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Dean Foods Company has completed its acquisition of the manufacturing and retail ice cream business of Friendly’s Ice Cream for $155 million.

The company says it will invest $65 million to add a 32,000-sq.-ft. expansion to the existing fry plant featuring the latest manufacturing equipment and technology.

By a vote of 13-4, the Philadelphia City Council approved a new tax on sugary and diet beverages, becoming the first major city in the US to do so.

Celebrating its 125th anniversary, Minnesota-based Hormel Foods Corporation launched its 10th annual corporate responsibility report.

While the consumer product and automotive industries saw a significant increase in recalls during the first quarter of 2016, food and beverage recalls were down.