Hormel Foods appoints new VP of grocery to lead Planters acquisition deal Hormel Foods Corporation has added appointed a new VP of grocery products to lead the integration of Planters and Corn Nuts into its brand portfolio.
The company appointed Jeff Frank, who currently serves as VP marketing for Hormel Foods foodservice business, as VP of it grocery products. In his new role, Frank will lead the strategic integration of the Planters and Corn Nuts brands into the Hormel Foods business, which is expected to be completed by summer 2021.
Earlier this month,
Kraft Heinz announced the sale of its nuts business (which includes most products sold under the Planters brand including single variety, mixed nuts, trail mix, Nut-rition products, Cheez Balls, Cheez Curls, and Corn Nuts branded products) to Hormel for $3.35bn.
Walmart generated a record $152.1bn in sales, an increase of $10.4bn or +7.3%, in Q4 (13 weeks ended Jan. 29, 2021). Looking towards FY22, the retailer said it will be investing heavily in its “next generation business model” to fuel further growth.
Barry Callebaut has joined forces with Swiss chemistry start-up Bloom Biorenewables to investigate upcycling chocolate side streams. The first result: vanillin produced from hazelnut shells.
Swiss chocolate giant Barry Callebaut is working in partnership with Bloom Biorenewables to examine how waste produced during chocolate manufacturing could ‘support the fight against climate change’ and help Barry Callebaut become carbon positive by 2025.
Bloom is a ‘small’ organisation of scientists founded by two chemists, Dr Remy Buser and Dr Florent Héroguel, from the EPFL (Ecole Polytechnique Fédérale de Lausanne).
The start-up’s ambition is to establish biomass as a mainstream alternative to fossil materials. Their technology converts plant material, which has stored carbon captured from the atmosphere while the plant is growing, into molecules that can replace fossil-based solutions in a ‘wide range of uses’.
Researchers from the French National Institute for Research into Agriculture, Food and the Environment (INRAE) are hoping to buck the trend of falling white truffle production in Europe.
FDA weighs in on heavy metals in baby food as lawsuits pile up In the wake of the recent congressional report into heavy metals in baby food, the FDA says its goal is to reduce exposure to toxic elements in foods through research and collaboration, but has not said if it plans to issue guidance on upper limits for heavy metals for more food categories, as lawsuits against the baby food brands referenced in the report continue to pile up.
Since the
report was published on February 4, Gerber, Beech Nut Nutrition, Campbell Soup (Plum Organics), Nurture Inc (Happy Family Organics) and Hain Celestial (Earth’s Best) have all been