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Technomic: M&As funnel growth in foodservice distribution

• Leading-edge distributors are taking the lead in helping operators understand the various nuances of delivery.
August 2, 2018
The Top 10 companies in the Power 50 ranking continued to grow market share in 2017, adding another percentage point of sales share and now accounting for 90.5% of the Power 50's total sales volume of $128 billion, according to “Power 50 U.S. Broadline Distributor Report,” a report published by Technomic, Chicago.
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Albertsons, Greycroft announce $50M fund to invest, grow new companies in grocery sector

The fund will utilize Greycroft’s investment expertise and connections into the early-stage technology industry and Albertsons’ grocery expertise and coast-to-coast footprint.
August 2, 2018
Albertsons Cos., Boise, Idaho, and venture capital firm Greycroft, New York, created a $50 million fund that will invest in and help grow emerging companies and technologies in the grocery sector.
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Sysco expands FreshPoint Dallas facility

The project will include a number of sustainability initiatives such as two Eco-Safe digesters for tomato waste and LED lighting.
August 2, 2018
Sysco Corp., Houston, Texas, broke ground on the expansion at its FreshPoint Dallas facility.
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Study finds legacy emissions important to dairy production

The experiment leveraged remote sensing of ammonia by the hyperspectral remote sensing imager, Mako, to make maps of ammonia.
August 2, 2018
A recent NASA-supported study released by Bubbleology Research International (BRI), Goleta, Calif., combined remote sensing with advanced mobile analyzers to understand how differing husbandry practices vary within dairies, between dairies and between regions.
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Jet Printing in Tennessee rebrands to Jet Packaging Group

This is in response to the increasing need for more innovative flexible packaging, especially made with compostable, renewable and recyclable materials.
August 2, 2018
Jet Printing in Tennessee, Nashville, Tenn., rebranded to Jet Packaging Group (JPG) in response to the increasing need for more innovative flexible packaging, especially made with compostable, renewable and recyclable materials.
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AGRO Merchants Group acquires Transmode

Transmode’s operations are split between port drayage services and outbound transportation to distribution centers and processing facilities.
August 1, 2018
AGRO Merchants Group, Atlanta, acquired Transmode, a regional transportation business based in Paulsboro, N.J.
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Premium Brands Holdings invests in Yorkshire Valley Farms

Yorkshire operates a modern 40,000-square-foot processing facility in Harriston, Ontario.
August 1, 2018
Premium Brands Holdings Corp., Canada, announced plans to acquire a 62.6% interest in Yorkshire Valley Farms Ltd., an Ontario, Canada-based processor and marketer of organic chicken products.
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