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The funding will go toward construction and contract management, the delivery of key process equipment, installation, commissioning and production ramp-up prior to the start of mass production of Solein protein powder.

Effective July 1, Kraft Heinz will restructure into three regions: North America, Europe and Pacific Developed Markets, and Emerging Markets.

The Cheonan facility is scheduled for completion in the first half of 2027, and bibigo offerings made with gim, a Korean seaweed product, will be supplied to global markets including the U.S.

Closures of plants in Pennsylvania and Tennessee are expected to affect more than 1,600 employees.

Cargill says the investment enhances its operational and research capabilities, as well as its ability to serve growing demand for edible oils, premium chocolate products and customer-led innovation.

The company says the move aims to align its global supply chain footprint with evolving market conditions.

The bakery brand plans to unity its team under one roof as its nationwide growth accelerates.

SunOpta employs more than 260 people in Omak, Washington, where teams manufacture natural and organic fruit snacks that are sold through retail, club, foodservice and e-commerce channels.

IFF says the transaction marks a significant step in its portfolio transformation and is expected to strengthen the company’s focus on its innovation-driven businesses: Taste, Scent, and Health & Biosciences.

The company is set to acquire the Americas business of Whole Earth Brands, Inc., including the Equal, Whole Earth, Swerve and Chuker sweetener brands across North America and Latin America.