. has announced it has reached a definitive agreement to buy the Keystone Foods business from Marfrig Global Foods for $2.16 billion in cash. The acquisition of Keystone, a major supplier to the growing global foodservice industry, is Tyson Foods’ latest investment in furtherance of its growth strategy and expansion of its value-added protein capabilities.


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Court
Contract Enforcement

Mexican salt company's contract with packaging manufacturer held to be non-binding

Contract was signed by salt company's general director, but not the board of directors
Wayne Labs, Senior Contributing Technical Editor
Wayne Labs
August 16, 2018

The Ninth Circuit Court of Appeals has ruled that a contract between Exportadora de Sal, S.A. de C.V. (ESSA), and Packsys, S.A. de C.V. (Packsys) is not binding because it was not agreed to by ESSA's board of directors.


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People & Industry News

People and Industry News: August 2018

August 8, 2018
Announcements about new hires, staff promotions, association news, awards, mergers and acquisitions.
Read More
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