Brazil Opens New Markets in China and Increases Number of Authorised Meatpacking Plants

During Chinese President Xi Jinping's visit to Brazil on 20 November agreements were signed on the opening of five new markets and certifying of 38 new meatpacking plants.

The Brazilian Ministry of Agriculture and Livestock (Mapa) finalized four phytosanitary protocols in collaboration with China's General Administration of Customs (GACC). These agreements enable exports of fresh grapes, sesame, sorghum, and fish-derived products such as fish meal and oil for animal feed to China. Earlier in June, China approved Brazilian pecans for import...

Forever Cheese Expands Value-Added Service Capabilities with Acquisition of Virginia Packing

Forever Cheese, a leading importer of cheese, cured meats, and other specialty foods, announced today that it has acquired substantially the assets of Virginia Packing, LLC (“Virginia Packing”), headquartered in Toano, Virginia. Virginia Packing specializes in cured meat slicing, packing and logistics services for premium domestic and international brands. This strategic partnership accelerates Forever Cheese’s ability to offer value-added services to its customers with plans to expand within the current facility.

Virginia Packing and Forever Cheese share a commitment to product quality, and both...

Introducing Canada Packers Inc.

Maple Leaf Foods Inc. (Maple Leaf Foods or the Company) today unveiled that Canada Packers Inc. (Canada Packers) will be the future name of the new pork company once it completes the previously announced separation of its pork business as a new independent, public company.

“We are thrilled to launch Canada Packers as the new name for our future independent pork company,” said Dennis Organ, President of Maple Leaf Foods’ Pork Complex and incoming CEO of Canada Packers. “This choice reflects our deep respect for the history and legacy of this iconic...

Cal-Maine Foods, Inc. Announces Expansion Plans for Additional Cage-Free Production Capabilities

Cal-Maine Foods, Inc. today announced that on October 4, 2024, its Board of Directors approved $40 million in new capital projects to further expand the Company’s cage-free production capabilities. The Company plans to fund the projects through a combination of available cash on hand, sales of investment securities and operating cash flow.

The projects will include the addition of five new cage-free layer houses across the Company’s locations in Florida, Georgia, Utah and...

Flora Food Group Announces Acquisition of New Facility in Southwestern Kansas

Flora Food Group B.V., global branded food champion, today announced the purchase of a manufacturing facility located in Hugoton, Kansas. This facility closed earlier this year under its previous owner.

The facility will serve as the hub for Flora Food Group’s creams and cream cheeses products for the U.S. and Canada and across the rest of the Americas region over time, while its existing New Century, KS facility will continue to serve as the U.S. hub for Flora Food Group’s butters and spreads products...

JBS Australia to Double Production Capacity at Dinmore Beef Facility

JBS Australia recently started a second shift at its Dinmore beef processing facility in Queensland. The company hired 300 additional staff for the expansion.

According to JBS Australia, a gradual ramp-up of production can be expected over the next 4-5 months, resulting in the site doubling its daily processing capacity.

According to JBS Australia, JBS Dinmore is the southern hemisphere’s largest beef processing plant. It accounted for approximately 10% of Australia’s total beef processing capacity when the company announced that it would invest...

Restaurant Brands International Inc. Introduces Five-Year Growth Outlook

Restaurant Brands International Inc. Chief Executive Officer, Josh Kobza, and Executive Chairman, Patrick Doyle, today shared their confidence in the long-term global growth outlook for Tim Hortons, Burger King, Popeyes and Firehouse Subs.

Mr. Kobza provided guidance for investors that the company expects to achieve a minimum of 40,000 restaurants, $60B in system-wide sales and $3.2B in Adjusted Operating Income by 2028 by delivering average annual results over the next five years of 3% plus comparable sales...

Krispy Krunchy Chicken Celebrates Record-Breaking 2023

As one of the fastest-growing foodservice solutions in the industry, Krispy Krunchy Chicken® has tapped into a new momentum and secured its spot as a leader in the space with record-breaking success in 2023. The hot food concept is nearly 3,000 locations strong, aided by the opening of 481 new units in 2023.

“Our growth this past year focused on three key components to success: optimizing our menu and procedures for ease of operation, building brand awareness, and, of course, continuing to serve...