SunOpta amends Series B-1 Preferred Share terms to eliminate dividend
Food Turkey Magazine
by fdturkey
4h ago
SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq:STKL) (TSX:SOY), a U.S.-based global pioneer fueling the future of sustainable, plant-based foods and beverages, announced the elimination of the dividend rights attaching to the shares of Series B-1 Preferred Stock (the “Series B-1 Preferred Shares”) of its subsidiary, SunOpta Foods Inc. (the “Subsidiary”), effective from and after December 31, 2023. Funds managed by Oaktree Capital Management, L.P. (“Oaktree”) acquired 15,000 Series B-1 Preferred Shares for US$15 million in 2020 in a financing of the Company’s plant-based foods and beverages ..read more
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Flashfood Reaches Milestone of 100 Million Pounds Diverted from Landfill and Announces B Corp Certification
Food Turkey Magazine
by fdturkey
4h ago
Flashfood announced a major milestone on the path to eliminating retail food waste: 100 million pounds of food diverted from landfills to dinner tables across North America, equivalent to more than 83 million meals and more than $250 million dollars saved on groceries. This double-sided impact highlights the win-win nature of the Flashfood marketplace: Flashfood is both more sustainable, and more affordable. The planet wins, shoppers win, families win. “Flashfood was founded with the singular mission to reduce food waste in grocery stores. With around 30% of all food that moves through a groce ..read more
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Yerbaé strengthens distribution network with three new partnerships
Food Turkey Magazine
by fdturkey
6h ago
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based energy beverage company, announced the signing of strategic distribution partnerships with three esteemed companies: Ed F Davis Inc DFW, Maverick Distribution, and Standard Beverage Corporation. These partnerships mark a significant step forward for Yerbaé as it expands its distribution footprint and introduces its 12 oz energy line to its recently announced national retailers and regional customers. Ed F Davis Inc DFW, recognized for its expertise in non-alcoholic beverage distribution, will champion ..read more
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Cryogenic Processors Prepares to Open Premier Freeze Drying and Packaging Facility in Paducah, Kentucky
Food Turkey Magazine
by fdturkey
6h ago
Cryogenic Processors, a trailblazer in the cryogenic freezing industry, is preparing to open a new, cutting-edge 115,000-square-foot cryogenic freezing and freeze drying facility in Paducah, Kentucky, in the fourth quarter of this year. The plant’s capabilities will include a large freeze drying operation that will supplement its cryogenic flash freezing, ultra-cold storage and finished product packaging under one roof, allowing Cryogenic Processors to serve a wide array of industries including food manufacturing, functional bacteria and cosmetics. Cryogenic Processors has become known for its ..read more
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CB Therapeutics Revolutionizes Color and Antioxidant Production: Precision Fermentation Sets New Standard for Cost-Efficiency and Sustainability
Food Turkey Magazine
by fdturkey
6h ago
CB Therapeutics (the “Company”), a frontrunner in biotechnology and precision fermentation, announces a monumental stride towards sustainability with the introduction of natural food and product colors, coupled with potent antioxidants. This innovative leap not only transforms coloration and nutrition but also sets a new benchmark for environmental responsibility in the food and industrial sectors. Harnessing the transformative potential of precision fermentation, CB Therapeutics unveils a vibrant palette of natural colors, including striking orange from carrots (β-carotene), deep purple from ..read more
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UNFI Chooses Samsara to Accelerate Progress in Fleet Safety and Sustainability
Food Turkey Magazine
by fdturkey
1d ago
Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, announced United Natural Foods, Inc. (NYSE: UNFI), the largest full-service grocery wholesaling partner in North America, chose Samsara to achieve new sustainability and safety progress. UNFI has adopted Samsara Vehicle Telematics, Asset Gateways, Environmental Monitors, and Video-Based Safety. “The safety, efficiency, and sustainability improvements UNFI will make with Samsara will help us change our business for the better. A core part of UNFI’s customer and supplier-centric strategy is continuous improvemen ..read more
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General Mills Stands for People and Planet in 2024 Global Responsibility Report
Food Turkey Magazine
by fdturkey
1d ago
“General Mills has a nearly 160-year legacy of standing for good, and we’re proud of the impact we’ve had and committed to continuing that journey,” said Jeff Harmening, chairman and CEO, General Mills. “When it comes to the products we make, it’s never just a box – it’s a promise that care has been taken in all aspects of making it. That promise extends beyond nutrition and great taste to our efforts to improve farmland soil health, be a responsible employer and contribute meaningfully to our communities.” Standing for Planet As a global food company, General Mills recognizes the risks that c ..read more
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PEPSI® and Chef Bobby Flay Ignite the Summer BBQ Season with New Limited-Edition Flavors and Epic Giveaways
Food Turkey Magazine
by fdturkey
1d ago
As spring blossoms into summer, Americans are eagerly anticipating the return of outdoor BBQ gatherings, where the tantalizing aromas of sizzling meats meet the refreshing fizz of ice-cold cola. According to a recent study by the Harris Poll1, 80% of Americans prefer the backyard BBQ experience over dining out, with grilling ranking as one of their top hobbies. Capitalizing on this beloved tradition, PEPSI® has teamed up with renowned culinary expert Bobby Flay to celebrate the joy of grilling and elevate the experience with the introduction of two new limited-edition flavors: Pepsi Lime and P ..read more
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Kraft Heinz’s mio Launches TAP: First-Ever Faucet that Instantly Turns Tap Water into an Energy Drink
Food Turkey Magazine
by fdturkey
1d ago
Say no more to cell phone chains and micro purses – the latest accessory infiltrating younger generations? Energy drinks. As the energy drink category has surged by 71 percent since 20171, some energy drink enthusiasts may be asking themselves: why do I feel like garbage? When was the last time I had water? Why am I sweating out a mix of Black Cherry and Blue Raspberry? mio, the creator of the liquid concentrate category, is saying no more. Introducing: TAP* – the first-ever faucet that instantly turns tap water into a hydrating energy drink. How does TAP* work? Well, it works just like any re ..read more
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New fries coming to SONIC
Food Turkey Magazine
by fdturkey
1d ago
SONIC® Drive-In will soon introduce fans everywhere to Groovy Fries, a new fry that’s hot, crisp, perfectly salted, and made with fry lovers in mind. The brand’s first update to its fries in more than 10 years, Groovy Fries offer both improved taste and functionality with grooves made for perfect dipping. Groovy Fries, along with a new Groovy Sauce, will arrive at SONIC locations nationwide by mid-May, and the brand promises more fun and crave worthy surprises in the months ahead. Groovy Fries have a crispy exterior to lock in heat and provide a bite that’s crisp on the outside, while soft and ..read more
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