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Golding Farms Foods acquires Arcobasso Foods

The acquisition enhances Golding Farms' product offerings and capabilities in numerous categories.
May 24, 2019
Golding Farms Foods, Inc., a Winston-Salem, N.C.-based manufacturer of private label and branded sauce and condiment products, acquired Arcobasso Foods, Inc., a Hazelwood, Mo.-based manufacturer of refrigerated dressings, sauces and beverage mixers.
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MOD Pizza

MOD Pizza announces $160M equity financing to maintain rapid growth

With this additional capital, MOD plans to maintain its rapid growth across existing and new markets in the United States and internationally.
May 24, 2019
MOD Super Fast Pizza Holdings, LLC, Seattle, Wash., announced a $160 million equity financing led by Clayton, Dubilier & Rice (CD&R), a New York-based private investment firm.
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Georgia Ports Authority names new chairman, National Restaurant Association president to step down, California Milk Advisory Board elects new board members, and other personnel changes

May 24, 2019
Here's a recap of this week's personnel announcements.
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Stellar Fort Worth parts plant

Stellar expands 2 refrigeration parts & compressor shops

Both facilities offer climate-controlled storage spaces for their respective parts inventories.
May 23, 2019
Stellar, Jacksonville, Fla., relocated and re-opened its industrial refrigeration parts and compressor shops in Jacksonville and Fort Worth, Texas.
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Perdue acquires Panorama Meats

Panorama Meats prides on its humane animal care, commitment to traditional ranching practices and conservation efforts of America’s grasslands.
May 23, 2019
Perdue Premium Meat Co., Inc., Salisbury, Md., announced plans to acquire Panorama Meats.
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default supply chain with trucks

Survey shows how fleets lack access to business intelligence

Approximately 33% of respondents said they still do not have a software platform that allows them to manage their fleet’s total cost of ownership all in one place.
May 23, 2019
Fleet Advantage, Fort Lauderdale, Fla., announced results of its latest industry-wide survey addressing the gap that remains for today’s fleets in the way they utilize data and business intelligence to run their trucks and fleet operations.
Read More
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Study: Plant-based meat market worth $27.9B by 2025

Burger patties are one of the most popular plant-based meat products available in the market.
May 23, 2019
The plant-based meat market is estimated at $12.1 billion in 2019, and is projected to grow at a CAGR of 15% from 2019-2025, reaching $27.9 billion by 2025, according to a report published by MarketsandMarkets, Chicago.
Read More
WestSoy tofu

Keystone Natural Holdings acquires WestSoy

The acquisition does not include the WestSoy plant-based beverage business.
May 23, 2019
Keystone Natural Holdings (KNH), a Philadelphia, Pa.-based portfolio company of Keystone Capital, Inc., acquired the WestSoy tofu, seitan and tempeh businesses from The Hain Celestial Group, Inc.
Read More
Buhler CUBIC innovation campus

Bühler opens CUBIC innovation campus

The new innovation campus is integrated into the Bühler site in Uzwil, Switzerland, linking the development, engineering and design teams with the modernized application centers and the factory.
May 23, 2019
After a 20-month construction period and a CHF 50 million investment, Bühler Group, Switzerland, opened its CUBIC innovation campus with eight application centers.
Read More

Research: Products from food waste market will observe CAGR 5% by 2029

Consumers in affluent countries are known for buying more food than required, and then tend to waste it, thus generating opportunities for products from the food waste market.
May 23, 2019
Products from the food waste market will observe a CAGR of 5% by 2029, according to research presented by Future Market Insights, Valley Cottage, N.Y.
Read More
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