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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.

The Produce Traceability Initiative (PTI) Leadership Council recently met to refuel industry discussions due to recent events having put a new spotlight on traceability, including recent foodborne illness outbreak investigations, release in Canada of the Safe Food for Canadians Regulations and projects exploring the benefits of Blockchain for the food supply chain.

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.

Country Favor Inc. has announced it is recalling its 7-ounce packages of “Best Taste Brand Snack Ginger Sliced” food treats because they contain undeclared sulfites.

Haskell, a global architectural, engineering, construction and consulting firm, has appointed James O’Leary to the position of chief executive officer, giving him full executive leadership responsibilities for the $1 billion firm.

Hostess Brands, LLC has recalled packages of its Cookies 'n Crème Brownies that do not list egg as an allergen in the "Contains" statement.

After 12 years as chief executive officer (CEO) of PepsiCo Inc., Purchase, N.Y., Indra Nooyi announced that she will step down Oct. 3. Nooyi has been with the company for 24 years. She will remain chairman until early 2019.

It is estimated that electric motors account for 45 per cent of global electricity demand. That’s not surprising when you consider that they’re used to drive everything from pumps and fans to compressors in industries as varied as industrial, commercial, agricultural and transport.

AVEVA , a supplier of engineering and industrial software, has signed a partnership agreement with cybersecurity software firm Virsec.

The Coalition for Responsible Gene Editing in Agriculture has established a multi-stakeholder Steering Committee to develop a framework for the responsible use of gene editing in agriculture.