Through the partnership, ADM Cares and AFT will engage American farmers to offer direct technical assistance for succession planning, connections to production resources and peer networks, and grant funding to support productivity, market access, and farmer well-being.
The installation marks a step change from traditional lab scale presses by covering the full early production sequence; mixing, kneading and extrusion, and by enabling complete digitalization of process data alongside AI assisted analysis functions that support more precise formulation and process optimization for pasta manufacturers.
The transaction is expected to be finalized by the end of the year, subject to customary regulatory approvals.
Hain Celestial divests its North American snacks unit to Snackruptors for US$115 million as part of a strategy to reduce debt and refocus on core food and beverage categories.
This new, “first-of-its-kind facility” marks the transition from concept validation to large-scale production targeting up to 400 tonnes of olive flour each season.