J&J Snack Foods Picks Up Another Midwest Bakery

The snack food and beverage company acquired Alsip, Ill.-based Labriola Baking Co., which began operations in 1993 as a local delivery bakery in the Chicago suburbs. Today, it has grown into a provider of premium pre-baked breads, rolls and soft pretzels for retail in-store bakery and foodservice outlets nationwide.

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Cargill takes a stake in cell-cultured meat startup Memphis Meats

The protein giant didn’t disclose the size of the investment, but it was part of $17 million in funding that also included Richard Branson and Bill Gates. This is the first investment by a traditional meat company in the “clean meat” segment, where companies use cutting-edge cell-replicating technology to grow beef, poultry and fish from living animal tissue.

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