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eInfochips, a San Jose, Calif.-based Arrow Electronics company, joined forces with Microsoft Corp., Redmond, Wash., to enable smart solutions for connected appliances in the food and beverage industry.
Competition from other beverages targeted at health-conscious consumers, such as milk alternatives (e.g., almond- and soy-based beverages) will weigh on fruit beverage production volumes.
U.S. shipments of fruit beverages are forecast to rise 1.5% annually in nominal terms through 2022, according to “Fruit Beverages: United States,” a report released by Freedonia Focus Reports, Cleveland, Ohio.
The Middleby Corp., Elgin, Ill., entered into a definitive agreement to acquire the Taylor Co., Rockton, Ill., from UTC Climate, Controls & Security, a unit of United Technologies, Farmington, Conn., for $1 billion.
Lassonde Industries Inc., Canada, announced plans to acquire Old Orchard Brands, LLC, a Sparta, Mich.-based juice and beverage processor, for $146.million.
Tetra Pak, Vernon Hills, Ill., launched the Tetra Fino Aseptic 100 Ultra MiM, a new package that allows customers to produce liquid dairy and juice drinks using their existing production processes.