Company completes spin-off of seed business, well positioned to advance its robust pipeline with 12 new actives, including 5 biologicals, for launch in the next decade.
Reported net sales decreased 1.4%; organic net sales decreased 1.1%.
Under the agreement, Onego Bio will supply its Bioalbumen® ingredient for Zen Waffles to incorporate into its product line.
Dana McNabb will succeed Jeff Harmening, who will become Executive Chair of the General Mills Board of Directors.
The expanded rail infrastructure is designed to accommodate larger unit trains and improve grain movement from the elevator to domestic and export markets.