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Starbucks President and Chief Executive Officer Kevin Johnson will retire after 13 years of service

People News

Starbucks announces leadership transition

Starbucks President and Chief Executive Officer Kevin Johnson will retire after 13 years of service; Founder Howard Schultz will fill in temporarily

March 17, 2022

Starbucks Corporation has announced that Kevin Johnson, president and chief executive officer, intends to retire after a 13-year tenure at the company.

Aleph Farms’ scientists, Dr. Keren Tazat-Fireberg and Dr. Hezi Hayun, analyze collagen-producing cells under a microscope. Photo courtesy Aleph Farms

Cell Cultured Products

Beyond cell-cultured meat to other useful products--without the cow

Once the technology was in place to produce steak, Aleph Farms extended its development process to produce collagen

March 16, 2022

Aleph Farms, purveyor of cultivated beef steaks, hasn’t stopped at just producing steak without the cow.

Fried chicken sandwich breading factory Kerry Rome Georgia

Plant Openings

Kerry opens upgraded coatings and breadcrumbs facility in Georgia

The $136 million project features sustainability benefits throughout

March 16, 2022

The $136 million, 316,000-square-foot project features sustainability benefits throughout.

Canned Cocktails

SouthNorte Brands debuts RTD canned tequila cocktails in three flavors

March 14, 2022

San Diego-based SouthNorte Brands has launched into the ready-to-drink (RTD) canned cocktail category with three 12oz. tequila based cocktails: Paloma, Matador and a Mexican Mule. SouthNorte’s colorful can is designed with an homage to Mexico, featuring the traditional and decorative papel picado.

Nuts & Bolts

Food and AgTech trends that are shaping the future of food

March 14, 2022

S2G Ventures, a multi-stage investment firm focused on the food, agriculture, ocean and seafood markets, reveals 10 food and AgTech trends that will shape the future of food in 2022.

Pilot Plant Tel Aviv Cultivated Meat SuperMeat

Alternative Proteins

Ajinomoto invests in SuperMeat, focuses on establishing supply chain for cultivated meat industry

March 11, 2022

SuperMeat, a food-tech company focused on cultivated meat, announced a new strategic partnership with Ajinomoto to establish a commercially viable supply chain platform for the cultivated meat industry.

Canned Cocktails

Beam Suntory brand Sauza launches RTD canned agave cocktails in four flavors

March 11, 2022

Beam Suntory brand Sauza is launching ready-to-drink (RTD) Mexican-inspired cocktails in four flavors. The cocktails help meet current demand from RTD drinkers looking beyond seltzers.

Plant Opening

Infuse by Cargill expands to META

Company opens an ingredient blending plant and a high-tech application center in Bursa, Orhangazi, Turkey

March 11, 2022

Cargill Turkey has opened a state-of-the-art technical application center and a high-tech ingredient blending production plant in Bursa, Orhangazi.

M&A volume is up in the food and agriculture sector

March 11, 2022

According to a Capstone Partners report, “February 2022 Food & Agriculture Sector Update,” merger and acquisition (M&A) volume in the food and agriculture sector surged 17% year-over-year (YOY) in 2021 with 383 deals announced or completed, which marked the highest number of transactions in over four years.