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Great Gifts for Father's Day

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Great gifts for Father s Day, June 20 (Dewar s)
June 20 is Father s Day, the one Sunday we set aside to let Dad know we care. Here are some options for gift ideas to make his special holiday one he will remember.
FOR THIRSTY DADS
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Inspired by a love of bourbon whiskey, a passion for chocolate, and a dedication to bringing people together, Ballotin Chocolate Whiskey produces elegant and delicious sipping whiskeys designed for flavor-craving friends. Ballotin brings subtler bourbon flavors including chocolates, nuts, caramels, mints, and vanillas, into greater prominence and balance with the complementary flavors of traditional whiskeys, $23.49 at https://www.totalwine.com. ....

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As inflation rages, food and beverage manufacturers pass higher costs on to consumers

As inflation rages, food and beverage manufacturers pass higher costs on to consumers
Coca-Cola, Nestlé and General Mills are just a few of the CPGs to announce hikes as they face a jump in expenses for ingredients, manufacturing, packaging and transportation.
Published May 4, 2021
George Frey via Getty Images
Food and beverage manufacturers are facing higher input costs across their businesses, leading to a jump in the prices consumers pay for everything from peanut butter to turkey that is likely to ensnare other offerings this year.
The pressure is coming from all sides. Beverage makers are facing a jump in expenses for packaging like aluminum. Meat prices are on the rise as the cost for grain to feed animals like turkey and hogs climbs. A surge in freight, transportation and manufacturing costs as well as pandemic-related expenses also are weighing on producers. These come on top of i ....

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Kraft Heinz reportedly in talks to sell Planters to Hormel Foods

Kraft Heinz reportedly in talks to sell Planters to Hormel Foods
Kraft Heinz is in talks to sell its Planters snack nuts business to Hormel Foods, The Wall Street Journal reported, citing people familiar with the matter, with a deal valuing the brand at around $3bn that could be announced as soon as next week.
The move comes four months after Kraft Heinz unveiled plans to sell a mix of cheese brands to Lactalis in a $3.2bn deal, and find $2bn of cost savings through 2024 from efficiencies in procurement, manufacturing and logistics as part of a highly-anticipated
Kraft Heinz, which told us it doesn’t comment on rumors or speculation, has eliminated more than 1,100 products in recent months as it focuses on bigger winners, telling investors in September that it is on a mission to “ ....

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10 Best Food Stocks To Buy Now - Insider Monkey

10 Best Food Stocks To Buy Now
In this article we discuss the 10 best food stocks to buy now. The food industry remains ripe for further growth amid a surging demand and changing consumer trends. You can skip our investment thesis for the food industry and click here to read
Food remains one of the thriving industries worldwide, given its essential business nature and a strong connection to consumers. In 2020, global food industry revenue jumped by a record 20% year over year to reach $8.2 trillion, driven by a huge demand increase amid the coronavirus outbreak. As the pandemic disrupted global food supply chains, consumers flocked to convenience stores to load up their carts, resulting in a 76% rise in convenience food sales. Food industry in the U.S. is extremely diverse, with a variety of subsectors. Moody’s said in an October 2020 report that it expects a slight decline in sales and earnings in the packaged food industry in 2021 when compared to 2020, but the indust ....

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Hormel Foods opens newest production facility

Dec 22, 2020
Hormel Foods has announced the opening of its newest production facility, Papillion Foods, located in Papillion, Neb., which will make dry sausage products for the company. The new location will make salami and dry sausage products under the Columbus Craft Meats brand as well as the company’s iconic Hormel brand.
We are excited to be opening up this facility to not only help meet the demand for our branded sausage products, but also provide fantastic career opportunities in our community, said Ed Finnegan, Papillion Foods plant manager. We ve been able to hire a great team thus far and are looking to welcome even more to our family at Papillion Foods. ....

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