Concern over rail performance weighs on industry

[ad_1] KANSAS CITY — The threat of a labor strike on US railroads was seemingly resolved last week after Congress approved and President Biden signed a bill prohibiting rail workers from…

McCormick spotlights flavor trends for 2023

[ad_1] HUNT VALLEY, MD. — Vietnamese x Cajun Style Seasoning is the flavor of the year for 2023, according to McCormick & Co. The company unveiled its inaugural flavor of…

Krispy Kreme adds Ashukian as CFO

[ad_1] CHARLOTTE, NC. — Jeremiah Ashukian has been named executive vice president and chief financial officer at Krispy Kreme, Inc., effective Jan. 9, 2023. He will succeed Josh Charlesworth, who…

Younger consumers become a target for Pizza Hut

[ad_1] LOUISVILLE, KY. — Offering convenient and portable products and competing in different eating occasions are two ways executives of Pizza Hut expect to attract more younger consumers. “It’s not…

Equinom raises $35 million to scale optimized plant proteins

[ad_1] INDIANAPOLIS — Equinom secured $35 million in funding to bring more of its optimized plant proteins to market. The Indianapolis-based company uses its proprietary Manna technology platform to breed…

Brands with attractive price points grow faster in 2022

[ad_1] NEW YORK — Food and beverage brands held down 8 of the top 20 positions in Morning Consult’s list of fastest-growing brands for 2022 as low price points appealed…

Nestle to add production hub in Ukraine

[ad_1] KYIV, UKRAINE — Nestle is investing 40 million Swiss francs ($42.8 million) in a new production site in Smolyhiv, located in the Volyn region in Ukraine. According to Nestle,…

Oreo adds mint chocolate to gluten-free line

[ad_1] CHICAGO — Oreo, a brand of Mondelez International, Inc., is launching gluten-free mint chocolate sandwich cookies in January 2023 as a permanent addition to the Oreo portfolio. The sweet…

Yum! aims for 100% digital sales

[ad_1] LOUISVILLE, KY. – Increasing digital sales stands as a main reason why executives of Yum! Brands Inc. will keep expanding the company’s technology capabilities. “My aspiration, and it’s shared by…

Barilla Group to acquire Back to Nature brand

[ad_1] PARMA, ITALY — The Barilla Group is acquiring the Back to Nature brand from B&G Foods, Inc., Parsippany, NJ. Terms of the acquisition were not disclosed. Back to Nature…