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Inventure Foods sells Fresh Frozen Foods to Pictsweet Co.

The strategic transaction represents an important step in Inventure Foods' ongoing strategic and financial review process to increase shareholder value.
March 24, 2017
Inventure Foods, Inc., Phoenix, Ariz., announced the strategic sale of Fresh Frozen Foods to The Pictsweet Co.
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Vypin IoT

Vypin, e4score TrackAssured partner to solve FSMA sanitary transport challenge

The Vypin and e4score TrackAssured solutions close the “compliance gap” by enabling small carriers and owner-operators to be FSMA-compliant.
March 23, 2017
Vypin, LLC, Alpharetta, Ga., and e4score TrackAssured joined forces to offer shippers and carriers a solution for visibility, alerting and analytics to comply with the Sanitary Transport rules under the Food Safety Modernization Act (FSMA).
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Opto22 IBM IoT

Opto 22, IBM form partnership to enhance IoT applications

This partnership enables developers to rapidly design, prototype and deploy applications to connect existing industrial assets to the IBM Watson IoT platform.
March 23, 2017
Opto 22, Temecula, Calif., announced a strategic partnership with IBM, North Castle, N.Y., and IBM’s Watson IoT partner ecosystem to providing developers an end-to-end toolset for rapidly developing and deploying industrial Internet of Things (IoT) applications.
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Key trends shaping the future of grocery retailing

There are a number of trends putting pressure on food retailers of all stripes, from supermarkets whose bread and butter is groceries to supercenters and drugstores.
March 22, 2017
What could be said 20 years ago is even truer today—the U.S. food retailing business has never been more competitive.
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OFD Foods to build $25M freeze-dried manufacturing facility

OFD Foods produces individually-quick frozen foods for the emergency preparedness, Adventure Meal and disaster recovery markets, as well as to the U.S. military.
March 22, 2017
OFD Foods, LLC, an Albany, Ore.-based supplier of freeze-dried food, will expand its operations for the first time in Henrietta, N.Y.
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Nielsen: Meal kits viewed as alternative to take-out options

Millennials and Generation X consumers are 321% more likely to purchase them than older generations.
March 21, 2017
For on-the-go consumers with limited time between the end of the workday and dinner time, meal kits offer an alternative to take-out options and researching possible meal recipes.
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Panama Canal to launch vessel scheduling, maritime resources management system

This system, manufactured by Quintiq, a Radnor, Pa.-based division of Dassault Systèmes, will transform how the Panama Canal plans and schedules transit operations.
March 21, 2017
The Panama Canal will launch a state-of-the-art vessel scheduling and maritime resource management system to further optimize costs, improve safety and increase overall efficiency and reliability.
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Lineage Logistics announces strategic partnership with BluJay Solutions

The strategic partnership enables food and beverage customers to outsource the management of their transportation network by leveraging BluJay’s TMS with Lineage’s diverse network of facilities.
March 21, 2017
Lineage Logistics, LLC, a Colton, Calif.-based warehousing and logistics company sponsored by Bay Grove Capital LLC, San Francisco, announced a strategic partnership with BluJay Solutions, formerly Kewill, Chelmsford, Mass.
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Food authenticity market worth $7.5B by 2022

The market for adulteration tests, among all the types of food authenticity, accounted for the largest share in 2015.
March 21, 2017
The food authenticity market is projected to reach $7.5 billion by 2022, at a CAGR of 7.6% from 2016 to 2022, according to a report published by MarketsandMarkets, New York.
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