Cold Foods Industry News

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Raisio, Finland, announced plans to invest an estimated EUR 45 million in a production facility to develop and manufacture plant-based, value-added products.

The grocery stores of the future will boast a fully automated checkout process, a greater emphasis on prepared meals, a proliferation of smaller, convenience-store grocery outlets and more collaboration between grocers and non-traditional partners such as fitness operators and restaurants, according to a report from CBRE, Los Angeles.

US Foods Holding Corp., Rosemont, Ill., broke ground on a 355,000-square-foot distribution center in McClellan, Calif.

AGCO Corp., Duluth, Ga., opened a new office in Casablanca, Morocco, to serve as the company’s regional sales office for West and North Africa.

Compass Group PLC, UK, announced plans to acquire Fazer Group, Finland.

Cargill, Minneapolis, released a collection of sustainability reports across four key businesses—aqua nutrition, cocoa and chocolate, ocean transportation and premix and nutrition.

Emergent Cold, Dallas, Texas, announced plans for a strategic investment in Piura, Perú.

The food processing equipment market is estimated to grab a value of $70,510.1 million by 2022 and exhibit CAGR of 6.7% over the forecast period from 2017-2022, according to a study presented by Transparency Market Research, Albany, N.Y.