Year: 2024

Califia Farms Introduces ‘Califia Farms Complete’, Plant-Based Milk Nutritionally Comparable to Dairy

February 26, 2024 Califia Farms

Califia Farms®, a leading, premium, plant-based beverage brand, today announced the launch of Califia Farms Complete, a deliciously creamy plant milk with nine essential nutrients, eight grams of protein, all nine essential amino acids, and half the sugar of dairy milk. Made from a special blend of pea, chickpea, and fava bean protein, Califia Farms Complete offers consumers the perfect way to meet their nutritional needs – all from plant sources. It is available now at Target, Walmart, and other retailers nationwide with a suggested retail price of $6.69. …

BGL Announces the Acquisition of Crest Foods by Harwood Private Equity

February 26, 2024 Brown Gibbons Lang & Company

Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Crest Foods, a leading provider of dairy stabilizers, contract packaging, and branded and private label dry food manufacturing, to Harwood Private Equity (Harwood), an investor in lower middle market companies. BGL’s Food & Beverage, Debt Capital Markets, and Real Estate teams together served as the exclusive financial advisor to Harwood. The specific terms of the transaction were not disclosed.  …

Governor Lee, Commissioner McWhorter Announce Rich Products to Expand Manufacturing Operations in Hamblen County

February 26, 2024 Rich Products Corporation

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Rich Products (Rich’s) officials announced today that Rich’s will invest $27 million to expand production at its Morristown, Tennessee manufacturing facility. …

American Bakers Association Announces Powerhouse Keynote Speakers for 2024 Convention

February 26, 2024 American Bakers Association

From April 14-17, 2024, The American Bakers Association’s Convention in Scottsdale, AZ, will feature a dynamic lineup of speakers addressing the forefront of innovation and leadership in the commercial baking industry. …

Governor Ivey Announces Conecuh Sausage Expanding to Andalusia in $58 Million Growth Project, Creating 110 Jobs

February 26, 2024 The Office of Alabama Governor Kay Ivey

Governor Kay Ivey announced today that Conecuh Sausage, an iconic Alabama maker of hickory smoked sausages, plans to invest nearly $58 million to open a second production facility in the state, creating 110 jobs in Andalusia. …