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Analysis of U.S. dairy industry shows $620B in economic impact

The U.S. dairy industry generates $38 billion in direct wages for workers in dairy industry.
June 12, 2019
The International Dairy Foods Association (IDFA), Washington, D.C., launched an updated version of its economic impact tool, Dairy Delivers, which measures the combined impact of the dairy products industry at the national, state and Congressional district levels across the United States.
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Report: Grocery stores of near future will include smaller formats, automated checkout, robots and more

A slew of technological advancements is converging to replace the traditional checkout line.
June 12, 2019
The grocery stores of the future will boast a fully automated checkout process, a greater emphasis on prepared meals, a proliferation of smaller, convenience-store grocery outlets and more collaboration between grocers and non-traditional partners such as fitness operators and restaurants, according to a report from CBRE, Los Angeles.
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AGCO Corp. opens regional sales office in Morocco

The region presents an opportunity for the expansion of Agri Parks, an AGCO initiative to develop integrated agricultural centers in Africa.
June 12, 2019
AGCO Corp., Duluth, Ga., opened a new office in Casablanca, Morocco, to serve as the company’s regional sales office for West and North Africa.
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Compass Group to acquire Fazer Food Services

Fazer’s foodservice focus on food and culinary innovation will further strengthen Compass Group’s ability to create more innovative solutions.
June 12, 2019
Compass Group PLC, UK, announced plans to acquire Fazer Group, Finland.
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Cargill highlights sustainability progress across multiple supply chains

The 2018 report provides insight into how Cargill addresses the impacts of climate change and delivers sustainable solutions that are transparent, innovative and collaborative.
June 12, 2019
Cargill, Minneapolis, released a collection of sustainability reports across four key businesses—aqua nutrition, cocoa and chocolate, ocean transportation and premix and nutrition.
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Emergent Cold announces investment in Piura, Perú

The new Perú facility will incorporate the latest technologies in IQF processing, efficient import/export services and modern storage and logistics capabilities.
June 12, 2019
Emergent Cold, Dallas, Texas, announced plans for a strategic investment in Piura, Perú.
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Study: Temperature-controlled packaging solutions market worth $16.8B by 2025

Asia Pacific is expected to witness significant growth in the upcoming years due to expansion of the food and beverage industries in emerging economies.
June 12, 2019
The global temperature-controlled packaging solutions market is expected to reach $16.8 billion by 2025 and expand at a CAGR of 8.3% over the forecast period, according to a new report by Grand View Research, Inc., San Francisco.
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