Vevey, Switzerland, NestlĂ© has announced another step forward in the implementation of its comprehensive value creation model. Early in 2017, the company’s management, together with the NestlĂ© Board of Directors, initiated a comprehensive review of the company’s capital structure and priorities to support and enhance its ability to deliver on its value creation model. NestlĂ© […]
CINCINNATI, — The Kroger Co. (NYSE: KR) announced today the expansion of its exclusive Our Brands product lines to offer its customers greater value, variety and quality. The company currently offers more than 30,000 Our Brands items, including food, beauty, personal care, pet and household essentials, many of which are made at one of the […]
WASHINGTON, – Acting Deputy Undersecretary for Rural Development Roger Glendenning today announced that USDA is providing more than a quarter billion dollars in loans for rural electric infrastructure improvements. “These loans will help improve the delivery of reliable electricity, and will help ensure that rural areas nationwide can prosper economically and benefit from today’s technologies […]
CHICAGO, — Archer Daniels Midland Company (NYSE: ADM) today issued its 2016 Corporate Sustainability Report, which details significant progress in areas ranging from energy and water efficiency to the traceability of the company’s palm and soy supply chains. “In 2016, we made significant advancements in our social and environmental goals, reflecting how we run our […]
WASHINGTON, – Agriculture Secretary Sonny Perdue today announced that USDA is seeking applications for technical assistance and training grants in the Community Facilities program. “Too often, rural community organizations lack the technical expertise they need to access federal dollars,” Perdue said. “These technical assistance and training grants will help rural organizations overcome hurdles that prevent […]
CHICAGO, —Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to purchase a controlling interest in Industries Centers, an Israeli company specializing in the import and distribution of agricultural feed products. “With this investment, we are continuing to expand and enhance our core value chain, including our ability to deliver […]
CHICAGO, — Archer Daniels Midland Company (NYSE: ADM) announced today that the Illinois Industrial Carbon Capture and Storage (ICCS) project, a partnership to safely and permanently store more than 1 million tons of carbon dioxide a year, has begun operations. “We are extremely proud to be part of this important program,” said Todd Werpy, ADM […]
The Weetabix Food Company, owners of one of Britain’s leading cereal brands, today welcomed the news that it is to be acquired by Post Holdings, Inc., a consumer packaged goods holding company. The deal values Weetabix at ÂŁ1.4 billion. The acquisition comes on the back of the growth in Weetabix’s UK market share for cereals […]
TREVOSE, PA. — As California’s agriculture industry continues to plan for months of extreme rain followed by months of longer drought, the University of California Davis (UC Davis) and wine industry solutions provider Winesecrets have aligned with GE to pilot an innovative program to use captured rainwater in wine production. Reusing rainwater, rather than pulling […]
PITTSBURGH & CHICAGO– The Kraft Heinz Company (NASDAQ: KHC) and Oprah Winfrey have today announced a joint venture called Mealtime Stories, LLC, whose mission is to create a new line of food that will make real, nutritious products more accessible to everyone. The initial offering will be ready to eat refrigerated products across multiple categories. […]