Schwan’s Company, a leading U.S.-based food company and subsidiary of South Korea-based CJ Foods, announced a decision to further invest in South Dakota with the purchase of a 142-acre site at Foundation Park for a 700,000 square-foot Asian-style food production facility. …
The new warehouse facility will be attached to Upfield’s New Century production plant through an above-ground conveyor bridge being constructed by Upfield and allowing its finished product to be delivered directly into the warehouse. Upfield, a global leader in plant-based food, produces iconic brands such as Country Crock®, I Can’t Believe It’s Not Butter® and Imperial® at the New Century manufacturing facility. …
The 2023 GSI report outlines the environmental performance and nutritional profile of farm-raised salmon, allowing GSI members to not only demonstrate their contribution to sustainable food systems, but also hold themselves accountable to ambitious sustainability targets. Using the data in the report, GSI members can identify areas where further effort is required, learn from each other, and accelerate the necessary environmental improvements. …
In accordance with the terms of the Settlement, 2,429,014 shares of the Company issued in connection with the acquisition of Rubicon will be cancelled, resulting in 30,428,600 total outstanding shares. Based on a closing share price of CAD $13.32 on June 5, 2024 and an exchange rate of 1.37045 with the U.S. dollar, the cancelled shares are worth approximately USD $23.6 million. …
The food innovator’s 2024 Climate Impact Report demonstrates the significant impact the mushroom and mushroom root blend can have when used in meat dishes. Aptly named, chefs use 50CUT in place of approximately 50% of the meat by weight in a recipe, which translates to 1:1 reduction in CO2e emissions per burger. …
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