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Canadian firm Saputo expands position in growing specialty cheese categories

Canadian firm Saputo expands position in growing specialty cheese categories

Saputo produces, markets, and distributes a wide array of dairy products  Saputo Inc. has announced capital investments and consolidation initiatives intended to further streamline its manufacturing footprint in its USA sector. This announcement marks the continuation of the

Global
PepsiCo and AQUA Carpatica announce strategic agreement

PepsiCo and AQUA Carpatica announce strategic agreement

AQUA Carpatica is a perfect complement to PepsiCo's existing premium beverage portfolio PepsiCo, Inc. has entered into a strategic agreement with premium Romanian spring water AQUA Carpatica under which PepsiCo will own a 20 percent

Global
FAO, Canada join forces to address grain storage deficit in Ukraine

FAO, Canada join forces to address grain storage deficit in Ukraine

Canada contributes $40 million to cover 2.4 million tonnes of storage The Food and Agriculture Organization of the United Nations (FAO) has launched a new $40 million (Canadian Dollar 52 million) Canada-funded project to further

Global
Mondelēz reports strong growth of chocolate and biscuit biz

Mondelēz reports strong growth of chocolate and biscuit biz

Net revenues increased 9.5 percent driven by Organic Net Revenue growth of 13.1 percent Mondelēz International, Inc. has reported its second quarter 2022 results at $7,274 million. Net revenues increased 9.5 percent driven by Organic Net Revenue

Global
Nestlé invests $340 M in new coffee factory in Mexico

Nestlé invests $340 M in new coffee factory in Mexico

New factory leverages state-of-the-art equipment and green energies Nestlé has opened a new Nescafé coffee factory in Veracruz, Mexico. With an investment of $340 million, the plant creates 1,200 new jobs in the region and makes Mexico Nestlé's

Global
Unilever’s sales increase, driven by ice-cream & dressings

Unilever’s sales increase, driven by ice-cream & dressings

Turnover increased 14.9%, including a currency impact of 5.6% British FMCG firm Unilever has announced results of first half of 2022. Underlying sales growth in the first half was 8.1% with 9.8% from price and

Global
US announces increased funding for school meals, child and adult care meals

US announces increased funding for school meals, child and adult care meals

Provides support for schools and child care providers dealing with rising food costs US Department of Agriculture (USDA) has announced an increase in funding to help schools continue to serve kids healthy meals this coming

Global
Collaborative actions needed for access to enough nutritious food: FAO

Collaborative actions needed for access to enough nutritious food: FAO

Many of the necessary frameworks in place to transform agrifood systems, but there is more to be done Bold, scaled and collaborative actions are needed so that everyone everywhere has access to enough nutritious food

Global
USAID commits $200 M in fight against global malnutrition

USAID commits $200 M in fight against global malnutrition

The largest single investment in malnutrition treatment in history The United States Agency for International Development (USAID) Administrator Samantha Power took a historic step forward in the fight against global malnutrition by announcing a $200 million contribution to UNICEF

Global
PepsiCo to open largest, most sustainable plant in US

PepsiCo to open largest, most sustainable plant in US

Creating 250 new jobs for Denver-area residents PepsiCo Beverages North America (PBNA) has acquired nearly 152 acres of land at the Denver High Point development area where it will build a state-of-the-art, 1.2 million square foot