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The report indicates that Canada continues to be a challenging environment for innovation and growth in the food, beverage and consumer products industry.
A new report by Food & Consumer Products of Canada (FCPC), Canada, is drawing attention to the growing competitiveness challenges of Canada’s food and beverage manufacturing industry.
Shore Capital Partners, Chicago, announced the closing of its inaugural food and beverage fund, Shore Capital Food & Beverage Partners Fund I (F&B Fund I), which raised $148 million.
Cargill announced a new initiative to help food and beverage manufacturers and foodservice operators find formulation solutions to address the complex challenges associated with improving childhood nutrition.
Industrial Info Resources, Sugar Land, Texas, said North American food and beverage companies are planning more than $2.2 billion in expenditures specifically aimed at warehouse and distribution centers.
Sealed Air Corp., the Elmwood Park, N.J., parent to Cryovac, said it agreed to purchase global cleaning and sanitation services supplier Diversey Holdings Inc.
Senior financial executives of global food and beverage companies expect to achieve improved financial performance in 2011, but foresee difficulty in sustaining profit margins and increasing market share.
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