Food industry

McCormick & Company Named to Fortune's 2022 Change the World List

Retrieved on: 
Wednesday, October 12, 2022

HUNT VALLEY, Md., Oct. 12, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was recognized on Fortune's 2022 Change the World list, which highlights companies that have made an important social or environmental impact through their core business strategies.

Key Points: 
  • HUNT VALLEY, Md., Oct. 12, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was recognized on Fortune's 2022 Change the World list, which highlights companies that have made an important social or environmental impact through their core business strategies.
  • "We are honored to be included on Fortune's 2022 Change the World list," said Lawrence E. Kurzius, Chairman and CEO of McCormick & Company.
  • McCormick premiered on Fortune's 2022 Change the World list of 50 global companies that have been identified as having a positive social impact through activities that are part of their core business strategy.
  • To learn more, visit www.mccormickcorporation.com or follow McCormick & Company on Twitter, Instagram and LinkedIn.

MFHA Announces Its Roundtable Series Presented by American Express: "ELEVATE Your DEI - A Menu for Change"

Retrieved on: 
Wednesday, October 12, 2022

WASHINGTON, Oct. 12, 2022 /PRNewswire/ -- The Multicultural Foodservice & Hospitality Alliance (MFHA) will partner with American Express to offer a series of roundtable events designed to introduce the industry to ELEVATE – A Menu for Change, a step-by-step toolkit, created by MFHA, with proven best practices and proactive business strategies that helps companies create and foster effective diversity, equity and inclusion (DEI) policies and practices and measure success.

Key Points: 
  • MFHA will partner with American Express to offer events to introduce the industry to ELEVATE A Menu for Change.
  • American Express is also generously supporting the Regional Roundtables as part of their commitment to diversity.
  • "We are committed to promoting equal opportunity for our diverse customer base and business partners at American Express.
  • Founded in 1996, MFHA serves as a leading resource for companies large and small seeking to improve DEI and cultural competency across their organizations.

Global Smart Factory Market Trajectory & Analytics Research Report 2022: Pivotal Role of Smart Factory Solutions in the Evolution of the Digitized Intelligent Factories of the Future - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 12, 2022

The "Smart Factory - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Smart Factory - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • 'Smart Factory' or 'Smart Manufacturing' or the 'Factory of the Future' is a concept that envisages creation of intelligent factories, where the traditional disparate manufacturing processes are linked to generate intelligent data.
  • The COVID-19 pandemic has created a pressing need for manufacturing factories to ensure worker safety while maintaining their operations.
  • The scenario is expected to prompt various factories to implement automated solutions and robotics for safeguarding their employees from the infection risk.

Vitamin C Market to See Healthy Growth of USD 1,899.69 Million with Excellent Compound Annual Growth Rate of 7.60% by 2029, Size, Opportunities, Applications, Growth Drivers and Future Outlook

Retrieved on: 
Wednesday, October 12, 2022

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.

Key Points: 
  • Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
  • We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
  • Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 inPune.
  • Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude.

VJ Group Launches Cannabis Industry Division, VJ Scientific, and Unveils New Decontamination Machine

Retrieved on: 
Wednesday, October 12, 2022

CHELMSFORD, Mass., Oct. 12, 2022 /PRNewswire/ -- VJ Group, the leading global X-ray technology provider, has launched a cannabis division, VJ Scientific. The new division will engineer and manufacture high-performance and cost-effective X-ray solutions for the cannabis industry. VJ Scientific's flagship product is a revolutionary non-thermal, non-chemical cannabis decontamination machine, "CX-1000," which will be presented in November at MJBizCon in Las Vegas.

Key Points: 
  • VJ Scientific's flagship product is a revolutionary non-thermal, non-chemical cannabis decontamination machine, " CX-1000 ," which will be presented in November at MJBizCon in Las Vegas.
  • VJ Scientific has developed proprietary, patent-pending X-ray technology for the cannabis industry that gives cultivators the most effective processing solutions to safely clean cannabis by the remediation of microbiological growth on cannabis flower.
  • VJ Scientific offers unique solutions to many existing challenges cannabis companies face in decontamination.
  • VJ Scientific has developed a proprietary X-ray technology for the cannabis industry that gives cultivators the most effective processing solution to safely clean cannabis by remediating microbiological growth on cannabis flower.

New data on food awareness: 59% of Americans unaware that farmers make up less than 1% of the US labor force

Retrieved on: 
Wednesday, October 12, 2022

ARDEN HILLS, Minn., Oct. 12, 2022 /PRNewswire/ -- For National Farmer's Day, Land O'Lakes, Inc. is putting farmers at the front to raise awareness of the critical role they play in society with the release of the "State of the American Farmer" survey.

