Russian meat producer Cherkizovo Group has started construction of a new $90m meat processing plant in the Moscow region. Expected to be the largest in the meat processing category in Europe once completed, the plant is located in Kashira ...
Tags: Cherkizovo, meat processing
Creekstone Farms Premium Beef has formed a joint venture with California-based beef producer Pasture One to expand its product line. The joint venture which features a production and sales relationship between the companies will help ...
Tags: Creekstone, Beef
Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
Denmark’s food processing firm Danish Crown is planning to setup a processing and retail product facility in Shanghai, China as part of its 2021 strategy. The company plans to invest about DKK300m ($43.9m) for the plant, which will ...
Tags: Danish Crown, Processing Facility
The cocoa & chocolate business of Cargill has set up its own licensed buying company (LBC) after securing a licence from the Ghanaian Cocoa Board (Cocobod). The new LBC has started operations and Cargill purchased its initial consignment ...
Olam Cocoa opened a new Cocoa Product Development & Innovation Centre at its llhéus processing facility in Brazil. The announcement was made to mark the 70th anniversary for Olam Cocoa’s leading Brazilian cocoa brand, Joanes, ...
Tags: Olam, Cocoa Product
North Dakota based Anchor Ingredients has acquired a rail-loading and storage facility in Montana for an undisclosed sum. The new pulse facility acquisition according to Anchor Ingredients is said to increase its sourcing network which ...
Cargill has agreed to offload its 10-year-old Canadian egg processing facility in Etobicoke to the Global Egg. However, the transaction details were revealed by the two companies. Following the acquisition, the facility’s 53 ...
Vitalus Nutrition and Gay Lea Foods have entered into a joint venture to invest in a new dairy processing plant in Manitoba, Canada. The companies will process dairy ingredients and butter at the plant in Winnipeg, Manitoba. The joint ...
Tags: Vitalus Nutrition, Gay Lea Foods, dairy
Olymel has announced that it will expand its pork processing facility in Beauce in Canada’s Quebec province with an investment of $3m. The Canadian pork and poultry meat producer will use the investment for installing new equipment ...
Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...
Tags: Tyson Foods, investment, expansion
Florida-based Blue Harvest Fisheries has acquired the scallop business and processing facility of High Liner Foods in New Bedford, Massachusetts. However, the financial details of the transaction were not disclosed. Blue Harvest expects ...
Tags: Blue Harvest Fisheries, High Liner Foods, scallop business
Beston Global Food Company (BFC) has acquired the assets of Australian Provincial Cheese (APC) for $2.2m. The acquisition includes its plant and equipment, trademarks, intellectual property along with all other assets needed to continue ...
Tags: BFC, APC, acquisition
Tyson Foods has announced that it will invest $14m to expand its chicken processing facility in Wilkesboro, North Carolina. Tyson Foods spokesman Worth Sparkman revealed that the company is looking to make capital improvements to the ...
Pork processor Moon Ridge Foods has opened its new pork processing plant in Pleasant Hope in the US state of Missouri. Operations in the pork processing plant are scheduled to start in mid-September this year. The plant will be Moon ...