Category Archives: Suppliers

Washington-based dairy-farmer cooperative Darigold will upgrade its flagship plant

Washington-based dairy-farmer cooperative Darigold will upgrade its flagship plant for $100 million. In addition, it plans to add new sales offices in Mexico and Asia, targeting the appetites of a growing global middle class. The cooperative’s export volumes ramped up over the last five years, as it sends upward of 40% of its production to customers in 20 foreign markets.

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Another CPG giant is born

A few weeks after Keurig snapped up Dr. Pepper, Conagra Brands is buying Pinnacle Foods for approximately $10.9 billion, including Pinnacle Foods’ outstanding net debt.

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Hormel names deli its “next growth engine”

Growth in the deli category is outstripping that of the rest of the grocery store by more than four times, and Hormel has launched a new deli division to capitalize on that demand, said CEO Jim Snee. “Our new deli division represents almost $1 billion in annual sales and will be the company’s next growth engine,” Snee said.

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Has coconut oil lost its luster?

US retail sales of culinary coconut oil – a category demonstrating explosive growth in recent years – have continued to decline, according to new data from SPINS, with the strongest reversal of fortunes in the conventional (MULO) channel, where sales soared by 38.8% in 2015, but fell 5.2% in 2016, and sank 25.9% in 2017.

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Chobani giving free yogurt to everyone in the US

Chobani is offering a free cup of yogurt to everyone in the US to celebrate the brand’s tenth year as a national brand. “We have millions and millions of people buying our product and we want to invite more to come into our brand,” said CEO Hamdi Ulukaya.

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