Key Points: 
  • To illustrate support, Land O'Lakes launched "Farmers Are Incredible," a multiplatform creative campaign rooted in celebrating National Farmer's Day and emphasizing the importance of farmers and the agriculture industry year-round.
  • The campaign features striking imagery of the co-op's farmer-members to shine a light on them and their work.
  • Land O'Lakes will bring the farming and football communities together on the Big Ten Network on Saturday, Oct. 15, at the Nebraska-Purdue game.
  • With 2021 annual sales of $16 billion, Land O'Lakes is one of the nation's largest cooperatives, ranking 232 on the Fortune 500.

Tractor Supply Company Receives FTC Clearance to Close Orscheln Farm and Home Acquisition

Retrieved on: 
Tuesday, October 11, 2022

Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today that it received clearance from the Federal Trade Commission (FTC) to close on its previously announced acquisition of Orscheln Farm and Home.

Key Points: 
  • Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today that it received clearance from the Federal Trade Commission (FTC) to close on its previously announced acquisition of Orscheln Farm and Home.
  • View the full release here: https://www.businesswire.com/news/home/20221011006221/en/
    Tractor Supply Company receives FTC clearance to close Orscheln Farm and Home Acquisition.
  • (Photo: Business Wire)
    Today is an important day for Tractor Supply as this acquisition expands our ability to better serve our customers in the Midwest.
  • Over the course of the next 15 months post-closing, the stores retained by Tractor Supply will be remodeled to the Tractor Supply brand.

Sokol Expands Senior Leadership Team-appointments follow the hire of the company's new CEO, reflecting a commitment to quickly deliver on strategic growth initiatives

Retrieved on: 
Tuesday, October 11, 2022

COUNTRYSIDE, Ill., Oct. 11, 2022 /PRNewswire-PRWeb/ -- Sokol Custom Food Ingredients, a family-owned company that has been developing custom food formulations for over 125 years, has today announced the expansion of its senior leadership team with the appointments of John Pimpo as Vice President of Ingredients, Sales and Marketing, and Lauren Davis as Vice President of Finance and Strategy.

Key Points: 
  • Pimpo will be responsible for increasing sales revenues while improving the company's profitability and developing strategic marketing initiatives for the ingredients division.
  • Davis will lead the Finance and Strategy functions, working as a strategic link between the Operations, Sales and Finance teams to ensure growth in areas that best serve customers and optimize profitability.
  • "I am thrilled to be joining Sokol at such a transformational point for the company," said Lauren Davis, Vice President of Finance and Strategy of Sokol.
  • Sokol Custom Food Ingredients is a family-owned company that has been developing custom food formulations for retail, industrial and foodservice industries worldwide for over 125 years.

Socially Responsible Agriculture Project Affirms Support of Laws that Create Market Opportunities for Independent Family Farmers, As U.S. Supreme Court Hears Oral Arguments on California’s Prop 12

Retrieved on: 
Tuesday, October 11, 2022

Prop 12 set standards regarding how pork and other foods sold in the state of California are produced, creating important market opportunities for independent family farmers.

Key Points: 
  • Prop 12 set standards regarding how pork and other foods sold in the state of California are produced, creating important market opportunities for independent family farmers.
  • The brief also demonstrates how Californias Proposition 12 benefits independent and sustainable U.S. farmers.
  • Prop 12 recognizes that the market for sustainably raised pork is growing, and fosters healthy competition and economic opportunities for small, independent farmers.
  • SRAP and its partners believe laws like Prop 12, that disrupt the stranglehold agribusiness has on the industry, will create opportunities for Americas independent family farmers.

61% of CEOs Are Engaged in Supplier Diversity, Yet Most Organizations Lack Processes and Accountability to Ensure Program Success

Retrieved on: 
Tuesday, October 11, 2022

CHICAGO, Oct. 11, 2022 /PRNewswire/ -- supplier.io, the leading SaaS provider of supplier diversity management technology, today released the 2022 State of Supplier Diversity Report, its fifth report examining how companies manage their diverse supplier spend and prioritize supplier diversity programs to drive business growth. This year's report reflects a second consecutive year of heightened executive-level support for supplier diversity programs, paralleling a spotlight on diversity, equity and inclusion (DEI) initiatives across organizations.

Key Points: 
  • "After half a decade of tracking supplier diversity programs through our research and partnership with world class organizations, we are excited to bring the 2022 State of Supplier Diversity report to help advance supplier diversity programs," said Aylin Basom, supplier.io CEO.
  • Access the 2022 State of Supplier Diversity Report here to review the full data and recommendations for companies to improve their supplier diversity programs.
  • The fifth annual State of Supplier Diversity Report surveyed 211 supplier diversity professionals representing a range of industries.
  • Working as a trusted advisor to the Supplier Diversity community, supplier.io's mission is to support every program by providing innovative and superior end-to-end Supplier Diversity solutions.