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M&A data shows growth in consumer sector

Data through June 8 shows that U.S. consumer M&A reached 190 deals worth a total of $113.8 billion, surpassing the same period in 2016 in value by 415.6%.
June 13, 2017
2017 is shaping up to be the year of the consumer sector, according to M&A data from Mergermarket, New York.
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True cost accounting pilot reveals hidden impacts of food, people

This study study calculated the cost of water pollution, pesticide exposure, greenhouse gas emissions and soil erosion for several types of produce.
June 13, 2017
Organic fruit specialist Eosta, The Netherlands, accounting firm EY (formerly Ernst & Young), New York, and other partners revealed the first results of a groundbreaking pilot program that demonstrates how organic fruit production has a positive economic impact on agriculture, the environment and consumer health.
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DFA HQs

Dairy Farmers of America unveils new HQs

Qualifying as a Silver LEED-certified building, the new headquarters includes a number of sustainable design practices.
June 13, 2017
Dairy Farmers of America (DFA) opened the doors to its new headquarters building in Kansas City, Kan.
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Raymond Center of Excellence

Raymond unveils Center of Excellence

The 40,000-square-foot RayBuilt Center of Excellence will remanufacture Raymond forklifts, including the truck body, as well as the truck’s components.
June 13, 2017
The Raymond Corp., Greene, N.Y., unveiled the new RayBuilt Center of Excellence located in East Syracuse, N.Y.
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Mastronardi Produce acquires Backyard Farms

Together, Mastronardi and Backyard Farms will supply world-class, non-GMO-verified tomatoes, peppers and cucumbers to food retailers in North America.
June 12, 2017
Mastronardi Produce Ltd., a Canada-based grower and distributor of specialty and commodity greenhouse produce sold under the SUNSET brand, acquired Backyard Farms, a grower of year-round greenhouse-grown tomatoes based in Madison, Maine.
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Shucks Maine Lobster to build processing plant

Shucks Maine Lobster is said to be the only lobster processor in the country to use HPP technology.
June 12, 2017
Shucks Maine Lobster, Richmond, Maine, announced plans to build a 28,000-square-foot processing plant in Gorham, Maine.
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Precision Inc. acquires Meyer Industries

The acquisition will better serve the needs of Meyer Industries’ customer base by providing a larger platform of research, engineering and manufacturing resources.
June 12, 2017
Precision, Inc., Pella, Iowa, acquired Meyer Industries, Inc., a San Antonio, Texas-based provider of vibratory conveying, bulk material handling and food processing equipment.
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Intertape Polymer to acquire Cantech

The Cantech acquisition will further enhance and extend the Intertape’s product offering.
June 12, 2017
Intertape Polymer Group Inc. (IPG), Canada, announced plans to acquire substantially all of the assets of Canadian Technical Tape Ltd.
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