Kraft Foods Group says it’s splitting its grocery business into a unit for meals and desserts and a division for sauces, nuts, snacks and dressings. Since the new Kraft launched, the company has focused heavily on turbocharging its iconic brands, CEO Tony Vernon says. It will add two standalone business units to focus its brand-building work.
Tyson Foods is expanding beyond its familiar beef, pork and chicken products into the prepared foods arena by taking over Circle Foods, which produces enchiladas, burritos, quesadillas, tacos and more at a 159,000-sq.ft. plant in San Diego.
With the rise of obesity and other health issues among U.S. children, the Minneapolis-based company announced an initiative to help food manufacturers and foodservice operators find formulation solutions to address challenges associated with improving childhood nutrition.
The Battle Creek, Mich.-based company says it made progress on delivering health and wellness to the marketplace in 2012, executives noted in its fifth global corporate responsibility report released April 22.