General Mills Inc. is expanding its Old El Paso product lineup, while Kellanova is introducing new Rice Krispies Treats Bliss bars.
Customers who may have purchased these products are requested to return them to where they were purchased for a full refund.
The company is aiming to rework its value proposition for consumers.
Pladis said the initiative will aid start-ups focused on food technology, health and sustainability.
This funding supports a multi-year initiative that has already resulted in improved productivity and reduced waste.