The Food Processing Suppliers Association (FPSA), the McLean, Va.-based owners of the PROCESS EXPO tradeshow, provided insight into global forecast reports focused on meat and poultry processing equipment for the next five years.

The Middleby Corp., Elgin, Ill., acquired CVP Systems, a Downers Grove, Ill.-based manufacturer of high‐speed packaging systems for the meat processing industry.

Processed meat is an industry that is driven by the demand for meat. A rapid increase in globalization resulted in amped-up meat processing procedures. Consumers increased their protein intake. And, busy, on-the-go, 2-income families rely on ready-to-eat meals that oftentimes, incorporate meat as the main component. These are just a few factors driving the processed meat industry.

Food packaging equipment supplier Pro Mach, Inc., Cincinnati, said it was acquired by The Resolute Fund II, L.P. for an undisclosed amount from Odyssey Investment Partners, LLC.