Food Tech

Meatable Strengthens Board of Directors to Accelerate Growth of Breakthrough Food Technology

Retrieved on: 
Thursday, February 15, 2024

“Meatable is at an exciting juncture in our growth trajectory as we prepare to launch our consumer products in Singapore and host our first tasting in the EU.

Key Points: 
  • “Meatable is at an exciting juncture in our growth trajectory as we prepare to launch our consumer products in Singapore and host our first tasting in the EU.
  • On the Meatable Board, Mr. Abony will support the company’s management team by advising on commercial development initiatives in the U.S. as well as future transactions.
  • “Compared to others in its category, Meatable is highly differentiated through its industry-first technology and phased approach.
  • “Meatable is working at the forefront of food technology and is a clear-cut leader in the cultivated meat space,” said Ms. Malarkey.

Enpro to Present at Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium

Retrieved on: 
Thursday, February 15, 2024

Enpro Inc. (NYSE: NPO) will participate in Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium on Thursday, February 22.

Key Points: 
  • Enpro Inc. (NYSE: NPO) will participate in Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium on Thursday, February 22.
  • Milt Childress, Executive Vice President and Chief Financial Officer, will present virtually at 2:15 p.m. Eastern Time.
  • The webcast presentation will be available on the company’s website, http://www.enpro.com .

Market Leader Chef Robotics Surpasses 10M Meals in Production Using AI-Enabled Robots

Retrieved on: 
Thursday, February 15, 2024

Chef Robotics , the creator of ChefOS, the AI Brain for food manipulation, announced today that its ChefOS Enabled Robots in production have achieved a major milestone as of January 2024: more than 10M meals in production.

Key Points: 
  • Chef Robotics , the creator of ChefOS, the AI Brain for food manipulation, announced today that its ChefOS Enabled Robots in production have achieved a major milestone as of January 2024: more than 10M meals in production.
  • This is more meals in production than any other intelligent food robotics company in production.
  • The Chef Robotics automation solution is also helping keep the American food supply chain onshore (as many are thinking of off-shoring given labor shortages).
  • In real-world production deployments at customer sites, Chef robots automate complex food assembly tasks by deftly manipulating a vast variety of ingredients and successfully mimicking the dexterity of humans.

Borealis Foods, a Rapidly Growing, Mission-Driven Food Tech Company, to Ring Nasdaq Closing Bell

Retrieved on: 
Wednesday, February 14, 2024

Borealis Foods Inc. ("Borealis" or the "Company"), (Nasdaq: BRLS) a food tech company focused on developing high-quality, nutritious food solutions at affordable prices, today announced that CEO Reza Soltanzadeh, joined by co-founder Barthelemy Helg and other members of senior management and the Board of Directors, will ring the closing bell of the Nasdaq Stock Market today in celebration of the recent listing of BRLS shares on the Nasdaq exchange.

Key Points: 
  • Borealis Foods Inc. ("Borealis" or the "Company"), (Nasdaq: BRLS) a food tech company focused on developing high-quality, nutritious food solutions at affordable prices, today announced that CEO Reza Soltanzadeh, joined by co-founder Barthelemy Helg and other members of senior management and the Board of Directors, will ring the closing bell of the Nasdaq Stock Market today in celebration of the recent listing of BRLS shares on the Nasdaq exchange.
  • Mr. Soltanzadeh commented, "Ringing the bell today is a testament to the extraordinary progress we have made since the Company’s inception in 2019.
  • We set out to create great tasting, nutritious food that would be affordable for everyone, and our listing on Nasdaq highlights the terrific success we have had to date.
  • A live stream of the Nasdaq Closing Bell will be available at: https://www.nasdaq.com/marketsite/bell-ringing-ceremony under Bell Ceremony Events at the bottom of the page.

White River Soy Processing Purchases Benson Hill Ingredients

Retrieved on: 
Wednesday, February 14, 2024

White River Soy Processing, LLC (White River), a developer and operator of oilseed processing plants in the U.S., announced today that it purchased Benson Hill Ingredients, LLC, which operates an established food grade soybean processing facility in Creston, Iowa, from Benson Hill, Inc.

Key Points: 
  • White River Soy Processing, LLC (White River), a developer and operator of oilseed processing plants in the U.S., announced today that it purchased Benson Hill Ingredients, LLC, which operates an established food grade soybean processing facility in Creston, Iowa, from Benson Hill, Inc.
    “We are pleased to add another valuable asset to our growing company,” said Walter Cronin, Co-Founder and President of White River.
  • “Today’s acquisition displays White River’s commitment to our company’s mission to supply better nutritional outcomes to our customers, as well as meet the growing need for high-quality soy protein products,” said Gordon Glade, Co-Founder of White River.
  • White River, headquartered in Omaha, Neb., separately purchased Benson Hill’s soybean processing facility located in Seymour, Ind., on Oct. 31, 2023, and announced in December 2023 it had been selected to develop an oilseed processing facility near North Platte, Neb.
  • The company is supported by agricultural-focused investors, and its team has decades of experience in grain processing, from plant operations to risk management and finance.

