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PWD Acquisition acquires Pei Wei from Centerbridge Partners

PWD Acquisition LLC is owned and managed by Lorne Goldberg, who also owns and operates other quick-service Asian restaurant concepts.
June 13, 2019
PWD Acquisition LLC acquired the parent company of Pei Wei Asian Diner, LLC, Irvine, Texas, from its previous parent company, Centerbridge Partners, L.P., New York.
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Aquabanq to build land-based salmon plant in Maine

The plant is projected to produce 8 million pounds of fresh, U.S. farm-raised Atlantic salmon per year by 2022.
June 13, 2019
Aquabanq, Sheridan, Wyo., announced plans to commence construction on a modern aquaculture plant in Millinocket, Maine.
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Golden State Foods opens 10th innovation center

The 4,300-square-foot space innovation center consists of food manufacturing facilities servicing customers worldwide.
June 13, 2019
Golden State Foods (GSF), Irvine, Calif., opened its 10th office space and innovation center in Chicago's West Loop neighborhood.
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sustainability farm

Future Food Institute, FAO partner to tackle food, climate crisis

The program will work closely with industry professionals, farmers, chefs, children, young talent and Generation Z worldwide to mitigate the climate crisis.
June 13, 2019
Future Food Institute, Italy, and the Food and Agriculture Organization of the United Nations (FAO), Italy, partnered to promote food innovation in the agribusiness sector.
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Study: Global frozen pizza market expected to reach $20.80B by 2026

Increasing advancement in freezing technology and an upsurge in fast food outlets in emergent economies are likely to provide worthwhile opportunities for the market key players in the global frozen pizza market.
June 13, 2019
The global frozen pizza market was valued $12.20 billion in 2017, and is expected to reach $20.80 billion by 2026, at a CAGR of 6.59 % during a forecast period, according to a market research report released by Trends Market Research, London.
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sustainability farm

Feeding America, Feeding Texas, Collaborative for Fresh Produce partner to fight food waste

To tackle hunger, the collaborative uses state-of-the-art technology and optimizes supply chain logistics to offer growers, shippers and wholesalers an outlet to address large-scale quantities of surplus produce.
June 12, 2019
Feeding America, Chicago; Feeding Texas, Austin, Texas; and the Collaborative for Fresh Produce, Richardson, Texas, partnered to address hunger and food waste in the Southwest and develop a regional model that can be scaled nationally.
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Study: Modern eating trends reveal surge in mealtimes, snacking

Survey data reveals that as of 2018, a far higher share of adults consider breakfast to be the most important meal of the day compared with lunch or dinner.
June 12, 2019
When consumers eat has become as important as how and what consumers eat, according to “Eating Trends: Mealtimes and Snacking,” a report released by Packaged Facts, Rockville, Md.
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