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Performance Food Group to acquire Reinhart Foodservice

The addition of Reinhart’s distribution footprint in key geographies enhances PFG’s existing distribution platform and market density.
July 3, 2019
Performance Food Group Co. (PFG), Richmond, Va., announced plans to acquire Reinhart Foodservice, LLC, Rosemont, Ill., from Reyes Holdings, LLC, Rosemont, Ill., for $2 billion.
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Study: Deli meat market to grow $114.18B by 2023

Increasing awareness regarding the health benefits of organic foods such as organic deli meats has increased consumption.
July 3, 2019
The deli meat market is projected to grow $114.18 billion, at a CAGR of 11%, by 2023, according to “Global Deli Meat Market 2019-2023,” a report published by Technavio, London.
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JBT, SafeTraces' global alliance set to revolutionize food safety, traceability

The strategic alliance will focus on incorporating SafeTraces' food safety and traceability technology into JBT FoodTech businesses, including fresh produce technologies, fresh-cut technologies and coating equipment solutions.
July 3, 2019
JBT Corp., Chicago, announced a global alliance with SafeTraces, a Pleasanton, Calif.-based provider of food safety and traceability solutions, to integrate SafeTraces' patented DNA-based technologies into JBT's solutions portfolio for worldwide distribution.
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Research reveals clean eaters fear being duped by big food

Consumers are deeply motivated to have total control over their consumption, and not have corporations, governments, brands or friends take that control away, according to the research.
July 3, 2019
New research from The Center for Food Integrity (CFI), Kansas City, Mo., shows these clean eaters fear being duped by “big food,” and are motivated to do everything in their power to control their health.
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Magnate Worldwide acquires Premium Transportation Logistics

PTL will benefit from Magnate’s senior management team's combined experience of 75-plus years.
July 3, 2019
Magnate Worldwide, Oakbrook Terrace, Ill., acquired Premium Transportation Logistics (PTL), Toledo, Ohio, to continue serving the ground expedite market in North America.
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Raymond sustainable warehousing

Raymond partners with Binghamton University to create more sustainable warehouses

The storage demonstration project was designed to demonstrate why a behind-the-meter storage system and controllable forklift charging can be beneficial for warehouse owners and the utility grid.
July 2, 2019
The Raymond Corp., Greene, N.Y., partnered with faculty at Binghamton University, State University of New York, Binghamton, N.Y., to develop and demonstrate a new energy storage process and solution for warehouse energy management.
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Kroger to locate new digital HQs in Cincinnati

Kroger's new digital team headquarters in the Atrium Two building will house approximately 600 Kroger digital associates.
July 1, 2019
The Kroger Co. announced plans to locate its new digital headquarters in downtown Cincinnati.
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