Baking & Snacks
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Snack food maker Calbee earmarks US$1bn to expand its presence in China and North America
JAPAN – Japanese snack food maker, Calbee, plans to invest about 140 billion yen (US$1 billion) in automation, mergers and acquisitions (M&A), and facility upgrades…
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General Mills, Kellogg, Post Holdings oppose changes to “healthy” claims labeling in US
USA – Proposed changes to which foods can be labeled “healthy” by the US Food and Drug Administration (FDA) have received strong opposition from major…
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Barry Callebaut Group appoints Vamsi Mohan Thati Asia Pacific’s president
SINGAPORE- Barry Callebaut Group’s board of directors has appointed Vamsi Mohan Thati as president of their Asia Pacific business, headquartered in Singapore, effective April 1,…
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Mexican baking giant Grupo Bimbo to spend US$2B on capital investment in 2023
MEXICO – Grupo Bimbo, the Mexico-based bakery giant, plans to spend up to US$2bn on capital investment in 2023 in part to meet the demand…
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Côte d’Ivoire sets aside US$3.2M to support the bakery sector, predicts high paddy rice production
Côte d’Ivoire – The government of Cote d’Ivoire plans to release US$ 3.2 million in support of the bakery sector as part of a reform…