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Del Monte Foods Corporation II Inc. is selling its vegetable, tomato, refrigerated fruit, shelf-stable fruit and broth businesses following Chapter 11 bankruptcy proceedings that began last year.

The gathering of approximately 200 senior executives from across the food industry will feature an educational program and networking opportunities designed to foster connections and strategic collaboration.

Established in 1925, the plant sits on nearly 11 acres and produces Danimals Kid’s Yogurts and Smoothies, Activia Probiotic Yogurt and YoCrunch Yogurt with Toppings.

The workforce reduction is set to begin at the end of February, according to a WARN Notice filed with the state of Georgia on Dec. 30.

AB InBev sold its minority stake to an investor consortium for $3 billion in 2020 to repay debt.

The new funding will take Melt&Marble from demo to market-ready, with its first ingredients set for commercial launch in 2026.

IFT’s Science and Policy Initiatives team shares scientific insight from and on behalf of the IFT community with various governing bodies and has weighed in on critical food topics, including ultra-processed foods, artificial food dyes, food traceability and safety.

Sugar Foods says the strategically located facility expands its national footprint and it for continued growth with customers throughout the United States and beyond.

The 50,000-sq.-ft. facility offers advanced sheeting, high-speed production systems, robotic stacking, and an innovation center.

From major acquisitions to economic and policy changes, the food industry has had an eventful year. EIC Alyse Thompson-Richards takes a moment to reflect.