Category Archives: Companies

ADM, Aston launch joint venture

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Archer Daniels Midland Co. (ADM) and Russia-based Aston Foods and Food Ingredients have successfully received all required regulatory approvals and launched their 50-50 joint venture to provide sweeteners and starches to customers in Russia. Aston is one of Russia’s largest agricultural and food ingredients businesses, with activities in farming, oilseeds crushing, edible oils and grain origination, in addition to its… Read more »

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Nestlé plans to slash 500 IT jobs in Switzerland

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Food giant Nestlé is planning to cut about 500 information technology (IT) jobs in Switzerland as part of the re-organization of its global IT activities. The company unveiled plans for re-organizing parts of its IT activities to benefit from its existing technology hub in Spain and other locations. Nestlé said none of its production sites in Switzerland will be affected… Read more »

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Bimbo Bakeries USA launches organic bread line

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Bimbo Bakeries USA has introduced a new organic line of bread under the Arnold, Brownberry and Oroweat brands. According to the Organic Trade Association’s 2017 Organic Industry Survey, organic bread ranks as the sixth largest organic category, and with consumer demand for more organic options at an all-time high, Arnold, Brownberry and Oroweat Organics Bread will offer consumers a better-for-you… Read more »

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Grupo Bimbo closes Mankattan deal, growing presence in China

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Grupo Bimbo has gained a greater foothold in the Chinese market after completing the acquisition of Mankattan. A deal for the Chinese company, which produces sliced bread, cakes, buns and Japanese-style sandwich bread, was announced in February. It includes four production sites owned by Mankattan that serve consumers in the cities of Beijing, Shanghai, Sichuan, and Guangdong. Bimbo has now… Read more »

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Nestlé unveils ‘world first’ investment in distribution centre

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Nestlé, the world’s largest food and drink company, and XPO Logistics, a leading global provider of transport and logistics solutions, are co-creating a 638,000sq ft distribution centre at the new SEGRO East Midlands Gateway Logistics Park in Leicestershire. The facility, a digital warehouse of the future, will be occupied predominantly by Nestlé for its consumer packaged goods and will function… Read more »

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Nestlé plans to slash 500 IT jobs in Switzerland

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Food giant Nestlé is planning to cut about 500 information technology (IT) jobs in Switzerland as part of the re-organization of its global IT activities. The company unveiled plans for re-organizing parts of its IT activities to benefit from its existing technology hub in Spain and other locations. Nestlé said none of its production sites in Switzerland will be affected… Read more »

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Nestle Aims At Major Packaging Initiative By 2025

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Nestle pledges to make its packaging recyclable and reusable by 2025. The Swiss giant’s goal is that none of its packaging, including plastics, ends up in landfill or as litter. The company would focus on eliminating non-recyclable plastics, encourage the use of plastics that allow better recycling rates and eliminate or change complex combinations of packaging material. Nestlé CEO Mark… Read more »

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Grupo Bimbo to Become First US Company to Use 100% Renewable Energy

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Grupo Bimbo announced that it has signed a virtual power purchase agreement (VPPA) to receive 100 megawatts of wind energy from Invenergy, North America’s largest independent renewable energy company. The agreement will deliver emissions reductions as well as social and economic benefits related to Invenergy’s Santa Rita East wind farm in Texas. Construction and operation of Invenergy’s Santa Rita East… Read more »

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Grupo Bimbo partners with Invenergy in wind power supply deal

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Bakery company Grupo Bimbo has taken a step towards its emission reduction goals after partnering with Invenergy, who will supply the company with 100 mW of wind energy. Grupo Bimbo is aiming to become the first bakery company in the US to source 100% of its energy from renewable sources and aims to achieve this ambition by 2020. The company… Read more »

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Bimbo, industry wait on F.D.A. rulings

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Bakers and their ingredient suppliers, eager to put adjustment plans in place, are waiting on new Food and Drug Administration rulings. The F.D.A. has yet to finalize a compliance date for its new Nutrition Facts Panel, and it has yet to rule on whether certain ingredients, including inulin, meet the agency’s definition of dietary fiber. “The biggest challenge I think… Read more »

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