News from dairy processors, suppliers and associations.
July 13, 2020
In response to increasing consumer demand for healthier, more natural options, My/Mo Mochi Ice Cream, Los Angeles, said it is moving to using only non-GMO ingredients while also replacing corn syrup with cane sugar as the sweetener across its entire mochi ice cream portfolio.
New York-based INTL FCStone Inc. — which offers comprehensive risk-management and margin hedging programs and services globally to the dairy industry, coupled with OTC hedging tools, M&A advisory services and more — said it is rebranding the firm as StoneX Group Inc.
The companies will supply hemp cannabinoids to the food and beverage industries, among others.
June 24, 2020
Fargo, N.D.-based Healthy Food Ingredients (HFI) said it formed a strategic supply partnership with Lakewood, Colo.-based KND Labs, a producer of high-quality domestic hemp-derived cannabinoids such as cannabidiol (CBD), cannabigerol (CBG) and cannabinol (CBN).
News from dairy processors, suppliers and associations.
June 22, 2020
Idaho Milk Products, Jerome, Idaho, said it will be offering virtual tours of its Milk Innovation Center that includes a state-of-the-art processing area, an instrumental lab and a multipurpose room for product evaluations and conferencing.
The 3.5 million euro investment will further improve flexibility and time to market.
June 19, 2020
Cargill, Minneapolis, said it invested 3.5 million euros in its site in Kalmthout, Belgium, to increase its capabilities for producing gourmet chocolate.
The companies increased their commitments to addressing child labor and deforestation.
June 9, 2020
As part of their ongoing commitment to sustainability, Osaka, Japan-based Fuji Oil Holdings and its Chicago-based subsidiary Blommer Chocolate Co. said they launched two global initiatives that address the most significant social issues faced by the cocoa industry.
The company reached an agreement with Virtus Nutrition for majority ownership of the platform.
June 4, 2020
Frisco, Texas-based Dairy.com said it acquired majority ownership of My Dairy Dashboard after reaching an agreement with the platform’s cofounder Virtus Nutrition LLC, Corcoran, Calif.