Industry News

RSS

Cultivated Biosciences, a pioneering Swiss biotech food startup, announced the successful closing of its seed funding round, securing $5 million to fuel its ambitious growth plans. 

SAMBAZON is the No. 1 global brand of Açaí and the first Certified Organic and Fair Trade Açaí company in the world, selling its consumer-packaged items in over 30,000 supermarkets mass merchandisers and club locations in more than 50 countries

The increased strategic investment is part of the company’s 2024 “Helping Communities Make It” program. 

 Lauren Edmonds of St. Clair Foods completed her term and passed the reins to incoming President, Mark Rosenfield of Reser’s Fine Foods.

To get back up and running, the family-owned ice cream company has carved out a smaller production area—roughly 30% of what its actual production area will be once the factory is fully restored.

The site is slated to open in 2026 and will create nearly 400 new jobs.

From traditional freezing methods to cutting-edge tech, manufacturers are striving for more efficient production methods that also enhance quality and consumer appeal.

The move allows the company greater business opportunities and to better serve customers and manufacturing facilities in Texas, California and South Carolina. It also provides greater access to talent with important skill sets in consumer products, IT and marketing experience.

Compared to 2019, annual store brand dollar sales in 2023 increased by $60.2 billion, a 34% gain. 

The results show the importance of having frozen foods on hand for convenience, affordability, and contribution to healthy meals.