Mars announced that it would be reviewing its Uncle Ben’s brand in response to the protests against systemic racism worldwide.

Despite reporting a 28% decline in its second quarter, it also witnessed considerable improvement in global sales volume as lockdown eased.

Archer Daniels Midland Company reported a strong profit for its Q2, strengthened by its nutrition and agricultural services divisions.

Cargill joins the list of major meatpackers who were under investigation for their handling of meat exports and worker safety during the coronavirus pandemic.

Cargill joins the list of major meatpackers who were under investigation for their handling of meat exports and worker safety during the coronavirus pandemic.

Although the top 5 companies stayed the same, there was extensive movement throughout Food Engineering’s 2020 list of the Top 100 food and beverage companies.

A volatile year for food and beverage companies of every size has seen a reshuffling of Food Engineering’s Top 100 food and beverage companies.

PepsiCo has moved up from #2 to take the top spot. The company reported a 20.5% increase in net revenue in its Q2 results, raising its full-year guidance for organic revenue growth. 

Following closely behind PepsiCo, Nestlé reported organic sales growth of 8.1% for its first half, after its results were boosted by strong demand for its coffee products.

JBS reported its “best quarter in its history” in August, citing a net income that increased almost 30% to $839.2 million.

AB InBev reported a strong performance in Q2 after organic revenue grew by 27.6% to $13.53 billion. 

Tyson Foods recorded sales of $11.30 billion in Q2, an increase from 2020’s results of $10.89 billion. 

At the end of 2020, Mars announced its acquisition of Kind North America, a maker of healthy granola and energy bars.

ADM reported strong Q2 results, with net earnings of $712 million and adjusted net earnings of $754 million. 

The Coca-Cola Company witnessed net revenues accelerate by 42% in Q2 this year, driven by ongoing recovery from the pandemic in several markets.

Global commodities trader Cargill reported a 17% rise in revenue in fiscal year 2021, owing to raised prices for agricultural products. 

Danone has been busy. The company reported a return to growth across all categories in the second quarter after posting a 6.6% net sales increase on a like-for-like basis. 

After a brief stint in the top spot for PepsiCo, Nestlé reclaimed the mantle of top food and beverage producer by revenue in this year’s Top 100 Food and Beverage Companies. Plus, there was a massive jump in revenue reported by Archer Daniels Midland, giving the company enough to vault into the second spot, pushing PepsiCo down to third.

The rising cost of ingredients due to inflation and supply is deflating food and beverage manufacturers’ revenue, which has created movement in this year’s list.

Securing the top spot once again, Nestlé reported 9.3% organic sales growth in the first quarter, driven by the company’s price hikes.

PepsiCo said investments made in its brands, consumer insights, manufacturing and go-to-market execution are fueling growth across the portfolio.

A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.

The maker of Budweiser and Corona said its results confirmed the resilience of the beer market in the face of economic challenges, notably inflation.>

Lowered sales forecasts led to the closure of some chicken processing facilities, but the company is compensating by making investments elsewhere.

It has been a year of innovation for ADM. The company reported that its agriculture and oilseed results were strong but slightly lower than in the second quarter of 2022.

Cargill—agricultural giant and the largest private company in the US – has experienced a slowing of profits this year, owing to less volatility in the global grain market and the collapse of meatpacking margins in the US.

The Coca-Cola Company reported strong second-quarter results, posting a 6% rise in net revenue to $12.0 billion, after its results were boosted by price hikes.

Olam Group – one of the world’s biggest agricultural traders – posted an 8.3% drop in its annual net profit, as better performance at its agricultural unit was offset by higher finance and input costs.

Global agribusiness cooperative CHS posted $547.5 million in net income for Q3 2023 boosted by strong global demand, compared to its record third quarter net income of $576.6 million in fiscal year 2022.

Inflation and changing consumer habits forced companies to get creative in terms of maintaining margins, and pet food is going strong.

Well-designed packaging can provide shelf impact to attract attention and set the product apart from its competition, enhance usability, prevent damage, maximize shelf life and offer sustainable attributes.

PBNA tripled its local warehouse footprint with the relocation of its former downtown Nashville distribution warehouse facility.

The conveyor’s lanes combine product, making a mixed variety of can or bottle flavors to create a multi-flavor case pack.

Kukutai has been an investor in Plenty and a part of Plenty’s Board of Directors since September 2016. Prior to his work with Plenty and Finistere, Kukutai served as executive chairman of PKW Farms, a successfully diversified investment entity involved in dairy farming and aquaculture activities in New Zealand, Asia and Australia.

With software upgrades, users should not have to relearn what they already know--and user interfaces need to be constructed with the end user in mind.

: Just when IT and OT professionals were feeling a little more comfortable in preventing and tackling ransomware/malware attacks, now they have something new to worry about—and potentially just as insidious—the Log4j vulnerability.

TCAA and IMI held the first of the six-event Ceramic Tile Seminar series in New Berlin, Wis.

The System 550 includes A2L refrigerant leak sensing and mitigation functionality and optional two-way cloud connectivity.

The pace of M&A activity in the food and beverage sector has trended much slower in 2024 compared to recent years, but several indicators suggest a pickup in activity.

The incredibly demanding operating application and washdown conditions, along with food safety concerns and regulations, have driven a shift toward IP69K-rated products.

Machine vision technology is emerging as a transformative force in driving productivity, enhancing quality control and revolutionizing packaging inspection processes.

Investing in the right IoT hardware and software package can provide actionable data that will help improve business operations.

Connectivity provides manufacturing plant operations many advantages like increased productivity, faster identification and remediation of quality defects, and better collaboration across functional areas. However, this connectivity is dramatically increasing smart factories’ vulnerabilities and leaving them exposed to cybersecurity threats.

The lab will be used for the research and development of regenerative coffee with 100% electric roasters.

As food and beverage manufacturers seek solutions to reduce operational costs and decarbonize, they may be surprised to find the answer in a solution that’s nearly a century old: absorption cooling.

Ahmik Hindman, senior networks and security consultant at Rockwell Automation, recently spoke about how food manufacturers can assess cybersecurity risks, implement security patches and build a cybersecurity risk management system.

Turn Industry 4.0 from a concept into a tangible business use case with this helpful assessment. Discover the key elements to implementing a successful project that provides business results that align with your company goals.

Green initiatives have shown that raising cold-chain temperatures by 3°C from -18°C to -15°C can save the industry money, but how well can equipment in service support the move?

As companies seek to enhance precision, increase efficiency and reduce costs, AI-driven computer numerical control (CNC) machining is emerging as a game-changing innovation.

Phrases such as “artificial intelligence” and “machine learning” are dominating headlines – and boardroom discussions – but what do they really mean? And more importantly, what can they do for food and beverage manufacturers?