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Millennials’ willingness to pay for premium ingredients redefines food industry

Millennials display unique and identifiable behavior in their interactions with food that challenge how the food industry should market and sell their products.
February 23, 2017
For Millennials, premium is the new normal, according to a report released by Maru/Matchbox, a Chicago-based market insights firm.
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TemperPack to expand manufacturing HQs

TemperPack’s mission is to build revolutionary insulation products that help companies increase their cold chain shipments while reducing their overall impact on the environment.
February 23, 2017
TemperPack announced plans to invest $2 million to expand its Richmond, Va., manufacturing headquarters operation.
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Bonduelle to acquire Ready Pac Foods

The acquisition will help fuel the growth of both companies in the fresh food space.
February 23, 2017
Bonduelle, France, entered into an agreement to acquire Ready Pac Foods, the Irwindale, Calif.-based producer of convenience fresh meal solutions, salads and fresh cut produce.
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Report outlines top supply chain incidents from 2016

Mergers and acquisitions represented the majority of EventWatch bulletins in 2016, with 20% of bulletins notified.
February 23, 2017
Resilinc, Milpitas, Calif., released its “2016 EventWatch Annual Report,” which analyzes and summarizes nearly 1,500 unique supply chain notifications and alerts generated by its EventWatch 24X7 global event monitoring, alert and analysis service.
Read More

Praxair signs agreement with Celanese to supply CO2, oxygen, nitrogen to Gulf Coast

Praxair’s pipeline systems are currently supported by multiple hydrogen and air separation plants and product storage capabilities.
February 23, 2017
Praxair, Inc., Danbury, Conn., signed a 15-year agreement with Celanese Corp., Irving, Texas, to supply carbon monoxide, oxygen and nitrogen to the U.S. Gulf Coast.
Read More

Fox Packaging upgrades manufacturing facility

The upgrades include more efficient printing and conversion machines for faster production times.
February 23, 2017
Fox Packaging announced a capital investment to upgrade its McAllen, Texas, headquarters facility.
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Study: 2016 breaks records for North American robot orders

Robot orders surged 61% in assembly applications while food and consumer goods orders increased 32%.
February 23, 2017
The Robotic Industries Association (RIA), Ann Arbor, Mich., announced that in 2016, the North American robotics market broke all-time records for orders and shipments.
Read More

Praxair to expand Geismar, LA facility

Currently, the facility serves over a dozen customers ranging from world-scale refineries to biofuel companies.
February 23, 2017
Praxair, Inc., Danbury, Conn., announced a $100 million investment in its Geismar, La., facility to expand its carbon monoxide production.
Read More

Taylor Shellfish Farms acquires Ekone Oyster Co.

The purchase includes the farm’s property, equipment, nursery and processing facilities, smokehouse and 350 acres of tidelands on Willapa Bay.
February 22, 2017
Taylor Shellfish Farms, Shelton, Wash., purchased the Ekone Oyster Co., Bay Center, Wash.
Read More

Study: Store brands are gaining share in fast-growing U.S. retail channels

For the 52-week period that ended 12/24/2016, retailers’ brands strongly outperformed the national brands in the rapidly-growing mass merchandisers segment.
February 22, 2017
Store brands are gaining market share against the big national brands in America’s fastest growing retail channels, according to the latest sales and market share statistics from Nielsen, New York.
Read More
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