Two former New England Confectionery Co. (NECCO) employees are suing previous buyer Round Hill investments for damages after the investment firm abruptly shut down the company’s Revere, Mass.-based plant July 24.
The Hershey Co.’s consolidated net sales reached $1.75 billion in the second quarter of 2018, thanks to snack acquisitions and divestitures of its Golden Monkey unit and the Tyrells brand.
European sugar producer Südzucker and DouxMatok, developer of targeted flavor delivery technology, are partnering to commercialize DouxMatok’s sugar reduction solution across Europe to support the food industry’s efforts to reduce sugar content.
Union Confectionery Machinery has been tapped by a third-party buyer to sell assets from New England Confectionery Co. (NECCO) after the company abruptly closed last week.
The New England Confectionery Co. (NECCO) plant in Revere, Mass. shut its doors Tuesday after its recent buyer, Round Hill Investments, LLC, announced it has sold the company to another candy maker.
Mars, Inc. and the Rainforest Alliance, in partnership with Touton and the Grameen Foundation, have launched in Ghana SAT4Farming, an initiative using digital technology and satellite imagery to guide farmers over a seven-year period.