As part of a $400 million investment, Jim Beam’s Boston, KY facility will increase capacity and reduce greenhouse gas emissions by 50% Beam Suntory, a world leader in premium spirits, will invest more than $400 million to expand production at its Booker Noe distillery in Boston, KY, which produces Jim Beam®. This expansion will increase capacity by 50 percent, while reducing the distillery’s greenhouse gas emissions by the same percentage through the use of anaerobic digestors that will … [Read more...] about Beam Suntory Unveils Renewable Energy-Powered Jim Beam Expansion
Industry
PepsiCo, ADM Announce Groundbreaking Agreement Aiming to Reduce Carbon Intensity by Supporting Regenerative Agriculture
Revolutionary strategic partnership between two global companies, with footprints extending from the farm gate to iconic foods and beverages, provides unprecedented and unique opportunity to expand regen ag at scale CHICAGO and PURCHASE, N.Y., September 14, 2022 – ADM (NYSE:ADM), a global leader in sustainable agriculture and nutrition, and PepsiCo (NASDAQ: PEP) today announced a groundbreaking 7.5-year strategic commercial agreement to closely collaborate on projects that aim to … [Read more...] about PepsiCo, ADM Announce Groundbreaking Agreement Aiming to Reduce Carbon Intensity by Supporting Regenerative Agriculture
PAG to Acquire Patties Foods and Vesco Foods
Sydney, September 15, 2022 – PAG, a leading investment firm focused on the Asia-Pacific region, announced today that it has entered into agreements to acquire Patties Foods (“Patties”) and Vesco Foods (“Vesco”), subject to regulatory approvals. Terms of the deals were not disclosed. Patties, with its origins dating back over 50 years, is well known for producing some of Australia and New Zealand’s favourite savoury snacks, appetisers, meals, and desserts, including its signature pies, party … [Read more...] about PAG to Acquire Patties Foods and Vesco Foods