Benson Hill Successfully Retires Term Loan Facility, Divests Iowa Processing Operation For $72 Million

Retrieved on: 
Wednesday, February 14, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240214185324/en/
    Benson Hill has successfully retired its senior debt facility and divested its Creston, Iowa, soy processing business to White River Soy Processing (WRSP) for gross proceeds of $72 million.
  • (Photo: Business Wire)
    The Creston transaction closed Feb. 13, 2024, and is a pivotal step for Benson Hill as it sharpens its focus on core growth areas.
  • We thank them for their contributions to Benson Hill.”
    As a result of the purchase, Benson Hill has transferred to WRSP ownership and all operations related to the Creston soy processing facility, including the established customer base.
  • A specialty oilseed processor based in Omaha, Neb., WRSP also separately purchased Benson Hill’s Seymour, Ind., crush assets in October 2023.

Benson Hill Announces Chief Financial Officer Transition

Retrieved on: 
Wednesday, February 14, 2024

Benson Hill , Inc. (NYSE: BHIL), an ag tech company unlocking the natural genetic diversity of plants, today announced that Susan Keefe has been appointed Chief Financial Officer, effective March 29, 2024.

Key Points: 
  • Benson Hill , Inc. (NYSE: BHIL), an ag tech company unlocking the natural genetic diversity of plants, today announced that Susan Keefe has been appointed Chief Financial Officer, effective March 29, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240214193445/en/
    Benson Hill, Inc. (NYSE: BHIL), an ag tech company unlocking the natural genetic diversity of plants, today announced that Susan Keefe has been appointed Chief Financial Officer, effective March 29, 2024.
  • Most recently, she served as Chief Financial Officer of GreenLight Biosciences, a biotech and ag tech company specializing in RNA-based solutions for agriculture and human health applications.
  • “Susan brings a depth of financial acumen to Benson Hill that will be crucial in reshaping the organization during our transition to an asset-light partnership model,” said Deanie Elsner, Chief Executive Officer of Benson Hill.

Practical Two Day FDA Inspection Online Seminar - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 13, 2024

This is a practical, hands-on two-day seminar designed to provide pharmaceutical, biopharmaceutical, biologics and medical device professionals with the information and tools they require to prepare for and manage an FDA inspection efficiently, effectively, and successfully.

Key Points: 
  • This is a practical, hands-on two-day seminar designed to provide pharmaceutical, biopharmaceutical, biologics and medical device professionals with the information and tools they require to prepare for and manage an FDA inspection efficiently, effectively, and successfully.
  • Many regulated companies preparing for FDA inspections are not prepared and the outcome can be negative as we see all the time with enforcement actions.
  • The course will go through what typically goes on during an FDA Inspection and will then cover how to prepare for, host and follow up to a regulatory inspection.
  • It will explain how to prepare for an inspection, how to handle a scheduled or non-scheduled inspection, what to expect during an inspection, and what follow-up to expect after an inspection.

IFT to Address the Concerns and Implications of Recent State-Level Food Additives Safety Legislation in Free Webinar

Retrieved on: 
Monday, February 12, 2024

The webinar will address the complex and confusing environment food scientists are currently facing as stakeholders increasingly focus on food additives safety.

Key Points: 
  • The webinar will address the complex and confusing environment food scientists are currently facing as stakeholders increasingly focus on food additives safety.
  • Specifically, the webinar will focus on the recently passed California Food Safety Act and related legislation in Illinois (SB2637) and New York (S6055) banning brominated vegetable oil, potassium bromate, propylparaben, and red dye #3.
  • Illinois is also expected to pursue banning titanium dioxide as part of the Illinois Food Safety Act.
  • An internationally recognized expert on food safety, assessing new food products, and food policy and regulation, Gendel brings with him over two decades of experience advancing science and policy in the FDA Center for Food Safety and Applied Nutrition.

United Natural Foods Successfully Concludes First Full-Assortment Selling Show in San Diego

Retrieved on: 
Friday, February 9, 2024

United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) concluded its first comprehensive product and solution regional selling show, reinforcing the Company’s customer and supplier-focused strategy.

Key Points: 
  • United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) concluded its first comprehensive product and solution regional selling show, reinforcing the Company’s customer and supplier-focused strategy.
  • The show also featured UNFI’s Professional Services, which is focused on driving growth and efficiency for retailers.
  • View the full release here: https://www.businesswire.com/news/home/20240209793584/en/
    United Natural Foods, Inc. completed its first comprehensive product and solution regional selling show, reinforcing the Company’s customer and supplier-focused strategy.
  • The San Diego winners were Tea Drops, which makes a fair-trade, eco-friendly alternative to tea bags, and Fishwife, which produces premium, ethically-sourced, tinned seafood.