Yum China Holdings, Inc. said that, despite the "unprecedented scale and impact" of the pandemic across its locations in China, leadership at the company is "seeing early signs of recovery, as business gradually resumed and people returned…
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Grupo Bimbo has disposed USD720m of its committed revolving credit facility, which has a total value of USD2bn. The disposed credit line has a maturity on October 7, 2023.
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Nestlé saw strong progress in 2019, with significant improvements and organic growth of 3.5%, group sales of CHF92.6bn, according to its recently published its Annual Report for 2019. Profitability improved again as the underlying trading…
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Prinova Europe has agreed to an exclusively distribute Hofseth BioCare's marine nutrition products in the EU. Based in Norway, Hofseth BioCare (HBC) offers a wide range of protein, calcium and oil products from Norwegian salmon, with a wide…
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Global bakery manufacturer and ingredients supplier Dawn Foods has agreed to sell its North American frozen manufacturing business to Rise Baking Company as it marks its 100th anniversary this  year. This strategic business decision allows…
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British bakery Greggs, a chain with more than 2,050 outlets, announced it is closing all its shops on Tuesday night (March 24) to help maintain social distancing in the fight against the coronavirus crisis. 
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La Brea Bakery has assured its consumers that their bakeries are up and running at full capacity and delivering to grocery stores in the USA, giving everyone access to fresh bread that can be eaten that day or stored in the freezer.
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American bakery-café chain Panera has announced that it will offer free delivery until the end of March on orders of USD15 or more made via the Panera app or website. Clients can select from a variety of options the whole family will love —…
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Ingredion has reopened its state-of-the-art Idea Lab™ innovation center in Manchester, UK, following a significant renovation. The upgrade will give Ingredion's technical services team the tools they need to drive innovation and increase…
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AMF Bakery Systems (AMF) has announced that Guillaume Joly, previously global business development manager, will transition to the role of director of sales for US and Canada focusing on artisan bread and rolls, pizza and flatbreads, cakes…
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Non-GMO seed-breeding specialist Equinom, Ltd., is expanding and operations and is opening offices in the U.S. to serve the North American market. This move will bring it closer to key farming communities and grain handlers, as well as to…
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Saverio Gamberini, a member of the board of directors of UCIMA (Italian Packaging Machinery Manufacturers' Association) and general manager of MG2, has been designated the new chairman of CEN TC 146, the European technical committee…
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Aryzta closed its Austin, Texas, bakery — laying off the entire workforce of 95 people — on East Stassney Lane March 6, according to a WARN notice submitted to the state’s Workforce Commission. The letter states the closure is permanent. 
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The USDA has agreed to increase the Tariff Rate Quota of refined sugar from Mexico by an additional 200,000 short tons. The move comes following an urgent meeting between USDA Under Secretary for Trade and Foreign Agricultural Affairs Ted…
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Andre Biane, president and CEO of AIB International, will retire at the end of 2020. A search for the next leader of the international food safety and quality organization is underway.
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American McKee Food Corp. has announced investments of nearly USD500m and the addition of 482 jobs through a series of expansions in Collegedale, Tennessee, over the next 15 years. In the biggest expansion in the company's 92-year history,…
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The European Commission has adopted a new Circular Economy Action Plan, including measures along the entire life cycle of products. The new Action Plan aims to make the economy fit for a green future, strengthen our competitiveness while…
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Metsä Board, the leading European producer of premium fresh fiber paperboards and part of Metsä Group, has joined the recently established European Paper Packaging Alliance (EPPA), Metsä Group, a Finnish forest industry group present in…
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