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

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

Best Provision is Young American’s fourth acquisition since 2022 and joins its expanding portfolio of brands including Hofmann Sausage, Brooklyn Burger and Devault Foods.

Baldor will take over the business under a new name, Golden Meat Co., enabling Baldor to provide an increased selection of center-of-plate proteins to its customer base.

A recent study by Purdue University’s Center for Food Demand Analysis and Sustainability looks at whether consumers understand the terms “processed” and “ultra-processed: and if they have their own opinions on them.

Trump raised tariffs on China to 125%, but many other countries will have only a 10% tariff in place for those 90 days.

Cal-Maine says net sales reached $1.4 billion in the third quarter of FY25, up from $703.1 million for the same period last year.

The company announced plans to close one facility in Sparks, Nevada and one in Cobourg, Ontario by the end of 2025.

Trump will impose a minimum 10% tariff on all goods from other countries. Citing large trade deficits, the president also announced higher reciprocal tariffs on several countries. 

Through its financial restructuring, the company eliminated approximately $2 billion of funded debt and is emerging with approximately $600 million of liquidity.