Thai Union Frozen Products (TUF) is planning to raise close to $380m, which will fund its planned acquisition of Bumble Bee Seafoods. TUF will offer up to 795.3 million new shares to its existing shareholders at $0.4685 each, Reuters ...
Tags: food, Bumble Bee Seafoods
A team of scientists from the National University of Singapore (NUS) has found that blue light emitting diodes (LEDs) have strong antibacterial effect on major foodborne pathogens, and are most effective when in cold temperatures (between ...
Huon Aquaculture has opened a new Smokehouse and Product Innovation Centre in Parramatta Creek, in the north of Tasmania, creating 70 new jobs. The move is in line with the company's controlled growth strategy to invest close to $160m in ...
Tags: food manufacture, food processing
Hopworks Urban Brewery based in the US has unveiled three rotating summer seasonal beers called Pig War White IPA, Ace of Spades Imperial IPA, and IPX Single Hop Ale: Simcoe. Made from hard red spring wheat grown on the brewery's estate ...
Tags: Seasonal Beers, beers
Volkswagen of America, arm of German automobile major Volkswagen, has partnered with renewable energy and carbon offset services provider 3Degrees for carbon reduction drive in California and Texas, while pumping in $10m to boost its ...
Tags: Auto Parts, Car
Australian salmon company Tassal Group Limited (Tassal) has responded to speculation in the media that a potential acquisition of De Costi Seafoods, one of the largest names at the Sydney Fish Market, has been completed, saying this is not ...
Tags: Costi Seafoods, Tassal Group
Artisan Bistro, part of Artisan Bistro Foods, has debuted a new sustainable line of seafood bowls that is certified by Marine Stewardship Council (MSC), becoming the first entrée frozen food line in North America. Bearing the blue ...
Tags: Frozen Food, seafood bowls
In this era of fast fashion, a visit to Texprocess 2015 will enable companies to reduce time to markets 3D as the fair will have many exhibitors from the CAD/CAM and PLM segments. Leading exhibitors of 3D CAD/CAM and PLM solutions ...
A key challenge for food companies is to create a continuous stream of new products which are “UNIQUE” in the eye of the consumer. The pressure from periodic range reviews drives an “in with the new” and “out ...
Tags: Incrementalism, New product, Food
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Australian salmon producer Tassal is contemplating the acquisition of private seafood business De Costi. This is in line with Tassal's strategy of increasing its product range from salmon to other seafood. The company, which has ...
Tags: Tassal, Frozen Seafood
US seafood importer South Pacific Specialties is upgrading its Miami processing operations with modified atmosphere packaging (MAP) technology amid vertical integration push in South America and Asia. The company also expects to ...
Tags: South Pacific, MAP Technology, Packaging
Cheeseburger in Paradise has introduced new offerings for customers seeking to reduce their gluten intake while still enjoying fulfilling foods and flavors. Boatloads of options, ranging from appetizers and salads to specialties and ...
Tags: bacon, cheese, Agriculture
Globally-recognized restaurant brand Tony Roma’s serve five new ‘Crave the Kick’ items infused with the flavors of chipotle, poblano, apple and pomegranate for a limited period of time. "We want to start the year with a ...
Tags: chipotle, poblano, apple, Agriculture
Bord Bia today launched its Export Performance and Prospects Report which reflects a 4% increase in exports for 2014 to reach a record high of almost €10.5bn. Aidan Cotter, Chief Executive, Bord Bia outlined the background to the ...
Tags: milk, drink industry, Agriculture